Following Luiz Inácio Lula da Silva’s election victory, Brazil began spending on social programs and are looking to tax online sports gambling to recoup these losses. Early reports estimate that the move to legalize and regulate online sports betting would net between two and six … Read more
House Bill 1027 was passed by the Committee on Appropriations and Budget this Thursday. The bill is reportedly “broadly written” to allow for flexibility and boost its chances of passing. Tribes would be allowed to either partner with existing casino and sportsbook operators or make … Read more
Sports betting bills are gaining traction in Georgia, Minnesota, Missouri, Kentucky, and even Texas. New York and Massachusetts are each deliberating restrictions on advertisements and affiliate marketing, respectively. WASHINGTON – This week in sports betting saw a myriad of important developments, mainly in terms of … Read more
On Wednesday hearings were heard in the Missouri legislature revolving around several sports betting bills. VLT’s are among the most controversial topics surrounding the bills, backed heavily by “obstructionist” Senator Denny Hoskins who grinded talks last year to a halt with a filibuster. Sports franchises … Read more
After a seven-month wait following the signing of a bill regulating sports betting, Massachusetts is ready to open online markets to many hungry bettors. Seven of the most well-known and renowned sportsbook app operators have already been granted licenses and are ready to launch on … Read more
South Dakota lawmakers killed House Joint Resolution 5006, which attempted to legalize mobile sports betting. The decision prevents voters from approving mobile sports betting on the 2024 ballot. Retail sports betting is legal in South Dakota on premises of casinos across the state. PIERRE, S.D. … Read more
A federal court has shut down Maverick Gaming’s challenge that would expand sports betting in Washington state while removing alleged “tribal monopolies”. The decision was hailed as a huge win for tribal sovereignty but also was criticized as allowing for discriminatory monopolies. Because involved tribes … Read more
Ohio’s regulated sports betting industry launched in January. The Ohio Casino Control Commission has barred betting on the XFL but has yet to issue a reason for doing so. The Commission has published criteria for what they deem as an acceptable betting event, which may … Read more
DraftKings and BetMGM both released statements alerting customers of data breaches. Both state-based legal sports betting sites admitted to private information such as credit card numbers, addresses, and player names getting released. BOSTON – According to both DraftKings and BetMGM, the two popular state-regulated sports … Read more
J. Todd Rutherford proposed a bill that would legalize online sports betting, casinos, and Parimutuel betting for South Carolina in 2023. This proposal talks about skill based and non-skill based casino games, with SC having the chance to become the seventh state to legalize online … Read more
MaximBet shutdown just a few days after FuboTV announced their ceasing of operations. Cannibalization of sportsbooks may continue as sportsbooks struggle and customers lodge complaints. INDIANAPOLIS – Last week, MaximBet released a statement ceasing operations as a legal US sportsbook. Players will have to rely … Read more
Yasiel Puig could face up to five years in federal prison after lying to federal agents about his past sports betting. Both bookies and the operator of the unlicensed sportsbook have plead guilty to felony chargers as well. NEW YORK – On one count of … Read more