by Michael Molter | Nov 20, 2024 11:31 am | Legal
Still in the beginning stages, legislators in the Tourism, Gaming, and the Arts Committee voted 5-0 to approve a NJ sports betting regulation. With an identical measure in the Senate, New Jersey could ban college prop bets just as many states have done in 2024....
by Zachary Kelley | Nov 19, 2024 1:20 pm | Legal
Voting on Missouri’s sports betting amendment could be subject to a recount after a late report of almost 10,000 votes narrowed the margin of votes for sports betting. The change in votes moved the statewide margin from 4,363 to just 368 votes in favor of the...
by Michael Molter | Nov 14, 2024 1:22 pm | Legal
The FBI raided the home of Polymarket CEO Shayne Coplan, seizing his electronics amid an investigation into the crypto-based prediction market’s handling of election betting odds. NEW YORK – In a high-profile raid Wednesday morning, FBI agents entered the New York...
by Michael Molter | Nov 12, 2024 10:42 am | Legal
Louisiana’s HB22 bill proposes raising the tax rate on online sports betting revenue to 51%, matching New York, which could significantly boost state revenue but might face pushback from operators. Minnesota’s sports betting legalization efforts have gained...
by Michael Molter | Nov 6, 2024 10:20 am | Legal
With about 3 million votes cast by Missouri residents, the sports betting measure known as Amendment 2 received about 7,000 votes over the 50% mark. Winning 50.1% to 49.9%, the process for legalizing and regulating sportsbooks in Missouri begins with an expected...
by Michael Molter | Oct 31, 2024 11:21 am | Legal
Missouri voters have the power to legalize sports betting by a simple majority in Tuesday’s November Election. With monetary and public support appearing behind it, many believe Amendment 2 will pass. ST. LOUIS – Missouri residents will soon vote on a significant...