Category: Legal Sports Betting
Legal Sports Betting issues and which USA States allow online and land gambling venues.
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A lawmaker pushing for Connecticut sports betting legislation said legislators will reconsider the inclusion of an integrity fee to professional sports leagues. After watching six states create regulated sports betting markets in 2018 without providing a cut to the leagues, Verrengia expects Connecticut to take a different approach this year. “Given the time that has passed, we’re obviously going to revisit the issue of an integrity…Read More
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This year’s SportTechie’s State Of The Industry (SOTI) conference takes place February 27-28 at Barclays Center in New York. The inaugural conference took place in February last year. Since then, US sports radically changed with state-regulated legal sports betting rolling out across the country. At the beginning of 2018, esports betting sites were the trending topic, with massive growth forecasts exciting the industry. This year, sports…Read More
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Rhode Island is the smallest state in the nation, but it's still inconvenient to have to drive to one of its two casinos to bet on sports. The state Senate took a step toward enhancing the Rhode Island sports betting industry Wednesday by voting to allow mobile wagering within the state through the Twin Rivers casinos. Following a 31-4 vote, the bill goes to…Read More
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Howdy, y'all! Welcome to the latest edition of our weekly roundup of all the sports betting goings-on in statehouses across the country. And there have been plenty of goings-on over the last week, including the addition of two more states to our map. Here are the vitals for US sports betting right this instant: States with regulated sports betting: 8 Jurisdictions pending launch: 3 States with bills on…Read More
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A new Minnesota sports betting bill takes a unique approach to handling the tax rate for the industry. Rather than tax the gross gaming revenue for operators, legislation announced Wednesday by Rep. Pat Garofalo is the first in the nation to calculate tax obligations based on the total amount wagered. Garofalo spoke to Legal Sports Report about why he chose to address the tax rate in…Read More
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New Mexico is a state known for its conspiracy theories, but an author of a bill prohibiting the state lottery from offering sports betting tells Legal Sports Report that the legislation is as simple as it seems. The legislature wants to rein in the New Mexico Lottery Authority from plans for a new game that would be tied to the outcome of sporting events. The…Read More
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With New York sports betting slowly becoming a reality, it appears not all voters in the state feel the same way about betting from their smartphones. According to a new Siena College poll, exactly 44 percent of voters support and opposethe idea of online sports betting. The other 12 percent said they had no opinion. For those out of the loop, the New York State Gaming Commission (NYSGC)…Read More
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As sports betting in America continues to expand, it seemed inevitable that casinos and media conglomerates would begin pairing off. On Thursday, one such partnership emerged. Turner Sports announced in a press release that it reached a “first-of-its-kind agreement” with Caesars Entertainment. The joint venture will allow Turner to develop “gaming-themed content” for sports fans. The sportsbook at Caesars Palace Las Vegas will soon become the home of a Bleacher Report-branded studio. While…Read More
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This story has been updated. Maryland sports betting could prove profitable for the state lottery under a bill introduced late last week. Still outstanding, however, is the question of whether Maryland voters would need to approve legal sports betting. The bill dropped by Dels. Jason Buckel and Kevin Hornberger would authorize the Maryland Lottery to conduct sports betting. Under the lottery's oversight, state horse…Read More
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A bill that essentially hands the DC sports betting contract to current lottery provider Intralot comes before the district council Tuesday morning. The wisdom behind bypassing a competitive bidding process in the name of speed continues to raise concerns in Washington, D.C. A Washington Post editorial Monday lambasted the council for its handling of the bidding, calling it a “sickening spectacle”: “Horses, whether on…Read More