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Why does Maine’s sports betting tax money go?

Why does Maine’s sports betting tax money go?

PORTLAND (WGME) — It’s been about a year since sports wagering went live in Maine, allowing Mainers to place bets with the push of a button. And the state cashes in on 10 percent of that gambling revenue. Kathy asked the CBS13 I-Team: “I saw your recent segment about where the gambling money goes from...

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Upgraded Caesars Sportsbook promo code offers ,000 bonus for Veterans Day sports betting odds this Monday

Upgraded Caesars Sportsbook promo code offers $1,000 bonus for Veterans Day sports betting odds this Monday

This Veterans Day, Monday, November 11th, 2024, Caesars Sportsbook is giving fans an opportunity to make the most of their wagers with an exclusive $1,000 betting bonus using promo code “ALMEDIA1000.” Monday Night Football promises high-stakes excitement as the Miami Dolphins take on the Los Angeles Rams. Plus, college basketball fans have another reason to...

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Maine’s first in-person sports betting bar opens in Portland

Maine’s first in-person sports betting bar opens in Portland

PORTLAND (WGME) – Maine’s first, in-person sports-betting bar is officially open. “Oddfellahs” opened on Market Street on Friday. For those familiar with the Old Port over the years, it’s where “The Big Easy” used to be. The bar has partnered with Caesars Sportsbook, one of two sportsbooks authorized under Maine’s new law to run sports...

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Maine Legislator Miffed About Lack Of Retail Sports Betting

Maine Legislator Miffed About Lack Of Retail Sports Betting

Maine Senator Joe Baldacci isn’t pleased about the lack of retail sports betting in the state, according to a recent report from News Center Maine. “It is both surprising and unacceptable that not a single retail operator has commenced operations,” Baldacci wrote in a letter to Milton Champion, the executive director of Maine’s sports betting...

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Maine In-Person Sports Betting: What’s Causing the Delay? | Point Spreads

Maine In-Person Sports Betting: What’s Causing the Delay? | Point Spreads

The wait continues for Maine in-person sports betting. Despite being signed into law long ago, there’s still uncertainty about when operations will go into effect. The stagnation has frustrated legislators who remain in the dark about the roll out of in-person betting statewide. Sen. Joe Balducci, D-Bangor inquired about the subject this week. In a...

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Online sports gambling in Maine draws 9 million in first 6 months

Online sports gambling in Maine draws $239 million in first 6 months

Gamblers in Maine are making use of new online betting, with nearly $239 million in wagers in the first six months. Milton Champion, executive director of the state’s gambling control unit, said Friday that he found betting operations have gone smoothly since online betting began in November 2023. That includes high-volume periods such as the...