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...
by Michael Molter | Sep 17, 2024 7:12 pm | Legal
Jeffrey Saco was arrested on eight felony counts for sports betting violations on the Caesars Sportsbook app in Michigan. With a hearing set in two weeks, this story is only just starting to unfold. DETROIT – A Southfield, Michigan man is facing eight felony charges...
by Michael Molter | Sep 16, 2024 12:07 pm | Legal
Two northeast lawmakers introduced the SAFE Bet Act – a measure to bring federal oversight to the US sports betting industry. Removing away from a federal approach in 2018 (the repeal of PASPA), this measure is unlikely to advance. It calls for stricter advertising...
by Zachary Kelley | Sep 9, 2024 5:51 pm | Legal
Lawsuits preventing Missouri’s sports betting petition from reaching the November ballot were rejected by a circuit court judge on Friday. A political committee named Winning for Missouri Education collected over 205,000 valid signatures to bring legal Missouri sports...