Sports Betting
The Illinois Senate passed a bill Sunday night that includes a sports betting tax hike, which stems from a progressive system based on operator revenue earnings, starting with Fiscal Year 2025 beginning July 1. Illinois Senate passed HB 4951 in efforts to establish a progressive sports betting tax for operators HB 4951 passed 37-22 after […]
Drake, the five-time Grammy-winning Canadian rapper, placed his “first cricket bet,” a $250,000 wager on Shah Rukh Khan's Kolkata Knight Riders (KKR) to win the IPL 2024 final against the Sunrisers Hyderabad (SRH). The Indian Premier League (IPL) was established in 2008. Drake won $425,000 from his $250,000 bet on KKR to defeat SRH in […]
A group of Colorado Buffaloes football players allegedly gambled at the team facility last season, according to a video posted on social media. The footage shows multiple players shooting dice on the floor and playing pool at tables within the team facility. The gambling reportedly occurred at the UC Health Champions Center. Colorado Buffaloes football […]
Detroit Lions safety C.J. Moore missed the 2023 season after the NFL issued him a year-long suspension for violating the league's gambling policy for betting on games. After Moore was reinstated in April, he reached an agreement to rejoin the Lions earlier this month. Detroit Lions safety C.J. Moore says he's no longer gambling “Super […]
The Massachusetts online sports betting tax rate will remain at 20% after a Senate discussion Thursday afternoon on the state budget. Sen. John F. Keenan (D-Norfolk/Plymouth) proposed an amendment to the Senate’s FY 2025 Massachusetts budget to increase the state’s online sports betting tax rate from 20% to 51%, a 155% increase. Amendment to increase the online sports betting […]
Q Casino & Resort will be celebrating their grand re-opening this Friday, May 24 through Memorial Day in Dubuque, Iowa. This weekend's event will feature the unveiling of adjoining spaces along with drawings for a 2023 Dodge Charger SXT AWD on Saturday, May 26 and a 2024 Dodge Hornet R/T EAWD on Sunday, May 26. Q […]
Jackpot City made its U.S. debut recently in New Jersey and Pennsylvania without an official announcement. According to the site’s front page, the online casino is now available in both states. However, the majority of gamblers are probably unaware of the operator's launch since promotions have been limited. Jackpot City began accepting U.S. wagers in […]
Civil rights activist Rev. Al Sharpton has written a letter to the Federal Trade Commission (FTC) about what he called a “gambling duopoly” of DraftKings and FanDuel that could disproportionately impact African Americans. Al Sharpton cites in letter to FTC that DraftKings, FanDuel control the majority of the sports betting market In the letter, Sharpton […]
The Kansas Lottery reported a sports betting handle of $192.1 million in April, down 24% overall from March's handle of $252.9 million. Sportsbooks held 9.4% of the money they collected, a slight increase over the 6.7% in March. Kansas sports betting handle is up 44% from April 2023 Last month's handle is up 44% from […]
Bally's is proposing up to $100,000 in gambling credit to retain high rollers in Rhode Island. This measure is backed by Senate President Dominick Ruggerio. This bill would double the gambling-on-credit limit to six figures at Rhode Island's two Bally's-run state casinos in Lincoln and Tiverton. The $100,000 gambling credit would only be available to […]
