Pennsylvania, Illinois, New York and New Jersey have contributed over $1 billion to local governments from sports betting taxes. Nevada sports bettors hold the best win rate (5.65%), while Montana sportsbooks see bettors lose at the US’s worst rate (13.5%). WASHINGTON – Nationwide, sports betting … Read more
The MLB has come out as an official supporter of Prop 27 in California, which would legalize online sports betting and is the first league to take a side on either bill. With partnerships with sportsbooks operators already, Prop 26 would not allow the MLB … Read more
Prop 26 and Prop 27 have each received over $150 million in support for their opposite sports betting proposals for the 2022 Ballot. There have been educational organizations against Prop 27 (online betting) and working-class originations against Prop 26 (retail tribal betting). LOS ANGELES – … Read more
The US National gas price average is $4.189 as of August 2nd, there are +275 odds for the price to average from $3.75 to $3.99 by August 31st. The national gas average dropped by .495 cents during a three-week period in July 2022 but there … Read more
California Native American tribes have released a new advertisement attacking the California Solutions To Homelessness And Mental Health Support Act. The advertisement is similar to ad campaigns run by Florida earlier in 2022. SACRAMENTO, Calif. – Local Native American tribes in California have come together … Read more
The California Solutions to Homelessness and Mental Health Support Act has qualified for the 2022 November ballot. Now both sports betting bills will officially be put to a vote by Californians. The Coalition for Safe, Responsible Gaming has responded, reaffirming its stance against the bill … Read more
Two sports betting bills will likely be on the November ballot in California. Only one would allow online sports betting and allow bets on California colleges and universities. Neither initiative proposed sports a tax rate near that of New York state. SACRAMENTO, Calif. – State-regulated … Read more
As of now, there are two sports betting bills that have received enough signatures to be on the 2022 November Ballot in California. The sports betting bill, backed by commercial sportsbooks, would give 85% of taxes towards mental health & homelessness programs. HIGHLAND, CA- The … Read more
Former presidential candidate and current Texas gubernatorial candidate Robert “Beto” O’Rourke voiced his support for legal sports betting in Texas this week. O’Rourke is running a campaign against incumbent Gov. Greg Abbott; O’Rourke is considered a longshot to unseat Abbott, though his support could create … Read more
California’s voters currently have three competing sports betting initiatives to choose from, with each providing a slightly different legal sports betting market. The California Solutions to Homelessness and Mental Health Support Act is the most likely initiative to pass, with financial support from retail giants … Read more
A committee representing several of California’s native tribes has launched an advertising campaign against the California Solutions to Homelessness and Mental Health Support Act. The tribes argue that the initiative would break a promise to the tribes that they would be granted exclusive rights to … Read more
2022 is shaping up to be another historic sports betting year after 2021 brought an over 30% increase in states offering legal sports betting and record revenues across the U.S. Several states, including California, Georgia, Massachusetts, and North Carolina are likely to pass legal sports … Read more