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Fanatics Follows Through on Expected PointsBet Acquisition
Sports apparel company Fanatics has agreed to purchase the US assets of Australian gaming operator PointsBet. The deal is worth $150 million in cash, pending investor and regulatory approval. Currently, Fanatics is beta-testing an online sportsbook in Ohio and Tennessee. Additionally, it operates a retail sportsbook in Maryland and has a license in Massachusetts, where […]
‘This is a Red State’ – Blind Partisanship Extinguishes Hopes for Texas Sports Betting
The Texas sports betting legislation that passed in the House of Representatives last week won’t get heard in the Senate, says Lieutenant-Governor Dan Patrick. It’s the latest gambling expansion effort to fall victim to partisan politics. Patrick said the two-part legislative package – consisting of a bill and a joint resolution for a constitutional amendment – won’t […]
Texas Sports Betting Heads to Senate, Then Perhaps to Voters
A Texas sports betting bill that calls for a Nov. 7 ballot measure to amend the Texas Constitution received House approval on May 11. HJR102 moves to the Senate next. However, if that chamber also approves the bill, it bypasses the governor due to the need for a vote in the state with 31 million residents. […]
US Online Casinos Have Taken Over $400 Billion in Wagers, Double the Handle of Sportsbooks
Five years ago, the Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA), which had made sports betting illegal in all states but Nevada. Since then, legal sports betting has swept the nation, accompanied by a seemingly smaller boom for online casinos. In celebrating the end of PASPA, the American Gaming Association (AGA)points out that legal sportsbooks […]
Maine Lawmaker Proposes Extending Tribal Sports Betting Market to Include Online Casinos
Maine has just emerged as a late contender for online casino legalization in 2023. LD1777, submitted by House Rep. Laura Supica would create a framework for iGaming along the same lines as the state’s existing online sports betting laws. The move comes as a surprise, as more likely states like New York and Indiana have abandoned […]
PlayUp Settles With OCCC, Agrees Not To Pursue Ohio License for Four Years
Australian-based PlayUp has reached a settlement with the Ohio Casino Control Commission (OCCC) after the latter raised questions about its sports betting license application. Under the settlement terms, PlayUp has agreed to pay $120,000 in fines and refrain from re-applying for an Ohio gaming license for four years. The fines consist of a $90,000 payment to […]
MGM Resorts Renews Nevada Interactive License But Regulator Questions Delays
The Nevada Gaming Control Board (NGCB) unanimously recommended the approval of an extension to MGM Resorts International’s interactive gaming license. MGM is one of several companies holding but not using such licenses in the state. Regulatory board members typically grant the waivers but have also begun expressing impatience with the delays. Although Nevada lawmakers passed […]
Illinois Sports Betting Suppliers Seek $10 Million Fee Reduction
If state lawmakers approve SB323 amending the Sports Wagering Act, Illinois sports betting suppliers may pay $10 million less in renewal fees during the next eight years, according to the Illinois Gaming Board (IGB). However, that’s money the state needs and that suppliers agreed to pay, said state representatives during an April 19 Illinois House […]
North Carolina Esports Under Consideration With Online Sports Betting
Senators may soon consider North Carolina esports legalization along with an online sports betting bill, HB347. The bill that passed the House received its first reading in the Senate on March 30. That means there’s plenty of time for that chamber of the North Carolina General Assembly to vote on the bill before lawmakers adjourn […]
Pennsylvania Esports Bill Would Complete the Online Gambling Marketplace
A Pennsylvania esports bill began working its way through the House on March 28. Legalizing esports through HB733 would likely complete the commonwealth’s already robust online gambling marketplace. Today, state Rep. Ed Neilson, D-Philadelphia, talked to Bonus about his esports bill. He said: We’ve gotta get on this wagon before we miss the ship. As it […]