Tag: Sports Betting

From the bayous to the cities, most Louisiana residents may get to bet on DFS soon after lawmakers finally set rules and tax rates for the games two years after voters OKed the games. (Image: Visit the USA)

DFS May Soon Come to Louisiana

Legislation that would set the Louisiana tax rate for DFS revenue at 8% awaits the governor’s signature, putting DFS one step closer to becoming a reality in that state. DFS Tax Revenue Will Go to Childhood Education The state Senate voted 36-0 to pass House Bill 64, which sets the […]

Much to the delight of DraftKings and FanDuel, legislation to end daily fantasy sports prohibition is moving forward in Missouri, Iowa, and Tennessee. (Image: fox32chicago.com)

DFS Betting Rules May Soon be Set in Louisiana

Louisiana residents may get to bet on both sports games and daily fantasy sports in the next year. Lawmakers Try to Turn Two: DFS and Sports Betting Days after sending a bill to Gov. John Bel Edward’s desk that would let state voters consider in November whether to allow sports […]

The New Orleans Saints, led by Marcus Lattimore (23), celebrate their victory over the Philadelphia Eagles in the Superdome in New Orleans. (Image: AP)

Louisiana Voters to Likely Decide on Sports Betting in Their Parishes

It seems likely that voters in Louisiana will decide in November whether they want to legalize sports betting in the state. House Gives Overwhelming Approval On Wednesday, the state House of Representatives approved Senate Bill 130, which allows for a local option election on sports betting, by a 71-24 vote, […]

DraftKings is facing a civil complaint over its handling of its Sports Betting National Championship contest last weekend. (Image: NJGamblingSites.com)

DraftKings Stock Soars as Online Gaming Booms

Despite the lack of live sports on which to offer daily fantasy games or live betting, DraftKings has seen its stock nearly double in the past month due to both the boom in online gaming and the company’s future potential. Investors See Big Potential As of midday Wednesday, the company’s […]

Investors can buy shares of DFS operator DraftKings as of Friday after the company went public on the Nasdaq exchange. (Image: Boston Globe)

DraftKings Goes Public Today on Nasdaq

Players can now invest in DFS stock instead of just picking DFS rosters. DraftKings Becomes DKNG DraftKings went public on Wall Street today after announcing Thursday afternoon that its shares will trade on the Nasdaq exchange under the ticker symbol DKNG. CNN noted that the company decided to forgo the […]

Sports betting bills were approved in states across the country in 2019, and all signs are that expansion will continue in 2020. (Image: Ocean Resort Casino)

Sports Betting Legislative Roundup: Looking Ahead to 2020

2019 was a monumental year in the expansion of American sports betting. After a strong start in 2018, and following the Supreme Court decision that overturned the Professional and Amateur Sports Protection Act (PASPA), there was a steady stream of legislation throughout 2019. Colorado, Illinois, Indiana, Iowa, Michigan, Montana, New […]

Michigan lawmakers have sent a package of bills to the desk of Gov. Gretchen Whitmer that would legalize sports betting and online gambling. (Image: Adam Ruff/Icon Sportswire/Getty)

Legislative Roundup: Michigan Passes Sports Betting, Online Gambling Bills

The Michigan Senate overwhelmingly passed a package of bills on Wednesday that would legalize four different types of online gambling, including sports betting. The bills, which were changed slightly from their original versions, were then approved by the state House, and will now go to the desk of Governor Gretchen […]

Sports betting is coming, and several states are in a rush to get operations up and running before the 2019 NFL season opens. (Image: Mandalay Bay)

New Legal Sports Betting States Scramble to Open Ahead of NFL Kickoff

Never has there been so much anticipation for the start of an NFL season — with at least three, maybe four states scrambling to get their new sportsbooks (or sports betting apps and kiosks) operational and ready to take wagers on opening day. Five states that recently legalized sports gambling […]

The NHL's position on gambling has rapidly evolved with the times. (image: Getty)

Line Change: How the NHL Flipped Its Position on Gambling

Slowly American sports leagues are coming around to the fact that gambling on their product is inevitable. Nowhere has this realization come faster than with the National Hockey League. NHL Commissioner Gary Bettman has done a complete about-face on the subject. The League has embraced the gaming options completely. The […]