by Michael Molter | Jun 26, 2024 10:08 am | Legal
Major changes in mobile sports betting are on the horizon as the DC Council opens the market to multiple operators. The new budget slashes tax rates and welcomes competitors like BetMGM and Caesars to expand citywide. An amendment ensures betting kiosks remain in...
by Zachary Kelley | May 28, 2024 10:57 am | Legal
Illinois is only two steps away from implementing a progressive sports betting tax that reaches up to 40%. The Illinois Senate amended House Bill 4951, including a progressive sports betting tax starting at 20% and reaching up to 40% based on operator revenue...
by Brett Crown | Mar 28, 2024 11:33 am | Regulatory
Many of the most popular sports betting companies in the US just formed the Responsible Online Gaming Association (ROGA). Education, treatment, and marketing practices for responsible gambling are the main focuses of ROGA. NEW YORK – Seven major sports betting brands...
by Zachary Kelley | Mar 11, 2024 1:32 pm | Regulatory
North Carolina sports betting launches at noon on Monday, March 11. Eight sportsbooks are licensed with the North Carolina State Lottery Commission, while other internationally-licensed sportsbooks accept NC players and offer bigger bonuses. Bovada offers a 50% match...
by Zachary Kelley | Mar 4, 2024 11:41 am | Revenue
Ohio earned $113.1 million from January’s $811.6 million in sports betting handle. The large drop off in handle and revenue from last year can be attributed to promotional betting and the state’s first month with legal sports betting. FanDuel and DraftKings received...