Representative Mike Zalewski plans to add amendments to IL HB 1260. Adding the amendments will be one of the final attempts to legalize sports betting. The Illinois legislative session ends on Friday, May 31. SPRINGFIELD, Ill. – Mike Zalewski plans on introducing amendments to a … Read more
Licensing fees include a $100,000 application fee as well as a $50,000 annual renewal. Sports betting revenue will be taxed at a rate of 9.5% and head to the state’s general fund. Licensed sportsbooks will be given the option to partner with three suppliers, or … Read more
In Nevada, bettors risk about $9.5 million per NBA Finals game. Depending on how long the series goes, the NBA Finals could see double-digit millions of dollars in wagers in each state. Nevada will make about $39,000 in tax revenue per game of the series. … Read more
Legislators want mobile sports betting in order to keep the gamblers’ money inside the state. Governor Cuomo keeps going back and forth with the process for online sports betting legalization. If all goes as planned, mobile sports betting in New York could launch by the … Read more
Tacitus is the current favorite to with the 151st Belmont Stakes. Kentucky Derby winner Country House will not be competing, though Preakness winner War of Will is slated to run. The Belmont Stakes is scheduled for Saturday, June 8, at 6:50 p.m. (NBC, NBCSN). NEW … Read more
The All American Sports Betting Summit will happen on June 18. The location of the summit will be in Monmouth Park. One of the major talking points for this summit will be about regulation. OCEANPORT, N.J. – The All American Sports Betting Summit (AASBS) will … Read more
LA SB 153 would legalize sports betting in Louisiana through a parish-by-parish vote. The amendments added in a House committee include the use of official league data and sports betting at video poker terminals. Committee members voted 14-6 to involuntarily defer the Louisiana sports betting … Read more
• Since their launch, Rhode Island sportsbooks have taken in almost $94 million in wagers. • The state has the lowest hold for 2019 (3.48%) of every legal sports betting state. • Twin River Casino has accounted for nearly 75% of the state’s yearly sports … Read more
A hearing on sports betting took place on Tuesday. College wagering was a major topic of discussion. Potential tax revenue was also discussed during the hearing. BOSTON – Massachusetts lawmakers discussed sports betting in a hearing on Tuesday. Massachusetts’ Joint Committee on Economic Development and … Read more
The SEC Spring Meetings will take place from May 27 – May 31. Three states have legalized sports betting where an SEC team is present. Under HIPPA, the athletes’ medical details are private information. DESTIN, Fla. – With representatives from each university, the SEC Spring … Read more
The NBA will only allow sports betting companies it has partnered with to have access to the league’s official data stream during the finals. Sportsbooks generally use the leagues’ live data in order to form any in-game betting odds. TALLAHASSEE, Fla. – The NBA, who … Read more
The PGCB made sure a self-exclusion program was available for PA bettors. Bettors will be able to use their laptop, computer, and Android device. iOS devices will be further delayed. Full-scale online betting will be available Friday, after this three-day testing. PHILADELPHIA – Pennsylvania has … Read more