by Michael Molter | Jan 10, 2020 6:21 pm | Regulatory
Lawmakers during the 2019 legislative session approved ME LD 553 during the last few days of the session. Governor Janet Mills held the bill into 2020 to delay her potential approval or rejection of the measure. After her veto decision, Maine residents will have to...
by Daniel Borjas | Jan 6, 2020 4:03 pm | Regulatory
The legislative session for Maine is set to start on Wednesday. The Governor must make a decision about legalizing sports betting this week. If Maine legalizes, they will be the first state to do so in 2020. AUGUSTA, Maine – Governor Janet Mills must make a decision...
by Hasan Nabulsi | Jun 21, 2019 2:36 pm | Regulatory
Maine sports betting is set to become the nation’s first, “free-market” model to sports betting. Retail sportsbooks in Maine will have to pay 10% of sports betting revenue to the state while online sports wagering sites will have to pay 16%. The Maine Department of...
by Daniel Borjas | Jun 19, 2019 1:41 pm | Regulatory
ME LD 553 is heading to both the Senate and House for a final vote. This bill will allow sports wagering to happen in retail and online locations. Wednesday marks the final day of the legislative session in Maine. AUGUSTA, Maine – Maine legislature will make the final...
by Daniel Borjas | May 22, 2019 2:32 pm | Regulatory
Lawmakers are working out the details for ME LD 553. Lawmakers have not worked out the tax rate for sports betting. Bettors in Maine cannot wager on Maine-based college games. AUGUSTA, Maine – Lawmakers met on Monday to work out the details for sports betting....
