Despite failed attempts from lawmakers in the past, sports betting is coming to the state of Wisconsin. On Thursday, the Oneida Nation and Governor Tony Evers agreed to a new gaming compact that includes sports betting.
The Oneida Casino in Green Bay will be the only property eligible to offer sports betting, and event wagering was also included in this deal. This new gaming compact now heads to the U.S. Department of Interior for review and approval.
Most in the sports betting industry believed that Wisconsin was not going to approve sports betting anytime soon, but Evers took this out of the hands of lawmakers. This could open the doors for other gaming compacts to be amended, but the Oneida Nation will be the first to offer sports betting.
In the press release, Evers stated:
“The Oneida Casino is a critical source of revenue and employment for Oneida Nation, and this expansion will bring new opportunities for employment and revenue growth to the tribe.”
It was the Oneida Nation that signed the first gaming compact with the state of Wisconsin back in 1991.
Not only will professional sporting games be offered as a part of this compact, but professional sporting events can be wagered on as well. This includes events such as the NFL Draft, a popular betting market in the United States.
The Oneida Nation can also offer betting on entertainment awards shows, but there are some restrictions to this new compact as well. All collegiate events featuring teams from the state of Wisconsin will be off-limits, a stance that is also taken by the state of Illinois.
Wisconsin residents have been forced to cross state lines into either Illinois, Iowa, or Michigan to place a bet on sports, but this will give residents of the state a new option. With this casino being located in Green Bay, the Packers are expected to be the most popular team to bet on in Wisconsin.
Oneida Main Casino Building Sportsbook
The Oneida Main Casino already has a sports bar on-site, and that is where the new retail sportsbook will be built, according to general manager Louise Cornelius. Cornelius stated:
“We anticipate sports wagering will bring new customers who have an interest in legal sports wagering and will offer new gaming opportunities to our existing customers.”
While construction on the permanent sportsbook is being completed, a temporary retail location will be established. More plans are expected to be announced in the coming weeks, but the plan is to have sports betting in place before the start of the 2021 NFL season.
Not only will a retail sportsbook be built, but sports betting kiosks will also be established on-site. Mobile wagering will be available, but all of the betting must be done on Oneida Nation property.
The Wisconsin Department of Administration’s Office of Indian Gaming and Regulatory Compliance is expected to become the regulatory body over sports betting. This group will complete audit checks on the retail sportsbook to ensure that all of the rules of the compact are being followed.