Legal Sports Betting Revenue Helps States Collect $100M In Taxes

Tax Money

Every state with legal sports betting taxes their sportsbooks’ revenue at a percentage ranging from 6.75% – 51%. While the majority of states only send tax contributions to their statehouse, others give to the cities or counties that host the books. Sports betting revenue and … Read more

Illinois Sports Bettors Voice Their Stance On Regulations

Illinois Forum

IL SB 690 was signed into law by Illinois Governor J.B. Pritzker in June. Sports betting in Illinois will first be available in the state’s racetracks, professional sports stadiums, and casinos. The Illinois Gaming Board will take all public comments into consideration when drafting official … Read more

Potential IL Sports Betting Operators Given New Licensure Requirements

Marcus Fruchter Illinois Gaming Control Board

The bill that legalized sports betting in Illinois also authorized the construction of six new casinos in the state.  Those seeking casino licenses in Illinois will now have to abide by heightened ethical standards set by the Illinois Gaming Commission.  The emergency rules set by … Read more

Experts To Meet At Fourth Annual Chicago Sports Summit

Chicago Sports Summit 2019

Topics will include sports agent deals, the health of athletes and the sports betting industry. There will be four panels with the industry’s leading experts. All proceeds from the event will go to local charities for educational development. CHICAGO – The 4th Annual Chicago Sports … Read more

Betting On The NFL, The League’s Stance On The Issue 100 Years Later

NFL-betting

Every NFL commissioner since the 1960s has spoken outwardly against the spread of legal sports betting in the United States. Different NFL teams have taken different stances in regard to betting on the NFL. While the NFL has not made partnerships with legal sports betting … Read more

Kentucky Lawmakers Prefile Sports Betting Bill For 2020

Kentucky sports betting set for 2020 vote

KY BR 236 is Kentucky’s latest effort to legalize sports betting. The bill focuses on land-based sports gambling. The Kentucky legislative session does not begin until January 8, 2020. FRANKFORT, Ky. – Kentucky lawmakers have prefiled a new sports betting bill for the 2020 legislative … Read more

Indiana To Approve Sports Betting Regulations, Launch Days Away

Indiana Sports Betting Awaits Approval

Scheduled at 1:00 pm, the Indiana Gaming Commission must approve sports betting regulations before they can launch. If all goes as planned, the state of Indiana will launch their first sportsbook on September 1, making them the 13th state to do so. With major American … Read more

Parlay Cards Could Be Coming To An Illinois Gas Station Near You

Sports Betting at Illinois Gas Stations

The Illinois Lottery is making preparations to launch parlay cards. There is no estimated date to when Illinois sports betting will launch. There could be over 5,000 locations in Illinois to bet on sports. SPRINGFIELD, Ill. – Parlay cards could be introduced to over 5,000 … Read more

TV Broadcasters, Networks Betting Big On U.S. Sports Gambling

Networks embrace growing U.S. sports betting industry

Sinclair Broadcasting recently agreed to acquire 21 regional sports networks and Fox College Sports from The Walt Disney Co. for $10.6 billion. ESPN previously signed a partnership with Caesars Entertainment to run it’s ‘Daily Wager’ program. There are currently 11 states with active sportsbooks and … Read more

888 Looking To Expand To The Midwest When The Time Is Right

888 To Expand Into The Midwest When The Timing Is Right

888 offer sports betting in New Jersey but is looking to expand into other states as well. The company is looking at states attempting to pass all online gaming rather than just sports betting. Despite the continual sports betting expansion in the US, 888 has … Read more

FanDuel Becomes Third US Sports Betting Partner Of The MLB

MLB will partner with FanDuel

The multi-year agreement gives FanDuel access to real-time official league data and the ability to use MLB trademark materials. The MLB has previously signed sports betting partnerships with DraftKings and MGM Resorts International. There are currently 11 states with active sportsbooks and several others awaiting … Read more

NFL Now Allows Sportradar To Distribute Data To US Sportsbooks

US Sportsbooks Will Now Receive NFL Data From Sportsradar

Sportradar has been the NFL’s official data distributor to media outlets since 2015. The partnership extension will allow Sportradar to distribute the NFL’s play-by-play data to U.S. sports betting operators. The NFL will also use Sportradar’s integrity services to monitor all NFL games, including the … Read more