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...
Category: Sports
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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...
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BetMGM Bonus Code DIME1500 Unlocks $1,500 First Bet on NBA, NHL + MLB
Photo Credit: Craig Dudek Step into the action with BetMGM bonus code DIME1500 and go all in on Timberwolves-Mavericks or Panthers-Rangers. This new promo is an opportunity for bettors to go big on the games. Click this link to sign up. Start with BetMGM bonus code DIME1500 to unlock this $1,500 first bet. New users...
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DraftKings Stock Hobbles To Worst Day Since 2022 On Illinois Tax Fears
Topline Bets on sports betting giants came up short Tuesday, as shares of gambling market dominators DraftKings and FanDuel tanked as Illinois closed in on a significant increase on the tax rate facing the companies’ operations in the state. Tuesday was an icy day for DraftKings investors. Getty Images Key Facts DraftKings stock nosedived 11%...
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SCOTUS Sets Florida Online Sports Betting Conference for June
SCOTUS has agreed to discuss the Florida online sports betting case on June 13, 2024 SCOTUS will decide whether to grant writ of certiorari on this date If accepted, a decision on Florida online sports betting’s fate may drag into 2025 June is going to be a huge month for Florida’s online sports betting fate....
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Tennessee Sports Betting Follows National Trend in April 2024
Tennessee seems to be following a broad nationwide pattern of spring/summer sports betting activity declines but year-over-year growth for participating legal sports wagering states. As seasons change, it’s become what we expect from our best sports betting sites. On Friday, the Tennessee Sports Wagering Council (SWC) April revenue report was released. While overall wagers dropped nearly...
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New York Rangers vs Florida Panthers Game 4 Prediction, Odds & Player Props to Bet (May. 28)
May 26, 2024; Sunrise, Florida, USA; Florida Panthers center Aleksander Barkov (16) moves the puck as New York Rangers center Jack Roslovic (96) defends during the third period in game three of the Eastern Conference Final of the 2024 Stanley Cup Playoffs at Amerant Bank Arena. Mandatory Credit: Sam Navarro-USA TODAY Sports The Florida Panthers...
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Updated Bet365 bonus code “DIMERS”: Secure $1,150 welcome bonus and five new promos this week
As of Tuesday, May 28th, 2024, Bet365 is offering an exciting bonus code for this week’s major sports events: the NBA Conference Finals, NHL Conference Finals, MLB games, and UFC 302. The Bet365 trending bonus code “DIMERS” remains active throughout the month, providing a stellar $1,150 offer to enhance your betting experience. This bonus is...
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ClutchBet Sportsbook Review – May 2024
Forbes Advisor receives compensation from partner links on this page. Online bets are not legal in all locations, and this content is meant for those 21+. Winnings are not guaranteed, and you may lose all of your wagered funds. If you or someone you know has a gambling problem, call 1-800-GAMBLER While sports betting has...
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IC360 Launches New Platform To Report Betting Harassment
Integrity Compliance 360 (IC360) announced the launch of Alert360 on Tuesday, a platform aimed at giving players, coaches, trainers, officials, and other individuals an easy way to report harassment without fear of retaliation. The platform, which was created in partnership with RealResponse, launches as harassment continues to be a topic of discussion in the sports...
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If election were today, Missouri sports betting initiative would fail
Missouri Scout, a private news service covering state politics, earlier this month released a poll that shows legal sports betting doesn’t have voter support. The poll, which showed voters also oppose legal abortion, reenforces Missouri’s conservative stature. If the November election were held today, the Missouri sports betting initiative proposal backed by the state’s professional...
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Learning lessons from historic sports-betting scandals
Sports gambling creates a windfall, but raises questions of integrity, says CU Boulder researcher Jared Bahir Browsh Sports betting is having a big moment across the United States. While gambling on sports has been legal for decades in countries such as the U.K., it wasn’t until 2018 that the U.S. Supreme Court ruled that states could...