State Senator John McKeon proposes a bill in New Jersey to hike tax rates on iGaming and sportsbook revenues to 30%, aligning with neighboring states’ rates. This move aims to ensure competitive tax structures and potentially boost state revenue streams.
Digital Wager Wire
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Georgia’s sports betting legislation withered in legislative debates following numerous amendments and disagreements over revenue allocation. The bill failed to progress due to differing opinions on how to earmark the generated funds, signaling a setback for the state’s sports betting aspirations.
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The Coquille Tribe’s bid to establish a new casino sparks controversy as neighboring tribes unite against it. Experts warn of detrimental effects on local gaming dynamics, questioning the legitimacy of expanding operations over 150 miles away from the tribe’s reservation.
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Discover the gray area of daily fantasy sports in South Carolina, where sports betting is prohibited but DFS operates without regulation or taxation. With neighboring North Carolina legalizing sports betting, the debate intensifies, pitting moral concerns against potential state revenue.
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The e-tab machines dotting the North Dakota landscape generate revenues for charities throughout the state but they could also be a source of money laundering, fears the head of the state’s Gaming Division.
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Sports betting in South Dakota is growing in popularity even if they are all located in and around the iconic cowboy town of Deadwood. The Western-style community has seen increasing traffic and much of it is coming from a younger demographic who want to drink, eat, and bet on sports.
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State Representative Kera Birkeland, the sponsor of HJR24, a bill that would allow a state-run lottery in Utah, faces long odds of her lottery legislation passing the state legislature but she is not giving up and believes it is an idea whose time has come.
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Georgia State Senator Clint Dixon’s sports betting bill, SB 386, has been languishing in the House since passing through the Senate several weeks ago and the deadline looms large as the bill, and its companion SR 579, must be approved by March 28th in order for it to go to the voters in November.
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There are many stakeholders in the Minnesota sports betting landscape, some with similar interests while others have vastly different agendas. Needless to say, the legislature has been cobbling together a compromise package that will hopefully allow everyone to agree even if no one is getting exactly what they want.
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In response to rising harassment in sports betting, West Virginia lawmakers propose legislation granting power to the Lottery Commission, mirroring Ohio’s actions. This move aims to safeguard athletes, coaches, officials, and staff from abusive behavior, echoing growing concerns over sports integrity and player safety.