by Christina Monroe | Apr 30, 2021 12:06 pm | Regulatory
Maine has four sets of bills that are associated with a regulated sports betting market for the state. The bill that looks to be the most favorable is ME LD 1352, which would regulate both tribal and commercial sportsbooks for retail and mobile platforms. Should any...
by Christina Monroe | Apr 7, 2021 12:33 pm | Regulatory
Senate Bill 1352 is the first sports betting proposal that will be seen by the Maine State Legislature in 2021. The proposal is almost exactly the same as ME LD 553 that was passed by lawmakers in 2019 but was not approved by Governor Janet Mills to become law. The...
by Christina Monroe | Feb 6, 2020 12:22 pm | Regulatory
A meeting to vote on the override of a vetoed sports betting bill in Maine happened on February 6 in the Senate. Since the Senate voted in favor of the repeal, the bill will move to a House vote next week. The sports betting market would tax retail sportsbooks 10% on...
by Christina Monroe | Feb 5, 2020 8:00 am | Regulatory
An override to the veto on a sports betting bill in Maine was supposed to happen on February 4. The Senate did not vote on the issue because too many members were absent to hold a vote. Until the state of Maine can come to a conclusion on the topic, sports bettors...
by Christina Monroe | Jan 15, 2020 11:02 am | Regulatory
The bill to legalize sports betting in the state of Maine was on the Governor’s desk for well over six months before she handed down her decision. Maine estimates $5 million annually from the wagering on sporting events should the hobby become legal. Studies suggest...
