Sports
February 13, 2023
Ohio Governor Proposes Sports Betting Tax Increase to 20%
The Ohio Statehouse News Bureau reported that sports betting has been legal in Ohio for just over a month and the state’s proposed $87 billion, two-year budget has placed the industry in the spotlight. In the spending plan, the tax on sports betting is set to double from 10% to 20%, which will be paid […]
Lottery
February 13, 2023
South Carolina Man Donates $150K Powerball Winnings
The unnamed individual said that he was very happy to hit a jackpot but confirmed that he had no intentions of keeping the money. Instead, he wanted to donate his winnings. The person, who is from Greenville, bought his winning ticket at the GT Express Mart. His win came during the January 16 drawing and […]
Business
February 13, 2023
FanDuel Is on Annual Profitability Path in 2023 Says CEO
In an interview for Bloomberg Television, Howe expressed her optimism about the company’s future and emphasized the robustness of the company’s operations. FanDuel Expects 17 million Bets on the Super Bowl FanDuel CEO Amy Howe expressed her confidence that this year will mark a turning point for her company: We feel very confident about our […]
Business
February 10, 2023
New York Sportsbooks Set Betting Handle Record in January
The New York State Gambling Commission, the regulator in charge of sports betting in the state, has announced the results outlining the performance of mobile sportsbooks for January. In total, the mobile betting handle in the state hit $1.79 billion, representing a new all-time-high record. It was back in early January last year when New […]
Business
February 10, 2023
MGCB Green-Lights 888 to Become Hannahville’s New Platform Provider
The Michigan Gaming Control Board (MGCB), which is responsible for implementing, managing, and enforcing the Michigan Gaming Control & Revenue Act’s provisions, has given the green light to 888’s VHL Michigan subsidiary to turn into the Hannahville tribe’s new platform provider under the Sports Illustrated brand. Twin Spires Exited the Business in 2022 The Hannahville […]
Legal
February 10, 2023
Texas Lawmaker Disagrees with Betting and Gambling Proposals
After the start of the legislative season early in January, lawmakers in the state are trying to push the legalization of sports betting, as well as casino gambling. Different proposals seek to legalize the activities, predicting that betting and gambling will deliver economic stimulus and at the same time reduce the share of the black […]
Casino
February 10, 2023
Illinois Senator Submits Bill to Legalize Online Casinos
SBC Americas reported that this legislation would allow casinos and racetracks in Illinois to apply for an internet gaming license, which can include up to three skins. The license will cost $250,000 and will be regulated by the Illinois Gaming Board. The New Legislation Introduces a 15% Tax Rate The new bill introduced by Sen. […]
Legal
February 10, 2023
Hawaii Bill Proposes Taxation for Vacation Gambling Trips
Many residents from the state like to take trips to locations that offer gambling entertainment primarily because the activity is illegal in Hawaii. One of the most popular locations is the gambling capital of the world, Las Vegas. Yet, while many enjoy the activity and it brings profits for operators involved in the organization process, […]
Sports
February 10, 2023
New York Congressman Cracks Down on Sports Betting Advertising with New Bill
Ahead of the Super Bowl, Rep. Paul D. Tonko has brought forward the Betting on our Future Act, legislation that aims to ban all online and electronic advertising of sports gambling. Sports Betting Ads Put Young Adults at Risk The Betting on our Future Act is modeled after the Federal Cigarette Labeling and Advertising Act, […]
Casino
February 10, 2023
Nevada Gaming Commission Busts Major Sports Betting Embezzlement Scheme
The now-former employee of William Hill was investigated by the Nevada Gaming Commission and the operator’s internal teams which became aware of the scheme last year. William Hill US which was bought by Caesars Entertainment for $4 billion in 2021, has more than 100 race and sportsbook venues in Nevada. The employee who has been […]
