Latest Gambling laws and regulations News
Tennessee panel OKs 3 sportsbook firms before Nov start goal
NASHVILLE, Tenn. (AP) — A Tennessee panel on Wednesday conditionally approved licenses for the first three sportsbook operators under Tennessee’s online-only sports betting program, which is expected to begin allowing wagers on Nov. 1. FanDuel, BetMGM and DraftKings drew the approval Wednesday from...
Michigan lawmakers unveil, approve $62.7B state budget
LANSING, Mich. (AP) — Michigan lawmakers Wednesday swiftly proposed and passed a $62.7 billion budget that will keep spending flat thanks to a federal rescue and avoid major cuts that had been feared due to the coronavirus pandemic. The bipartisan plan was unveiled in the morning and won final approval by...
Illinois legislator hit with federal tax charge resigns
CHICAGO (AP) — Illinois state Sen. Terry Link, who was hit last month with federal charge of filing a false income tax return for 2016, announced his resignation Friday after 24 years in the Legislature. Link’s resignation, which goes into effect Saturday, garnered a brief reaction from Illinois...
Nebraska court strips medical marijuana measure from ballot
LINCOLN, Neb. (AP) — Nebraska voters won't get the chance to legalize medical marijuana this year after the state Supreme Court ruled Thursday that the measure set to appear on the November ballot is unconstitutional. The court's ruling was a win for social conservatives, including Gov. Pete Ricketts, who...
Games company lays off 250 employees amid lawsuits
SEATTLE (AP) — A games company based out of Seattle said it would lay off 250 employees, the Seattle Times reported. Big Fish Games told staffers in a memo on Tuesday that the move was being made from a position of “financial strength." Company officials said that saving money was not the impetus...
Nevada casino winnings report charts slow return of gamblers
LAS VEGAS (AP) — Casinos reported sluggish results in winnings last month, resulting from a slow return of business following more than two months of coronavirus closures, Nevada regulators said Wednesday. House winnings, a key index of state fiscal health, were down almost 26.2% in July, tallying $757...
Nebraska elections head: Gambling measure won't make ballot
OMAHA, Neb. (AP) — Nebraska’s top elections official said Tuesday that he won’t put three measures to legalize casino gambling on the November ballot, arguing that the language they used was misleading and confusing. The decision by Republican Secretary of State Bob Evnen means voters won't...
Virus closures send Atlantic City casinos to $112M Q2 loss
ATLANTIC CITY, N.J. (AP) — The coronavirus outbreak sent Atlantic City's casinos plunging to a $112 million second quarter gross operating loss as the gambling houses remained closed for the entire three-month period, according to figures released Monday by state gambling regulators. That compares with an...
Lottery CEO: Tennessee sports betting to start by Nov. 1
NASHVILLE, Tenn. (AP) — The Tennessee Lottery’s leader expects the state’s first sportsbooks under its online-only sports betting law to go live no later than Nov. 1. At a board meeting Wednesday, Lottery President and CEO Rebecca Hargrove said four operators have submitted completed...
Longtime Illinois state senator hit with federal tax charge
CHICAGO (AP) — Longtime state Sen. Terry Link was charged in federal court Thursday with filing a false tax return, the latest Illinois lawmaker to face public corruption charges. Link reported an income of $264,450 in 2016 when the "defendant knew that the total income substantially exceeded that...
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