The Ohio Casino Control Commission (OCCC) says it will begin accepting applications on June 15. The regulator is authorized to issue 25 mobile & 40 retail sportsbook licenses.
Colorado, Illinois, Indiana, & Iowa are projected to be the next four states where iGaming is legalized. Should that happen, US online casino revenue would reach $7.8 billion in 2025 — about twice that of sports betting.
Penn National Gaming to focus on Barstool Sportsbook in the US and theScore Bet in Canada. US sports betting customers in four states won’t be able to make deposits or place wagers after June 15.
Most of the sports betting licenses yet to be issued will likely go to brick-and-mortar casinos. Lawmakers in 15 states still considering sports betting have proposed a 15% tax rate on average.
The sports merchandiser wants to use the BetFanatics name for its branded sportsbook. Its USPTO application also mentioned “organizing and conducting” online poker tournaments.
Aside from two mobile licenses in its queue, the Virginia Lottery is unlikely to issue more sports betting licenses any time soon.
Michigan online poker & casino gaming generated a record $132.4 million in revenue, while online casino-only states Connecticut & Delaware also set new records in April.
BetMGM, DraftKings, & FanDuel have been leading the effort to win votes for a proposal to have online & retail sports betting tethered to the state’s numerous tribal casinos.
While the operator is thrilled with its performance so far in Ontario, an “unfavorable tax environment” has prompted it to pull back from pursuing customers in New York.
In just four months, FanDuel has grown its revenue and grabbed more than 61% of the New York sports betting market, mostly at the expense of Caesars.