Separate bill to use money from $300 million PokerStars settlement also moves on, but amount for problem gambling fund is trimmed to $50 million.
When federal COVID-19 pandemic relief is reduced or eliminated, “iGaming will be at the ready” to help fill NY coffers, says Sen. Joseph Addabbo Jr.
Lawmakers in the state Senate shut down bill to launch casino gaming and online poker in NY, but backed a proposal to expand the number of mobile sports betting licenses to 16 by January 2024.
The organization predicts this year’s NCAA tournament will have the highest legal handle of all time, with an estimated $3.1 billion in legal sports bets placed.
BetMGM’s sportsbook joins the field late, but is expected to quickly become one of the larger players in Illinois, just as it has in neighboring states.
Bill that would ban sportsbooks from using “Virginia is for Bettors” in their advertising headed to Republican Gov. Glenn Youngkin’s desk. Meanwhile, bettors drive record $485.5 million handle in January.
One US gaming law attorney calls motion “an unmistakable wink and nod” to the gaming industry that lawful iGaming and sports betting won’t be subject to prosecution. Others aren’t so sure.
Golden Nugget Sports AZ is 14th regulated online sportsbook to join the Arizona market since mobile sports betting first went live in the state in September 2021.
The up-and-coming lifestyle sports betting and online casino operator is aiming to go live in several regulated US markets in 2022.
American Gaming Association report also shows Q4 2021 was also the highest quarter ever for revenue at $14.3 billion.
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