"Being in the world of sports betting has been a way of honoring my late grandfather. The old New Yorker relocated to Las Vegas when I was young, and passed his years of experience betting on sports to me. My pursuit of this profession was to honor his memory, and it has kept me connected to him long after he passed."
Our Writers:
Michael Savio
GeoComply Report Shows Uptick in Attempts to Place Sports Bets in Georgia
GeoComply has reported that over 42,000 GPS checks came from the state of Georgia on Sunday alone, despite the industry remaining illegal. That number is over 100% higher than last year, with over 7,800 accounts trying to place wagers.
Nov 21, 2024
Sports Betting 
Massachusetts Regulator Holds Hearing Over DraftKings Violation
The Massachusetts Gaming Commission (MGC) held a seven-hour hearing with DraftKings officials over accepting wagers coming from credit card deposits. The operator claims those deposits were made in other states, meaning they did not violate Massachusetts law.
Nov 21, 2024
Sports Betting 
Report Shows DC Attorney General Investigating GamebetDC’s Failure
A report from AxiosDC shows that Washington, D.C.’s Attorney General Brian Schwalb has opened an investigation into Intralot, the sportsbook’s operator. The DC Lottery awarded the failed operator sole control of the online sports betting market without a bidding process.
Nov 21, 2024
Sports Betting 
New Jersey Considering Ban on College Player Prop Betting
New Jersey Assemblyman Sterley Stanley has introduced a bill banning college player prop betting in response to a request from NCAA President Charlie Baker. If passed, it would make New Jersey the fourteenth state to ban the controversial bet type.
Nov 21, 2024
Sports Betting 
Louisiana Scraps Plan to Raise Tax Rate Days After Proposal
Louisiana Rep. Wilder has requested his recently proposed sports betting bill be deferred two days after its introduction. The bill called for the tax rate on operators to be raised from 15% to 51%, leading to an outcry from the industry.
Nov 15, 2024
Sports Betting 
Newly Proposed Ohio Bill Would Cut Sports Betting Tax Rate in Half
An Ohio legislator introduced sports betting bill SB190 to the Senate Finance Committee. The bill proposes cutting the operator rax rate back down to 10%. The bill’s goal is to help grow the market, which some believe is being hurt by its 20% rate.
Nov 15, 2024
Sports Betting 
FanDuel and MLB Players Settle Lawsuit Over Player Likeness
A spokesperson from FanDuel Sportsbook shared that the industry-leading operator has reached a deal with the union over using player likenesses. The new licensing agreement ends a lawsuit filed by the union against FanDuel last month.
Nov 15, 2024
Sports Betting 
Tar Heel State Sees Record-High Sports Betting Handle in October
North Carolina reported a sports betting handle of $612 million for October, over $60 million more than in September. The numbers show that the market’s ceiling is still unknown, leading to legislatures considering changes to how gambling winnings are taxed.
Nov 14, 2024
Sports Betting New Louisiana Bill Would Bring Massive Tax Hike for Sportsbooks
A new sports betting bill proposed in the Louisiana House of Representatives would increase operators' tax rate to 51% while eliminating promotional betting. The bill is expected to bring fierce opposition from the state’s sportsbooks, threatening to throw the market into chaos.
Nov 14, 2024
Sports Betting 
New York Sets Record with Massive $2.3 Billion October Handle
The New York State Gaming Commission reported a record-high $2.3 billion sports betting handle for October, breaking the $2.1 million record from November 2023. The numbers were boosted by the Yankees' and Mets' deep playoff runs.
Nov 08, 2024
Sports Betting 