Sports betting

Delaware Considers Overhaul of Sports Betting: Proposal Opens Door to Multiple Operators, Challenges Exclusive Contract Model

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, North America Casino News, Online gambling regulation, Gaming Industry News, Licensed online casinos in USA, Delaware, Sports betting, Online Gambling News
In a move aimed at revitalizing Delaware's sports betting landscape, State Representative Frank Cooke (D-New Castle) has introduced legislation to allow multiple sports betting vendors to operate within the sta...

DraftKings and Flutter Stocks Dip After Illinois Budget Agreement Introduces Tax Hike on Sports Betting

Johnny K.
U.S.A., Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Sports betting, Taxation, Illinois, Taxes
Shares of major sports betting companies, including DraftKings and Flutter, experienced significant declines following the approval of a substantial tax increase on sports bets in Illinois. The state's fiscal 2...

Illinois Senate Adopts Progressive Tax Plan for Sports Betting, Offers Relief for Operators; House Vote Next

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Mobile gaming, Horse Racing, Sports betting, Online Gambling News, Taxation, Illinois, Taxes
In a significant legislative move, the Illinois Senate passed a bill late Sunday night that aims to transform the state's sports betting tax structure into a progressive system based on operator revenue. The ch...

ComeOn Group Enhances Personalization Strategy with Optimove Partnership to Boost Sports Betting Growth

Johnny K.
Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Technology, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships
Leading iGaming operator ComeOn Group is enhancing its data-driven personalization approach by extending its collaboration with Optimove. Utilizing its proprietary platform technology and sophisticated data war...

Pennsylvania’s Online Sports Betting Tax: Navigating Legislative Shifts and Industry Dynamics

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, North America Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, Online Gambling News, Taxation, Sports betting, Taxes, Pennsylvania
Pennsylvania stands at a critical juncture in its online sports wagering industry, grappling with the implications of potential tax hikes amid a rapidly evolving regulatory landscape. As neighboring states impl...

CFG Challenges Sports Betting Alliance’s Opposition to Illinois Sports Betting Tax Hike, Urges Evidence-Based Policy Decisions

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Taxation, Sports betting, Illinois, Taxes
As gambling initiatives unfold across the U.S., the Campaign for Fairer Gambling (CFG) closely scrutinizes developments, particularly in Illinois. Governor J.B. Pritzker's proposal to raise the tax on legal spo...

Civil Rights Activist Rev. Al Sharpton Raises Concerns Over DraftKings and FanDuel “Gambling Duopoly”

Vanja Mitic
Latest Casino and Gambling News, U.S.A., Unsavory reports, Gaming Industry News, Mobile gaming, Licensed online casinos in USA, Online Gambling News, Sports betting
Renowned civil rights activist Rev. Al Sharpton has penned a letter to the Federal Trade Commission (FTC), expressing concerns about what he describes as a "gambling duopoly" controlled by DraftKings and FanDue...

DC OLG Reports Successful Transition to FanDuel Sports Wagering Platform; $30 Million Handled in First Month

Vanja Mitic
Washington D.C., Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Technology, Mobile gaming, Licensed online casinos in USA, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships
The DC Office of Lottery and Gaming (OLG) celebrates a triumphant shift to FanDuel as its premier sports wagering platform, marking a period of substantial growth and revenue generation. A lucrative transiti...

Laguna Development Corporation and Caesars Sportsbook Launch In-Person Sportsbooks at New Mexico Casinos

Johnny K.
Latest Casino and Gambling News, U.S.A., Casino News, World Casino News, North America Casino News, Casino expansion projects, Gaming Industry News, Sports betting, New Mexico
Laguna Development Corporation (LDC) has announced a strategic partnership with Caesars Entertainment, Inc. to launch multiple in-person sportsbooks across their gaming properties in New Mexico. The new Caesars...

Massachusetts Sports Bettor Faces Wagering Limits After Big Super Bowl Win, Prompting Public Regulatory Hearing

Vanja Mitic
Latest Casino and Gambling News, North America Casino News, Online gambling regulation, Gaming Industry News, Mobile gaming, The Players Lounge, Online Gambling News, Sports betting, Massachusetts
A Massachusetts sports bettor encountered unexpected limitations on their wagering accounts following a significant win during Super Bowl 58. With a $13,500 cashout on a $375 bet for any non-quarterback throwin...

New Jersey Casinos See $511 Million Win in April, Second-Best Month for Online Gambling

Vanja Mitic
Latest Casino and Gambling News, North America Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases, New Jersey
New Jersey's casinos, horse tracks, and online partners experienced a significant upswing in April, reporting total winnings of over $511 million, marking a notable 10.4% increase from the previous year, accord...

Q1 2024 Sets Record for U.S. Commercial Gaming Revenue, iGaming and Sports Betting Hit All-Time Highs

Johnny K.
U.S.A., Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Sports betting, Financial Press Releases
The United States commercial gaming industry reached a new milestone in Q1 2024, with revenue hitting a record $17.67 billion. This achievement marks the 13th consecutive quarter of growth for the sector, accor...