Articles by Michael Savio

Photo by Daniel Schwen, CC BY-SA 4.0, via wikimedia commons
Michael SavioBy: Michael Savio

Sports Betting Becomes Legal in Missouri After Amendment 2 Passes

Missouri voters passed Amendment 2 during Tuesday’s election by a margin of 0.2%, legalizing sports betting. All tax revenue generated from the industry will be used to support the state’s education system and problem gambling funds.
11/06/2024
Sports Betting
Penn Entertainment to Allow ESPN Users to Link Sportsbook Accounts
Michael SavioBy: Michael Savio

Penn Entertainment to Allow ESPN Users to Link Sportsbook Accounts

Penn has announced that ESPN Bet users can now link their sportsbook accounts with ESPN accounts. This will give users a customized betting experience when using the sportsbook, making tracking games and finding promos for their favorite teams easier.
11/04/2024
Sports Betting
Illinois Makes Changes to NFL Bet Catalog After League Request
Michael SavioBy: Michael Savio

Illinois Makes Changes to NFL Bet Catalog After League Request

The Illinois Gaming Board has eliminated several bets from its NFL catalog after a request from the league in hopes of protecting the integrity of the game. An array of bets have been removed, most of which could be influenced by one person.
11/01/2024
Sports Betting
Endorsements for Missouri Sports Betting Amendment Continue to Roll In
Michael SavioBy: Michael Savio

Endorsements for Missouri Sports Betting Amendment Continue to Roll In

The mayors of St. Louis and Kansas City have both shared their support for Amendment 2, which would legalize sports betting in Missouri if approved by voters. Their support comes just days before residents head to the polls on Tuesday.
11/01/2024
Sports Betting
Colorado Asks For Dismissal of Tribal Lawsuit Over Sports Betting
Michael SavioBy: Michael Savio

Colorado Asks For Dismissal of Tribal Lawsuit Over Sports Betting

Colorado has asked a federal court to dismiss a lawsuit filed by the Southern Ute Indian Tribe. The suit claims that the state cut local tribes from the lucrative online sports betting industry. However, the state asserts that it is immune from prosecution and that the case should be dropped.
11/01/2024
Sports Betting
Arizona’s 2024 Sports Betting Handle Approaches $500 Million
Michael SavioBy: Michael Savio

Arizona’s August Sports Betting Handle Approaches $500 Million

The Arizona Department of Gaming has reported a handle of over $496 million in August, generating over $2.2 million in tax revenue for the state’s General Fund. This number represents an increase of 38.4% annually and a 21% increase compared to July.
10/31/2024
Sports Betting
Photo by Daniel Schwen, CC BY-SA 4.0, via wikimedia commons
Michael SavioBy: Michael Savio

Missouri Sports Betting Gains Adversary in St. Louis-Based Committee

The St. Louis Democratic Central Committee has opposed Amendment 2, which would legalize sports betting in Missouri if passed. The group cited concerns over operators' ability to deduct gambling revenue as the primary reason to oppose the current proposal.
10/30/2024
Sports Betting
Colorado Loses Third Sports Betting Operator as SI Sportsbook Exits
Michael SavioBy: Michael Savio

Colorado Sportsbooks Staying Silent Over Upcoming Tax Proposal

Colorado residents will vote on Proposition JJ in November’s election, which would eliminate the state’s $29 million cap on sports betting tax revenue. Sportsbooks have decided to stay out of the debate, seeing the change as an alternative to a significant tax hike.
10/23/2024
Sports Betting
Texas Sports Betting Proponents Gain Key Ally for 2025 Push
Michael SavioBy: Michael Savio

Texas Sports Betting Proponents Gain Key Ally for 2025 Push

In a recent interview, Dallas Cowboy’s co-owner Charlotte Jones shared that she will be making a hard push to help legalize sports betting in Texas in 2025. While no details have been shared, her wealth and influence give industry proponents a critical ally.
10/18/2024
Sports Betting
Sporttrade Continues to Expand After Arizona Sportsbook Goes Live
Michael SavioBy: Michael Savio

Sporttrade Continues to Expand After Arizona Sportsbook Goes Live

Sporttrade has officially launched its sportsbook platform in Arizona. The operator gained access to the market after partnering with the Quechan Tribe, allowing it to launch the platform. The launch gives Arizona a total of 13 sportsbooks, with more likely on the way.
10/18/2024
Sports Betting