H2GC Reports US sports betting: the road to 2030 | Page 15

The regulation The three key unregulated states New York California Massachusetts Adult population 15.9m Adult population Adult population Legislation • Permissible legislation already enacted, detailed regulations are required. • Legislation only permits landbased, regulation of mobile unclear as yet. Legislation • Constitutional amendment required via voter referendum and 2/3 approval in the legislature. • ACA18 was introduced in July 2017 but died in Assembly. Legislation • No legislation proposed as yet. • Gaming Commission issued a white paper highlighting benefits of legalized land- based and mobile sport betting markets in the state. Projected market share 2024 Projected market share 2024 Projected market share 2024 12% 30.9m 5.9m 23% US sports betting: the road to 2030 November 2018 6% 15