Archive for the ‘News’ Category

MO Amendment 2: Early voters cite education, tax revenue going to Kansas in backing sports gambling

If Amendment 2 passes, Missouri would become the 39th state to legalize sports betting….“It just made sense that the money from taxes will go to help schools,” said Clay County resident Ryan Ault. “That’s a good thing, and people are going over the border to do it anyway. You might as well keep that money here in the state.”

Oct 29, 2024

New York State has collected $401 million in tax revenue

State collects $401M in sports betting taxes in four months; What’s the money used for?

“So, for the money that New York State collects in taxes from sports betting companies, where does the money go? A lot of the money goes to funding education.”

Oct 15, 2024

North Carolina sports betting revenue surpasses expectations as retail options loom

“North Carolina’s sports betting initiative has far exceeded initial financial forecasts, accumulating over $62 million in tax revenue since its inception on March 13.”

Sep 27, 2024

state-post-banner

How to protect Alabamians from ills of sports wagering

“Legalize it. Put regulations in place. Partner with reputable companies – companies that are publicly traded and held accountable by public investors, gaming regulators and law enforcement.”

Apr 22, 2024

Inside the ‘very predatory’ world of illegal betting that lured Shohei Ohtani’s interpreter

Why would a bookie extend a line of credit of at least $4.5 million to someone who said he was drawing an $85,000 salary as an interpreter with the Los Angeles Angels?

Apr 1, 2024

state-post-banner

Comprehensive Economic Study Shows How iGAMING Increases Land-Based Casino Revenue & Grows Overall Gaming Market

Empirical analysis of survey responses demonstrate that iGaming and land-based gaming serve different, complementary purposes.

Mar 21, 2024