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Louisiana Sports Betting Tax Could Be Doubled By Lawmakers
On Monday, the House Appropriations Committee voted 20-1 in favor of a bill that proposes doubling the Louisiana sports betting tax. House Bill 639 would raise the tax rate from the current 15% to 32.5% for online
Missouri Plans To Rollout Licensed Betting This Year
Missouri sports betting is set for operation later this year, according to Gaming Commission chairman Jan M. Zimmerman. Zimmerman commented, “The staff is keenly aware of how anxious people are to get sports wagering
Hawaii Sports Betting Bill Fails
The plan to legalize sports betting in Hawaii will have to wait another year as lawmakers failed to agree on the details of the bill. Rep. Daniel Holt’s House Bill 1308 had made progress, passing committees in the
Michigan Sends Cease-And-Desist Letters To Offshore Sportsbooks
Two Panama-licensed offshore sportsbooks, BetOnline and SportsBetting, received cease-and-desist letters from the Michigan Gaming Control Board (MGCB). The two sites have 14 days to respond to the order, after which
US Betting Handle Passes Half A Trillion Dollars
Americans have placed bets totaling over $500 billion since the US Supreme Court paved the way for legal sports betting in 2018. Betting was up from last year in March, totaling over $15 billion. This is the highest
Oklahoma Sports Betting Bills Passed In Senate Committee
The Senate Business and Insurance Committee passed two bills on Thursday that could bring Oklahoma sports betting. The committee voted 8-1 in favor of passing House Bill 1047, which proposes allowing the state’s
CFTC Cancels Roundtable Over Sports Prediction Markets
The Commodity Futures Trading Commission (CFTC) announced that a roundtable to discuss sports prediction markets, scheduled for April 30th, will not take place. Many stakeholders opposed to the spread of event contracts
Hawaii Governer Will Likely Approve Legal Sports Betting
Gov. Green gave signs that he would approve any bill to bring legal sports betting to Hawaii, as long as it has proper safeguards in place. Green commented, “Look, as long as there’s some safeguards with gambling
Nebraska Online Sports Betting Bill Fails
Sen. Eliot Bostar’s bill to bring Nebraska online sports betting was withdrawn on Wednesday. Bostar introduced bill LR20CA in January, and it initially made progress, winning approval in a 27-16 vote. However,
Lawsuit Challenges Florida Online Sports Betting
The Seminole Tribe started offering Florida online sports betting more than a year ago, but a lawsuit filed on Wednesday claims voter approval is needed. Protect the Constitution LLC filed the lawsuit on Wednesday in