Andy Faust 
Three major commercial MA casinos have submitted a joint sports betting proposal to the state. The proposal would give casinos and DFS operators exclusivity to offer sports betting products. Sports betting would be taxed at a “single-digit” rate. SPRINGFIELD, Mass. – Massachusetts gaming operators submitted … Read more
Nasdaq is using its Longitude trading tech to handle live wagers for the Hong Kong Jockey Club. The company says sports betting and stock trading are based on the same fundamental concepts. The US has long treated stock trading as legally exempt from anti-gambling laws. … Read more
The 30-second ad aired for less than a day before being voluntarily pulled. BetIllinois made the ad, which was backed by both DFS operators. The removal of the ad signifies that discussions are now underway in earnest. SPRINGFIELD, Ill. – Yesterday, FanDuel and DraftKings released … Read more
Daily fantasy sports generated revenues of $22.5 million during the past 12 months. The state took $3.4 million in taxes on DFS action. PA taxes DFS operators at 15% of revenue. HARRISBURG, Pa. – It is the one-year anniversary of the legalization of daily fantasy … Read more
DraftKings is slated to take its online betting product live within weeks. The Hollywood Casino at Charles Town Races has partnered with DraftKings for statewide mobile betting. With mobile wagering, WV should be able to at least double its current handle and revenue numbers. CHARLESTON, … Read more
80% of sports betting in New Jersey takes place over the Internet. Having a retail location is still viewed as game-changing in the grand scheme. For operators, there are numerous benefits to having physical venues alongside online betting services. ATLANTIC CITY, N.J. – When it … Read more
Sen. Joseph Addabbo wants to legalize online betting for NY’s four upstate commercial casinos. The New York Gaming Association does not support Addabbo’s bill, SB 17. The New York legislative session ends in less than a month. NEW YORK – Sports betting is already legal … Read more
Disney now owns a stake in DraftKings, a major sportsbook and DFS operator. ESPN would be a logical beneficiary of the acquisition. Disney has not yet publicly commented on its investment in DraftKings. BURBANK, Calif. – Early on in the discussion of legalizing sports betting … Read more
Gary West has offered $5 million apiece to any of four horses that can beat Maximum Security in a race. The wager applies only to the owners of Country House, War of Will, Long Range Toddy, and Bodexpress. West has pledged all of his potential … Read more
Ohio sports betting could be legal before the end of 2019. OH HB 194 would allow casinos, racinos, veteran’s halls, and fraternal organizations to host sports betting. There is no mobile betting allowance in the bill. COLUMBUS, Ohio – Ohio sports betting is inching closer … Read more
Rhode Island sports betting returned to profitability in March. New projections suggest that RI’s tax revenue budget is not far off the mark. Rhode Island expects to generate $30 million from sports wagering in FY 2019-2020. PROVIDENCE, R.I. – Rhode Island Gov. Gina Raimondo (D) … Read more
You won’t see cartoon sportsbook mascots or wagering ads during kids’ shows. The agreement is voluntary, though legislators could advance the concept in future law proposals. NEW YORK – On Tuesday, US casinos and sportsbook operators agreed to abide by a set of sports betting … Read more