Category: Legal Sports Betting
Legal Sports Betting issues and which USA States allow online and land gambling venues.
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Three more Indiana sportsbooks could launch online by the Super Bowl, according to Full House Resorts CEO Dan Lee, their casino partner in the state. At least two of them plan to launch Indiana sports betting by the end of this year: Smarkets and BetAmerica, the Churchill Down brand that runs on SBTech‘s platform. Smarkets, a European sports betting operator that’s handled more than…Read More
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This is a developing story and will be updated as warranted. This could be the attempt to legalize California sports betting that catches. A powerful coalition of Native American tribes filed this week a ballot measure for the 2020 election to change the state constitution to allow California sports betting. The measure does not appear to allow for mobile or online Bitcoin sports betting,…Read More
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Happy Monday Tuesday, everyone. Remember, the best part of having a Monday off isn’t the three-day weekend but the shortened workweek that follows. As usual, we’re here to recap what happened in the sports betting world last week. Pennsylvania gets two launches The Pennsylvania online betting industry got way more interesting last week with the launch of two pretty big products. The first significant…Read More
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FanDuel and Fox Bet‘s parent companies both reported positive momentum for the US sportsbooks, with FanDuel’s outlook still stronger than most. FanDuel’s parent company, Flutter, upgraded its guidance for expected losses in the US this year off of the sportsbook’s third-quarter momentum. It’s likely no coincidence that Flutter and Fox Bet’s parent, The Stars Group, reported third-quarter earnings on the same day. The two…Read More
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Indiana sports betting handle surged 160% in October over September to $91.7 million after the state launched mobile betting at the beginning of the month. Breaking down Indiana sportsbooks DraftKings Sportsbook was far and away the winner with $39.3 million in handle. That’s good for 43% of the state’s total after operating for nearly the whole month. BetRivers launched at the beginning of the…Read More
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Illinois sports betting will take the next step in December when casinos, racetracks and stadiums should be able to apply for licenses. Applications should be available by Dec. 19, the Chicago Sun-Times quoted Marcus Fruchter of the Illinois Gaming Board. There’s no formal timeline for when sports betting could go live in the state, though it will likely be some time in 2020. Illinois…Read More
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Now that the Michigan sports betting and iGaming bills are in the Senate, Gov. Gretchen Whitmer is back at the table for discussions. Sen. Curtis Hertel Jr. tells Legal Sports Report that he spoke with the governor’s office and industry stakeholders this week. He is working to find a middle ground on how Michigan sports betting would be taxed. The administration holds concerns that…Read More
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Three more New York sportsbooks will be up and running before the end of the year, thanks to a new deal announced Tuesday morning involving the Seneca Gaming Corporation, Kambi Group and Bragg Gaming Group. That will bring a total of 11 upstate sportsbooks that will eventually be available in New York, although online betting is still not authorized there. Where are the new…Read More
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Colorado sports betting passed in a bill in May, but whether it’s actually legalized will be decided by vote next week. Proposition DD is on Tuesday‘s ballot. The bill received strong support in the legislature, but now it’s on the public to choose whether sports betting in Colorado will commence this fiscal year. Colorado law requires all measures that would increase taxes to go…Read More
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Lawmakers in California are lining up witnesses for their first sports betting hearing of 2019. Per Legal Sports Report sources, the legislature hopes to bring stakeholders and experts to Los Angeles to testify on Nov. 20. The date is tentative, and the body’s website does not yet list a hearing on the docket for that Wednesday. Though sports betting bills have been popping up in…Read More