Bill To Abolish Excise Tax On Sports Betting Appears In U.S. Congress

US Congress

Co-chairs of the Congressional Gaming Caucus have sponsored a bipartisan bill to get rid of the excise tax on sports betting the U.S. The tax has been a burden on sports betting operators and gives unnecessary advantages to illegal sportsbooks. The CEO of the American … Read more

AGA Finds 59% Of Gamblers Want Cash-Free, Online-Based Payment Options

Sportsbook Deposits

The American Gaming Association found that 59% of gamblers want to see a digital payment option available at land-based casinos and sportsbooks. Digital payment options must first be approved on a state by state basis before venues are allowed to offer them to patrons. The … Read more

Sports Betting in New Jersey Drops Over 85% Year-To-Year From COVID-19

New Jersey Sportsbook

In April, New Jersey sportsbooks experienced their lowest month of revenue ($2.6 million) ever. New Jersey also saw its second-lowest month of betting handle ($54.6 million). ATLANTIC CITY, N.J. – After a less-than-stellar take-home in a pandemic-shortened March, New Jersey sportsbooks experienced their lowest monthly … Read more

American Gaming Association Reaches Out To The President For Help

aga white house

The American Gaming Association (AGA) is requesting that President Donald Trump intervene to allow the gambling industry to collect Paycheck Protection Program (PPP) benefits. Over 1.8 million Americans across 43 states are out of work because of the casino shutdowns due to COVID-19. WASHINGTON – … Read more

AGA CEO Not Satisfied With SBA’s Paycheck Protection Program

Bill Miller

American Gaming Association CEO Bill Miller is concerned about the ineligibility of gaming businesses for loans from the Small Business Association’s Paycheck Protection Program. Under the current guidelines, hundreds of thousands of casino and gaming industry employees will be left unprotected during the COVID-19 crisis. … Read more

Will Voters See CA Sports Betting On Their November Ballot?

California Sports Betting Voting

Legal sports betting in California could happen if ACA-16 passes through the Legislature and landed on the ballot for the public to vote on in November. The sports betting market is a billion-dollar industry in the Golden State but the recent COVID-19 pandemic could stop … Read more

House Votes No On Override Of Vetoed Maine Sports Betting Bill

maine_legislature

Legalizing sports betting in Maine was voted on by the House on February 11. Millions of dollars in potential revenue could come from the sports gambling market in the state. The bill was originally vetoed and then overridden by the Senate, bringing it to the … Read more

Help Wanted – NFL Hiring A Vice President For Sports Betting

NFL

The NFL is now accepting sports betting by heading up a department within their organization specifically for the hobby. Job listings for a Vice President, as well as a Brand Ambassador, are listed for sports wagering at the NFL headquarters. Super Bowl Sunday saw billions … Read more

Legal Sports Betting Gives NFL Ratings A Solid Boost

NFL Nation

NFL ratings are up by six percent for the first half of the season. Legal sports betting is partially credited for the boosted NFL ratings. The NFL has also embraced sports betting as well. NEW YORK – The NFL has received a solid boost in … Read more

NBA Spotlight: Adam Silver, NBA China, And Legal Sports Betting

NBA

Adam Silver has been a proponent of legal sports betting since he took office in 2014. The NBA is projected to increase revenues by $585 million per year with legal sports betting. With international gaming partnerships, the NBA should expect more revenue, especially from China. … Read more