LSB Feature: Three Years Later, PASPA Fading Into Memory

PASPA Fading Into Memory

PASPA was repealed on May 14, 2018. Since the repeal, multiple states and Washington DC have regulated sports betting markets. Sportsbooks like DraftKings have gone public on the NASDAQ. NEW YORK – The repeal of the Professional and Amateur Sports Protection Act (PASPA) will possibly … Read more

Matt King, FanDuel CEO Steps Down Delaying U.S. Listing

FanDuel's Matt King

Flutter Entertainment has announced that FanDuel CEO Matt King will be stepping down. Flutter Entertainment has warned this will delay the potential public listing of FanDuel. Matt King will remain as CEO until a replacement is selected. NEW YORK – Popular sportsbook and daily fantasy … Read more

Missouri Sports Betting In 2021 Still A Possibility, But Doubtful

mo senate

Senate Bill 98 could regulate sportsbooks in Missouri. The measure estimates a yearly revenue of $200 million from a regulated Missouri sports betting industry. The 2021 session ends on May 28, with the final hearings for bills to progress set for May 14. JEFFERSON CITY, … Read more

Oh, Canada You’re About To Get A Legal Sports Betting

Canadian House of Commons

Canada needs one more passage for Bill C-218 to become law and allow for retail and mobile sports betting in the country. It is estimated that with the passage of Bill C-218, a regulated Canadian sports gaming industry could bring in $28 billion in annual … Read more

Mobile Sportsbooks Passed On The New York 2022 FY Budget

Governor Andrew Cuomo

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 statewide … Read more

NV Tries To Lift Required Federal Excise Tax For Sports Betting

Rep. Dina Titus

Nevada congresswoman Dina Titus is looking to get rid of the required 0.25% excise tax on sports betting handle in the United States. The IRS collects millions of dollars from every state with a regulated sports wagering industry each year through this tax that was … Read more

A Nebraska Gaming Bill With Sports Betting Moves Forward

Nebraska Casino

Nebraska is getting closer to seeing a legal sports betting market through NE LB561, a bill that would legalize the industry for the state. NE LB561 continues to see a positive trajectory within the Nebraska Legislature. This legislation would allow for retail-only sportsbooks in Nebraska. … Read more

Hearing Next Week To Foretell Fate of Canada Legal Sports Betting

Canada Legal Sports Betting

Canada will be holding a hearing on Thursday to decide whether to move forward on a bill that would legalize single-event sports gambling in the country. Bill C-218 would allow provinces to decide if they want to offer their residents access to legal sportsbooks. Rough … Read more

Kansas Introduces Another Bill For Legal Sports Betting

Kansas Bill For Legal Sports Betting

Kansas is seeing a second sports betting bill up for legalization as one bill has already passed in the Senate. Each proposal would make mobile and retail sportsbooks legal in Kansas but in different fashions. The Kansas State Legislature will need to have their final … Read more

Kansas Holds First House Hearing For Sports Betting Bill

Kansas Senate Bill 84

The House of the Kansas State Legislature got their first introduction to Senate Bill 84 that would legalize sports betting in on Thursday. Senate Bill 84 has already passed in the Senate and is looking to pass in the House before the session adjourns for … Read more

New MA Sports Betting Bills Aim To Include Restaurants, Bars

Adam Gomez - Orlando Ramos

Massachusetts is seeing even more sports wagering bills filed with the Commonwealth to be heard by the Massachusetts Legislature in 2021. Newly filed Senate and House bills are both seeking to get restaurants and bars in on the action of sports betting. BOSTON – There’s … Read more