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Southern Ute and Ute Mountain Ute tribes looking to offer online sports betting, facing pushback from State

Southern Ute and Ute Mountain Ute tribes looking to offer online sports betting, facing pushback from State

GRAND JUNCTION, Colo. (KKCO) – The Southern Ute and Ute Mountain Ute tribes want to offer online sports betting, but a dispute with the state is hindering their efforts. Some fear allowing tribal remote sports betting could divert tax revenue from crucial water projects. Currently, Colorado’s sports betting law caps state tax revenues at $29...

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Yield Sec projections: Illegal market still has strong hold on US gamblers

Yield Sec projections: Illegal market still has strong hold on US gamblers

Using predictive analytics, Yield Sec earlier this month released a special report projecting that even as legal sports betting proliferates across the US, the black market still dominates. According to the report, the black market made up 65% of all wagering GGR in the US. In 2023, according to the report, of the predicted total...

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International online sports betting racket busted

International online sports betting racket busted

BHOPAL: The Madhya Pradesh police unearthed an international online sports betting racket in Ujjain and seized around Rs 15 crore cash, police said on Friday. According to the police, the volume of notes was so huge (perhaps the biggest ever in an online betting racket in the state) that note-counting machines had to be pressed...

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DC sports betting: Open, competitive market coming? It sure looks like it

DC sports betting: Open, competitive market coming? It sure looks like it

The DC Council Wednesday (12 June) took the first step toward opening the city’s sports betting market by approving a FY 2025 budget that includes the Sports Wagering Amendment Act of 2024. The council unanimously approved the budget during a legislative meeting. There will be a second vote as early as next week. The decision...

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State regulators tell illegal gambling operator to back off or face legal action

State regulators tell illegal gambling operator to back off or face legal action

Bovada is one of — if not the — leading black-market sports betting operators taking wagers in the US. Already banned in five states, regulators in Michigan and Connecticut are now taking aim at keeping the platform out of their markets. Since the US Supreme Court overturned the Professional and Amateur Sports Protection Act in...

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Online Gambling Global Market Report 2024-2033, with Key Player Profiles for Flutter Entertainment, Bet365 Group, Entain, Kindred Group and Betfred

Online Gambling Global Market Report 2024-2033, with Key Player Profiles for Flutter Entertainment, Bet365 Group, Entain, Kindred Group and Betfred

Dublin, June 10, 2024 (GLOBE NEWSWIRE) — The “Online Gambling Global Market Opportunities and Strategies to 2033” report has been added to ResearchAndMarkets.com’s offering. The global online gambling market reached a value of nearly $88.7 billion in 2023, having grown at a compound annual growth rate (CAGR) of 10.4% since 2018. The market is expected...

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Arizona Dept. of Gaming opens new event wagering application window

Arizona Dept. of Gaming opens new event wagering application window

The Arizona Department of Gaming (ADG) will accept event wagering applications July 8-19, the agency announced Friday (7 June). The application window will close at 5 p.m. local time on the 19th. There are 17 operators currently live in the state, and state law allows for up to 20 digital platforms. The ADG will consider...

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Illinois senate passes ‘penal’, progressive sports betting tax

Illinois senate passes ‘penal’, progressive sports betting tax

Illinois senators late Sunday (26 May) passed a FY 2025 budget that includes a sports betting tax hike that will most affect the state’s biggest operators. The Sports Betting Alliance (SBA) called the budget an “extremely disappointing decision that will cause real harm.” The proposal nearly triples the tax rate for the most successful operators....

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MA Operators Decline Roundtable: The Impact on Sports Betting | Point Spreads

MA Operators Decline Roundtable: The Impact on Sports Betting | Point Spreads

It was supposed to be a roundtable discussion between the Massachusetts Gaming Commission and representatives from sportsbooks operating in the state. In the end, it was just the Massachusetts Gaming Commission. All 10 sportsbooks declined to show up Tuesday. The MGC began hearing from sportsbooks on Friday that they were not going to appear. The...

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How To Bet On PGA Championship in the US 2024: US Sports Betting Sites

How To Bet On PGA Championship in the US 2024: US Sports Betting Sites

You can bet on the PGA Championship in any US state by signing-up with the best US offshore betting sites listed below. Best US Sports Betting Sites For PGA Championship See here the best US offshore betting sites to create accounts with and bet on this week’s second golf major of the season. With up...

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