by Christina Monroe | Dec 7, 2020 11:43 am | Regulatory
North Carolina will finally be launching their sports betting market in 2021 after the approval from Governor Roy Cooper amended Tribal Gaming Compacts. An estimated $10 million is expected to be made annually from gambling on sports matchups in the Tar Heel State....
by Christina Monroe | Dec 6, 2020 11:27 am | Regulatory
Numerous states are considering sports betting legislation in 2021 as a new revenue stream to help bridge the huge gaps caused by the Coronavirus Pandemic. All of these states made progress in the 2020 legislative sessions only to be thwarted by the time constraints...
by Christina Monroe | Nov 30, 2020 11:34 am | Regulatory
Canadians wager an estimated $4 billion a year on sporting events using unregulated sportsbooks. The Canadian Federal Government is open to hearing legislation that would make single-game sports betting legal in Canada. Elys Game Technology came out with a statement...
by Christina Monroe | Nov 20, 2020 3:27 pm | Regulatory
Sports betting in Massachusetts may need to wait until 2021 to see any type of legislation passed for the market. Projections for annual revenue from a legal sports betting industry in the Bay State were estimated to be anywhere from $20-$35 million. BOSTON – Governor...
by Christina Monroe | Nov 20, 2020 12:20 pm | Regulatory
Senate Bill 111 that would make sports betting legal in Ohio is still on the table until the end of the year. This legislation comes with an 8% tax rate, a cap of 22 operators for an allowance of 2 licensed brands at each of their 11 casino and retail locations, and...
