The losses keep adding up for Bovada Sportsbook.
Just a week after exiting West Virginia, Bovada announced that it is also restricting customers in Washington, D.C., and Connecticut. The decision to exit both markets means that Bovada is now restricted in 10 states, though that number has been rising fast.
Bovada’s issues in the US have been caused by several states sending them cease-and-desist letters demanding they exit the market. While the states cannot legally retaliate against Bovada, the US government can. The possibility of that legal battle has driven the offshore sportsbook to comply with the demands.
While Connecticut had confirmed they sent Bovada a letter back in June, there is no record of DC doing so. If a letter wasn’t sent, it would be the first time the offshore bookmaker exited a market without the threat of legal action.
The exit from both markets means that Bovada Sportsbook is now restricted in the following states:
Colorado
Connecticut
Delaware
Maryland
Michigan
New Jersey
New York
Nevada
Washington, D.C.
West Virginia
The latest round of restrictions means more legal threats are likely on the way for Bovada.
It all started with Michigan sending a cease-and-desist letter to Bovada in May, demanding they exit the market within two weeks. The move drew national attention as people waited to see how Bovada would react. The operator quietly exited the market within two weeks, complying with the state’s demand.
Since deciding to restrict its sportsbook in Michigan, Bovada has seen a quick increase in similar letters from other states. Regulators across the country have been pushing to close offshore books to protect consumers and revenue. With Bovada not fighting requests to exit, a flurry of other states have followed Michigan’s lead.
We expect the latest round of closures to lead to even more cease-and-desist letters from other states. That will be especially true if it turns out D.C. did not send an official letter threatening legal action.
Bovada could still decide to draw a line in the sand and force states to call on the federal government to take action. If they don’t, we may see a full exit from the US sports betting market for Bovada.
Bovada Exits Arizona Sports Betting Market After Legal Threats
6 hours ago | Michael SavioWyoming Lawmaker Confirms Online Casino Bill Coming in 2025
1 day ago | Michael SavioWyoming Sports Regulator Takes Aim at Athlete Harassment
1 week ago | Michael Savio
We support responsible gambling. Gambling can be addictive, please play responsibly. If you need help, call
1-800-Gambler.
WSN.com is managed by Gentoo Media. Unless declared otherwise, all of the visible content on this site, such
as texts and images, including the brand name and logo, belongs to Innovation Labs Limited (a Gentoo Media
company) - Company Registration Number C44130, VAT ID: MT18874732, @GIG Beach Triq id-Dragunara, St.
Julians, STJ3148, Malta.
Advertising Disclosure: WSN.com contains links to partner websites. When a visitor to our website clicks on
one of these links and makes a purchase at a partner site, World Sports Network is paid a commission.
Copyright © 2024