by Evan Thornton | Apr 4, 2022 10:54 am | Legal
Online sports betting is live in Ontario with several sportsbooks now accepting bets. Sportsbooks will not be allowed to advertise risk-free bets in Ontario like they do in the US ONTARIO – Residents of Ontario were treated to the launch of a regulated online...
by Jerad Paparella | Mar 8, 2022 1:38 pm | Legal
Assemblyman Gary Pretlow introduced an amendment that would cut sportsbooks’ effective tax rate from 51% to 25% by 2024; Sen. Joe Addabbo presented its sister amendment in the Senate. The amendment would increase the number of online sportsbook skins to cut the tax...
by Jerad Paparella | Nov 9, 2021 12:41 pm | Legal
The New York State Gaming Commission recommended nine mobile operators to be granted mobile sports betting licenses on Monday. Each sportsbook, once launched, will be subject to the nation’s highest tax rate on sports betting at 51%, with the licenses effective for a...
by Giovanni Shorter | May 17, 2021 11:03 am | Revenue
Sports betting in New Jersey saw a 13% decline month over month in April. Sports betting is up 1,270% year over year. The decline can be attributed to the ending of March Madness betting. TRENTON, N.J. – New Jersey sportsbooks saw a slight decline in activity month...
by Christina Monroe | Apr 7, 2021 2:45 pm | Regulatory
The budget proposal in New York has passed with regulated mobile sportsbooks included in the paperwork. New Yorkers will see up to six regulated mobile sports betting platforms launch by September for the NFL season. Over 90% of all sports betting that will occur...
