Legalizing Sports Betting Would Solve The “Single Greatest Threat” of Kentucky

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Kentucky is $39 billion short for paying pensions over the next 30 years. The state could generate $48 million a year from legalizing sports betting. The bill to permit sports betting was approved in Committee this month. Kentucky legislators unanimously approved House Bill 175 in the … Read more

Connecticut Public Hearing Opens A Major Debate On Sports Betting Exclusivity Rights

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Connecticut has two bills in the Public Safety and Security Committee discussing sports betting. Legalizing sports betting in Connecticut could bring in over $15 million in tax revenue. The state’s current tribal compact gives the two tribal casinos exclusive gaming rights. HARTFORD, Conn. – After … Read more

Monumental Sports To Make A Monumental Renovation Of Capital One Arena

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WASHINGTON – Phase II of the $50 million renovations to Capital One Arena was announced by Monumental Sports & Entertainment earlier this week. Monumental Sports, who owns the venue, released their plans for the privately funded $15 million addition which includes adding a new scoreboard, … Read more

Caesars And DraftKings Agree To Multi-Year Sports Betting Deal

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DraftKings and Caesars Entertainment agreed to a multi-state, multi-year partnership yesterday which would allow for DraftKings to tap into Caesars’ gambling market. According to a press release from Caesars, the deal includes the ability for DraftKings to operate the online and mobile gambling platforms in states … Read more

Sports Betting In Virginia Inches Closer To A Reality As Bill Passes Through Legislature

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After many readings and amendments, Virginia legislators agreed upon Senate Bill 1126 on Saturday, which is the first step in allowing legal sports betting in the state. The bill was approved in the Senate by a vote of 30-10. It still requires the signature of approval … Read more

Tax It All: Minnesota’s Approach To Legalizing Sports Betting

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Last week, Minnesota legislators, led by Representative Pat Garofalo (R- Farmington), filed the bill that would legalize sports betting in Minnesota. MN HF 1278, or the “Safe and Regulated Sports Gambling Act of 2019”, has everything that other states’ bills have, but with one major difference … Read more

MLS Will Be “Aggressive As Any Other League” Regarding Sports Betting

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The MLS will soon join the ranks of the other professional sports leagues that have partnerships with gaming companies. In an interview with Sports Illustrated on Tuesday, MLS Commissioner, Don Garber, spoke on the how the MLS will adjust to sports gambling legislation. The partnerships … Read more