Ohio Proposes Tax On Sports Betting Handle In Addition To Revenue
A bill introduced last week in Ohio proposes making the state the first in the US to place a tax on the betting handle in addition to gaming revenue.
Sportsbetting News
Online Casinos Must Pay Higher Taxes, Say Horse Racing Leaders
Senior horse racing leaders have spoken out against raising tax rates to align with UK online casinos, which currently pay a higher rate.
TGP Europe, Sponsor Of 5 Premier League Clubs, Exits UK Market After £3M Fine
TGP Europe, the gambling company behind 5 Premier League sponsors, has withdrawn from the UK market after a £3 million AML fine.
Lawmaker Claims Iowa Capitol Was Testing Ground For Illegal Gambling Investigation
Rep. Megan Jones has accused the Iowa Division of Criminal Investigation (DCI) of using spying software on the Iowa Capitol before monitoring student athletes for online gambling.
NCAA Considering Lifting Ban On Students Betting On Pro Sports
The NCAA could be set for a huge change as it considers lifting the ban on students betting on pro sports. Sports Illustrated is reporting there is momentum building toward the NCAA removing its ban against gambling on professional sports. What Are The NCAA’s Rules On Gambling? As it stands, student-athletes and coach or athletics […]
Rush Street Interactive Launches High School Gambling Program
Rush Street Interactive (RSI), the company behind BetRivers, has partnered with Integrity Compliance 360 (IC360) to launch a responsible gambling program for high-school students. The new initiative has been named the Gaming Literacy Aiding Decisions (GLAD). The program aims to help teenagers understand gambling and how to participate responsibly in the growing industry. Despite US […]
Jackpocket And DraftKings To Merge User Accounts
DraftKings is set to merge user accounts with Jackpocket, the lottery app it acquired last year. This consolidation aims to streamline user experience across both platforms. In a message to users, DraftKings wrote that “Jackpocket is part of the DraftKings family. In a few weeks, we’ll be merging your Jackpocket and DraftKings accounts so that […]
Chicago Pope Leo Gives Bettors Faith In Bears, Cubs And Villanova Wildcats
Hard Rock Bet and ESPN Bet reported the most bets in a single day ever on May 9th, after Prevost was elected on May 8th
DraftKings CEO Adds To Prediction Markets Talk
DraftKings CEO Jason Robins has added his two cents to the growing talk around prediction markets in sports betting. In the company’s Q1 earnings call on Friday, Robins commented, “We continue to actively monitor the events surrounding federally regulated Prediction Markets, including recent court cases.” Robins believes that the trend of companies such as Kalshi, […]
Stake Dealt Significant Blow By IPL Cricket Suspension Amid India-Pakistan Conflict
Stake has been dealt a significant blow following the suspension of Indian Premier League cricket amid ongoing conflict between India and Pakistan. The league has been suspended – initially for a week – due to security concerns as tensions continue to rise between the two countries. The news comes as a substantial hit to online […]
Flutter And PENN Entertainment Consider Launching Prediction Markets
The CEOs of Flutter and PENN Entertainment confirmed that the companies are considering launching prediction markets in the US market. Flutter CEO Peter Jackson commented on the topic during the company’s Q1 earnings call, where reported revenue was lower than expected, and prediction markets could be a way to increase company profits in the future. […]
Oklahoma Sports Betting Bills Fail To Make It Out Of Senate
Two bills that proposed to legalize sports betting in Oklahoma failed to gather enough votes to make it out of the Senate on Thursday. Both bills fell short by just one vote from progressing. House Bill 1047 would have required Gov. Kevin Stitt’s signature to be activated, but Stitt had already commented that he intended […]