The Sportsbook at Hollywood Casino at Charles Town Races has taken in $82.7 million in wagers in nine months of operation. Just under $300,000 has been contributed to the state in tax revenue from Hollywood Casino’s Sportsbook. The betting action through June should propel the … Read more
Sports betting In Iowa was officially signed into law on May 13, 2019, when Iowa Governor Kim Reynolds approved IA SF 617. The Iowa Racing and Gaming Commission is in charge of establishing rules for Iowa sportsbooks to follow as well as approve any casino … Read more
Wagering on professional sports as well as out-of-state collegiate teams/events is permitted. In-state colleges or events being played inside New York state lines will be off limits. Officials believe New York sports betting could start as early as August or September. ALBANY – The New … Read more
Sen. Mark Hass has amended HB 3389 to bar mobile sports betting in the state. HB 3389 is a lottery privacy measure otherwise unrelated to sports wagering. The bill is not expected to pass. SALEM, Ore. – Sports betting is already technically legal in Oregon, … Read more
The total funds invested in Encore Boston Harbor has surpassed $2.5 billion. The casino will be able to pair with Miomni Gaming and BetBull through partnership deals. The three casinos in Massachusetts have agreed upon how sports betting should play out. BOSTON – The Encore … Read more
The Wire Act has been ruled to apply strictly to sports betting, pending appeal. This ruling allows gamblers and gaming operators the economic benefit of shared liquidity. Shared liquidity would help reduce the cost and risks associated with sports betting. LAS VEGAS – Last week, … Read more
HB 1275 would tax each wager at a rate of 6.25 percent. Texas would have an effective sports betting tax of nearly three times what Pennsylvania collects. With a 36% tax on revenue, PA currently has the highest rate of sportsbook taxation on earth. AUSTIN, … Read more
The Belmont Stakes track conditions should be relatively fast on Saturday. Rain is not expected to be an issue this weekend in Elmont, NY. A dry track favors most horses, but “mudders” prefer a sloppier surface. ELMONT, N.Y. – Though there will be no Triple … Read more
According to a 2012 study conducted by the National College Players Association and the Drexel University Sports Management Program, 82 percent of full scholarship athletes who live on campus and 90 percent of full scholarship athletes that live off campus live at or below the … Read more
Governor J.B Pritzker is expected to sign SB 690 into law this or next week. Stadiums with a sports betting license are granted a 5-block exclusivity zone. Two percent of sports betting revenue will be allocated to Cook County’s justice system. CHICAGO – As the … Read more
The current DraftKings app may not be compliant with the Interstate Wire Act. DraftKings will have to move its “wallet server” from New Jersey to West Virginia. The necessary delay should take only a few weeks. CHARLESTON, W.V. –West Virginia’s rollout of mobile sports betting … Read more
There are currently eight states with active sportsbooks and seven more states who may possibly launch sports betting operations this year. FanDuel was acquired by Paddy Power Betfair in July of 2018. William Hill plc., GVC Holdings, and Paddy Power Betfair all have online sports … Read more