Illinois sportsbooks face another tax hike with new per-bet fees added to the existing tiered system, while DraftKings has walked away from a potential partnership with Las Vegas Sands on its Nassau Coliseum casino bid. With application deadlines nearing, Sands is still searching for a new partner for its NY project.
Digital Wager Wire
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Texas lawmakers rejected all gambling expansion efforts, stalling casino and sports betting legislation until at least 2028. Meanwhile, New York advanced Steve Cohen’s $8B Queens casino project, clearing key rezoning hurdles and moving it closer to potential licensing by the State Gaming Commission.
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Ohio targets sportsbooks with dual taxes while advancing iGaming legislation, while Louisiana explores fixed-odds horse betting to lure younger bettors.
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Missouri delays sports betting launch to Dec. 1, missing football season. Elsewhere, New Jersey reignites the casino expansion debate voters shut down in 2016.
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Las Vegas Sands exits Nassau Coliseum bid over iGaming fears, while NY Assembly greenlights land swap for Steve Cohen’s Citi Field casino.
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Industry rumors suggest Bet365 may be up for sale. Meanwhile, the 151st Kentucky Derby set records, with $234.4M in wagering.
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Kalshi’s clash with regulators highlights legal uncertainty in sports betting markets, while South Carolina eyes reform with HB 3625 gaining momentum.
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Yonkers Mayor backs MGM’s $2B casino upgrade proposal ahead of downstate license awards. Meanwhile, Ohio lawmakers reject Governor DeWine’s bid to double sportsbook taxes, citing the need for more industry impact data following a recent hike from 10% to 20%.
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Hawaii moves closer to legal sports betting, while Alabama halts efforts as Senate lacks support despite a revised bill and House approval.
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Penske Media eyes a Rolling Stone-themed Vegas casino, while Charles Barkley shows interest in owning a casino if Alabama legalizes them.