Tag: Sports Betting Alliance

Illinois raises sports betting tax as part of the 2026 budget

4 June 2025 at 6:46am UTC-4
Minutes before midnight on Saturday, Illinois lawmakers passed an additional tax on sports bets. The new tax will incur US$0.25 for every bet placed with a licensed sportsbook ...

Sportsbooks react against North Carolina tax rise

13 May 2025 at 9:54am UTC-4
Sports betting companies are pushing back against North Carolina’s recent budget proposal to raise the tax paid on revenue from 8% to 36%. The proposal passed the Senate on ...

New Jersey comes closer to banning sweepstakes casinos

12 May 2025 at 5:46pm UTC-4
New Jersey has become the latest state to introduce legislation prohibiting online sweepstakes casinos after the Tourism, Gaming, and Arts Committee passed a bill targeting the ...

Analyst hails prospective California sports betting accord

3 April 2025 at 4:10pm UTC-4
Although no company has confirmed discussions with California tribes, one stock analyst applauded the alleged negotiations. Jefferies Equity Research analyst David Katz voiced ...

Indiana committee approves new igaming bill

30 January 2025 at 5:46am UTC-5
Indiana’s House of Representatives Public Policy Committee has approved House Bill 1432, put forward by Representative Ethan Manning. The bill, which aims to legalize igaming ...