by Jerad Paparella | Dec 10, 2021 4:23 pm | Legal
The city of Chicago is set to discuss a potential new 2% tax on sports betting revenues in the city; this would bring the effective sports betting tax rate to 19%. While many see the tax as an attempt to appease Neil Bluhm – a billionaire casino mogul –...
by Jerad Paparella | Dec 9, 2021 2:51 pm | Legal
HB 29, a bill legalizing and regulating sports betting in Ohio, overwhelmingly passed both the Ohio Senate and Ohio House of Representatives on Wednesday. The bill now heads to Gov. Mark DeWine’s desk, where it is considered extremely likely to be signed into action,...
by Jerad Paparella | Dec 8, 2021 5:30 pm | Legal
Delaware’s sports bettors have suffered a historically bad stretch, with sportsbooks reporting over a 10% hold in nine of the last 12 months – this includes a 14% hold in October. Both Delaware and Montana, the states with the two highest reported holds for...
by Jerad Paparella | Dec 8, 2021 5:17 pm | Legal
A report from Politico claims that the Seminole Tribe of Florida has been sabotaging signature-gathering efforts for multiple voter’s initiatives regarding sports betting and gaming. According to sources familiar with the matter, the tribe has been providing financial...
by Jerad Paparella | Dec 8, 2021 5:07 pm | Legal
MGM National Harbor will be the first Maryland sportsbook to launch, with a Thursday afternoon sportsbook opening. The Horseshoe Casino in downtown Baltimore plans to begin accepting bets at their new sportsbook this week. The launch will be preceded by a visit by the...
by Evan Thornton | Dec 3, 2021 11:55 am | Legal
Colossus Bets has files a patent infringement lawsuit against DraftKings. Seven patents related to cashing out of gaming apps are owned by Colossus Bets. DraftKings has been tied up in patent infringement lawsuits before. LAS VEGAS – DraftKings is once again on...
