Industry
September 22, 2022
California Betting Ballot Set to Pit Multi-Million War Chests
The fight for legalized sports betting in California is becoming the most-expensive ballot initiative in the US, having raised around $400 million so far and still counting, as casino operating tribes and leading online sports betting operators are pitted against each other, reported ABC News. Opposing Camps Prepare to Fight for Votes Proposition 26, backed […]
Business
November 4, 2020
Maryland, South Dakota and Louisiana Approve Ballot Measures
A trio of states voted in favor of ballot measures for the legalization of sports betting and fueled buying interest for stocks of sports betting operators on the markets Wednesday morning. Boston-based daily fantasy sports and betting operator DraftKings had its biggest rally in 3 weeks, posting gains of 6.2%, followed closely by Penn National […]
Legal
August 26, 2020
Gambling Initiatives in Nebraska Likely Excluded from November Ballot
Issues with the language were found in the gambling initiatives in Nebraska by the office of the Secretary of State. The described issues may result in the petitions not being a part of the ballot in November. Secretary of State in Nebraska Outlines Issues with the Language of the Gambling Petitions The Secretary of State […]