by Jeremias Di Vico | Apr 19, 2023 3:51 pm | Legal
PointsBet is the seventh biggest sports betting company in the U.S. and will now be selling its North American division. Heading into 2023, the operator posted some impressive numbers with over a billion dollar handle for the first half of the fiscal year. Prospective...
by Jeremias Di Vico | Apr 18, 2023 3:12 pm | Legal
Following the move to legalize sports betting, Brazil has seen a slew of sportsbooks enter the market and offer their services. New proposals slated to be featured in a provisional measure seek to tax sportsbooks at 15%, but concerns over additional taxes may threaten...
by Jeremias Di Vico | Apr 17, 2023 2:21 pm | Legal
Ontario’s Alcohol and Gaming Commission has proposed banning the use of athletes, cartoons, influencers, etc. from being spokesmen for betting advertisements. While it is not a blanket ban, the AGCO specifies that it would include anyone who could be of “primary...
by Jeremias Di Vico | Apr 14, 2023 10:29 am | Legal
The Illinois betting market has been on a hot streak, continually growing and putting up big handle numbers, and is expecting the addition of a popular Vegas operator into the mix Ohio further work to bolster the number of markets available for bettors to wager on...
by Jeremias Di Vico | Mar 31, 2023 5:32 pm | Legal
HB 3749 has passed its first subcommittee and now moves on to the Ways and Means Committee. The bill seeks to legalize online-only sports betting, something that Tennessee first accomplished a few years back. Estimates on potential tax revenue hover around $23...
by Jeremias Di Vico | Mar 31, 2023 3:15 pm | Legal
After two years of consistent sports betting bills being passed through the Kentucky legislature, KY HB 551 has reached the Governor’s desk and was signed into law this morning. All residents aged 18 and up will be able to bet online through operators or at licensed...
