There has been a new initiative from the government of West Virginia. It spoke out in favour of a new law that is set to make eSports prediction business legitimate in the area. The freshly prepared amendment bill was first presented to the public a week before, and it is set to expand and aid the development of the local market.
Basics of the Bill
The new regulations will enhance the betting industry of the jurisdiction and greenlight this activity for locals. Now, they will be able to wager specifically on eSports events. As the document suggests, such events are classified as digital contests that are held between two teams for the viewers.
Some of the high-ranking officials of West Virginia are behind the bill, as they continuously voice their encouragement of it. They are also actively supporting the document financially.
Recently, the bill was offered for the consideration of the state’s official committee, and the executives that suggested it are awaiting further actions.
Business on the Territory
In this state, a law about the legalisation of wagering activities was passed earlier than in most states of the US. It officially launched four years earlier and was eventually accompanied by many other territories.
Nowadays, online betting is official in the state, along with its land-based equivalent. Gamblers can bet on professional and semi-professional contests held between qualified teams.
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