Archive for the ‘News’ Category

Scott Ward from the Sports Betting Alliance joins the show to discuss the implications of House Bill 639, which proposes to increase the tax rate on sports betting in Louisiana from 15% to 32.5%. This bill, introduced by Neil Riser, has moved to the House floor but is not yet scheduled for debate. Ward expressed concerns about the potential negative impact on the sports betting industry and the broader economy.

Scott Ward from the Sports Betting Alliance joins the show to discuss Neil Reiser’s proposed bill on sports betting and the importance of maintaining reasonable tax rates. Ward expressed his concerns about the bill, which aims to significantly increase the tax rate on sports betting in Louisiana. He emphasized that such a drastic hike could have negative consequences for the industry and consumers.

Hawaii has the chance to get sports betting right by following the example of many mainland states in creating a strictly regulated and transparent sports betting market that can provide revenue for the state and protections for players.

The benefits of a regulated marketplace are clear. Regulated iGaming platforms are required to block access for customers below the legal gaming age and use state-of-the-art technology to verify each player’s identity.

A well-regulated iGaming market in Illinois will shift players from unsafe, unregulated platforms to trusted, secure sites, ensuring fair play and protecting their financial security. With over $750 million in potential revenue, Illinois can fund vital services, invest in infrastructure and create jobs.

Today tens of millions of Americans will happily place a billion bets they know they will lose. The tradition of March Madness office pools, one of the healthiest forms of camaraderie-based parlay gambling, will take place all across America…