Michigan Senate Bill 764, which creates a state tax deduction for sports betting losses, passed the Michigan House of Representatives on Tuesday. The bill would allow taxpayers to deduct any gambling losses reported on their federal tax return – it currently awaits Gov. Whitmer’s signature. … Read more
HB 29 – the sports betting bill that currently awaits Gov. Mark DeWine’s signature – will allow for betting on college sports, according to Matt Chuler of the Ohio Casino Control Commission. The statement silences questions about potential restrictions on college sports, which were based … Read more
Hard Rock International, owned by the Seminole Tribe of Florida, announced an agreement to acquire The Mirage Hotel and Casino fr om MGM International for $1.075 billion on Monday. The Seminole Tribe will become the first tribal operator on the Las Vegas Strip and just … Read more
According to a newly-released United Nations report, unregulated sports betting and corruption in the sporting world has been on the rise over the last two decades. According to the report, up to 80% of worldwide wagers are placed through unlicensed channels, turning in an estimated … Read more
The city of Chicago is set to discuss a potential new 2% tax on sports betting revenues in the city; this would bring the effective sports betting tax rate to 19%. While many see the tax as an attempt to appease Neil Bluhm – a … Read more
HB 29, a bill legalizing and regulating sports betting in Ohio, overwhelmingly passed both the Ohio Senate and Ohio House of Representatives on Wednesday. The bill now heads to Gov. Mark DeWine’s desk, where it is considered extremely likely to be signed into action, as … Read more
Delaware’s sports bettors have suffered a historically bad stretch, with sportsbooks reporting over a 10% hold in nine of the last 12 months – this includes a 14% hold in October. Both Delaware and Montana, the states with the two highest reported holds for October, … Read more
A report from Politico claims that the Seminole Tribe of Florida has been sabotaging signature-gathering efforts for multiple voter’s initiatives regarding sports betting and gaming. According to sources familiar with the matter, the tribe has been providing financial incentives for signature-gatherers to quit their role … Read more
MGM National Harbor will be the first Maryland sportsbook to launch, with a Thursday afternoon sportsbook opening. The Horseshoe Casino in downtown Baltimore plans to begin accepting bets at their new sportsbook this week. The launch will be preceded by a visit by the Maryland … Read more
Colossus Bets has files a patent infringement lawsuit against DraftKings. Seven patents related to cashing out of gaming apps are owned by Colossus Bets. DraftKings has been tied up in patent infringement lawsuits before. LAS VEGAS – DraftKings is once again on the receiving end … Read more
New York Senator Joe Addabbo filed New York Senate Bill S7536 on November 19, which would legalize mobile sports betting kiosks at affiliate locations throughout New York. The bill would also make New York just the second state in the United States to allow fixed-odds … Read more
Ulrich Mäurer plans to propose new rules that would ban all sports betting advertisements in Germany at the Conference of Federal States’ Interior Ministers in December. Google has pulled all sports betting advertisements from Florida after judge Dabney Friedrich ruled the updated Seminole Gaming Compact … Read more