Arizona’s Historic Milestone In a remarkable turn of events, Arizona has surpassed Nevada in monthly sports betting handle for the first time since the legalization of sports betting. The Arizona Department of Gaming’s April report reveals that the state’s total handle soared to an impressive $656.3 million, outperforming Nevada by a staggering $87.2 million. Consistent […]
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Expanding Horizons: Arizona Set to Welcome More Sports Betting Operators
New Opportunities in Arizona’s Sports Betting Arena The Arizona Department of Gaming (ADG) recently announced plans to enhance the state’s sports betting industry by welcoming additional operators. Currently, Arizona hosts 17 licensed sportsbooks, but with provisions for up to 20, there is room for growth. The focus is now on introducing at least two more […]
Congressman Advocates for Slot Machine Ban in Military Establishments
Proposed Legislative Changes to Enhance Service Member Welfare A member of the U.S. Congress has taken a significant step by proposing an amendment to the National Defense Authorization Act (NDAA), aiming to eliminate slot machines from military bases. The initiative, led by Rep. Paul Tonko from New York’s 20th district, targets the reduction of gambling […]
Illinois Senate Approves Progressive Tax Structure for Sports Betting
The Illinois Senate has voted in favor of a new bill that restructures the tax system for sports betting operators within the state. Passed with a vote of 37-22, the bill, known as HB 4951, introduces a progressive tax scale based on the adjusted gross revenue (AGR) of sports betting companies. This significant shift in […]