by Christina Monroe | Nov 30, 2020 11:34 am | Regulatory
Canadians wager an estimated $4 billion a year on sporting events using unregulated sportsbooks. The Canadian Federal Government is open to hearing legislation that would make single-game sports betting legal in Canada. Elys Game Technology came out with a statement...
by Christina Monroe | Nov 20, 2020 3:27 pm | Regulatory
Sports betting in Massachusetts may need to wait until 2021 to see any type of legislation passed for the market. Projections for annual revenue from a legal sports betting industry in the Bay State were estimated to be anywhere from $20-$35 million. BOSTON – Governor...
by Christina Monroe | Nov 20, 2020 12:20 pm | Regulatory
Senate Bill 111 that would make sports betting legal in Ohio is still on the table until the end of the year. This legislation comes with an 8% tax rate, a cap of 22 operators for an allowance of 2 licensed brands at each of their 11 casino and retail locations, and...
by Christina Monroe | Nov 19, 2020 12:56 pm | Sports Betting
Wind Creek Bethlehem Casino is now home to a Pennsylvania sportsbook. The casino has seen major financial losses, reporting $33.1 million in revenue for October which was down 16.41% from October 2019. Surrounding sportsbooks posted $36.8 million in revenue for...
by Christina Monroe | Nov 19, 2020 11:48 am | Revenue
Arkansas saw $6.56 million placed in sports wagers for their three sportsbooks in October. Neighboring states saw up to ten times that amount because they offer legal mobile sportsbooks where Arkansas does not. WEST MEMPHIS, Ark. – The three sportsbooks in Arkansas...
