by Michael Molter | Nov 30, 2019 8:43 am | Revenue
Nevada sportsbooks took in almost $550 million in legal sports wagers during October. Year over year, sports betting revenue increased by $100 million from legal sportsbooks. New sports betting handle and revenue records should continue to be set with mobile betting....
by Michael Molter | Nov 4, 2019 1:04 pm | Revenue
Every state with legal sports betting taxes their sportsbooks’ revenue at a percentage ranging from 6.75% – 51%. While the majority of states only send tax contributions to their statehouse, others give to the cities or counties that host the books. Sports...
by Hasan Nabulsi | Oct 7, 2019 6:53 pm | Regulatory
IL SB 690 was signed into law by Illinois Governor J.B. Pritzker in June. Sports betting in Illinois will first be available in the state’s racetracks, professional sports stadiums, and casinos. The Illinois Gaming Board will take all public comments into...
by Hasan Nabulsi | Sep 9, 2019 9:43 pm | Regulatory
The bill that legalized sports betting in Illinois also authorized the construction of six new casinos in the state. Those seeking casino licenses in Illinois will now have to abide by heightened ethical standards set by the Illinois Gaming Commission. The emergency...
by Christina Monroe | Sep 7, 2019 9:33 am | Sports Betting
Topics will include sports agent deals, the health of athletes and the sports betting industry. There will be four panels with the industry’s leading experts. All proceeds from the event will go to local charities for educational development. CHICAGO – The 4th Annual...
