by Zachary Kelley | Jul 13, 2023 5:10 pm | Sports Betting
The Massachusetts Gaming Commission unanimously denied LIV Golf from their state sports wagering catalog. The commission cited legal troubles and funding concerns as to why the Commonwealth will not be adding LIV Golf to the sportsbooks’ catalogs. Magic City Jai...
by Zachary Kelley | Jul 5, 2023 4:52 pm | Legal
A newly approved Ohio state budget includes a sports betting tax rate increase to 20%. Ohio Governor Mike DeWine signed the approved budget on July 3. The tax rate increase went into effect on July 1, 2023. COLUMBUS, Ohio – A sports betting tax rate increase included...
by Zachary Kelley | Jun 21, 2023 7:12 pm | Legal
The Ohio House of Representatives did not concur with the Senate-approved tax rate amendment. A legal sports betting tax rate increase from 10% to 20% was approved in the Ohio Senate on Thursday. The Ohio Casino Control Commission recorded over $45 million in tax...
by Zachary Kelley | Jun 1, 2023 7:52 pm | Revenue
The Ohio Casino Control Commission’s monthly revenue report shows that more than $520 billion dollars in sports betting wagers were placed in April. Another month with over half a billion dollars in wagers saw Ohio surpass the $3 billion mark in just four months with...
by Zachary Kelley | May 15, 2023 2:53 pm | Sports Betting
Fanatics Betting and Gaming has acquired PointsBet US for $150 million. The Australian-based sportsbook will retain their Australian and Canadian businesses. Fanatics Sportsbook will gain access to PointsBet US’s sports betting licenses across 14 states. NEW YORK –...