by Carter Floyd | Apr 27, 2020 10:10 am | Regulatory
The Illinois Supreme Court ruled on April 16 that some daily fantasy sports games are legal under state law, as they are games of skill rather than chance. This decision overrules a previous opinion by the former Illinois Attorney General in 2015, which classified all...
by Christina Monroe | Apr 17, 2020 12:14 pm | Regulatory
Daily Fantasy Sports (DFS) has been ruled by the Illinois Supreme Court as a legal game of skill that is open for wagers. Unregulated games of chance are not allowed to gamble on under the Illinois Constitution but games of skill are allowed. Any person that engages...
by Carter Floyd | Apr 15, 2020 10:33 am | Regulatory
Virginia Gov. Ralph Northam sent recent sports betting bills back to the state Legislature with proposed amendments that would increase licensing fees for sportsbooks. The most impactful change would require a $50,000 background check fee for all “principals” of a...
by Christina Monroe | Apr 1, 2020 2:57 pm | Regulatory
Phase Two of the sports betting rules in Illinois will give priority to businesses receiving their licenses first over others if they can bring in more revenue for the state. Currently, all casinos nationwide have been shut down due to the Coronavirus pandemic....
by Carter Floyd | Mar 20, 2020 1:20 pm | Political Betting
The Senate race is expected to be tight, with Republicans (-130) and Democrats (EVEN) both having good odds to win a majority of seats. Democrats (-275) are heavily favored to win a majority of the 435 House of Representatives seats over Republicans (+200)....