by Jerad Paparella | Dec 17, 2021 3:54 pm | Regulatory
Chicago has lifted restrictions on stadium-based sportsbooks in the city, opening up professional sports teams to the opportunity of hosting their own sportsbook at their venue. Louisiana’s mobile sports betting industry is on-track to launch prior to this season’s...
by Jerad Paparella | Dec 10, 2021 4:23 pm | Legal
The city of Chicago is set to discuss a potential new 2% tax on sports betting revenues in the city; this would bring the effective sports betting tax rate to 19%. While many see the tax as an attempt to appease Neil Bluhm – a billionaire casino mogul –...
by Christina Monroe | Jan 14, 2021 11:50 am | Revenue
New York sports betting has grown exponentially from their December 2019 revenue figures to those seen in December 2020. The nine months of the current fiscal year has seen a total of $8.8 million in revenue for sportsbooks, even with the mandatory shutdowns that...
by Christina Monroe | Oct 15, 2020 11:29 am | Sports Betting
Virginians are expected to see online and mobile sports betting platforms in January of 2021. The Virginia Lottery Board will be accepting applications from now until Halloween for all of those involved in the sports wagering industry interested in applying. RICHMOND,...
by Michael Molter | Jul 11, 2019 1:53 pm | Sports Betting
Sports betting in Indiana can begin as early as September 1 – right in time for the NFL season. Almost every gaming establishment in Indiana has put forth the necessary paperwork for licensing approval. The sports betting regulations must first undergo a public...