frank-ammirante Page 17 - Sports News, Headlines & Highlights
Iowa Sweepstakes Bill Heads to Governor
Iowa lawmakers recently approved Senate File 2289, which expands the authority of the state’s gambling regulators to oversee sweepstakes casinos. The bill is now headed to Gov. Kim Reynolds’ desk. Senate File 2289 specifically expands the authority of the Iowa Racing and Gaming Commission, allowing it to issue cease-and-desist orders and pursue court injunctions against operators offering gambling without state ...
Rush Street Interactive Stock Surges on Earnings
Rush Street Interactive shares climbed to a record high after the parent company of reported its strongest quarterly results, including record net revenue, net income, and adjusted EBITDA. The company also raised its 2026 financial outlook following the earnings release. The stock closed at $27.98, up 16.6% on the day. It has gained more than 126% over the past year. ...
New York Gambling Study Aims to Raise Awareness on Responsible Gaming
New York is putting together a 10-year research effort to better understand gambling behavior in what is the nation’s largest online sports betting market. The goal is to raise awareness and improve support services for problem gambling. Announced by Governor Kathy Hochul, the study will examine how residents engage with gambling and identify gaps in existing resources. It will be ...
Oklahoma Sweepstakes Casino Ban Heads to Governor’s Desk
Oklahoma is almost at the finish line for banning sweepstakes casinos. This comes after lawmakers approved Senate Bill 1589 in both chambers. This bill cleared the House this past week following earlier Senate approval, now heads to Gov. Kevin Stitt, who must sign or veto the bill within a week. Under Senate Bill 1589, Oklahoma would implement a ban on ...
D.C. iGaming Bill Faces Debate as Legalization Remains Uncertain
The city council in Washington, D.C. spent several hours listening to insights about legalizing iGaming from both supporters and detractors. While DC iGaming has gained momentum over the last year, this debate underscores that it’s still a contentious issue. Advocates focused on addressing responsible gaming warned lawmakers that introducing real-money online casinos could make problem gambling even more widespread, particularly ...
Louisiana HB 53 Awaits Gov. Landry’s Decision
Louisiana is advancing House Bill 53, which classifies illegal gambling as racketeering. This comes after the bill cleared the Senate this past week. The bill now heads to Gov. Jeff Landry’s desk, where he can sign it into law or veto the measure. Each unlicensed gambling operator would fall under racketeering charges with this bill, including sweepstakes casinos. The bill ...
Colorado SB 26-131 Advances With Scaled-Back Gambling Restrictions
A Colorado bill focused on responsible gaming and sports betting safeguards moved forward in the House earlier this week, with lawmakers emphasizing it is not intended to have a negative impact on the industry. The bipartisan Senate Bill 26-131, which cleared the state Senate the previous week, was recently approved by the House Finance Committee in a 9-2 vote. During ...
New Jersey Bill Would Tax 2026 World Cup Bets 10%
New Jersey Rep. Michael Venezia has proposed Assembly Bill 4838, a new way to raise revenue by implementing sports betting fees on certain wagers placed on the 2026 FIFA World Cup. The bill would be the first of its kind, taxing bettors on a major sporting event that takes place within the state. Under Assembly Bill 4838, the New Jersey ...
Connecticut Sports Betting Bills Head to Gov. Lamont
Connecticut lawmakers have advanced a series of sports betting measures to Gov. Ned Lamont as the legislative session concluded. House Bill 5229 introduces new advertising limits tied to colleges, while Senate Bill 296 establishes penalties aimed at preventing the manipulation of in-state wagers. This is the latest attempt of the state trying to expand its sports betting measures. House Bill ...
Brendan Sorsby Investigated by Ohio Casino Control Commission
Texas Tech quarterback Brendan Sorsby is under investigation by both a state gaming regulator and the NCAA over allegations tied to sports betting activity during his time at Indiana. The Ohio Casino Control Commission (OCCC) has launched a probe into claims that Sorsby wagered on his own team in 2022 while playing for Indiana. This comes after Sorsby recently checked ...
Ohio Sports Betting Credit Card Ban Proposal Gains Momentum
The Ohio Casino Control Commission (OCCC) is moving forward with a proposed regulatory change that would ban the use of credit cards to fund online sports betting accounts in the state. This is the latest location aiming to ban credit cards as a payment method. The measure is still in the early stages, currently in the public comment period, but ...
New York Sportsbooks Generate $244M in April Revenue as Hold Increases
Sportsbooks in New York generated $244.1 million in gross gaming revenue during April, marking a 26.7% year-over-year increase, based on data published by the New York State Gaming Commission. That revenue growth came even though betting volume barely moved from last year’s levels. The state’s eight online operators accepted $2.17 billion in wagers for the month, compared to $2.15 billion ...
Michigan Senate Rejects Whitmer Sports Betting Tax Increase Plan
Michigan lawmakers have declined to advance Gov. Gretchen Whitmer’s proposal to increase taxes on online sports betting operators, despite the Senate remaining under Democratic control. The Michigan Senate approved an $88.1 billion state budget last week without including the governor’s broader package of proposed tax increases, which was projected to generate roughly $800 million in additional revenue. Gov. Whitmer’s original ...
New Jersey Sports Betting Bill Moves Forward
A New Jersey sports betting bill requiring operators to be more transparent when limiting accounts has advanced in the state legislature. If passed, this would create more favorable conditions for New Jersey sports bettors. New Jersey bill A4002 took a step forward last week after receiving unanimous approval from the Assembly Tourism, Gaming, and the Arts Committee in a 7-0 ...
Colorado Responsible Gaming Bill Moves Closer to Becoming Law
A Colorado gambling reform bill, SB 26-131, cleared the House by a 50-13 vote this past week, moving the legislation one step closer to becoming law before the legislative session ends Wednesday. The measure includes several responsible gaming provisions. This includes a ban on using credit cards for deposits, restrictions on sportsbook push notifications, stricter deposit limit rules, and bans ...
FanDuel Lawsuit Heads to Arbitration
A federal judge has ruled that the lawsuit filed against FanDuel by former Jacksonville Jaguars employee Amit Patel will move to arbitration. Patel, who admitted to embezzling more than $20 million from the Jaguars, previously filed a $250 million lawsuit accusing FanDuel of exploiting his gambling addiction. The complaint had alleged the sportsbook operator encouraged his betting activity through promotions. ...
New Jersey Sports Betting Bill Prevents Users from Promos if Using Responsible Gaming Tools
New Jersey sportsbooks could be prevented from providing promotions to bettors who enroll in responsible gambling programs under a proposed measure introduced in the state legislature. Assembly Bill 4003 would prohibit operators from issuing bonuses or other incentives to users who opt into safeguards like deposit limits and other responsible gaming tools. AB 4003 unanimously cleared the Assembly Tourism, Gaming, ...
UFC's Dana White Asks President Trump for Help on Gambling Tax
UFC president Dana White personally wrote a letter to President Donald Trump in an effort to reverse a provision from the One Beautiful Bill Act, which puts an unfair burden on sports bettors. The provision in question puts a 90% limit on gambling loss deductions. This means that some bettors could owe taxes even if they broke even or lost ...
Gov. Stitt Vetoes Sweepstakes Ban in Oklahoma
Oklahoma governor Kevin Stitt opted to veto Senate Bill 1589, even though the measure passed through the House by a 65-21 vote and through the Senate 48-0. This was surprising news, as there were hopes that Gov. Stitt would sign the bill. Gov. Stitt appears to have vetoed Oklahoma’s sweepstakes casino ban for both political and policy reasons. While he ...
Sports Betting Operators Increase Spending in Georgia, Nebraska
Sports betting operators are increasing their political spending in states where lawmakers continue debating gambling expansion, including Georgia and Nebraska. In Georgia, a sports betting political action committee (PAC) has invested millions into state election races. This comes as legalization efforts remain stalled after multiple unsuccessful legislative attempts. Meanwhile, major sportsbook companies DraftKings and FanDuel are backing a proposed ballot ...