by Giovanni Shorter | Apr 15, 2022 10:35 am | Legal
Kentucky’s Senate Committee did not vote on the sports betting bill in time for the session deadline. The deadline passing kills sports betting in Kentucky for at least another year. FRANKFORT, Ky. – The regulated Kentucky sports betting market has seen a major...
by Jerad Paparella | Apr 13, 2022 1:46 pm | Legal
Monterra AF – a group formed to oppose what they called an illegal gambling expansion in Florida – filed a suit in the U.S. District Court of Appeals on Sunday. The case argues – among other points – that since Judge Dabney Friedrich’s ruling...
by Giovanni Shorter | Apr 13, 2022 10:52 am | Legal
Lawmakers in New York are continuing efforts to rework the 51% tax rate for sportsbooks. The bill would also increase the number of sports betting operators in New York. New York has benefited greatly from the 51% tax rate, taking in $163.6 million in taxes since...
by Jerad Paparella | Apr 12, 2022 1:09 pm | Legal
Kentucky’s sports betting bill, HB 606, has already passed through the Kentucky House of Representatives by a convincing 58-30 vote. Despite passing relatively easily in the House, the bill has hit a roadblock in the socially-conservative Kentucky Senate, where views...
by Jerad Paparella | Apr 11, 2022 4:05 pm | Legal
Iowa’s sportsbooks handled $233.5 million in wagers in March, up compared to both last month’s handle and March 2021’s handle. March was Iowa’s second-strongest sports betting revenue month since launch, with sportsbooks generating a combined $14.4 million in sports...
by Evan Thornton | Apr 8, 2022 11:17 am | Legal
Sports betting bill SB 688 has already been approved by the Senate and is awaiting approval from the House. The Lottery Commission would be responsible for regulating the market and issuing operator licenses. There are currently only two North Carolina sportsbooks,...
