Tennessee became the first online-only sports betting state, as they do not have any casinos to link with currently. The state has approved the highest licensing fee of any legal sports betting state, at $750,000. Sportsbooks will be taxed at 20%, which will be used … 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
Under current Massachusetts gaming laws, MGM Resorts can only have one casino in the state. Last month, Wynn Resorts completed reputation-damaging “suitability” hearings for the Massachusetts Gaming Commission just to be able to retain its license. MA lawmakers are set to hold informational hearings on … 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
The Presque Isle Downs and Casino sportsbook will not launch on time. Owner Kevin O’Sullivan said more details will become available on June 12. The Pennsylvania Gaming Control Board does not know the reason for the delay. ERIE, Pa. – The Presque Isle Downs and … 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
Borgata was the first Atlantic City casino to accept a sports bet in June of last year. Borgata has the third-highest land-based sportsbook revenue of the ten licensed books in NJ. Level One will be located only steps away from Premier Nightclub. ATLANTIC CITY, N.J. … Read more
NH HB 480 would legalize the activity at retail locations as well as through mobile apps. The most recent amendment to the bill would set a cap of five mobile sports wagering operators in the state. NH Governor Chris Sununu included $10 million dollars to … Read more
Lawmakers are working out the details for ME LD 553. Lawmakers have not worked out the tax rate for sports betting. Bettors in Maine cannot wager on Maine-based college games. AUGUSTA, Maine – Lawmakers met on Monday to work out the details for sports betting. … Read more
Sports betting in Oregon will be regulated and provided by the state lottery. The PERS currently has a $27 billion unfunded pension liability. The State Lottery is working towards providing mobile sports betting in Oregon. SALEM, Ore. – Lawmakers may have found the perfect way … 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
If the bill passes, sports betting will be voted on through a parish-by-parish basis. Proceeds from Louisiana sports betting will go primarily to the state’s early education fund. Sports betting in Louisiana will be limited to the state’s casinos and horse racing tracks. BATON ROUGE, … Read more