Discover Maine’s sports betting landscape, from changes in wager amounts to revenue fluctuations. With DraftKings dominating the market and potential boosts from events like the Olympics, the state’s betting scene promises an intriguing journey ahead.
Digital Wager Wire
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The NCAA is advocating for a ban on college player prop betting to protect athletes from harassment and potential game rigging. Understand the rationale behind this push and the legislative responses from various states.
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Industry News
FanDuel Closing in on Deal to Acquire Bally Sports TV Channels from Diamond Sports Group
FanDuel is close to taking over operations of 18 Bally Sports TV channels from Diamond Sports Group (DSG). This move, contingent on DSG resolving its bankruptcy, would significantly expand FanDuel’s media presence, particularly in major markets lacking legalized sports betting.
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Shohei Ohtani’s former interpreter, Ippei Mizuhara, has pleaded guilty to bank and tax fraud, admitting to siphoning $17 million from Ohtani’s account to cover gambling debts. Ohtani, cleared of any involvement, expressed relief and gratitude for the swift resolution.
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Discover how DraftKings dominates its home turf in Massachusetts, outshining FanDuel and other competitors in Q1 revenue reports. Learn about the Massachusetts Gaming Commission’s concerns over sportsbooks limiting winning bettors and the impact on the sports betting landscape.
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Illinois Governor JB Pritzker signed a bill raising taxes on mobile and retail sportsbook revenues. Starting July 1, 2024, the tax rates range from 20% to 40% based on Adjusted Gross Revenues, aiming to generate $1.1 billion in new taxes annually.
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Senator Joseph Addabbo has introduced a bill to expedite the licensing for three downstate New York casinos, pushing for a March 31st deadline. With the legislative session ending on June 6th, Addabbo aims to accelerate the process, addressing delays and linking iGaming to the new licenses.
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Senator Joseph Addabbo has introduced a bill to expedite the licensing for three downstate New York casinos, pushing for a March 31st deadline. With the legislative session ending on June 6th, Addabbo aims to accelerate the process, addressing delays and linking iGaming to the new licenses.
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Senator Joseph Addabbo has introduced a bill to expedite the licensing for three downstate New York casinos, pushing for a March 31st deadline. With the legislative session ending on June 6th, Addabbo aims to accelerate the process, addressing delays and linking iGaming to the new licenses.
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In its first full month of operation, North Carolina’s sportsbooks generated $105.3 million in gross sports betting revenue. April’s total handle reached $648.9 million, making North Carolina the fifth state to surpass $100 million in operator revenue.