23 Jan 20242 min. read

Alabama to Consider Bill Legalizing Casinos, Lotteries, and Sports Betting

Alabama to Consider Bill Legalizing Casinos, Lotteries, and Sports Betting
Sam Smith
written and last updated by Sam Smith at 23 Jan 2024 Journalist, Editorial Department
Alabama lawmakers are set to convene on February 6 to discuss a comprehensive gambling bill that aims to legalize many popular forms of gambling and establish the Alabama Gaming Commission, a brand-new regulatory body.
Currently, the state constitution prohibits gambling, but there are 18 amendments that allow certain types of gambling in specific regions. These exceptions have long been a source of contention among officials, which serves as one of the arguments for creating unified legislation.
A study on the potential of Alabama's gaming industry, commissioned by Governor Kay Ivey in 2020, also highlights the benefits of legalizing gambling. The report indicated that annual casino revenue could reach between $300 million and $400 million. Lotteries could potentially generate $200 million to $300 million annually, while sports betting could bring in around $10 million.
According to local news outlet 1819 News, the bill proposes to repeal all 18 amendments in the state constitution. It also aims to intensify efforts against illegal gambling, including increased penalties.
Under the proposed legislation, Class III establishments will be permitted to offer slot machines and table games, but this business opportunity will be restricted to certain areas, including federally recognized tribal lands.
As for iGaming, most online gambling activities will remain prohibited, with sports betting being the notable exception. Officials emphasize that gambling will not be legalized without the involvement of local voters. The bill will require not only a majority vote in both legislative chambers but also a successful outcome in a referendum.
In related news, operator FDJ is planning to acquire Kindred Group for $2.6 billion.

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