When it comes to gambling laws, many states in the US are in the ‘grey area.’ However, some progressive states allow legal online gambling and sports betting, which now benefit the players and industry stakeholders.
As of January 2022, 30 states allow legal sports betting, including 18 that permit online sports wagering. As a result, millions of Americans now have access to legal wagering from their residences.
But South Dakota isn’t part of this growing list, or not just yet. The Mount Rushmore state prohibits online gambling except pari-mutuel wagering on horse racing platforms such as TwinSpires and TVG. Online sports betting is also not allowed, except through Deadwood casinos that went live in September 2021.
Under the existing Gaming Regulations and Statutory Requirements of South Dakota, only casinos in the city of Deadwood can offer land-based sports wagering. However, the casinos’ operations align with the state legislation enacted in March 2021, after a successful vote in November 2020. In addition, casinos within the city of Deadwood may offer mobile wagering only within their premises.
Is Bitcoin and Crypto Betting Legal in South Dakota State?
With the approval of the gambling legislation, the state, particularly the city of Deadwood, now benefits from the industry. From July 2020 to June 2021, the Deadwood gambling industry brought in roughly $126 million in revenue, reflecting a 20% increase from the previous year.
In addition to the prospects of the expansion of legalized gambling, casino players in South Dakota see the use case of Bitcoin and other cryptos for online gambling. Compared to traditional payment casino methods like debit and credit cards, bank transfers, and e-wallets, using Bitcoin and cryptos are primarily anonymous, and transactions are cheap and fast. Although decentralized, Bitcoin and crypto payments are still transparent thanks to using a public ledger for record-keeping. This ledger keeps participants’ identities anonymous, including their crypto balances.
Like in most states, the use of Bitcoin and cryptos for gambling aren’t covered by regulations. No specific laws prohibit players from using Bitcoin or altcoins when gambling online. Still, players should review the existing rules and compare crypto betting sites before signing up. Since it’s still unregulated, some Bitcoin gambling sites with questionable reputations may put players like you at a disadvantage.
Top Crypto Casinos in SD State
Bitcoin and crypto gambling has their pros and cons. As such, it’s best to play at a legit and reliable betting site. Our team guides players in the industry by comparing and listing the top crypto casinos in South Dakota.
Extensive Portfolio of More Than 5000 Games
Lucrative Bonuses and Promos
Highly Advanced Security System
Fast, Anonymous Registration
Veteran Casino Bookmaker
Rich Collection Of Casino Games
Lucrative Casino Bonuses and Promotions
Greate And Innovative Graphics And Casino Layout
All Games Are Developed By Leading Software Providers
TrustDice is a leading crypto casino that lets players who their passion for Bitcoin and other altcoins. This casino is one of our top-rated gambling sites, thanks to its exciting blend of great games, superb promotions, and the availability of a crypto faucet. Bettors can browse and play over 2,000 casino games, including slot machines, live casino titles, and even fair games. In addition, new bettors can collect up to 3 BTC as Welcome Bonus bonuses. Finally, we love the site’s use of a crypto faucet to reward regulars with free coins!
Bitcoin Penguin is one of the earliest operators of crypto casinos. Launched in 2014, this Softwiss-powered Bitcoin casino has video slots, table games, and video poker. And for its jackpot section, this casino boasts exciting titles such as American Ranger, Farm Ville, and Fortune Dreams. In addition, Bitcoin Penguin players can deposit and request payments using Bitcoin and other popular altcoins.
Andromeda Casino is an exciting Bitcoin and crypto betting platform with a space-age theme. It has no official owner or operator, but we can say that Andromeda Casino is legit. New players can collect a Welcome Bonus of $5,000 on the first five deposits with 250 free spins. Additionally, this site features a Crypto Welcome Pack or $100 extra if you deposit in cryptos, cashback, and daily booster.