Virginia Senate rejects Gov Glenn Youngkin’s amendments tightening regulations on skill games, resembling slot machines. The amendments aimed to restrict game locations, increase taxes, and limit the number of machines. Debate ensues over gaming legislation and its potential impacts on small businesses and communities.
Digital Wager Wire
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In 2023, New York’s sports betting market boomed, with over $19 billion wagered, a 20% increase from 2022. FanDuel led with $8.10 billion in mobile bets, outperforming DraftKings and Caesars. The industry’s growth hints at a promising future despite regulatory challenges.
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Maryland’s House Bill 1524 aims to rejuvenate horse racing, shifting Pimlico’s ownership to the state and investing $400 million for renovations. The move targets younger audiences, embracing modern trends like online wagering, while preserving the legacy of the iconic Preakness Stakes venue.
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Industry News
Historical Horse Racing Approval in Minnesota Triggers Swift Legal Action by Sioux Tribe
A recent approval by the Minnesota Racing Commission to grant horse tracks in the state the ability to offer historical horse racing machines has triggered a backlash from a Minnesota Indian tribe that is asking an Appeals Court to rescind the regulatory change.
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Although many believed Maryland had a legitimate chance of passing online casino gaming legislation this year, it did not happen and the author of the bill has stated he won’t try again until 2026.
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Maine’s LD1777 bill, proposing online casino gambling, was narrowly defeated in the House. Despite hopes for Senate support, concerns linger over tribal exclusivity and revenue sharing. The fate of iGaming in Maine hangs on legislative maneuvers as April’s end approaches.
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Skill-based games, or gray market machines, popular in Virginia had gotten legislative support but when the bill reached Virginia Governor Glenn Youngkin’s desk he took a red pen to much of it, making the law far more restrictive.
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The Confederated Tribes of the Colville Reservation are facing a crucial federal approval process for their Tri-Cities casino project in Pasco, Washington. The project’s viability is being challenged by the Yakama Nation, but a critical hearing on April 24th will determine its fate.
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The Maryland Senate declined to discuss the online casino gambling bill, dashing hopes for its adoption this year. Proponents cite revenue needs, while opponents fear cannibalization of existing casinos. The fate of iGaming may rest with Maryland voters in 2026.
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Amendments to the gaming compact between the state of Kansas and the Iowa Tribe will allow sports betting on the Iowa’s tribal land pending approval from the governor and the U.S. Department of the Interior.