Posts Tagged ‘Sports Betting’
Atlantic City Taxes Focus Of New NJ Sports Betting Bill
There is a bill in the NJ State Senate that would redirect tax funding to Atlantic City. The funding would be used for property tax relief. AC Mayor Marty Small refers to the bill as AC getting its slice of the pie. ATLANTIC CITY, N.J. – Atlantic City might be getting a cut of New…
Read MoreSports Betting Revenues Up Across Nation Compared To 2020
Every state with a legalized sports betting industry, with the exception of Oregon, saw an increase in sports betting revenue in September 2021 compared to September 2020. Michigan and Colorado saw the largest increases in sports betting revenue, with Michigan seeing a 520.1% increase and Colorado a 443.9% increase. TALLAHASSEE, Fla. – Seventeen of the…
Read MoreThird Sports Betting Ballot Proposal Filed In California
The California Solutions To Homelessness and Mental Health Support Act was filed on August 31, and – if approved – would be on the ballot for the 2022 elections. The ballot measure is the third regarding sports betting to be filed in California; one proposal is already slated to be on the ballot. SACRAMENTO, Calif.…
Read MoreOnline Gambling Market To See Huge Growth Over The Next Five Years
The online gambling market could see a huge Compound Annual Growth Rate (CAGR) increase over the next five years, projections suggest. Sports betting has played a crucial role in online gambling’s overall market growth. LAS VEGAS – The online gambling industry is predicted to have a Compound Annual Growth Rate (CAGR) of 11.94% from 2021…
Read MoreSportsbooks To Launch In Deadwood, South Dakota In September
South Dakota’s sports betting regulations will likely allow for sportsbooks to launch in the town of Deadwood by Sept. 9. These sportsbooks will have several legal and physical limitations placed upon them. However, this is a quick turnaround on regulations for the industry that should see SD sportsbooks get in on some NFL betting action.…
Read MoreSnoqualmie Casino Links With IGT To Prep For Betting Approval
The Snoqualmie Casino has partnered with IGT to provide sports betting solutions. Sports betting in Washington is pending federal approval. This partnership should allow the Snoqualmie Casino to hit the ground running when it is approved. SNOQUALMIE, Wash. – International Game Technology is expanding to another American casino, this time in Washington. The Snoqualmie Casino…
Read MoreFanDuel IPO Delayed Amidst Multiple Controversies
FanDuel was prepared to launch an IPO, but those plans have changed. The proposed IPO will be delayed amidst the departure of CEO Matt King. FanDuel is currently involved in a court case with Fox Corporation regarding the price of a stake in the company. LAS VEGAS – FanDuel, one of the largest sports betting…
Read MoreFlorida Passes Sports Betting Bill, Could Launch By October
The sports betting bill in Florida was passed by both the Senate and the House. The deal is awaiting approval by the federal government before the final regulations can be put in place. Sports betting could launch by October 15. TALLAHASSEE, Fla. – Sports betting fans in Florida will soon see their own regulated market…
Read MoreIndiana Gambling Expansion Incoming With New Compact Signing
Indiana Governor Eric Holcomb has signed a new compact with Pokagon the Band of Potawatomi Indians to expand gambling in Indiana. The Pokagon Band of Potawatomi Indians will be able to add new games to their Four Winds Casino operation in South Bend. The compact is awaiting federal approval. SOUTH BEND, Ind. – Indiana gambling…
Read MoreAll-Inclusive Gambling Bill Passes Through Alabama Senate
Alabama’s gambling bill has passed the State Senate. The bill now goes to the state house, and from there will need to be approved by the voters. This bill would legalize a state lottery as well as casino gameplay and sports betting LAS VEGAS – Alabama is hardly the first state that people think of…
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