by Michael Molter | Jul 11, 2019 2:24 pm | Sports Betting
Betting action has surpassed $9 billion since May 2018 – when PASPA was repealed by the Supreme Court. Using the hold percentage from sportsbooks is the best indicator of sports bettors’ success. Sportsbooks have seen their hold percentages decrease in every financial...
by Hasan Nabulsi | Jul 8, 2019 12:11 pm | Regulatory
Maine sports betting bill L.D. 553 passed through both legislative chambers on June 19, 2019, the last day of the legislative session.Sports betting in Maine will be offered through both retail gaming facilities and through state-wide mobile wagering apps. If the bill...
by Hasan Nabulsi | Jul 3, 2019 11:06 am | Sports Betting
SBTech is an international supplier of online sports betting and iGaming platforms. Melissa Riahei previously served as General Counsel to the Illinois Lottery. SBTech currently has partnerships with Churchill Downs, Golden Nugget, and Resorts Casino Hotel....
by Michael Molter | Jul 1, 2019 1:04 pm | Regulatory
Governor Bill Lee did not sign the sports betting measure but allowed it to become law. Legislators are unsure of a specific launch date, with answers ranging from mid-NFL season to mid-NBA season. Tennessee’s licensing fee of $750,000 marks the highest fee in the...
by Justin Ramsey | Jun 26, 2019 10:27 am | Sports Betting
The Eastern Band of Cherokee Indians (EBCI) purchased land land near Smokies Stadium. The EBCI land purchase was for $7.656 million. There is speculation that the Tribe could use the newly acquired land for sports betting purposes. NASHVILLE, Tenn. – The Eastern Band...