Sports betting

Tennessee Legislature Passes Bill for The First Handle Tax in the U.S.

The State of Tennessee announced changes in the sports wagering market as its legislators passed the SB 475 Bill on Friday to change the state's mobile sports betting tax system. The Bill will amend the existin...

NFL Suspends Five Players for Gambling Inside League’s Facilities

The National Football League (NFL) has suspended five professional players for placing bets from an NFL facility, thus violating the league's gambling policies strictly prohibiting any form of gambling inside N...

US Commercial Gaming Revenue Hit Historical $5.12 Billion in February

The U.S. commercial gaming operations started the year with full steam to continue the growth in February. According to AGA’s Commercial Gaming Revenue Tracker, the U.S. gaming industry comprising traditional c...

Arizona Tribal Gaming Generated 20% More in Tax Revenues Than Last Year

Tribal gaming in Arizona hit record levels in the first quarter of 2023 to generate the highest level of contributions from the Arizona Department of Gaming (ADG) aggregated since 2004. Following the Arizona Tr...

Oklahoma Sports Wagering Bill Rejected In State Senate; Author To Try Again Next Year

A legislation to officially legalize sports wagering in Oklahoma has been defeated in the State Senate, meaning it is dead for the ongoing legislative session. Reason for rejection: The legislation, which...

PointsBet Selling Its U.S. Operations to Focus on Australian Market

After an extended period of struggle to win a larger US market share, the Australian-based sports betting giant PointsBet has decided to sell its U.S. operations. As Front Office Sports reports, the company has...

Novomatic Reports 55% Revenue and 230% Profit Increase in 2022

Novomatic AG, the Austria-headquartered  gaming equipment developer, and operator reported that the group generated gross revenue of EUR2.86 billion (US$3.14 billion) in the financial year 2022 which represents...

New York Sports Betting Hit Record $163.6 Million Revenue in March

New York sports betting operators had a record monthly performance in March. According to the source, the New York State Gaming Commission reported that the sports betting operators in the Empire State generate...

Illinois Casino Profits Fell By $200M Compared To 2012; Chicago Wagers On Casino

For decades, the casino industry has been one of the major contributors to the Illinois economy. However, things have changed; as from 2012 to 2022, the same industry saw a $200 million decline, according to da...