Posts by Maxwell Sanders
Atlantic City Taxes Focus Of New NJ Sports Betting Bill
There is a bill in the NJ State Senate that would redirect tax funding to Atlantic City. The funding would be used for property tax relief. AC Mayor Marty Small refers to the bill as AC getting its slice of the pie. ATLANTIC CITY, N.J. – Atlantic City might be getting a cut of New…
Read MoreMichigan To Allow Tax Write-Offs For Gambling Losses
Gamblers in Michigan can write off gambling losses on their state taxes now. Gov. Gretchen Whitmer signed a bill allowing this for the 2021 tax year. The bill is estimated to cost the state around $12 to $17 million per year. LANSING, Mich. – Michigan Gov. Gretchen Whitmer signed into law a bill that would…
Read MoreMaryland To Launch Sports Betting On Thursday
Some Maryland casinos will be able to offer sports betting by Thursday. Others will go live on Friday, in what is being described as a “soft launch”. Maryland’s process for sports betting regulation has been delayed more than a year. BALTIMORE – Maryland is set to launch sports betting after significant delays caused them to…
Read MoreDelaware Revenues Expected To Increase After Two Bad Months
Delaware’s August betting handle was the second lowest of the year. The lowest was in July, seeing under $10 million in handle in both months combined. The NFL and college football seasons should help boost the dwindling revenue numbers for Delaware sports betting. WILMINGTON, Del. – Delaware’s sports betting revenue in August was slightly higher…
Read MoreCalifornia Legal Sports Betting Battle Heats Up
California has yet another potential sports betting measure that could be on the 2022 ballot. This new measure seeks to redirect sports betting funds toward mental health and the homeless. Other potential ballot measures include one through tribal gambling interests and one by commercial operators. SACRAMENTO, Calif. – Online sports betting is going to be…
Read MoreFanDuel Partners With Kentucky Downs Via TVG
Races at Kentucky Downs will now air on the TVG network, with few exceptions. FanDuel also gained the name rights to the newly christened FanDuel Meet at Kentucky Downs. FRANKLIN, Ky. – FanDuel has become a title partner of the Kentucky Downs Meet, which will now be named the FanDuel Meet at Kentucky Downs. FanDuel,…
Read MoreDelaware Online Gambling Revenue Drops, Handle Grows
Delaware’s online gambling revenue report revealed a drop in revenue from June to July. However, the total handle actually went up from June to July. This was caused by a higher percentage of the handle being devoted to table games, as opposed to the more profitable video lottery. DOVER, Del. – Delaware’s recent online gambling…
Read MoreSportsbooks To Launch In Deadwood, South Dakota In September
South Dakota’s sports betting regulations will likely allow for sportsbooks to launch in the town of Deadwood by Sept. 9. These sportsbooks will have several legal and physical limitations placed upon them. However, this is a quick turnaround on regulations for the industry that should see SD sportsbooks get in on some NFL betting action.…
Read MoreDraftKings Partners With Boston Red Sox For DFS
The Red Sox have partnered with DraftKings, making DraftKings the official DFS provider of the team. DraftKings has made similar deals with the Boston Celtics and New England Patriots. BOSTON – The Boston Red Sox have been winning unexpectedly all year, and are currently leading the AL East. These wins have continued off of the…
Read MoreHard Rock Casino Rockford Receives Further Gaming Board Approval
The Hard Rock Casino Rockford has passed another speed bump. 815 Entertainment, a conglomeration of investors, received a supplier license from the Illinois Gaming Board. Several key players in the casino’s operating system were also approved by the Board. LAS VEGAS – The Hard Rock Casino Rockford is getting closer and closer to reality as…
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