Weeks after it appeared, a plan to allow Alabama residents to vote on legalizing a cornucopia of gaming had died. Now, new legislation is resurrecting the concept. The Alabama Senate passed a package of bills last week that could establish a lottery, casino gaming, and both live and online sports […]
Tag: Sports Betting
Legal Arizona Sports Betting Should Happen by Football Season
Legislation that would permit online and brick-and-mortar sports betting in Arizona passed the Arizona Senate on Monday, paving the way for legal wagers in the state by the fall, pending the governor’s signature. Arizona legislators moved the companion bills Senate Bill 1797 and House Bill 2772 through their chambers, with […]
Legalized Wyoming Sports Betting Now Likely After Senate OKs Bill
Sports betting in Wyoming now has a clear path to legalization after the state Senate handily passed a bill establishing parameters for wagers in the state. On Monday, the Senate passed House Bill 133 by a 24-5 vote with one abstention after only minor revisions to the legislation. The bill […]
Connecticut Hopes to Move Quickly on Online Sports Betting, Casino Games
Connecticut Gov. Ned Lamont’s administration said last week that gamblers in the state may be able to bet on football on their cell phones in time for the NFL kickoff on Sept. 9. “By the time of the start of football season in the fall, we should be up and […]
Wyoming Sports Betting Bill Passes Senate Committee Vote
A Wyoming online sports betting bill cleared another hurdle in the Wyoming Legislature on Thursday, passing a first vote in the Senate. After a contentious hearing, House Bill 133 passed a vote in the Senate Appropriations Committee by a 4-1 margin. The Cheyenne Post noted the legislation must still clear […]
Wyoming Moves Forward on Online Sports Betting
After initial consternation, the Wyoming House advanced a Wyoming online sports betting bill to the state Senate. HB0133, which would make Wyoming one of the few online-only sports betting markets in the US, passed 32-28 on Wednesday in a reconsideration vote, a day after being voted down by the same […]
Bally’s Prepares for Wide Sports Betting Legalization with MKF Purchase
Bally’s Corporation’s purchase of daily fantasy provider Monkey Knife Fight positions the company to capitalize on sports betting as more states across the country legalize wagering. The company announced the purchase of the third-largest DFS operator in the US on Tuesday for $90 million in stock. The deal is expected […]
Gambling Stocks Jump After NY Gov. Cuomo Endorses Online Betting
Several gambling stocks saw notable increases in share price this week after New York Gov. Andrew Cuomo said he’s OK with legalizing online sports betting in his state to help make up a budget shortfall. Cuomo has long been an opponent of allowing online sports betting, but New York is […]
New York Online Sports Betting Could Soon Become Reality
A New York assemblyman says the state’s next revenue bill will include an online sports betting component, which could see a vote before the end of the year. Assemblyman Gary Pretlow told PlayNY that Assembly Speaker Carl Heastie solidified his commitment to include online sports betting in a revenue bill […]
Pac-12 Football Could Have Been in a Bubble, Instead it Will Kick Off this Weekend With At Least One Program Already in Jeopardy
The University of California’s Saturday night season opener against Washington may be canceled in the wake of a player testing positive for the coronavirus. On Wednesday, Cal head coach Justin Wilcox said the school will have to undergo “significant” contact tracing with players and coaching staff in the wake of […]
BetMGM Joining the Fray in Pennsylvania, Sports Handle Sets Records in 2020
BetMGM was unanimously cleared by the Pennsylvania State Gaming Control Board on Wednesday to begin offering sports betting in the Keystone State, if it can clear a final hurdle and find a land-based casino with whom to partner. A Step Closer Owned by MGM Resorts and GVC Holdings, BetMGM first […]
Wrigley Field Could Host DraftKings Sportsbook
Chicago Cubs fans may get to bet on their team at Wrigley Field whenever patrons are allowed back into games. DraftKings Plans Wrigley Field Sportsbook The Cubs announced a partnership with DraftKings to make the Boston-based company its official DFS and sports betting partner. It’s the latest in a series […]
DFS May Soon Come to Louisiana
Legislation that would set the Louisiana tax rate for DFS revenue at 8% awaits the governor’s signature, putting DFS one step closer to becoming a reality in that state. DFS Tax Revenue Will Go to Childhood Education The state Senate voted 36-0 to pass House Bill 64, which sets the […]
DFS Betting Rules May Soon be Set in Louisiana
Louisiana residents may get to bet on both sports games and daily fantasy sports in the next year. Lawmakers Try to Turn Two: DFS and Sports Betting Days after sending a bill to Gov. John Bel Edward’s desk that would let state voters consider in November whether to allow sports […]
Louisiana Voters to Likely Decide on Sports Betting in Their Parishes
It seems likely that voters in Louisiana will decide in November whether they want to legalize sports betting in the state. House Gives Overwhelming Approval On Wednesday, the state House of Representatives approved Senate Bill 130, which allows for a local option election on sports betting, by a 71-24 vote, […]
DraftKings Stock Soars as Online Gaming Booms
Despite the lack of live sports on which to offer daily fantasy games or live betting, DraftKings has seen its stock nearly double in the past month due to both the boom in online gaming and the company’s future potential. Investors See Big Potential As of midday Wednesday, the company’s […]
DraftKings Goes Public Today on Nasdaq
Players can now invest in DFS stock instead of just picking DFS rosters. DraftKings Becomes DKNG DraftKings went public on Wall Street today after announcing Thursday afternoon that its shares will trade on the Nasdaq exchange under the ticker symbol DKNG. CNN noted that the company decided to forgo the […]
Sports Betting Legislative Roundup: Looking Ahead to 2020
2019 was a monumental year in the expansion of American sports betting. After a strong start in 2018, and following the Supreme Court decision that overturned the Professional and Amateur Sports Protection Act (PASPA), there was a steady stream of legislation throughout 2019. Colorado, Illinois, Indiana, Iowa, Michigan, Montana, New […]
Legislative Roundup: Michigan Passes Sports Betting, Online Gambling Bills
The Michigan Senate overwhelmingly passed a package of bills on Wednesday that would legalize four different types of online gambling, including sports betting. The bills, which were changed slightly from their original versions, were then approved by the state House, and will now go to the desk of Governor Gretchen […]
Cardinal Sin: Josh Shaw Bet Against Arizona in Three-Team Parlay That Led to Suspension
ESPN reported that Josh Shaw bet against his own team as part of a three-team parlay, one of the wagers that led the NFL to suspend the defensive back through at least the 2020 season. Sources told ESPN that Shaw made a three-team parlay at a Caesars sportsbook in Las […]