Former Texas Governor Rick Perry is emerging as one of the loudest voices endorsing regulated sports betting in Texas. As a member of the recently-formed Sports Betting Alliance, Perry is hitting the airwaves pitching as a paid spokesman - pitching the group's pro-sports betting message. At the core of Perry and the Sports Betting Alliance's…
Barstool Sportsbook is looking at a $250,000 fine in Ohio for allegedly marketing its sports betting products to students at the University of Toledo recently. According to reports published in the Toledo Blade, the Ohio Casino Control Commission (OCCC) has issued notice of the potential fine to Barstool for two separate violations related to the…
MaximBet is ceasing all operations as the US sports betting market finishes out a period of extremely rapid growth and enters what is likely a long period of consolidation. The operator posted the announcement on MaximBet.com late on Wednesday, and gave players until December 15 to withdraw their funds. In an email version of the…
Major League Baseball (MLB) is throwing its support behind a California ballot measure that would pave the way for regulated online sports betting in the Golden State. It's the first time that a major sports league has weighed in on the debate over whether or not regulated sports betting should come to America's most populous…
The push to legalize online gambling in California took a major step backwards this week when the California Democratic Party announced that it would not be endorsing any of the legalization bills on the ballot this November. Party officials say they're not against gambline per se, it's just that the bills being offered on the…
One of regulated sports betting's main appeals to state governments was the opportunity to raise new revenue through sports betting taxes. While most states took a relatively modest cut of the action with tax rates coming in at around 10 percent, usually calculated by the gross gaming revenue (GGR). But a few states took the…
California voters will have the opportunity to legalize sports betting in the Golden State this fall as one, and likely two, gaming bills will appear on the ballot this November. If passed, the measure(s) would open up one of the largest, and most lucrative, online gambling markets in the United States. If passed into law,…
Arizona is, yet another, US State where residents are turning into players and embracing regulated sports betting in a big way. In December, Arizona operators took in $499.2 million worth of wagers for a new record that is almost certain to fall in the near future. After all, sports betting has only been legal in…
Regulated sports betting in New York is off to a roaring start with operators reporting a record $1.2 billion worth of wagers placed in just the first 16 days of legal play. That represents a new record for fastest US State to hit the $1 billion mark and validates predictions that New York is destined…
Fubo Gaming, a subsidiary of FuboTV, is partnering with the Cleveland Cavaliers on a multi-year partnership deal. The partnership includes lots of Fubo branding opportunities and a faux sports betting game called Cavs Pick 'Em. More importantly, the move is an important step in Fubo's plan to become a regulated sports betting operator. As is…
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