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Tag: Indiana

  • Attorney General Wants To Fund Pensions With Kentucky Sports Betting Revenue
    Dec 03, 2018December 26, 2023 Andy Nelson
    Kentucky sports betting has gained a powerful ally. In a recent letter to state legislators, Attorney General Andy Beshear called for lawmakers to pass an expanded gambling bill that includes legal sports betting. “The solution is not to cut legally promised benefits but to create a new dedicated stream of revenue solely for pensions,” Beshear wrote. “The answer is simple – expanded gaming.” Kentucky…
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  • NBA Sports Betting Plan Follows Yogi’s Advice: When You Come To A Fork In The Road, Take It
    Nov 06, 2018November 6, 2018 Andy Nelson
    That's one thin tightrope Dan Spillane will attempt to walk in executing the NBA sports betting plan in 2019. The league's senior vice president of governance and policy detailed in a Gambling Compliance article ($) how the NBA will simultaneously handle private agreements and public legislation. The NBA plans more deals like its $25 million agreement with MGM Resorts, but also will keep pushing the…
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  • Judge: New York Daily Fantasy Sports Are Illegal Gambling; What’s Next For DraftKings, FanDuel?
    Oct 30, 2018October 30, 2018 Andy Nelson
    The future of is suddenly in jeopardy in New York daily fantasy sports. The ruling by New York Acting Supreme Court Justice Gerald W. Connolly holds that DFS contests — and their enabling legislation — fall under constitutional prohibitions against gambling. NEW: state judge in New York declares daily fantasy sports contests to be gambling, not games of contest. Cornelius Murray, lawyer who brought the #DFS…
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  • Upcoming DFS Vote Could Be A Window Into Appetite For Louisiana Sports Betting
    Oct 27, 2018July 10, 2023 Andy Nelson
    If Louisiana wants to gauge residents’ temperature on sports betting, the state’s top gaming regulator says to use the November vote on daily fantasy sports as a starting point. “The same kind of people that play fantasy sports are the kind, at least a portion, that are going to bet on sports,” Jones told the Senate Judiciary B Committee on Wednesday. The seven-member committee…
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  • NCAA Rejects Integrity Fee Concept In Laying Out Sports Betting Requests To Indiana Lawmakers
    Oct 25, 2018December 3, 2023 Andy Nelson
    Once again, Indiana is acting as the testing ground for a sports body's effort to influence sports betting legislation. Months after the NBA and MLB debuted their proposed framework there, the NCAA is following suit, but rejecting the so-called integrity fee concept. The governing body of college sports submitted testimony during a sports betting hearing conducted last week: The NCAA — in what appears to be…
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