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...
by Christina Monroe | Mar 16, 2021 11:19 am | Regulatory
New York’s budget bill proposal passed by majority vote on Monday night in both chambers with online sports betting listed as a revenue source. There are three bills currently open for the legalization of mobile sports betting in the New York State Assembly. Governor...
by Carter Floyd | Jun 2, 2020 10:22 am | Sports Betting
Playtech, a top gambling software company, has received a transactional waiver that gives them the approval to enter the New Jersey online sports betting and casino markets. Playtech will initially be partnered with bet365 and Hard Rock Atlantic City but plans to...
