While Sportech Venues Inc. has the exclusive license to offer off-track betting in Connecticut, that hasn’t stopped out-of-state and online operators from taking wagers from state residents. According to the company, the practice not only deprived it of revenue, but also meant lost tax revenue for the state.
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Sportsbook operator PointsBet has entered into a 20-year partnership with Hawthorne Race Course, a Chicago-area landmark and the longest continuously run family owned racetrack in North America.
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Illinois governor J.B. Pritzker on Friday signed a gambling package that will establish a huge casino in Chicago, as well as five smaller regional casinos in the southern suburbs. It’s a feat lawmakers and a succession of Chicago mayors have been trying to pull off unsuccessfully for years.
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On July 1, the Tennessee sports betting law became effective, putting the state squarely in the regulation-crafting phase of the process. The state still needs to form an advisory council on sports wagering, mandated under the new law. From there, establishing the regulatory framework will take several months.
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On Monday morning at the Oaklawn Racing Casino Resort in Hot Springs, Ark., general manager Wayne Smith placed the state’s first legal sports bet with a teller at the casino’s remodeled Race & Sports Book.
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Professional sports analyst and New York resident Ross Benjamin discusses his state’s recent legalization of sports wagering and their failure to include mobile betting.
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Two Democratic state lawmakers announced Thursday that they've introduced constitutional amendments after the U.S. Supreme Court overturned the federal ban on sports betting last year.
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Though it is possible an individual lawmaker could sponsor a bill – requiring a two-thirds majority for introduction – a gaming commission is more than likely a dead issue for now.
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In response to follow-up questions from The Washington Post, a spokesman for the city’s chief financial officer said the District’s sports betting operation is now expected to earn just $750,000 during the current fiscal year — which ends Sept. 30 — and generate $17.1 million during the next fiscal year.
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Over the past several months, a grassroots organization of obscure origin called the Wyoming Public Policy Center has been fighting tooth-and-nail in a campaign to defeat gambling regulations proposed in the state Legislature, employing experienced lobbyists and anonymously authored policy papers in efforts to influence policy
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The CEO of Virginia Beach, Virginia-based August Holding Corp. has founded a D.C.-based subsidiary company, Handle19 Inc., and plans to apply for a Class B sports wagering license under the District's legislation signed into law by Muriel Bowser early this year.
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New York finally passed laws to allow sports betting at land-based casinos in the state, which includes Native American casinos, but the Seneca Nation has not yet signed on.
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