by Christina Monroe | Jan 12, 2021 3:15 pm | Sports Betting
New York, Connecticut, and Kentucky Governors all want to see some form of legal sports betting for their states in 2021. Puerto Rico has introduced a bill to launch their legal sports wagering industry that was made legal two years ago while Massachusetts will be...
by Giovanni Shorter | Jan 8, 2021 11:16 am | Sports Betting
Tennessee lawmakers approve high-risk flex loans for lenders to coincide with the Action 24/7 sportsbook. This will act as a store for sports bettors to deposit gambling funds as well. The annual interest rates are up to 279.5%. NASHVILLE, Tenn. – In an interesting...
by Christina Monroe | Jan 6, 2021 12:28 pm | Regulatory
Legal sports betting in Kentucky may come in 2021 if Governor Andy Beshear has anything to say about it. The Kentucky General Assembly started their session hearings on Tuesday and Beshear hopes a proposal for legalized sportsbooks gets presented and passed within the...
by Giovanni Shorter | Dec 28, 2020 10:41 am | Revenue
Over $131 million was wagered on sports in November, the launch month for sports betting in Tennessee. The state collected more than $2.3 million in tax revenue. The NFL season contributed to the bulk of wagers in Tennessee. NASHVILLE, Tenn. – In just the first month...
by Christina Monroe | Dec 15, 2020 11:17 am | Regulatory
Kentucky may not have enough time in 2021 to consider making sports wagering a legal industry as they will hold a shortened session. The gaming focus is slated for historical horse racing, a huge moneymaker for the Bluegrass State that has only recently been made...
