Category: Legal Sports Betting

Entering Thursday’s second legislative hearing of the year on Illinois sports betting, Rep. Bob Rita has yet to hear any reason why the state can’t fulfill the governor’s request for $200 million upfront in licensing fees. One surprise in last month’s hearing on IL sports betting was that none of the stakeholders spoke against the $10 million required per license. “We think it’s possible…

The twisting road toward legal Tennessee sports betting appears pointed toward the governor's desk after a whirlwind day at the state legislature. A heated floor debate ended with H 1 comfortable clearing the House, 58-37, at midday Wednesday. Within hours, its Senate companion bill, S 16, moved quickly through the chamber's Finance Committee and into Calendar to schedule a floor vote. With the legislature…

The Iowa legislature has authorized the state’s casinos and racetracks to build sportsbooks, and it doesn’t take a giant leap of faith to know that people will come, Ray. People will most definitely come. Bill sponsors Rep. Bobby Kaufman and Sen. Roby Smith told Legal Sports Report that SF 617, passed by the Senate last week, would clear the House on Monday. Sure enough, their colleagues…

Casino operator Delaware North is suing the company that was providing its sports betting platform in West Virginia, after it was forced to shut down all wagering last month. The basics of the WV sports betting shutdown and lawsuit Miomni had been the supplier for WV sports betting for Delaware North at its two casinos — Mardi Gras and Wheeling Island casinos — as…

Editor's note: this is a guest column from Scientific Games. Ahead of his appearance at Betting on Sports America, Benjie Cherniak, Managing Director of Don Best Sports, Scientific Games’ U.S. managed trading service, outlines the steps required to ensure a safe environment for college sports betting: Even in the months leading up to the repeal of PASPA in May 2018, we saw a flurry…

Tennessee sports betting narrowly escaped the House Finance Ways and Means Committee on Wednesday after a tense discussion of H 1. The shape-shifting bill now featuring hefty license fees and revenue taxes passed on a 10-9 vote, hours after clearing a related subcommittee. It will head to the House floor Monday and if passed, could be taken up in the Senate as early as…

An effort to expand sports betting statewide through the lottery could doom efforts in North Carolina, warns the Senate sponsor. Sen. Jim Davis got S 154 passed in the Senate last week. It's an NC sports betting bill that authorizes wagering at two casinos on the Eastern Band of Cherokee Indians reservation in his district. The bill now moves to the House, where Davis sees a…

It's been nearly a year since Colorado lawmakers first discussed the possibility of legal sports betting in public, and the time for action has come. This week, casino operators had the chance to offer feedback on preliminary language for a new CO sports betting bill. Reviewed by Legal Sports Report, the draft being circulated includes provisions for both physical sportsbooks and statewide mobile betting under a manageable…

PA sports betting performed well last month as March Madness betting buoyed bookmakers throughout the nation. Keystone State bettors put up more than $44.5 million in March and PA sportsbooks held better than $5.5 million. That hold of nearly 12.5 percent triples the $1.9 million in revenue Pennsylvania operators made in February. Cutting into that robust hold is the heavy tax rate on PA…

Sports betting passed through its second legislative chamber in Indiana, though it’s going to take overtime to get the bill right. Following a flurry of minor changes made on the House floor Thursday, bill sponsor Sen. Jon Ford told Legal Sports Report that he expected a House vote to approve S 552 today, which needed to happen for the bill not to die. The bill now…