Georgia’s House Bill 1329, aiming to regulate daily fantasy sports and introduce casino gambling, faces a setback. The bill, seeking revenue through licensing fees and taxes, fails to advance. The state misses out on potential billions, and hopes for change are pinned on the next legislative session in 2025.
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Industry News
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Discover the pause in Virginia’s push for in-state college sports betting. Senators weigh consumer safety, revenue loss, and fears for athletes in a complex debate. Will the bill resurface in 2025?
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A betting package has advanced from the House to the Senate but that’s where it has stalled. However, the comprehensive gambling legislation is not dead but merely delayed thanks to the efforts of Senator Greg Albritton.
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The Georgia Senate has passed a sports betting bill that includes a crucial voter referendum. However, significant challenges lie ahead as the bill progresses to the House, where its fate hangs in the balance.
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A collation of the six major professional sports franchises in Missouri announced it had over 100,000 signatures but needs roughly 80,000 more before the question of sports betting will be on the ballot in November.
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Introducing Playbawk, a pioneering bingo-based sports betting app by Chicken Ranch Tribe. Despite California’s sports betting stalemate, the tribe navigates regulations, offering an innovative way to enjoy sports. With unique rules, partnerships, and enticing payouts, Playbawk aims to revolutionize gaming on tribal lands, inviting others to join the movement.
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Industry News
Proposed Illinois DFS Bill Would Regulate Fantasy Sports Separately From Sports Betting
Illinois legislators are considering two bills proposing the separate regulation of daily fantasy sports from sports betting. The Coalition for Fantasy Sports has expressed support for this legislation, emphasizing the distinct nature of daily fantasy sports and advocating for specialized oversight.
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North Carolina residents anticipating the launch of mobile sportsbooks on March 11th can now proactively exclude themselves from wagering. The state’s lottery commission has provided an online form for self-exclusion, allowing individuals to take preventive measures against potential gambling issues.
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A study by GeoComply, commissioned by the Sports Betting Alliance, reported 70,000 attempted sports bets on Super Bowl Sunday by Georgia residents trying to make a wager by attempting to access sportsbooks in neighboring states that allow sports betting.
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Governor JB Pritzker aims to raise $800 million through increased taxes on corporations and online sportsbooks in Illinois. The Sports Betting Alliance, backed by major players, suggests legalizing iGaming for a more substantial $775 million yearly revenue, emphasizing potential drawbacks of taxing sports betting.
