Sports Betting News

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
Photo by Christian Mehlführer, User:Chmehl, CC BY 3.0
Michael SavioBy: Michael Savio

Tribal Leaders in California Put Their Sites on Sweepstakes and DFS Platforms

The Indian Gaming Association has said it is beginning a push to reign in the unregulated sweepstakes and DFS industries. The group has complained about the lack of action from the state and federal action and is now taking matters into its own hands.
10/17/2024
Sports Betting
NBA Tightens Restrictions on Cell Phone Usage Amid Integrity Concerns
Michael SavioBy: Michael Savio

NBA Tightens Restrictions on Cell Phone Usage Amid Integrity Concerns

The NBA has updated a 2009 policy that will now ban cell phone use for coaches and players during games, lasting from tip-off until the final whistle. The hope is that this will prevent future betting scandals and protect the league's integrity.
10/17/2024
Sports Betting
Hard Rock Bet Reaches Deal to Expand Sports Betting Markets
Michael SavioBy: Michael Savio

Hard Rock Bet Reaches Deal to Expand Sports Betting Markets

Hard Rock Bet has reached a new agreement with Kambi to use their library of odds, allowing the sportsbook to expand its betting catalog across the US. The deal is the first of its kind, giving Hard Rock an edge over its competitors.
10/17/2024
Sports Betting