Man Files Lawsuit Against DraftKings Over Gambling Losses
A Chicago-area man’s wedding plans faced a harsh reality as his compulsive gambling led to a cautionary tale now headed for federal court.
Online Sports Betting
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Caesars Expands Partnership with Maine Wabanaki Tribes for Online
Caesars Entertainment will soon add online casino gaming to its online sports betting operations in Maine, thanks to an extension of its partnership with three of the state’s federally recognized tribes.
North Carolina Raises Online Sportsbook Tax to 23%
North Carolina lawmakers have finalized an increase in the state's online sports betting tax rate to 23% from 18%, a move that will place the state among the higher-tax jurisdictions for sportsbooks in the United States when it takes effect with the new fiscal year on July 1.
Wisconsin Governor Initiates Tribal Talks for Online Sports Betting
Wisconsin Governor Tony Evers has begun discussions with leaders of the state's 11 federally recognized tribes on implementing legal online sports betting, marking the next step toward launching statewide mobile wagering following the passage of enabling legislation.
Hard Rock Bet recruits Matthew Broderick as brand ambassador
As it continues to expand its reach across U.S. online sports betting and casino, Hard Rock Bet has recruited more star power in the form of veteran Hollywood actor Matthew Broderick.
North Carolina Legislators to Raise Sports Betting Tax Rate
A little more than two years after North Carolina launched online sports betting, state lawmakers reportedly believe it’s time to increase how much they charge sportsbooks to do business in the state.
Bipartisan Congressional bill for federal study on gambling disorders
Two Congressmen have introduced new federal legislation that would mandate the U.S. government to conduct a multiyear study into the causes, long-term effects, and treatment of gambling disorders, particularly those related to online sports betting.
New York Bill Aims to Prohibit Online Sports Bets on College Campuses
Online sports bettors in New York could be blocked from placing wagers while on college campuses under a new bill introduced by Sen. Andrew Gounardes.
New Jersey Senate Panel Advances Responsible Gambling Bills
New Jersey lawmakers advanced three responsible gambling bills on Thursday aimed at tightening consumer protections in the state’s online sports betting and iGaming markets.
Colorado Lawmakers Approve Online Sports Betting Restrictions Bill
Colorado lawmakers have approved legislation that would introduce new restrictions on online sports betting, including limits on daily deposits and a ban on promotional push notifications sent through gambling apps.
Colorado House backs amended sports betting bill
Colorado legislators moved closer to major changes to the state’s sports betting laws after House members sent an amended measure back to the Senate, but the bill is up against the clock.
Steady Q1 Trends for Online Sports Betting
Online sports betting companies are projected to have a stable Q1 performance, but the long-term future remains uncertain due to intensifying competition in the industry.