Thirty-eight people under 21 opened accounts and eight placed bets before Underdog identified and self-reported the verification failure.
Lawmakers sent the package to Gov. Josh Stein with a gambling-loss deduction, new university revenue rules and a tax aimed at CFTC-licensed platforms.
A forthcoming budget proposal would change both the sports-betting tax rate and the way tax revenue is shared across schools and programs
The states become the 28th & 29th with legal mobile sports betting in the US. Both states are aiming for launch in January 2024.
A bill to authorize mobile sports betting in North Carolina is headed back to the House for concurrence after winning passage in the Senate on Thursday. Governor Roy Cooper could get the bill on his desk next week.
Churchill Downs is set to acquire multiple properties and development projects, including Colonial Downs Racetrack & Hard Rock Sioux City with purchase of Peninsula Pacific Entertainment.
With Super Bowl XVI less than two weeks away, we look at how the sports betting industry has exploded in the last 12 months and why we think this year’s big game will be the biggest in wagering history.
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