Articles by Michael Savio

Downtown_Boston_skyline
Michael SavioBy: Michael Savio

October Deadline Set for Sports Betting Limitation Discussion in Massachusetts

The MGC has announced that a roundtable discussion about limiting sportsbook customers will be held before the first week of October. While the state’s active sportsbooks are expected to participate, they did not attend the talk hosted earlier this summer.
08/16/2024
Sports Betting
Michael SavioBy: Michael Savio

DC Attorney General Demands Documents from GameBetDC Operator

Reports are that Washington D.C., is demanding documentation from Intralot as a part of an ongoing investigation. Attorney General Brad Schwalb has yet to confirm any details, including who the target of the investigation is.
08/15/2024
Sports Betting
Missouri Sports Betting Initiative Succeeds
Michael SavioBy: Michael Savio

Missouri Sports Betting Initiative Qualifies for November Ballot

The Missouri Attorney General has approved an initiative to get the topic of sports betting put on the November ballot. This will allow residents of the Show-Me state to decide the issues themselves, circumventing years of legislative roadblocks.
08/15/2024
Sports Betting
DraftKingillustraion
Michael SavioBy: Michael Savio

DraftKings Sportsbook Drops Plans for Controversial Proposed Surcharge

DraftKings has announced that it will no longer move forward with a controversial surcharge on betting winnings in four major markets with high tax rates. The decision comes soon after FanDuel other operators declined to follow suit by adding similar charges.
08/14/2024
Sports Betting
Drafkings
Michael SavioBy: Michael Savio

DraftKings Sportsbook New Surcharge Sends Shockwaves Across Industry

DraftKings stunned the sports betting industry by announcing a new surcharge on all customer winnings in four US markets starting in 2024.
08/12/2024
Sports Betting