Andy Faust 
Sports betting legislation has so far largely favored commercial casinos over tribal operators. New Mexico’s Tamaya Nation used an allowance in NM and federal law to implement legal sports wagering on their casino grounds. It is possible that other Indian nations could use this same … Read more
Sen. Mark Hass has amended HB 3389 to bar mobile sports betting in the state. HB 3389 is a lottery privacy measure otherwise unrelated to sports wagering. The bill is not expected to pass. SALEM, Ore. – Sports betting is already technically legal in Oregon, … Read more
The Wire Act has been ruled to apply strictly to sports betting, pending appeal. This ruling allows gamblers and gaming operators the economic benefit of shared liquidity. Shared liquidity would help reduce the cost and risks associated with sports betting. LAS VEGAS – Last week, … Read more
HB 1275 would tax each wager at a rate of 6.25 percent. Texas would have an effective sports betting tax of nearly three times what Pennsylvania collects. With a 36% tax on revenue, PA currently has the highest rate of sportsbook taxation on earth. AUSTIN, … Read more
The Belmont Stakes track conditions should be relatively fast on Saturday. Rain is not expected to be an issue this weekend in Elmont, NY. A dry track favors most horses, but “mudders” prefer a sloppier surface. ELMONT, N.Y. – Though there will be no Triple … Read more
The current DraftKings app may not be compliant with the Interstate Wire Act. DraftKings will have to move its “wallet server” from New Jersey to West Virginia. The necessary delay should take only a few weeks. CHARLESTON, W.V. –West Virginia’s rollout of mobile sports betting … Read more
Tacitus is the Belmont Stakes pre-race favorite at 9/5 odds. War of Will is the only horse this year to start all three Triple Crown races. Master Fencer could become the first Japanese horse to win The Test of the Champion. NEW YORK – Before … Read more
The Oregon Lottery will offer sports wagering via an exclusive partnership with SBTech Malta, Ltd. SBTech has been accused by competitors of operating illegally in several countries, including Turkey and Iran. Online sports betting should be live in OR well ahead of football season. SALEM, … Read more
SB 690 legalizes new casinos, gambling in airports, and sports betting statewide. Online sports betting requires a $20 million licensing fee. Popular online operators like DraftKings, FanDuel, William Hill, and others are locked out of the IL market for 18 months. SPRINGFIELD, Ill. – It’s … Read more
PropSwap is the first secondary market for US sports betting. If you want to cash out early for a guaranteed profit, PropSwap lets you sell your active wager. PropSwap currently accepts buyers from 12 US states. LAS VEGAS – With legal sports betting now a … Read more
In Nevada, bettors risk about $9.5 million per NBA Finals game. Depending on how long the series goes, the NBA Finals could see double-digit millions of dollars in wagers in each state. Nevada will make about $39,000 in tax revenue per game of the series. … Read more
Tacitus is the current favorite to with the 151st Belmont Stakes. Kentucky Derby winner Country House will not be competing, though Preakness winner War of Will is slated to run. The Belmont Stakes is scheduled for Saturday, June 8, at 6:50 p.m. (NBC, NBCSN). NEW … Read more