History was made this past week when sports gambling became legalized after the Federal ruling on Monday morning. While it has now been made legal in the United States, as of right now there are only 20 states that are on board with this ruling, that number is expected to grow however in the coming years.
Here is what you need to know about the legalization of gambling for those of you living in the state of Alabama:
- Alabama has three Indian casinos that offer Class II video gaming machines
- These gaming devices look like slot machines, but are actually bingo games and the spinning reels are for “entertainment purposes only.”
- No public information is available concerning the payback percentages on any gaming machines in the state of Alabama
- The minimum gambling age wis 21 and all casinos will be open 24 hours.
For a state like Alabama that has fallen on difficult financial times, legalized gambling is something that the state needs. Alabama was the No.1 state in the country when it came to illegal sports betting per capita. During the Super Bowl alone, there were $12 billion dollars placed in bets. During the college football seasons between the University of Alabama and University of Auburn, the state could see some serious cash flow during the months from August to January. 52 percent of adults in Mobile, Alabama are placing bets in Mississippi, so if people are going to spend the money either way, Alabama may as well legalize it so that they can benefit from the cash flow that their neighboring states are taking from them.