Tag: online sports betting
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…
US Online Sports Betting Ready for Huge Growth
A new report was recently published about the online sports betting market globally, with some interesting insights about what we can expect over the next several years both globally and here in America. Compiled by the UnivDatos Markets Insights group, they have determined an average annual growth rate of more than 10% from now through the year 2027.This is, of course, barring any unforeseen events. Their analysis was broken down into types of games that players bet on, such as Football, Basketball, Hockey, and such. But also included more international games like Cricket, and emerging markets like Cybersports. The report…
Maryland Online Sports Betting by NFL Season?
Wagering on sporting events may be legal, but Maryland online sports betting is what residents have really been waiting for. And now, with the help of their Governor, they may get their wish by this fall. Yes, Governor Larry Hogan has actually been pushing a a state committee forward in hopes they could get a mobile sports betting agreement in place before the kickoff of this years NFL season. And as states all around Maryland launch mobile betting, frustrations grow with the Governor and state residents. Both Virginia and West Virginia, as well as Pennsylvania, have all been able to…
North Carolina Online Sports Betting Push
Two weeks and counting. That’s how long state legislators have to get a North Carolina online sports betting deal done. The session ends in just about 14 days, so now is the time to get a deal done. Lawmakers fully understand that the legalization of North Carolina online sports betting would bring a much needed boost to the economy via gaming revenue. But efforts to regulate the activity have been slow and painful. However, there is a glimmer of hope. And expectations are that the State House will end up passing a bill for sports bets before the session ends….
New York Mobile Sports Betting Still Waiting
Ah, how fondly we remember when New York mobile sports betting was passed way back in April. And then, the delays started to mount. Now, as we near the end of the year, the application process drags on. One has to wonder if the delay could have anything to do with the monstrous 50% tax rate the state plans to implement. However, the State Gaming Commission maintains that they will narrow the list of applicants to a few finalists before mid-December… so that can’t be it. Still, the Commission did publish their “request for applications” for mobile wagering providers back…
New York Online Sports Betting Becomes Law
After much delay and political fighting, New York online sports betting was finally signed into law by Governor Andrew Cuomo. Now, the real work begins. The goal is to have online and mobile sports bets fully regulated in time to let residents bet on the next Super Bowl. That means writing the rules, processing applications, and launching within nine months. Once applications for running a web based sports book are submitted, the Gambling Commission will have 150 days to process them and select just two providers. Requests to submit applications to the state will come no later than July 1st,…