by Giovanni Shorter | Jul 19, 2022 2:19 pm | Sports Betting
The Cleveland Browns became the second NFL team to apply for a betting license in Ohio. The Cincinnati Bengals were the first. The Browns are partnered with Bally’s interactive and the sportsbook will be through this partnership. A potential sportsbook at FirstEnergy...
by Giovanni Shorter | Jul 19, 2022 10:43 am | Regulatory
Vermont lawmakers discovered an underground illegal betting operation in the state during a sting operation. This lead to lawmakers considering a potential betting market in Vt. An estimated $2-$10 million could be gained from a regulated market in Vermont....
by Giovanni Shorter | Jul 18, 2022 1:52 pm | Regulatory
The Plenary of Congress has approved Peru’s the sports betting tax rate for the forthcoming market. Congress approved 12% on taxes for all regulated betting. The tax revenue will be divided amongst Public Treasury, the Peruvian Sports Institute (IPD), and the Ministry...
by Giovanni Shorter | Jul 14, 2022 2:27 pm | Sports Betting
The US Court of Appeals has given a timetable on the ongoing legal battle regarding the Florida gaming compact which allowed for sports betting. The timetable shows that things will not be settled until at least 2023. Florida cannot move to pass any sports betting...
by Giovanni Shorter | Jul 14, 2022 1:24 pm | Revenue
Ohio sports betting revenue will now be used to aid local veterans with the creation of the Ohio Sports Gaming Profit Veterans Fund. This will see an estimated $70,000 per year to aid the Ohio Veterans Homes in the Buckeye State. The funds will be distributed by the...