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 | Jul 13, 2023 11:54 am | Sports Betting
The NCAA reported 175 infractions to their sports betting policy, along with 17 active investigations for policy violations. NCAA President Charlie Baker told a Nevada Representative about the alarming numbers in a letter obtained by The Associated Press. LAS VEGAS –...
by Christina Monroe | Mar 26, 2021 10:52 am | Regulatory
Nevada congresswoman Dina Titus is looking to get rid of the required 0.25% excise tax on sports betting handle in the United States. The IRS collects millions of dollars from every state with a regulated sports wagering industry each year through this tax that was...