Latest Sports betting News

Massachusetts Statehouse hearing to focus on sports betting

May. 25, 2019 10:53 AM EDT

BOSTON (AP) — How best to legalize sports betting in Massachusetts will be the focus of a pair of hearings at the Statehouse this week as lawmakers work to tackle the latest shift in the state's gambling landscape. The hearings will focus on several bills that aim to regulate betting on sports events,...

Illinois lawmakers have 5 days left, 5 big issues to settle

May. 25, 2019 10:22 AM EDT

SPRINGFIELD, Ill. (AP) — The Illinois General Assembly commenced its spring session in January with a bold directive from new Gov. J.B. Pritzker for a balanced budget, legalized marijuana and sports betting, a revamped income tax system, and a multibillion-dollar state construction program. It enters its...

Tennessee governor allows sports betting without signature

May. 24, 2019 4:32 PM EDT

NASHVILLE, Tenn. (AP) — Tennessee is about to become the first state in the nation to offer an online-only sportsbook as the governor says he has reluctantly allowed a sports betting proposal to become law without his signature. However Gov. Bill Lee on Friday warned that any future attempt to expand...

Court date set for New Jersey sports betting lawsuit

May. 23, 2019 12:15 PM EDT

NEWARK, N.J. (AP) — A federal appeals court will hear arguments in New Jersey's lawsuit against the pro sports leagues over sports betting revenues. The suit filed on behalf of Monmouth Park Racetrack seeks roughly $140 million in damages it says is lost revenue from being barred from offering sports...

Fantasy sports regulations, tax win Louisiana House support

May. 22, 2019 7:57 PM EDT

BATON ROUGE, La. (AP) — Lawmakers in the Louisiana House have backed a regulatory framework and tax rate for online fantasy sports contests for cash prizes, games that were legalized in nearly three-quarters of the state's parishes in November's election. Forty-seven of Louisiana's 64 parishes supported...

Pritzker says tax increases worth it for construction plan

May. 22, 2019 7:55 PM EDT

SPRINGFIELD, Ill. (AP) — Gov. J.B. Pritzker said Wednesday he is confident that Illinois residents will swallow $1.8 billion in new and increased taxes to pay for a massive state construction program , while a key Republican said some of the taxes aren't acceptable and lawmakers may have to seek revenue...

Fantasy sports regulation advances in North Carolina House

May. 22, 2019 4:28 PM EDT

RALEIGH, N.C. (AP) — A repeat effort to regulate popular fantasy sports games in North Carolina advanced through a House panel on Wednesday, two years after a similar effort was derailed. The House Commerce Committee voted for the measure, which would require companies that operate fantasy sports to pay...

Borgata casino unveils $12M sports bet, nightspot project

May. 22, 2019 10:06 AM EDT

ATLANTIC CITY, N.J. (AP) — Atlantic City's Borgata casino is investing $12 million in a new sports betting and entertainment project. Casino officials tell The Associated Press it will open a sports bar and sports betting facility named Moneyline Bar & Book on June 29. The name is a reference to the...

Pension reform plan advances, kicker rebate not targeted

May. 21, 2019 7:54 PM EDT

SALEM, Ore. (AP) — A plan to rein in the growing costs of Oregon's public pension system was sent to the Senate floor Tuesday after passing two key committees. But Democratic leaders face a stiffer battle before the full chamber, where some members of their own party are recoiling at the idea of dipping...

Louisiana's sports betting legalization effort edges ahead

May. 21, 2019 4:47 PM EDT

BATON ROUGE, La. (AP) — A proposal to legalize sports betting in Louisiana edged forward in the Legislature, winning the backing Tuesday of a committee packed with several anti-gambling lawmakers who unsuccessfully sought to derail the measure. The Senate-supported legalization bill won passage from the...