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Legal Sports Betting News:

New Hampshire Sports Betting Bill Now Inching Towards Governor’s Desk

May 23, 2019 by Hasan Nabulsi
sports-betting-New-Hampshire

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

Categories Regulatory Tags New Hampshire, NH HB 480, sports betting Leave a comment

Details Of Maine Sports Betting Bill Still Needs Work

May 22, 2019 by Daniel Borjas
Maine-Sports-Betting-Bill

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

Categories Regulatory Tags Maine, ME LD 553, sports betting Leave a comment

Lawmakers Push For Oregon Sports Betting To Fund Retirement Plans

May 22, 2019 by Benjamin Turner
Oregon-Sports-Betting-Public-Employee-Retirement-System

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

Categories Regulatory Tags OR SB 1049, Oregon, sports betting Leave a comment

New Jersey Sports Betting Proves Online Isn’t Everything

May 22, 2019May 22, 2019 by Andy Faust
New-Jersey-sports-betting-lounge

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

Categories Sports Betting Tags mobile, New Jersey Leave a comment

Louisiana Sports Betting Bill Clears House Committee, One Step Closer To Vote

May 22, 2019 by Hasan Nabulsi
Louisana-Senator-Danny-Martiny

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

Categories Regulatory Tags LA SB 146, Louisiana, sports betting Leave a comment

NHL Commissioner Jointly Seeks Legislation With US Sports Betting Operators

May 21, 2019 by Hasan Nabulsi
NHL-Commissioner-Gary-Bettman

The NHL currently has partnerships with three different sports betting operators. The NHL plans to reveal their player-and-puck tracking system next season. Injury information for NHL players will not be disclosed to sportsbooks. NEW YORK – NHL Commissioner Gary Bettman has seemed to take a … Read more

Categories Regulatory Tags NHL, sports betting Leave a comment

Ohio Sports Betting Efforts Have Completely Stalled Out

May 21, 2019 by Daniel Borjas
Ohio-Sports-Betting-Bill

There has been no movement with OH HB 194 and OH SB 111 since introduction. The Ohio legislative session does not end until December 31. Two Different Ideas For Sports Betting COLUMBUS, Ohio – Ohio sports betting bills introduced in the last two months have … Read more

Categories Regulatory Tags OH HB 194, OH SB 111, Ohio, sports betting Leave a comment

Future Of Mobile New York Sports Betting Remains Unclear

May 21, 2019 by Andy Faust
Mobile-New-York-Sports-Betting

Sen. Joseph Addabbo wants to legalize online betting for NY’s four upstate commercial casinos. The New York Gaming Association does not support Addabbo’s bill, SB 17. The New York legislative session ends in less than a month. NEW YORK – Sports betting is already legal … Read more

Categories Regulatory Tags mobile, New York, NY SB 17, sports betting Leave a comment

Sports Betting Bill To Be Introduced To Michigan Legislature Soon

May 21, 2019 by Justin Ramsey
Michigan-Legislature

The sports betting bill will be introduced to the Michigan Legislature next week. The bill permits mobile and land-based wagering for 23 of the state’s tribal casinos and three commercial casinos. The bill will allow sports betting on various professional and collegiate teams. LANSING, Mich. … Read more

Categories Regulatory Tags HB 4311, Michigan, sports betting Leave a comment

Sports Betting Market In U.S. And Across The World Projected To Increase By 2022

May 20, 2019 by Hasan Nabulsi
Sports-Betting-Market-In-US

The international sports betting market is estimated to be worth $250 billion. The sports US sports betting market valuation has increased by $10 billion a year since 2016. The projected growth rate of sports betting in Asia outpaces all other regions in the world. TALLAHASSEE, Fla. … Read more

Categories Sports Betting Tags New Jersey, sports betting market Leave a comment

For Disney, Sports Betting Is A Small World After All

May 20, 2019 by Andy Faust
Disney-Sports-Betting

Disney now owns a stake in DraftKings, a major sportsbook and DFS operator. ESPN would be a logical beneficiary of the acquisition. Disney has not yet publicly commented on its investment in DraftKings. BURBANK, Calif. – Early on in the discussion of legalizing sports betting … Read more

Categories Sports Betting Tags Disney, DraftKings, ESPN Leave a comment

DC Sports Betting Regulations To Be Released Next Month

May 20, 2019 by Michael Molter
DC-Sports-Betting-Regulations

DC Sports betting is expected to launch in September of this year. The lottery-operated mobile app has yet to be created – looking like a Jan 2021 release. The finance and revenue committee suggested that the lottery should look for another supplier of their app. … Read more

Categories Regulatory Tags sports betting, Washington DC Leave a comment
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