Louisiana House Approves Reduced Sports Betting Tax Hike
The Louisiana House of Representatives approved a bill that will increase sports betting tax on Tuesday, but at a reduced rate from the original proposal.
Sportsbetting News
Brazilian Judge Sides With BetNacional In Lawsuit Over Underage Betting
A judge in Brazil has denied a request for the suspension of BetNacional and its parent company, NSX operations, in a $88.3 million lawsuit.
Arizona Latest State To Issue Kalshi Cease-And-Desist Letter
Arizona has issued a cease-and-desist letter to prediction markets operator Kalshi, joining the six states that took the same action last month.
CFTC To Hold Call WIth Tribal Leaders Over Prediction Markets Next Week
The Commodity Futures Trading Commission (CFTC) has scheduled a conference call for May 29 with tribal betting leaders to discuss the state of sports prediction markets.
Maryland Signs Sports Betting Tax Hike Into Law
Maryland's Governor has signed off on a bill that will raise the sports betting tax in the state from July this year.
Irish-Based Gaming Giant Flutter Outbid By IGT To Operate Italy’s Main Lottery License
Irish-based gaming superpower Flutter have been outbid by International Gaming Technology (IGT) to run one of the world’s most lucrative lottery licenses. IGT Lands €2.23 Billion Deal To Operate Italian Lotto Earlier this year, Flutter were considered favourites in the race to land the lottery license before IGT swooped in with an offer Italian regulators […]
Caesars Launches In-Person Sports Betting In Oregon At Ko-Kwel Casino Resort
Caesars has launched its first in-person sports betting facility in the state of Oregon at Ko-Kwel Casino Resort in Coos Bay. Ko-Kwel Casino Resort Celebrates 30th Anniversary With Caesars Operation Caesars Entertainment has entered the Oregon sports betting market by launching in-person wagering at Ko-Kwel Casino Resort in partnership with the Coquille Indian Tribe. The […]
Underdog Fantasy Announces Return Of New York Draft Games
Underdog Fantasy has relaunched its draft games in New York after a two-month enforced absence. At the moment, not all daily fantasy sports (DFS) products are available, for example, against-the-house or the P2P version of the Underdog pick’em product.
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.
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.