Colorado Sports Betting Vote Today

Residents decide today whether to legalize Colorado sports betting and use the tax revenue to help conserve the state’s most precious resource: water. The proposal has bipartisan support from lawmakers and interest groups and only token opposition, Local 12 reports. Most states have since generated limited tax revenue from gambling on sporting events. Colorado’s proposal would dedicate a similarly limited revenue stream to a state water conservation plan launched under former Governor John Hickenlooper. In an era of climate change and frequent drought, the plan envisions a decades-long effort to meet the needs of the Denver metropolitan area, the state’s…

Michigan Sports Betting & Online Gaming Move Forward

The state House of Representatives has passed legislation that would regulate Michigan sports betting, online gaming and fantasy sports. This move comes even as legislators have not reached an agreement with the Governor, who continues to express concerns that the activities could cut revenue from the state lottery. The main measures in the 10-bill package passed on 63-45 and 62-44 votes, with many Republicans and some Democrats in support. The legislation, which also would regulate the fast-growing paid fantasy sports industry, was sent to the Republican-led Senate for future consideration. An 8.75 percent tax would be collected on Michigan sports…

The Ohio Sports Betting Debate

When it comes to the debate over Ohio sports betting, two competing bills are awaiting votes in state legislature that may determine how the activity is regulated. While Governor Mike DeWine has expressed his support of legal betting on sports, efforts to make it into law are split over which state agency would be in charge. One bill comes with a 10% tax and would give control to the Ohio Lottery Commission while the Ohio Casino Commission would carry investigative responsibilities. The second bill would grant control to the Ohio Casino Commission. Betting on sporting events has already been legalized…

FanDuel sued

FanDuel in Indiana, DraftKings in Iowa

FanDuel in Indiana: GAN, a developer and supplier of enterprise-level B2B internet gaming software, services and online gaming content in the US, has broadened its existing agreement with FanDuel Group. The partnership now sees FanDuel taking GAN’s platform into Indiana for rapid deployment of account services for internet sports betting, following the start of internet gaming in the state earlier this month. FanDuel launched internet sports betting for residents of Indiana this week, following the parties obtaining all applicable regulatory consents. The development, said GAN, represents a material increase in the value of the partnership.  Read more at SBC Americas….

Ohio sports betting

Major Universities Want Collegiate Sports Betting Ban

Ohio’s public colleges and universities are asking lawmakers for a collegiate sports betting ban as the state moves to authorize sports wagering, saying that bets on amateur athletic contests could compromise those sports. Several lawmakers asked Johnson how the state could realistically enforce a ban, especially with a program as prominent as Ohio State football. Rep. Gary Scherer, a Republican from Circleville in central Ohio, said he had personally placed a bet in Las Vegas for Ohio State to win the national football championship this season. Ohio State supports such a ban. Wagering on collegiate sports runs the risk of…

Judge Allows D.C. Sports Betting

A Superior Court judge has denied a request for an injunction that would have blocked a no-bid contract for Intralot to manage D.C. sports betting. The decision allows the District to move ahead with the contract, although the underlying lawsuit is still pending. The District’s contract with Intralot had been on hold for several weeks while both sides made legal arguments. The lawsuit filed by Dylan Carragher, a D.C. resident and the founder of a sports-betting technology business, argued that the $215 million contract over five years with Intralot violated federal law because District officials awarded it without competitive bidding….

Americans Overwhelmingly Support Legalized Sports Betting

An amazing 63 percent of Americans now support legalized sports betting in the country, with a record 8-in-10 Americans supporting legalizing sports betting within their state. Fifteen states have active or pre-filed bills to legalize sports betting in their jurisdictions and an additional dozen states are likely to consider sports betting legislation in 2019. Check out our October 2019 legalized sports betting interview with the AGA: Two thirds of those surveyed (66 percent) agree that regulation and oversight of gaming should be left to individual jurisdictions. Additional findings include little public support for professional sports leagues taking a share of…

Wynn Sports Betting Deals in Indiana and Colorado

Full House Resorts has made two deals with Wynn Resorts. The agreement means that Wynn sports betting will be arriving in Indiana and Colorado. Further details of the two agreements were not disclosed, but Full House said the new deals mean that it has now utilized all of its permitted sports wagering opportunities in both Indiana and Colorado. Full House operates Bronco Billy’s Casino and Hotel in Colorado and Rising Star Casino Resort in Indiana, while Wynn Resorts has land-based properties in both Nevada and Massachusetts. The two deals come after Full House last month also agreed a deal with…