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.
Category:
Industry News
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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.
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Industry News
Delaware Sports Betting Bill to Expand Number of Operators Advances to the House Appropriations Committee
Delaware lawmakers contemplate expanding sports betting to multiple operators, aiming to increase state revenue. Proposed legislation would allow partnerships with casinos and allocate funds to horse racing. Despite opposition from BetRivers, supporters advocate for a more competitive and responsive betting market.
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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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A smoking ban at Rhode Island’s casinos is delayed as the State House holds the proposal for further study. Representative Teresa Tanzi leads the push for a smoke-free environment, facing opposition from casino executives who warn of revenue and job losses.
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After all signs pointed to a genuine compromise between sports betting stakeholders in the North Star State, the process broke down in the legislature and, alas, there will be no sports betting this year in Minnesota but plenty of blame to go around.
