Online Sports Betting in Maine Set for Launch

Enjoy summer while it’s here, but come this fall online sports betting in Maine will officially be up and running. It won’t come in time for the start of the NFL season, but by Thanksgiving you’ll be able to bet your Uncle Ed on all the Thursday games! Shannon Moss of the Maine Department of Public Safety stated that “Temporary or initial licenses will be issued on the day of adoption to allow licensees to go live and offer wagers on sports according to law and rule.” The State Gambling Control Unit has already presented their set of proposed rules…

Fantasy Sports are gambling

Maine Regulates Fantasy Sports

Maine has become the 15th US state to legalise paid-for daily fantasy sports (DFS) contests. DFS is now classed as a ‘game of skill’ in Maine and operators that wish to offer such services in the state will need to have revenue of more than $100,000 (€84,700) and pay a licensing fee of $2,500. Other measures set out by the state include companies having to pay a tax rate of 10% on gross revenue in Maine, while DFS operators will not be able to offer contests on collegiate or other amateur events. In a statement published by the LegalSportsReport.com website,…