Tag: sports betting
Tribal Sports Betting Discussed in North Carolina
Lawmakers in North Carolina are discussing a new bill that would legalize Tribal sports betting in the state. Sponsored be Senator Jim Davies, S 154 would allow tribal gambling facilities to offer sports wagering, in addition to gaming machines, live table games, raffles and video games that are currently permitted. Should the bill come into law, consumers in North Carolina would be able to place legal bets on both professional and collegiate sports events. However, punters would seemingly be limited to gambling on-site at the tribal facilities, as the bill does not make reference to mobile or online gambling. S…
Illinois Sports Betting Hopes Rise with New Governor
New Governor J.B Pritzker has raised hopes of legal Illinois sports betting after including $200 million in future tax revenue from wagering activities in his 2020 budget proposal. Pritzker is proposing to legalize sports betting at facilities across the state, including in-person and online gambling. Those betting via the internet would be able to do so from inside Illinois or in a jurisdiction that has entered into a reciprocal agreement with the state. Pritzker has said Illinois could generate between $384m and $680m in gross sports betting revenue per year under full implementation. Based on the proposed 20% tax rate,…
Sports Betting in Minnesota Gets a Boost
Tribal casinos might be next on deck for regulated sports betting in Minnesota. On Wednesday, Rep. Pat Garofalo unveiled a new sports betting bill as part of a press conference in the capital. Garofalo has been the primary spark for related discussions in Saint Paul over the past year, an effort which has finally spawned a piece of proposed legislation. The bill has both a title: The Safe and Regulated Sports gambling Act of 2019. The bill for sports betting in Minnesota proposes language to define and legalize “sports pools” within state lines. It would create a new five-member Minnesota…
Sports Betting in Iowa Gets a Look
Casinos would run sports betting in Iowa if the new bills in the Iowa House and Senate were to legalize the practice. Bets would be allowed on college and professional sports at the state’s 19 land based casinos, as well as online if Iowans visit a casino in person to register an account and provide age verification. The requirement to visit a casino in person would sunset after 18 months under a Senate bill. The bill, which passed a Senate subcommittee Tuesday, would also legalize fantasy sports for the first time in Iowa. A similar bill in the House is…
Kentucky Sports Betting Bill is Back
A lawmaker pushing the newest Kentucky sports betting bill says it is a good bet to pass this year, but it still faces long odds. The U.S. Supreme Court ruled last year that states could legalize sports betting, and so far seven states have done it. Rep. Adam Koenig argues Kentucky should not be late to the game. He has sponsored House Bill 175 to legalize sports betting, online poker and fantasy sports. Koenig testified about the bill during a meeting of the House Committee on Licensing, Occupations, and Administrative Regulations, which he chairs. “You can bet on sports on this…
South Dakota Sports Betting a Long Shot
A government committee has approved a South Dakota sports betting bill by a narrow 5-4 margin. The bill, Senate Joint Resolution 2, goes next to the Senate floor and gaming operators in the state are anxiously watching to see how the legislative piece progresses. Even if it is approved by legislative officials, there is reportedly a huge roadblock ahead and it is positioned at the last stop any gambling legislation has to make before becoming law. Unfortunately for South Dakotans, they elected a governor, Kristi Noem who is opposed to any gambling expansion in the state. Her stance isn’t too…