The state regulation of sports betting is a better option for America. That is what Sara Slane, senior vice president of public affairs at the American Gaming Association (AGA), stated in testimony before the House Judiciary Subcommittee on Crime, Terrorism, Homeland Security, and Investigations, “Post-PASPA: An Examination of Sports Betting in America,”. She emphasized that federal oversight of sports betting is unnecessary in ongoing efforts to create effective legal sports betting markets in the United States. Highlights of Slane’s opening remarks include: “Because of the active, robust state and regulatory tribal gaming oversight, gaming is one of the most strictly…

Mississippi sports betting took a total of $6.3 million during the first full month of regulation, but this figure is set to increase considerably as more companies launch in the US state. This handle corresponds to $644,000 in revenue for casinos and $77,000 in tax income for the state. Baseball proved to be the most popular sport, attracting $3.3m in bets in August, while punters wagered $1.4m on parlay betting and $1.3m on American football. Mississippi sports betting went live on August 1 and the first month of regulation in the state saw a number of companies roll out sports…

At the end of its last term, the Supreme Court voted to strengthen the Constitution in a 6-3 vote that was a long overdue decision on states sports betting… a vote to end a law that said “some states are more equal than others.” The question before the court was a 1992 law that banned states from regulating and taxing sports betting except in Nevada and three other states. The court ruled instead that all 50 states have to be treated the same, and that the federal government could not tell the states what to legalize or ban. While gambling…

A player who placed a FanDuel football bet after a glitch promised him 750-1 odds will be paid. This after the company’s automated system mistakenly generated long odds on the final moments of the Denver Broncos-Oakland Raiders game Sunday. The company initially refused to pay the bet placed at its sports book at the Meadowlands Racetrack, saying it isn’t obligated to pay for obvious errors. But FanDuel reversed field after consulting with state gambling regulators. “Above all else, sports betting is supposed to be fun,” the company said in a statement Thursday. “As a result of a pricing error this…

Sara Slane, Senior Vice President of Public Affairs for the American Gaming Association, has been invited to speak before a Congressional Committee on Sports Betting. Ms. Slane will provide testimony on behalf of the gaming industry, highlighting the AGA’s core principles for legalized sports betting. The House Judiciary Subcommittee on Crime, Terrorism, Homeland Security and Investigations announced earlier that they will be holding a hearing titled “Post-PASPA: An Examination of Sports Betting in America” on Thursday, September 27th at 10:00 a.m. EDT. Information on additional witnesses for the Committee on Sports Betting hearing has not yet been finalized, but it…

A constitutional amendment that would authorize Arkansas sports betting at four casinos is being considered in the state, but it looks as if New York will miss regulating sports wagering until next year. The Secretary of State of Arkansas has confirmed that the initiative will feature on the November 6 general election ballot, despite Governor Asa Hutchinson having declared his opposition to the effort. Should the motion pass, the state Racing Commission would be able to issue casino licenses for Arkansas sports betting to applicants in Jefferson County and Pope County, as well as Southland Racing Corp. in West Memphis and Oaklawn…