Search

ForumsResults 1 - 10 of 17 for sports betting. (0.01 seconds)

Sports betting legalized in Kentucky
Kentucky becomes 38th state to legalize sports betting By Kate Northrop A bill supporting legalized sports betting in Kentucky has passed and is estimated to generate an additional $23 million in revenue for the state per year. As of Friday, sports betting is set to have an official spot among legal gaming avenues in the state of Kentucky. The new law is expected to add to the state's economic momentum, boost tourism, and keep more gambling revenue in Kentucky. Governor Andy
Apr 3, 2023, 12:30 pm - Todd - Lottery News

IGT prevails in DOJ lawsuit; Wire Act only applies to sports betting
Lotteries and poker are not controlled by Wire Act A fight spanning more than a decade over varying interpretations of the Interstate Wire Act of 1961 may finally be reaching its end after a Rhode Island District Court judge ruled that the US Department of Justice must formally state that the law only applies to sports betting. The ruling, a significant victory for online poker in the US, was made in a November 2021 lawsuit filed by International Game Technology (IGT) against the DOJ in
Sep 24, 2022, 9:26 am - Todd - Lottery News

Nearly 68 million US adults plan to wager on Super Bowl
Nearly 68 million American adults about 1 in 4 plan to bet on this year s Super Bowl, setting a record by a wide margin, according to the gambling industry s national trade association. Figures released Tuesday by the American Gaming Association include bets placed with legal outlets, as well as with illegal bookies and online operations in other countries. The volume of betting participation is projected to be 35% higher than last year, which was the previous record. Bettors plan to
Feb 10, 2024, 7:50 pm - Todd - Lottery News

Americans gamble over half a trillion dollars illegally each year, AGA Report says
Illegal operators capture a third of all gambling revenue, according to study By Kate Northrop According to a report published by the American Gaming Association (AGA), Americans gamble an estimated $511 billion every year through unregulated sportsbooks and websites. Last week, AGA released a report on money spent in the unregulated sports betting and gaming market, which found that Americans spend more than half a trillion dollars on illegal gambling each year. The findings are
Dec 5, 2022, 2:22 pm - Todd - Lottery News

Nearly 68 million US adults plan to wager on Super Bowl
I would like to place a bet but I found out that sports betting is illegal in my state. Bummer. I've never done it before and would like to give it a try. Ah well.
Feb 11, 2024, 12:47 pm - GGStarlings - Lottery News

Maryland Lottery to switch to computerized drawings
The timing of announcement by the MD Lottery is interesting. They dropped this news just a few days after mobile sports betting went live. Not sure if there is a connection.
Dec 14, 2022, 9:55 am - Goteki54 - Lottery News

Americans gamble over half a trillion dollars illegally each year, AGA Report says
Call me what you want but I say GOOD. The casinos are trying to get the IRS to raise the taxable limit from $1200 to $5K on slot winnings. Yet the debacle continues with lottery winnings taxed @ anything over $600. Makes a lot of sense doesn't it? The US Government should abolish the 1962 law forbidding sports betting/lottery sales across state lines. IGT did win their case for sports betting though. Boat loads of cash for the US Treasury because folks are going to gamble be i
Dec 5, 2022, 4:09 pm - Bleudog101 - Lottery News

$1.1 BILLION: Mega Millions jackpot now the eighth-largest in history
OTOH if California had legalized sports betting, Oshani's interpreter would not in hot water right now. Their coffers would really be bursting if it ever was addressed there---don't know about that!
Mar 25, 2024, 7:09 am - Bleudog101 - Lottery News

New Jersey Lottery will begin selling tickets online
1961 Federal law which IMHO is long outdated prohibits this. That being said Sports Betting seems to be opening up a bit, so maybe the lotteries will be next. Have yet to find a lobbyist organization for lotteries though.
Aug 24, 2023, 12:56 pm - Bleudog101 - Lottery News

Mississippi Lottery passes $2 billion in gross sales
Played their lottery in Biloxi finally. Noticed they just added Double play to Powerball. A letter was mailed to them to compliment on them getting a lottery because they did not rush into it and memory says they thoroughly researched other lotteries before starting. Mentioned before, I think about WDRB interviewing me a year ago November regarding sports betting in Kentucky. I don't do that but mentioned folks will just go to neighboring states to bet. It did not pass, then suddenly it went
Jan 18, 2024, 5:40 pm - Bleudog101 - Lottery News

Page 1 of 2