by Christina Monroe | Nov 23, 2020 11:33 am | Regulatory
A third member of Cincinnati’s City Council has been charged with taking bribes this year. P.G. Sittenfeld took $40,000 from undercover FBI agents to help on future projects, like a sports betting establishment. The Councilman could see up to 20 years in prison if...
by Christina Monroe | Nov 20, 2020 12:20 pm | Regulatory
Senate Bill 111 that would make sports betting legal in Ohio is still on the table until the end of the year. This legislation comes with an 8% tax rate, a cap of 22 operators for an allowance of 2 licensed brands at each of their 11 casino and retail locations, and...
by Christina Monroe | Nov 17, 2020 2:58 pm | Sports Betting
DraftKings and Flutter (FanDuel) both did surprisingly well as can be seen with the release of their Q3 reports. Illinois, Indiana, and Washington DC all saw growth in their monthly sports betting revenue numbers, showing the NFL making a big impact on gambling...
by Christina Monroe | Nov 11, 2020 9:35 am | Revenue
Indiana sports betting handle was up more than $20 million for October over September’s reported figures. Sports bettors in Indiana preferred mobile applications like DraftKings and BetMGM, who did the most business when compared to other internet platforms for the...
by Christina Monroe | Nov 10, 2020 3:13 pm | Sports Betting
Ohio still has a chance to make sports betting legal before the end of 2020. South Dakota, Maryland, and Louisiana have all voted in favor of legal sports wagering markets through the November 3 vote. Canada is seeking to legalize single-game sports betting on a...
