sports betting
Gambling is broadly welcomed in Illinois Illinois is home to online sports betting and racetrack betting, as well as a lucrative land-based casino market. However, for the time being, online casino betting for real money is off the cards. The state is making moves to build on the $1.76 billion it garnered in gambling-based tax…
Read Full Article Illinois lawmakers just passed a new state budget, with a change that’s raising eyebrows in the sports betting world. Starting soon, each sports wager made in the state will come with a small fee: 25 cents per bet for the first 20 million bets a company takes, and 50 cents after that. At first glance,…
Read Full Article Missouri has officially joined the growing list of states that have legalized sports betting. Thismove signifies a transformative step for the state, enabling residents to place wagers bothonline and in-person, a dramatic shift from previous restrictions. This new legislation brings promising economic opportunities, including tax revenue for publicservices and enhanced fan engagement. As Missouri enters…
Read Full Article The intersection of live NBA games and sports betting behavior in Illinois presents a fascinating case study of how physical venue experiences shape wagering decisions. NBA Betting Tips also aid in the decision-making process of wagering on a specific team at high-stakes scenarios, but the United Center, for example, hosting Chicago Bulls home games, serves…
Read Full Article An end run around the Missouri General Assembly has the nation’s two largest sports books driving hard to their goal of crossing home plate with a big payday. A constitutional amendment to legalize sports wagering will be Amendment 2 on the Nov. 5 ballot, Secretary of State Jay Ashcroft’s office said Tuesday, after finding that backers had…
Read Full Article Frustrated with legislative inaction on sports wagering, Missouri’s major sports franchises are going directly to voters. On Friday, a coalition that includes six major sports teams and is backed by major donations from two sports betting platforms announced an initiative campaign to put sports gambling on this year’s ballot. In a news release, St. Louis Cardinals President Bill…
Read Full Article The Missouri House gave first-round approval Wednesday to a bill that would allow betting on major college and professional sports. The bill, sponsored by Rep. Dan Houx, R-Warrensburg, is the proposal preferred by the casinos and major sports teams, who would all get a piece of the action. A major part of the drive to allow…
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