Although betting on sporting events is now legal within its borders, the Gaming Control Board has announced that Louisiana online sports betting is not quite ready for the public. The state approved and legalized sports wagers back in June, and land based sports betting launched earlier this month. Despite this, however, the regulation of gambling […]
Tag: Sports Betting and Fantasy News
Florida Sports Betting Dispute Nears an End
The complex and far reaching consequences of Florida sports betting may finally come to an end this Monday, as a Federal Judge says she will most likely issue her summary judgment on this matter by November 15th. You may recall that this case began in May when the state of Florida entered into an agreement […]
New York State Selects Mobile Sports Betting Operators
It’s been a long time coming. Now, the list of mobile sports betting operators for New York has been released, and it says a lot about the state legislature there. The two bidding parties revealed are one from FanDuel and another from Kambi. That does not mean these are the only two operators, though. The […]
Colorado and Tennessee Sports Betting Roll
At a time when we’ re seeing record gambling revenues from Las Vegas to Atlantic City, we may lose sight that Co and Tennessee sports betting are also doing well. Actually, Colorado just set a new record for their sports betting handle with simply over $408 million in the month of September. The monthly revenue […]
DraftKings & FanDuel Take on Seminoles & Florida
The battle for betting on sports in Florida has DraftKings & FanDuel going on the offense to challenge the Seminoles exclusive contract with the state of Florida. And with so much on the line, everyone is watching. The state and the Tribe entered into an agreement back in May which would bring sports betting to […]
DraftKings Entain Purchase Called Off
Sports betting has been rocking and rolling across America, but any thought of a DraftKings Entain deal will have to be put on hold… at least for now. The sports betting company had shown interest in Entain, owners associated with Ladbrokes and the Coral brands, with a proposed buyout of over $22 billion. But that […]
Sports Betting in Louisiana Ready for Launch
Several days ago, the head of the state Gaming Control Board announced that sports betting in Louisiana could be up and running by November 1st, as the first licenses are close to being issued. The regulator assured the public that applicants for sports betting licenses were in the final stages of approval. A representative from […]
Pennsylvania Sports Betting Saves the Day
Despite land-based casinos making nearly $8 million less than they did in July, Pennsylvania sports betting was able to bring in $580 million in August, which was the second highest total ever. Even though casinos in the state were down from the particular previous month, generating just over $415 million, it was still a 46% […]
New York Mobile Sports Betting Tax Now at 64%
If you thought that the proposed 50% tax rate for New York mobile sports betting was too high, then brace yourselves. The State Gaming Commission has just confirmed that the new and improved tax rate will be no less than 64%… the highest in the nation. The operators who applied for licenses to provide mobile […]
Sports Betting in New Jersey Top $1 Billion
For the first time ever, a state has taken in over $1 billion in sports wagers! The success of sports betting in New Jersey has translated to record breaking revenue, and over $7 billion handle so far within 2021. To be precise, it was the Atlantic City casinos and racetracks that raked inside $1. 01 […]