Tag: sports betting
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…
Possibility of Washington State Sports Betting
State legislators are to hold hearings this week on a bill that could legalize Washington State sports betting after decades of it being banned. House Bill 1975, sponsored by Majority Caucus Chair Eric Pettigrew (D) and seven others, calls for professional and college sports wagering to be legalized within tribal gaming facilities. The bill, introduced last Friday, also calls for the legalization of online sports gaming within those same tribal facilities — which would represent a significant shift for the nation’s only state where any form of internet gambling is currently a Class C felony. At least one regulator predicts…
New York Gaming Commission Green Lights Sports Betting Regulations
The New York Gaming Commission on Monday approved a set of proposed sports betting regulations for four existing upstate casinos, potentially setting the stage for the launch of legalized sports gambling in the Empire State. The comprehensive regulations address a wide range of gaming issues from tax and compliance requirements to sports pool licensing guidelines, as well as broad wagering restrictions. The main takeaway from Monday’s meeting, however, centers on a provision that was not discussed. The regulations do not include any guidelines for mobile sports betting, a subject that has garnered intense debate within the state as New York…
Uganda Bans Sports Betting
The small African nation of Uganda bans sports betting recently. President Yoweri Kaguta Museveni, has ordered a ban on sports betting, a minister has disclosed over the weekend. State Minister of Finance David Bahati, was quoted by the privately-run Daily Monitor portal as confirming that no new licenses will be issued for the betting companies and that old licenses will not be renewed upon expiration. “We have received a directive from President [Yoweri] Museveni to stop licensing sports betting, gaming and gambling companies. The president has now directed the board which has been regulating them,” Mr Bahati is quoted to…