“Congress could regulate sports gambling, but they haven’t done it, so states are free to establish their own laws,” Luchini said. “But there could be a risk of federal regulations at any time.”
The Oxford and Hollywood casinos, along with Scarborough Downs, Bangor Raceway and the state’s four off-track betting facilities (located in Sanford, Brunswick, Lewiston and Waterville) are best-positioned to handle sports betting in Maine, Marean said.
“They’re already set up, already regulated, and have laws they have to follow,” Marean said.
Bangor Raceway and the Hollywood Casino are both owned by Penn National Gaming, which has casinos and race tracks in 16 states and Ontario. Penn National has holdings in New Jersey, West Virginia and Mississippi – three states identified by industry experts as prepared to have legal sports betting within weeks.
Several other states, including Connecticut, Massachusetts and Rhode Island, could be in the legal sports betting game within three months – in time for the college and professional football seasons.