The DraftKings Sportsbook in del Lago will replace the Vine Restaurant and Bar. This expanded area was created from the removal of 300 slot machines. Sports betting regulations in NY are expected to be approved on May 30. WATERLOO, N.Y. – Construction is underway in … Read more
IL HB 3308 has been amended to include wagering at professional sports venues like Wrigley Field and United Center. The legislation calls for an “integrity fee” of 0.25% of total handle. The bill also requires bookmakers to use “official league data.” SPRINGFIELD, Ill. – Illinois … Read more
The Wire Act of 1961 was originally written into law to cripple mob organizations from running crooked sportsbooks. Earlier this year, the Wire Act was reinterpreted to include all interstate gambling – not just sports betting. The new Wire Act opinion is not enforceable by … Read more
The Meadowlands is responsible for more than half of the year’s tax contributions. The three skins for Resorts Casino have led the online sports betting handle. Over $1.16 billion has been wagered in New Jersey since January 1. ATLANTIC CITY, N.J. – The New Jersey … Read more
Caesars will play host to a new ESPN studio inside of the LINQ Hotel. Financial terms of the deal were not released but both stocks increased upon the release of the news. Caesars is also partnered with Turner Broadcasting for a Bleacher Report studio. LAS … Read more
Online betting could give Pennsylvania the biggest sports wagering market in the US. Even if the state doesn’t challenge Nevada for total handle, PA should generate more sports betting tax revenue. HARRISBURG, Pa. – With online betting launching in the Keystone State, Pennsylvania could become … Read more
Sports betting revenue in New York could exceed $1 billion with mobile wagering. Annual revenue is projected to drop to $300 million should mobile betting no be approved. Governor Cuomo and legislators are unsure if a constitutional change is needed to add mobile wagering. ALBANY, … Read more
HB 1260 is the last sports betting bill standing in the Illinois legislature. Amendment 1 comes with $10 million in licensing fees for brick-and-mortar and online betting. Amendment 2 would charge even higher rates but limit retail licenses and online licenses statewide. SPRINGFIELD, Ill. – … Read more
A report stated that Rhode Island will only make $2.3 million from sports betting this year. The original estimate from Governor Gina Raimondo was about $24 million. The lawsuit over mobile sports betting could further impact revenue projections. PROVIDENCE, R.I. – Rhode Island is expecting … Read more
New Hampshire does not have any casinos operating within the state’s borders. N.H. Senator Lou D’Allesandro has been trying to authorize casinos in the state since 1999. NH HB 480 will now go to a full Senate vote where it will be amended. CONCORD, N.H. … Read more
Genius Sports outbid Perform Group to secure the partnership with Football DataCo. Financial terms of the deal were not released to the public. It is estimated that 47% of all online sports betting revenue derives from soccer wagers. NEW YORK – Genius Sports Group has … Read more
Mississippi expects the lottery to launch in December. Lotto President Thomas Shaheen has years of experience with start-up lotteries in the US. Between sports betting and the lotto, MS could see tax revenues of $130-160 million annually. JACKSON, Miss. – The last 12 months have … Read more