Price is Right Slot Machine

IGT Platform Powers New Jersey Sports Betting

International Game Technology PLC announced today that MGM Resorts International is utilizing IGT’s sports betting platform to run its retail sports betting in New Jersey. IGT was selected by MGM Resorts to provide its end-to-end sports betting solution at Borgata Hotel Casino and Spa in Atlantic City, New Jersey. Borgata has opened for sports betting with IGT’s retail point-of-sale system, enabling in-casino patrons to place in-play and pre-match sports bets over the counter, effective today. IGT brings significant expertise and experience to providing leading technology to MGM Resorts sports betting. IGT currently powers MGM Resorts’ retail sports betting at 10…

Rhode Island Regulates Sports Betting at Steep Price

Rhode Island Governor Gina Raimondo signed a $9.6 billion budget for fiscal 2019 on Friday that legalizes sports betting and gives the state 51 percent of the revenues from the wagers. The budget for the fiscal year starting July 1 counts on $23.5 million of new revenue from sports betting, though the activity is not expected to go live until Oct. 1. Even so, the move could give Rhode Island an early edge in New England’s sports betting market, as states across the country look to legalize the activity after last month’s U.S. Supreme Court ruling overturning a 1992 law…

Kentucky Wants in on Sports Betting Action

Kentucky lawmakers want a piece of the U.S. sports betting pie after the country’s highest tribunal repealed the Professional and Amateur Sports Protection Act (PASPA) of 1992, according to the Kentucky Public Radio. A bi-partisan panel, consisting of six members of the state House of Representatives and three members of the Senate, has been formed to draft and file legislation to implement legal sports betting in Kentucky. Some of the members of the bi-partisan panel were among the lawmakers who pushed for regulation of sports betting in Kentucky in 2017. Sen. Julian Carroll was the first to propose legalizing the…

Pennsylvania sports betting launched

Pennsylvania Fantasy Sports Net $1.3 Million in May

Over $12 Million Collected in Entry Fees Pennsylvania regulators say online fantasy sports players paid $12.4 million in entry fees to participate in the first month of game-playing being newly regulated and taxed by the state. The Pennsylvania Gaming Control Board said Wednesday that 10 licensed operators reported $1.3 million in revenue from May’s activity after prizes were paid, and paid nearly $200,000 to satisfy the state’s 15 percent tax. Pennsylvanians can play Fantasy Sports if they are at least 18 years old. More at AP

Sports Betting Hearing Pushed Back in US Congress

US Congress has postponed next week’s sports betting hearing, while New York legislators have failed to pass a bill in time to legalize sports wagering this year. Earlier this week, it was revealed that the House Judiciary Committee had set a tentative date of June 26 for the hearing. The NFL American football league was one of a number of parties that had been invited to testify at the hearing, which was to focus last month’s Supreme Court ruling on the federal 1992 Professional and Amateur Sports Protection Act (PASPA). Both Delaware and New Jersey have since passed legislation to…

North Carolina Fantasy Sports Face Problems

A bill that seeks the legalization of North Carolina fantasy sports has been taken down from a second committee last week as the panel was forced to change the language of the bill. As this is the second defeat for the bill, it won’t likely pass in this legislative session. The bill, which doesn’t include sports betting operations, stated that fantasy sports wasn’t gambling. Sponsor of the bill Rep. Jason Saine insisted that the bill wasn’t aimed at opening the state to sports books. “Let me be clear. This bill in no way authorizes sports betting or any other form…