Georgia’s SB 386 sports betting bill awaits House approval by March 28th to secure a spot on November’s ballot. With potential revenue allocation debates and constituent interest, the fate of the legislation hangs in balance.
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HB 151, backed by Rep. Blackshear, underwent significant changes in the Senate, shedding retail and mobile sports betting. Senator Albritton pushed for its passage, but resistance led to stripping revenue generators, leaving a bill offering $350 million annually, prompting further review by Governor Ivey.
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North Carolina’s March 11th online sports betting launch indicates early metrics hinting at the Tar Heel State’s potential to join the billion-dollar handle market regularly, showcasing promising prospects for its burgeoning sports betting industry.
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Senator Matt Klein’s sports betting bill, SF1949, underwent amendments in the Senate Tax Committee before advancing to the Senate Finance Committee, signaling progress in Minnesota’s sports betting legislation and highlighting ongoing efforts to refine and shape the proposed regulations.
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An innovative plan to tax casinos based on their revenue was unilaterally amended in 2021 which has saved the casinos millions of dollars that would have been earmarked for the Atlantic County tax coffers. The county has sued to recoup those funds and the latest legal battle between the parties will play out this week.
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Belmont Park undergoes a $450 million renovation, modernizing facilities by 2026. Upgrades include dorms, medical centers, and enhanced security, aiming to rival global landmarks. Major events relocate temporarily, and Aqueduct Racetrack’s closure signals shifts in New York’s racing landscape.
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Virginia legalizes gray machines, marking a pivotal moment in the state’s gambling landscape. With SB 212 awaiting Governor Glenn Youngkin’s signature, the contentious debate surrounding these skill games has intensified. Proponents argue that legalizing gray machines will provide vital revenue streams for small businesses, while opponents express concerns about their potential to exacerbate problem gambling. The bill, co-sponsored by Senators Aaron Rouse and L. Louise Lucas, includes stringent regulations such as a minimum age requirement of 21 and a 25% tax rate on revenues. Despite bipartisan support in the Senate and the House of Delegates, Governor Youngkin’s administration has raised apprehensions about regulatory structures and public safety implications. Digital Wager Wire will continue to monitor this unfolding story as Virginia navigates its new gambling regulations.
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Vermont tourism drives mobile sports betting handle with tourists accounting for over 40% of the 52,431 active bettors in January and contributing an average bet size of $37, compared to in-state residents’ $18,
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Rhode Island online casinos launch, marking the state as the seventh in the nation to embrace this digital gaming trend in 2024. Spearheaded by Bally’s, this initiative promises significant revenue growth, with projections soaring to $56.6 million by fiscal year 2025.
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No Online Casino in New York for 2024 – Despite fervent lobbying efforts, online casino gambling remains absent from New York’s budget. Legislators like State Senator Joe Addabbo hoped for a breakthrough, but with no inclusion in the Senate’s budget or Governor Kathy Hochul’s plans, it’s unlikely to happen soon. However, proponents remain hopeful for future opportunities.
