Cincinnati mayor John Cranley is calling on Ohio lawmakers to establish sports betting under the Ohio Lottery Commission’s oversight. This would imply abandoning a measure that has already been passed by the Senate, which grants the state Casino Control Commission authority over the market. Cranley said that, should he be elected governor, he will appoint […]
We all know that there will be a ridiculously high tax on New York mobile betting. And now, the CEO of DraftKings, Jason Robins, has made an interesting statement on the issue. It is being reported that Robins believes the 51% tax rate will not be a problem for the company. While speaking at the […]
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Churchill Downs Inc. is allegedly exploring deals, including a potential sale of its sports betting unit TwinSpires. The sportsbook is the official betting partner of the Kentucky Derby and is now live in eight states, following its recent launch in New Jersey. According to Bloomberg, people familiar with the matter said the Kentucky-based company is […]
The Maryland Lottery and Gaming Control Commission announced Thursday that two more sports wagering licenses have been forwarded to a state committee for final approval, and sportsbooks at five casinos in the state are on track to open this month. The Sports Wagering Application Review Commission (SWARC) will receive the application from Long Shots, a […]
The Louisiana Gaming Control Board on Thursday granted sports betting licenses to five Boyd Gaming‘s casinos in Acadiana and Shreveport, bringing the number of state-issued sports betting licenses to 13. Louisiana Gaming Control Chair Ronnie Johns said he signed licenses for Sam’s Town in Shreveport, Treasure Chest in Kenner, Amelia Belle in Amelia, Evangeline Downs […]
Connecticut’s Governor Ned Lamont announced Wednesday that expanded gamlbing in the state, which began in mid-October with sports betting and online casino games, has generated $1.7 million in revenue. The reported amounts up to October 31, limited to less than a month. Online casino gambling brought in $1.2 million and sports betting raised about $513,000. […]
The 51% tax on revenue of the new mobile sports betting market in New York isn’t a concern for DraftKings, CEO Jason Robins said on Tuesday. The executive of the gaming giant spoke at Canaccord Genuity 2021 Digital Gaming Summit, in which he said the company is positioned to turn a profit in the state. DraftKings […]
Ohio lawmakers might have reached a possible agreement on sports betting which would satisfy all parties involved. So far, the legalization of wagering on sporting events has proved to be a tricky issue throughout the past few years, resulting in this form of gambling not yet being permitted to bettors in the state. However, this […]
At least three Missouri lawmakers pre-filed legislation on Wednesday that would support legal sports betting for residents. The move attempts to get the debate started early, before the state’s next legislative session, which begins at the start of 2022. “We need to do something. People in Missouri want to be able to bet on sports,” […]