Industry News

Mississippi’s House approves House Bill 774, a significant move toward legalizing online sports betting in the state. The bill proposes a 12% tax on sports wagers, with the entire amount directed to a state fund for emergency road and bridge repairs.

Hawaii inches closer to legalizing sports betting and potentially online poker, as House Bill 2765 advances. The proposal, a significant development in a state with no legal gambling, must navigate additional committees before a March 7th Senate transfer deadline.

Discover the potential transformation of Alabama’s gaming landscape as lawmakers contemplate a comprehensive gambling bill. With plans for casinos, sports betting, and a state lottery, explore the proposed legislation’s impact and the challenges it faces in garnering bipartisan support. Don’t miss this pivotal development shaping Alabama’s future.

Virginia lawmakers are considering SB124 to legalize betting on Virginia college sports teams, expanding on the existing sports betting laws. The bill, sponsored by Sen. Schuyler VanValkenburg, aims to address the demand and prevent illegal gambling activities on Virginia college teams.

Missouri lawmakers are considering various sports betting bills, including HB 2331, SB852, and SB824. The proposed legislation involves partnerships with riverboat casinos and professional sports teams. The bills aim to legalize sports betting, addressing responsible gaming measures and establishing dedicated funding for veterans’ homes and cemeteries.

Georgia introduced a second sports betting bill with bipartisan support, backed by Lt. Gov. Burt Jones and Senate Minority Leader Gloria Butler. Estimates suggest potential revenue of $80-100 million for the state. The bill also has support from the Atlanta Braves.

The Nebraska Racing and Gaming Commission’s report concludes that the state doesn’t currently need more horse racing tracks beyond the existing six. The decision buys time to assess factors like horse availability, public interest, infrastructure improvements, and the impact of casino gambling on the state.

Prairie Band Casino and Resort in Kansas becomes the state’s first tribal casino to launch a sportsbook, following Kansas’ approval of sports betting in 2022. The casino partnered with Kambi Group for sports betting services, with revenue contributing to the tribal community.

Utah Representative Kera Birkeland proposes legalizing lotteries to address seniors’ rising property taxes. The proposal requires a constitutional amendment. Birkeland also suggests legalizing charity raffles. Utah is one of two states without legal gambling. Opposition includes the Church of Jesus Christ of Latter-day Saints and Governor Spencer Cox.

The U.S. sports betting industry has reached an unprecedented milestone, exceeding a $100 billion handle for 2023. Fueled by emerging markets like Maryland and New York’s mobile segment, the robust growth reflects a 33% increase in wagers compared to the previous year, according to the American Gaming Association. The industry’s vitality is expected to persist into 2024, with more states contemplating legalization.