Home » Archives for Admin » Page 781

Author: Admin

Post
Illinois Eyeing Sports Wagering Tax Up To 40%

Illinois Eyeing Sports Wagering Tax Up To 40%

BOSTON, MA – November 14: Draft Kings ad during the first half of the NBA game against the … [+] Oklahoma City Thunder at the TD Garden on November 14, 2022 in Boston, Massachusetts. (Photo by Matt Stone/MediaNews Group/Boston Herald via Getty Images) MediaNews Group via Getty Images The Illinois General Assembly has passed an...

Post
Rise of Online Casinos in South Africa and its Impact on the Country’s Economy

Rise of Online Casinos in South Africa and its Impact on the Country’s Economy

South Africa is among the most developed countries in Africa with a well-established casino sector. Online casinos in South Africa have significantly increased ever since they were first introduced in the 1990s. Several factors have contributed to the rise of online casinos in South Africa like technological advancements. The accessibility of the internet and smartphones...

Post
DraftKings, Flutter Shares Tumble on Illinois Sports Betting Tax Hike

DraftKings, Flutter Shares Tumble on Illinois Sports Betting Tax Hike

A budget agreement that will nearly triple the tax on some sports bets in Illinois roiled shares of the major sports books operating in the state, sending shares of DraftKings down as much as 14% during trading Tuesday, while competitor Flutter, owner of FanDuel, plunged 8%. Officials in Illinois agreed on a fiscal 2025 budget,...

Post
DraftKings Falls as Illinois Nears Sports Betting Tax Hike (1)

DraftKings Falls as Illinois Nears Sports Betting Tax Hike (1)

DraftKings Inc.-rte-company> and FanDuel-owner Flutter Entertainment Plc-rte-company> fell on Tuesday after the Illinois Senate passed legislation that would raise taxes on sports betting. The bills would make the sports gambling tax, which is currently 15%, to a new graduated format that would be as high as 40% on the adjusted gross revenue of sports gaming...

Post
Regulation And Safety On New Jersey Online Casino Market | OCNJ Daily

Regulation And Safety On New Jersey Online Casino Market | OCNJ Daily

In 1976, New Jersey voters voted for the legalization of casino gambling through a referendum. In 1978, the first legal casino, the Resort Casino Hotel, was opened, and this led to Atlantic City being the hub of gambling through the 1980s and 1990s. To date, Atlantic City is one of the most prestigious casino-related tourist...

Post
Best NBA Betting Apps in 2024 – Top NBA Mobile Sportsbooks

Best NBA Betting Apps in 2024 – Top NBA Mobile Sportsbooks

Looking forward to stepping onto the basketball court with a lineup of the best NBA betting apps ready to take your game to the next level? These mobile sportsbooks let you bet on players like LeBron, chase Championship glory with the Nuggets, and celebrate wildly when Steph Curry scores a 3-pointer on the buzzer to...

Post
2024 French Open Betting Picks, Odds, Predictions and Tennis Best Bets 5/29

2024 French Open Betting Picks, Odds, Predictions and Tennis Best Bets 5/29

This article is part of our Tennis Picks series. The second round of the French Open begins Wednesday. Two top-10 seeds on the men’s side could face stiff challenges from talented, young opponents, while American women at various stages of their careers will look to keep their Roland Garros runs going. All Tennis Odds &...

Post
Rangers vs. Panthers prediction: NHL playoffs odds, picks, best bets for Game 4

Rangers vs. Panthers prediction: NHL playoffs odds, picks, best bets for Game 4

Commercial Content 21+. The Rangers may have been dominated in Game 3 against the Panthers, but the scoreboard never lies; it’s now 2-1 for the Blueshirts. DraftKings, who recognizes the Rangers are a massive hazard to its business, has installed the Rangers as sizable +140 underdogs for Tuesday night’s Game 4 in Sunrise, Fla. The...

Post
North Carolina Sports Betting – Is Sports Betting Legal In NC?

North Carolina Sports Betting – Is Sports Betting Legal In NC?

North Carolina also has a number of high-profile Division I schools that bettors can wager on. Appalachian State Mountaineers The pride of the Sun Belt, the Mountaineers are best known for winning three straight FCS Championships from 2005 to 2007. They’re the only Division I school in North Carolina to win a National Championship in...

Post
DraftKings Stock Down 10% on Illinois Sports Betting Tax Update

DraftKings Stock Down 10% on Illinois Sports Betting Tax Update

The Illinois Senate passed a new sports betting tax raising sports betting taxation over 140% in 2025 The Illinois Senate passed a new sports betting tax this past weekend that will affect companies like DraftKings (DKNG), raising sports betting taxation over 140% in 2025. The current tax rate is 15%, and that number is increasing...

Post
Korda Shortest U.S. Open Betting Favorite Since Tiger Woods

Korda Shortest U.S. Open Betting Favorite Since Tiger Woods

Before Nelly Korda hits a shot in this year’s U.S. Women’s Open, she’ll still be talked about in the same breath as Tiger Woods, at least in sports betting circles. Korda enters the U.S. Women’s Open as a +300 betting favorite on Caesars Sportsbook, giving her the shortest pre-tournament betting odds of any golfer (male...