Regulation for Daily Fantasy Sports & Sports Betting Sites

This Bookmaker Should Be Happy About Illinois Sports Betting Mess, And It’s Not Rivers

The agenda for today’s Illinois Gaming Board meeting does not mention Rush Street, DraftKings, or FanDuel in the sports betting section. In reality, though, any discussion of sports betting in Illinois returns to those bookmakers. Governor J.B. Pritzker‘s abrupt move Friday to restore the state’s in-person signup requirement for sports wagering accounts assures it. Outside […] Read More

Posted on: July 30, 2020 | | Adam Candee

More Licenses Added As MA Sports Betting Bill Clears House

A proposition to legalize sports betting in Massachusetts got a lot more attractive Monday to online operators not named DraftKings or FanDuel. Read More

Posted on: July 29, 2020 | | Matthew Waters

It’s The Right Time To Repeal Federal Sports Betting Tax, Says Bill Sponsor

Opposition to the federal excise tax on sports betting, which makes operators pay 0.25% of all handle to the US government, is nothing new for US Rep. Guy Reschenthaler. Read More

Posted on: July 29, 2020 | | Matthew Waters

The Week In Sports Betting News: Making A Big Mess Even Bigger And Messier

Happy Monday, everyone. Major sports are back with MLB‘s return last week, but sports betting enthusiasts are waiting impatiently to see what the news of a coronavirus outbreak in the Miami Marlins‘ clubhouse will mean for the season. Last week included a Senate Judiciary Committee hearing featuring some out-of-touch takes on sports betting. Hear more […] Read More

Posted on: July 27, 2020 | | Matthew Waters

MGM Exec: Esports Betting Upside Uncapped Thanks To Low Competition

Lovell Walker, head of esports at MGM, said esports betting had “unknown upside” because no-one had really taken time to figure out the sector yet. Read More

Posted on: July 27, 2020 | | Brad Allen

Springfield Shocker: Illinois Sports Betting Remote Registration Ends Today

Governor J.B. Pritzker abruptly rescinded remote registration for mobile Illinois sports betting accounts as of tomorrow, effectively ending DraftKings‘ plans to launch its app in the state for now. Pritzker issued Friday a new Gubernatorial Disaster Proclamation and he will no longer suspend the state’s in-person registration requirement. He reissued a number of executive orders […] Read More

Posted on: July 26, 2020 | | Adam Candee

Massachusetts Sports Betting Gets New Life Through Jobs Package

A late economic development package submitted in Massachusetts could lead to another state legalizing sports betting in 2020. H 4879 from the House Committee on Ways and Means would legalize a number of things in the state, including online and retail MA sports betting. The bill should pass the House but will face more scrutiny […] Read More

Posted on: July 24, 2020 | | Matthew Waters

Federal Handle Tax Targeted In New Bipartisan House Bill

The co-chairs of the recently-relaunched Congressional Gaming Congress introduced bipartisan legislation Friday to end the federal excise tax on legal sports bets. Rep. Dina Titus (D) of Nevada and Rep. Guy Reschenthaler (R) of Pennsylvania co-sponsored a bill that would repeal the long-standing 0.25% tax paid on the handle for legal wagers. US sports betting […] Read More

Posted on: July 24, 2020 | | Matthew Waters

Rhode To Redemption? Mobile RI Sports Betting Bill Signed

Nearly a year after mobile RI sports betting launched, the state legislature finally righted a major flaw in the law. Rhode Island Gov. Gina Raimondo signed SB 2919 and HB 8097 Thursday to allow potential bettors to complete account registrations without going to a casino. The bills overwhelmingly passed in each chamber. Previously, the registration process […] Read More

Posted on: July 23, 2020 | | Matthew Waters

How DraftKings Will Skate Away From Illinois Sports Betting Penalty Box

It looks like DraftKings Sportsbook found a way to avoid the penalty box in Illinois. Casino Queen will be rebranded as DraftKings at Casino Queen as part of the agreement to launch retail and online IL sports betting through the casino. DraftKings Sportsbook was one of three operators to receive a temporary operating permit last […] Read More

Posted on: July 23, 2020 | | Matthew Waters