The US Supreme Court has decided against taking a case challenging Florida’s gaming compact. The decision means West Flagler is out of options to overturn the compact, ensuring the state’s sports betting market is safe for the first time since 2021.
Insert Excerpt - 140 characters approximately , including spaces
The Illinois House has approved the state’s 2025 budget, which includes a new progressive tax rate for the state’s eight online sportsbook. The legislature decided to make the change despite strong opposition from operators, which saw their stock prices drop.
The Illinois Senate has added a new proposal to the 2025 budget that would introduce a progressive tax rate for online sports betting operators. If passed, sportsbooks would be taxed at a rate between 20% and 40%, depending on the revenue they generate.
The fight over Florida’s controversial gaming compact has reached its final stage. West Flagler filed a brief this week, the last piece needed before the Supreme Court decides whether to take the case.
The chances of Minnesota legalizing sports betting in 2024 continue to dwindle as the May 20 deadline approaches. The bill has yet to even be discussed on the House floor and still has hurdles remaining in the Senate.
Legal sports betting in Minnesota seemed like it would need to wait another year, but a recent effort to circumvent roadblocks sets up an unexpected final push with one week remaining in the 2024 legislative session.
After years of legislative roadblocks, Missouri sports betting may soon become a reality. A ballot initiative has submitted over 300,000 signatures to allow sports betting to be voted on by the public in November, circumventing the state legislature.
The Mississippi Mobile Sports Wagering Act (HB 774), sponsored by Rep. Casey Eure (R-116), had all of its sports betting verbiage removed by a Senate gaming committee last week. It was then advanced to the Senate floor, where it was opened for further discussion.
Rep. Zack Stephenson (DFL-35A) spearheaded a deal in the Senate that increased the tax rate from a previous sports betting proposal from 10 to 20 percent. The extra 10 percent will be directed to small charities, a deal that Allied Charities Minnesota said it would be willing to support.
Rep. Paul Tonko (D-NY) announced on Tuesday that he will unveil a new set of policies that he hopes will serve as guidelines for what legal sportsbooks can and cannot do to attract audiences. The SAFE Bet Act will protect sports bettors amid the vast proliferation of the industry.
As Ali’s statement suggests, many politicians concede a variety of restrictions, such as betting on in-state colleges and universities, to control local gambling markets. However, the recent findings show that may be detrimental to the long-term safety of American gamblers.
The Alabama Senate Tourism Committee passed HB 151 and HB 152 but with numerous changes, most notably the total disregard for sports betting. They also reduced the number of possible tribal casinos to just three.
State Senators on Tuesday approved a constitutional amendment that would allow voters to decide the fate of sports betting at the November ballot. That came just one week after the Georgia Senate Economic Development and Tourism Committee advanced it in hopes of bringing sports betting to the eighth-most populated state.
The Bill, known as the Mississippi Mobile Sports Wagering Act, would authorize mobile sports betting under the condition that all sportsbook operators partner with retail establishments. The vote ended 97-14 in favor of the bill, which will now head to a Senate committee before potentially becoming law.
A committee in the Peach State’s Senate approved SB 386, a pro-sports betting bill submitted by Sen. Clint Dixon (R-45). The bill will advance to the Senate Rules Committee and could reach the Senate floor by the end of the week if all goes well.
The announcement ended a lengthy period of build-up and anticipation as the state prepares to unify its retail gambling market with a new online branch. North Carolina retail sports betting was legalized in July 2019 and launched in March 2021 at select locations, but online sportsbooks have been prohibited from conducting business.
Senate Bill 124, presented on Wednesday, January 10, would allow both in-state residents and travelers to place wagers at legal sportsbooks on games involving local schools. That includes popular teams such as Virginia Tech, the University of Virginia, James Madison University, and more.
North Carolina legalized online sportsbooks in June 2023, and is now processing license applications from sportsbooks. Gov. Cooper hopes to launch sports betting before March Madness. FanDuel, ESPN Bet, Bet365, and Fanatics signed partnership deals with North Carolina sports teams and venues.
After legalizing mobile sports betting in June 2023, Vermont sports betting will go live on January 11, 2024, with three authorized sportsbooks: DraftKings, FanDuel, and Fanatics. The state adopted a conservative approach, to promote responsible gambling.
The 13-member group submitted its findings in a 95-page report. The Mississippi legislature is planning to explore an online sports betting bill during the 2024 session, which starts on Jan. 2, though many lawmakers still oppose the expansion of gambling.
DraftKings, FanDuel, and Fanatics Sportsbook were all awarded six-year online operator’s licenses. A total of five sportsbooks submitted applications to the Vermont Department of Liquor and Lottery, and those three were selected after a thorough vetting process.
Richard Daynard, who teaches at Northeastern University, said that there are glaring similarities between marketing strategies employed by sports betting operators and tobacco companies. Following his lead, The Public Health Advocacy Institute, at which Daynard serves as president, filed a lawsuit against DraftKings in Massachusetts last Friday.
A committee that will be in charge of drafting the bill is expected to introduce a plan to legalize sports betting at a variety of retail locations. It will also focus heavily on ridding the state of illegal operators, which is a priority for Ledbetter.
Police were present at the casino at the time of the shooting but did not fire their weapons. Instead, a bystander discharged their weapon when they noticed the suspect fleeing, ultimately killing them and ending their escape attempt.
The proposals, both of which had the goal of legalizing sports betting and giving the natives cole control of the market, were submitted to the Attorney General’s office near the end of October. Their failure to receive backing from the tribes means that they are likely to fail when they go before state legislators.
During his announcement, Stitt rolled out a plan that would bring retail sports betting to facilities operated by local tribes. It would also allow Oklahomans to participate in mobile sports betting with commercial sportsbooks licensed and regulated by the state.
The Department of Public Safety confirmed Tuesday that the state has accepted and adopted a series of rules and regulations for the legal sports betting market. Operators were allowed to start pre-launch advertising and promotions and customers were allowed to create accounts as of Wednesday.
“Craps, roulette and sports betting will launch to the public on Thursday, December 7 at all three Seminole Casinos in South Florida: Seminole Hard Rock Hotel & Casino Hollywood, Seminole Classic Casino in Hollywood and Seminole Casino Coconut Creek,” the statement said.
The California Attorney General’s office received two new proposals called “The Tribal Gaming Protection Act” and “The Sports Wagering Regulation and Tribal Gaming Protection Act.” The first deals with the creation of the legal sports betting market, and the second, the rules and regulations that would govern it.
Casey Eure (R) said to 11 members of the Mississippi mobile sports betting task force that he plans to follow up on his failed sports betting bill from last year, HB 606. The bill was created with the intent of legalizing sports wagering but was later amended and led to the creation of the task force.
Representatives of Entain Foundation U.S., part of FanDuel’s parent company Entain Plc, met with state lawmakers in Atlanta on Tuesday to discuss a path to legalization next year. The topic of gaming has been broached in congress the last few years but has failed to materialize into anything concrete.
A judge in Story County granted a motion on Monday to dismiss a misdemeanor charge against DeShawn Hanika for tampering with records because the state dragged its feet. Prosecutors had 45 days to indict the accused after he waived a preliminary trial, per state law.
.webp "Fanatics Sportsbook"){kind=logo}
.png "Caesars sportsbook"){kind=logo}
