Resorts World Bet will exit New York’s crowded online sports betting space, opening a valuable license opportunity. FanDuel responds to Illinois’ steep tax increase by imposing a 50-cent fee per bet. Louisiana’s legislature advances a bill to hike the online sportsbook tax rate to 21.5%, … Read more
After months of anticipation, New York finally successfully launched the first batch of their state-regulated mobile sportsbooks on Saturday. New York recorded nearly as many sports betting transactions in the first 12 hours after launch as Pennsylvania, New Jersey, and Michigan did in that time … Read more
The launch of New York’s mobile sportsbooks will have far-reaching consequences – especially in New Jersey, where an estimated 25% of online sportsbook users reside in New York. ALBANY, N.Y. – New York’s long-awaited mobile sportsbook launch could be mere days away after the New … Read more
New York is on schedule to launch its mobile sportsbooks before the Super Bowl as the New York State Register released the official rules and regulatory framework. While Maryland’s retail sportsbooks are on schedule to launch by Jan. 2022, Lottery and Gaming Control Director John … Read more
The New York State Gaming Commission recommended nine mobile operators to be granted mobile sports betting licenses on Monday. Each sportsbook, once launched, will be subject to the nation’s highest tax rate on sports betting at 51%, with the licenses effective for a period of … Read more
