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 Hasan Nabulsi | Nov 8, 2019 1:29 pm | Sports Betting
The Carolina Panthers will allow Harrah’s Cherokee logos and advertisements to run in pre-game, in-game, and post-game rotations. Harrah’s Cherokee casinos are the only places authorized to conduct sports betting in North Carolina. The terms of the deal state that the...
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 Michael Molter | Oct 30, 2019 2:08 pm | Regulatory
The NCAA has strongly opposed compensation for student-athletes in the past. Because of California, the NCAA was required to reexamine their position. Many regulations are still to be created regarding the payment of student-athletes. INDIANAPOLIS – The NCAA is...
by Michael Molter | Sep 30, 2019 5:40 pm | Regulatory
California became the first state to support student-athlete compensation with their passage of CA SB 206. Also known as the Fair Pay to Play Act, the bill allows student-athletes to profit off their name, image, and likeness. The NCAA has warned California...
