As known from:
The SunFootball365Sportskeeda
Alerts
Latest Deals
Write a Review
Write a Review
Nothing Found
About betting.net
  • Betting.net on YouTube
  • About betting.net
  • The betting.net Crew
  • How We Rate
  • Play Responsibly
  • Contact us
  • Writers Wanted
  • Content Disclaimer
  • Affiliate Disclosure
Contains commercial content
Alerts
Latest Deals
Write a Review
Write a Review
Nothing Found
About betting.net
  • Betting.net on YouTube
  • About betting.net
  • The betting.net Crew
  • How We Rate
  • Play Responsibly
  • Contact us
  • Writers Wanted
  • Content Disclaimer
  • Affiliate Disclosure
Betting.net / News / Mobile Sports Betting Launches In Arkansas

Mobile Sports Betting Launches In Arkansas

Publish Date: March 10, 2022
Fact checked by: Jesse M Cox

The Arkansas state joint budget committee approved rules that allow the state’s retail sports betting operators to begin offering the convenience of online wagering. On March 4th, Southland Casino launched Betly, the state’s first online sportsbook. 

Mobile Sports Betting Launches In Arkansas

Arkansas sports betting expands online

Arkansas approved legal sports betting in November of 2018, with casinos beginning to take sports wagers at retail brick and mortar establishments beginning in July of 2019. The state has now taken another step forward, allowing bettors to place their wagers online from anywhere in the state. The final rules governing online sports betting in Arkansas were approved and took effect on March 4th. Southland Casino has already launched its online platform, Betly, with more of the state’s operators expecting to launch mobile apps and websites in the coming weeks and months.

The move comes just in time for the NCAA Tournament. March Madness is a major betting event for fans everywhere, and with the Razorbacks projected for a #4 seed in this year’s tournament it will create additional excitement for Arkansas fans rooting for them to make a deep run. The additional flexibility provided by online wagers will make it easier and more convenient for bettors to get in on the action – hopefully, with a raft of new online bookmakers to choose from very soon.

A unique provision in the rules

The final governing rules allow current operators to run up to two online sports betting platforms and gives them the freedom to either create their own mobile solution or partner with an existing national operator to utilize theirs. Unlike laws in any other state, however, provisions in the Arkansas legislation dictate how revenue must be shared between the partner platform and the land-based casino. The rules mandate that the land-based operators receive 51% of the revenue generated by online wagers. Laws in other states allow the revenue split to be negotiated privately between the two parties, and in the majority of these cases, national online operators receive somewhere between 85% and 95% of the online betting revenue.

This enforced revenue split has prevented major online sports betting sites such as DraftKings, FanDuel, and BetMGM from pursuing partnerships with Arkansas casinos. Without the existing technology used by the major national platforms, casinos in Arkansas are left to create their own. This is the cause for the slow adaptation. Southland Casino’s Betly platform is browser-based as of now, with a more robust mobile app still in development. Other casinos are still in the development stage of their technology solution, after waiting to ensure the measure would be approved before investing in development.

Arkansas tax revenue expected to grow

Sports wagers in land-based casinos generated $1.2 million in tax revenue for the state in 2021. Since its inception, bettors have placed more than $122.5 million in wagers at land-based casinos, generating more than $2.1 million in tax revenue during the life of the program. With the ability for bettors to place their wagers online, tax revenue is expected to at least triple for 2022. This will have a positive impact on both state and local economies, as a portion of the revenue is distributed amongst county and city governments.

At this stage in their legal sports betting, Arkansas casinos sport one of the highest win rates among states where sports betting is legalized. Their 12.72% win rate ranks fifth out of the current legal states. With the expectation of both large volume increases as well as an influx of more casual bettors due to the increased flexibility provided by online wagering, Arkansas is in a position to reap significant financial benefits for the state as the popularity of sports betting continues to grow.

The increased tax revenue is good for all state residents, and the convenience of online wagering and competition among sportsbooks is good for bettors. While bettors will not be able to use the cutting edge technology developed by the large online operators, Arkansas casinos will have a larger profit expectation that should allow for ample investment into their own platforms. The end result will be a unique marketplace with a variety of options for sports betting enthusiasts all over the state. Be sure to keep up to date with Betting.net for the latest legal gaming news!

Looking for the best sportsbooks for December?

SI Sportsbook
1.
97/100
Rating
Credit Card
Virginia (US) Lottery Board
BET $20 GET $200 IN FREE BETS
SI Sportsbook Sports Bonus
BET $20 GET $200 IN FREE BETS
SI Sportsbook Review
***** Visit Site
T&Cs apply, 21+
Highlights
  • Awesome $50 bonus for new bettors
  • Lots of cool odds boosts are available
  • Top odds on all major sports
BetRivers.com
2.
95/100
Rating
Credit Card
Virginia (US) Lottery Board
100% up to
$500
BetRivers.com Sports Bonus
100% up to $500
BetRivers.com Review
***** Visit Site
T&Cs apply, 21+
Highlights
  • Excellent range of sports
  • Mobile app available
  • Live betting is possible
BetMGM
3.
94/100
Rating
Credit Card
Virginia (US) Lottery Board
100% up to
$1000
BetMGM Sports Bonus
100% up to $1000
BetMGM Review
***** Visit Site
T&Cs apply, 21+
Highlights
  • Massive range of betting markets
  • Plenty of different wager choices
  • Live match tracker and data available
DraftKings
4.
92/100
Rating
Credit Card
Virginia (US) Lottery Board
20% up to
$1000
DraftKings Sports Bonus
20% up to $1000
DraftKings Review
***** Visit Site
T&Cs apply, 21+
Highlights
  • Over 18 sports to choose from
  • Great live betting options
  • Available in many states
FanDuel
5.
90/100
Rating
Credit Card
Virginia (US) Lottery Board
FanDuel Sports Bonus
FanDuel Review
***** Visit Site
T&Cs apply, 21+
Highlights
  • Huge range of games to bet on; both real and fantasy!
  • Guides to help you responsibly bet
  • Competitive odds compared to other betting sites
Read Also
Massachusetts Gambling Council meet to discuss way forward on MA legislation
The Massachusetts Gambling Council (MGC) met on Thursday 20th October 2022 to ...
Vermont Underground Illegal Sports Betting Being Investigated
Unlike many other states, Vermont has still outlawed sports betting. This issue ...
SI Sportsbook Promo
Minnesota Sports Betting Bill Clears House Committee
In spite of various opponents, Minnesota HB 778 was approved by the ...
March Madness 2022 – Betting Predictions and Tips
The NCAA basketball tournament is right around the corner, and today we ...
Mobile Sports Betting Could be Coming to Arkansas Just in Time for March Madness
Players in Arkansas have been limited to just retail betting for the ...
Sportsbook of the month
SI Sportsbook - Get your Free Bet now! Get your Free Bet now!
Latest News
Introducing 3 best crypto casinos with proven fair games
Over 4% of all gambling endeavors in the ...
World Cup Knockout round: USA vs Netherlands: Odds, Tips, and Predictions 12/...
USA vs Netherlands: How To Watch Date: Saturday, ...
Macau issues casino licenses to MGM, Sands, and Wynn
The government of Macau announced Saturday that it ...
Entain Approved for 5 German Licences & First Poker License
Entain has had five licenses approved in Germany ...
Esports Regulatory Discussions to Come Into the Light
The popularity of esports has grown exponentially over ...
Top Betting Sites
Top Betting Bonuses
SI Sportsbook
SI Sportsbook
SI Sportsbook Review
97/100
BetRivers.com
BetRivers.com
BetRivers.com Review
95/100
BetMGM
BetMGM
BetMGM Review
94/100
DraftKings
DraftKings
DraftKings Review
92/100
FanDuel
FanDuel
FanDuel Review
90/100
SI Sportsbook
SI Sportsbook Bonus
BET $20 GET $200 IN FREE BETS
T&Cs apply
9.7/10
First deposit only | 21+ & located in CO, MI, VA | Promo code EXTRA200| A qualifying bet is $20 or more | Min odds of +120 or more | Free Bet Tokens credited after bet is settled and expire after 7 days | Free Bet stakes not included in winnings | Please Gamble Responsibly - Gambling Problem? VA: CALL 1-888-532-3500, CO: CALL 1-800-522-4700, MI: CALL 1-800-270-7117 | Full T&C apply
BetRivers.com
BetRivers.com Bonus
100% up to $500
T&Cs apply
9.5/10
BetMGM
BetMGM Bonus
100% up to $1000
T&Cs apply
9.4/10
DraftKings
DraftKings Bonus
20% up to $1000
T&Cs apply
9.2/10
WynnBET
WynnBET Bonus
Bet $100 Get $100
T&Cs apply
9/10
Get the latest updates in Sports and Casino via our Newsletter
Poker & Bingo

Full coverage of poker and bingo, from reviews of providers to guides and much more besides!

Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.

This site is using Cloudflare and adheres to the Google Safe Browsing Program. We adapted Google's Privacy Guidelines to keep your data safe at all times.

ccwww
Move to Top
Close
Our Sports Pros recommend these awesome sports betting sites this week:
×
Your Bonus Code:
The bonus offer of was already opened in an additional window. If not, you can open it also by clicking the following link:
Visit Site