Casino Laws in Nebraska Are About to Expand

Casino Roulette Table

The state of Nebraska is known for having some strict laws towards the gambling industry. Interestingly, things are beginning to change here. With approval from the majority of state residents, casino laws in Nebraska are finally set to expand.

It’s exciting news for gambling fans here. Not everyone is excited to see things change, though. Today, we’re going to take a look at how casino laws will be expanding in the state.

Let’s get into it!

US Casino Companies Face Biggest Difficulties to Date

Prior to 2020, the US had one of the most successful casino industries in the world. Many states had either tribal casinos, commercial casinos, or even both operating. Unfortunately, this industry is now facing its toughest test to date.

For months, all of the country’s casinos were completely shut down. Different states then began setting regulations for these gambling venues to reopen. Today, nearly all of the casinos around the country are accepting guests again.

This industry still has a long road to recovery, though. Revenue figures remain significantly lower than they were in 2019. We’re also seeing major spikes in Covid-19 cases around the country. This had led some major casino companies to change their venue’s operating hours.

More of these companies are now changing their focus. Many are beginning to offer more online gambling options to players. Some are also working hard to cut down on rates in order to bring more visitors into their hotels.

Gambling revenue figures around the country are extremely low right now. Some believe the upcoming winter months will make things even worse. Sports betting revenue is helping to make up for some of this lost revenue, yet it’s not enough to completely turn this situation around.

It’s an unprecedented situation for the casino industry. Gaming companies have never been forced to deal with the kind of regulations set in place right now. Interestingly, one state has just decided to expand its casino laws.

Voters Approve Measure to Expand Casino Laws in Nebraska

Lawmakers in the state of Nebraska have been considering expanding gambling laws for years. Nebraska is known for having very strict laws towards the gaming industry. Many, however, feel that expanding regulations here will help to bring the state valuable revenue each month.

Not long ago, news broke that several measures to finally expand the casino laws in Nebraska would appear on November 3rd’s ballot. Many were torn on whether or not the state would approve these measures. As we mentioned earlier, there are many here that have been vocal against allowing casino gambling in the state.

It’s now been confirmed these have all been approved. Initiative 429, 430, and 431 have all been approved. It’s the biggest change to the gambling laws here ever made. Below is a description of these measures.

Initiative 429: Allows casino table games to appear inside race tracks in Nebraska. This would amend the state constitution to state that laws may be enacted to provide for the authorization, regulation and taxation of all forms of games of chance to be conducted by licensees within licensed racetrack enclosures in Nebraska.

Initiative 430: This allows games of chance to be offered at state race tracks. It also establishes a Nebraska Gaming Commission to license and regulate these gambling activities. 

Initiative 431: Imposes a 20% annual tax rate on all gross gaming revenue from games of chance. Also sets rules on how this tax money is distributed to the state. 

These have all been approved. It’s an exciting time for gambling proponents here. We’ll continue offering updates on this situation over the next few weeks.

When Will Nebraska Legalize Sports Betting?

It’s incredible to see casino laws in Nebraska finally change. It seemed like this state would never choose to expand its gaming regulations. Many are now asking questions about when Nebraska will choose to legalize sports gambling.

It’s still not entirely clear which games will be allowed inside race tracks. Some feel that the passed initiatives allow for sports gambling. Others claim a completely new piece of legislature will need to be passed here in order for sports gambling to become available.

This seems more possible now than ever before. Lawmakers here are clearly seeing the benefits of regulated gambling industries. It wouldn’t be a surprise to see a new sports betting bill appear here sometime in the near future.

Many are now calling for online and land-based sports gambling to become available here. The states with online sports betting options are earning a huge amount of money from the industry. That includes New Jersey, which continues to see record-high sports betting handle figures.

It’s not clear when lawmakers will begin working on this. There are obviously more pressing matters at hand. Stay tuned for more information!

Are you surprised to see casino laws in Nebraska finally change? When do you expect sports betting to become available here? Let us know in the comments section below!

Nebraska’s Casino Industry May Soon Open Up

The state of Nebraska is known for having some of the strictest gambling laws in the country. Here, all commercial gambling venues are completely prohibited. Interestingly, a new measure has just been approved here that could help to finally expand Nebraska’s casino industry.Nebraska Casinos

Many feel that it’s time for this state to update its regulations towards the gambling industry. That’s particularly true now, at a time when the state is in serious need of revenue. Today, we’re going to look at how the state’s casino laws may change.

Let’s get into it!

Most States Have Now Reopened Their Casino Industries

For the past few years, the casino industry in the United States has been thriving. Several states quickly grew to become major gambling destinations. That includes several states in the midwest such as Ohio and Oklahoma.

This past March, things took a major turn. State leaders around the country began ordering their casinos to shut down as the global pandemic took hold. This proved to be devastating for states like New Jersey and Nevada.

As the weeks went on, officials in these states began to see that these regulations could not remain in place forever. Casinos employ a huge number of people around the country and are necessary for bringing states revenue. Finally, Nevada’s leaders announced that casinos would be allowed to open back up in June.

Other major casino destinations took notice. Eventually, news broke that New Jersey was set to allow its major casino-resorts to open their doors in July. We’re now in September, and almost every single state has decided to open its casino industry.

New York was the last state to allow its commercial casinos to reopen. This state was hit extremely hard by the pandemic early on. As a result, the state’s leaders have been very hesitant to allow crowded venues such as casinos to open their doors again. Fortunately, Governor Cuomo has confirmed that casinos here will reopen next week.

Many are now looking at whether or not it’s time for Nebraska to change its casino laws.

The Public Will Soon Vote On the Future Of Nebraska’s Casino Industry

As we said earlier, Nebraska is known for having an extremely tough set of gambling laws. Here, most traditional gambling venues are completely banned. Tribal casinos are allowed here, yet commercial casinos are illegal.

Many of the state’s lawmakers have complained that these regulations are outdated. Most states around the country now allow and are profiting massively off their casinos. This week, several gambling proponent groups have succeeded in getting a measure to allow casino gambling in state race tracks on November’s ballot.

Residents in the state will now have the opportunity to vote on whether or not to allow Class III casino games inside Nebraska’s race tracks. Omaha, Lincoln, South Sioux City, Columbus, Hastings and Grand Island all have tracks that could offer these casino games. Many analysts predict the measure will be approved by a wide margin.

Not everyone is pleased with this decision, though. Governor Pete Ricketts has condemned this decision and is calling on Nebraskans to push against this move.

“While I respect the judgment of the Court on the gambling initiatives, I urge Nebraskans to keep gambling out of the Good Life when they head to the polls in November,” he said. 

The supporters of this bill believe that opening Nebraska’s casino industry will help the state generate some much-needed revenue. Many residents here make the trip to neighboring states to gamble. Legal casinos would help to keep money inside Nebraska.

We’ll need to wait and see how state residents respond to this measure in November.

Sports Betting Could Soon Become Legal in Nebraska

Nebraska’s Supreme Court made a historic decision to allow a gambling measure to appear on November’s ballot. For the first time ever, commercially-run casinos may finally be allowed in the state. Interestingly, sports betting could finally come to this state, as well.

Back in May of 2018, the Supreme Court decided to strike down PASPA. Doing so gave every state in the country the ability to legalize and regulate sports gambling. 24 states around the country have already passed bills to allow sports gambling and most are seeing huge revenue jumps from this industry.

Nebraska’s casino industry may open up after November’s ballot. Many now feel that a measure to allow sports betting should appear on the ballot, as well. It will almost certainly help to bring the state a huge amount of money each year.

Sports betting revenue is up around the entire country. That’s particularly true in areas of the country that allow online sports gambling. Many states, even those with harsh laws towards casino gambling, are now choosing to allow this form of gambling.

It’s a very interesting time for the gambling industry in Nebraska. Things are clearly changing here. Stay tuned for more updates as November rolls around.

Are you excited to see Nebraska’s casino industry open up? Should sports betting be legal here? Let us know in the comments section below!