by Michael Molter | Feb 27, 2025 11:06 am | Legal
Florida lawmakers are pushing HB 953 and SB 1404 to criminalize sweepstakes gaming, with harsh penalties for operators and participants. The bills leave the Seminole Tribe’s exclusive gaming compact untouched, raising concerns about a potential monopoly over online...
by Michael Molter | Feb 26, 2025 10:09 am | Legal
Rep. Thomas Stevens filed Vermont sports betting bill H 133 which would repeal the statutes for sports wagering and the state’s lottery. In Maryland, Senator Joanne C. Benson filed measure SB 1033 which repeal online sports wagering beginning January 1, 2026. While...
by Michael Molter | Jan 30, 2025 2:42 pm | Revenue
Basketball was the most bet on sport in Vermont for 2024. The first year of action saw VT sportsbooks collect nearly $200 million from sports bets. The State of Vermont received over $6.3 million in sports betting taxes from Year 1. Tennis saw a high percentage of...
by Michael Molter | Aug 6, 2024 4:28 pm | Legal
DraftKings will implement a surcharge on bettors’ winnings in four states with higher-than-average tax rates on sports betting. Critics argue that the surcharge undermines transparency and that changing odds is better than integrating a surcharge. NEW YORK – Starting...
by Zachary Kelley | Mar 27, 2024 12:48 pm | Regulatory
NCAA President Charlie Baker stated that the NCAA aims to ban college prop betting across the country. Maryland, Ohio, and Vermont have already removed college prop bets from their regulated sportsbooks. The college prop bet bans don’t apply to internationally...
