Louisiana has banned college player proposition bets in sports betting, effective August 1, 2024, to protect the integrity of sports and the safety of college athletes. This proactive measure aligns with calls from the NCAA president and follows similar actions in other states like Ohio, Vermont, and Maryland.
Category:
Industry News
-
-
Maine’s sportsbook license term has been shortened to one year to facilitate easier record-keeping for the Maine Gaming Control Unit. Governor Janet Mills signed the legislation, aligning with the unit’s recommendation for yearly licensing over the previous four-year term.
-
Several downstate casino projects have been proposed but it appears as though more regulatory red tape will keep the state from accepting applications for three available licenses for at least another six months which would mean it could be late 2025 or later before those licenses are awarded.
-
After many previous attempts to bring sports betting to the Minnesota masses, it appears as though this most recent effort is garnering the support needed to bring the North Star State closer to the finish line.
-
Oklahoma is one of just 12 states that has not approved, licensed, and launched sports betting but it hasn’t been because of lack of effort. The support of the state’s Native American tribes is vital but thus far that approval has not been forthcoming.
-
NCAA president Charlie Baker aims to eliminate college player props betting in states allowing them. With concerns over integrity and athlete well-being, Baker urges jurisdictions to follow suit, highlighting Ohio’s recent move as a step toward safeguarding student-athletes from harassment and abuse.
-
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.
-
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.
-
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.
-
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.
