NCLGS President: highlighting problem gambling is not enough
Summary: In a commentary in Global Gaming Business, Nevada State Sen. and National Council of Legislators from Gaming States (NCLGS) Keith Picard warns his fellow lawmakers that talk is cheap, and action is needed to curb problem gambling. Why it matters: Picard’s commentary in Global Gaming Business continues a trend of calls to proactively address […]
CNBC on trajectory of US sports betting
SportsGrid’s Maione: Sports betting industry still in the third or fourth inning4:26Louis Maione, co-founder and president of SportsGrid, joins CNBC’s ‘Squawk Box’ to discuss sports betting trends, March Madness and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi Mar. 18, 2022Uploaded by CNBC Television
Missouri pro sports teams support sports betting bills
Summary: Four different sports betting bills are heading to the Missouri Legislature, with major support from the state’s professional teams. One sports betting bill will go up for discussion in the State House, while three others are set for public hearings in the Senate Appropriations Committee. Why it matters: All four bills call for state […]
Virginia misses out on March Madness revenue from in-state teams
Summary: While six Virginia teams made it to the NCAA Men’s and Women’s Basketball tournaments, in-state betting on those programs was prohibited. Virginia’s sports betting laws don’t allow online sportsbooks to offer betting markets on college teams or events located within the state. Why it matters: Virginia’s ban on wagering on in-state college programs leaves […]
Colorado House Speaker on sportsbook promo deductions
On Colorado laws that allow online sportsbooks to deduct promo credits before taxes”…I think this is one area where there was an incentive to allow the regulated market to offer these types of incentives to bettors to draw them out of the black market into the regulated market. What has happened is it has become […]