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New Illinois Sports Betting Tax Rate to Take Effect on July 1
Governor JB Pritzker signed the Illinois budget for Fiscal Year 2025 this week. Also, it included the new Illinois sports betting tax rate for licensed sportsbooks, to the dismay of operators. The $53.1 billion budget included the first progressive tax rate for…
Nevada Rejects Proposed PropSwap Sports Betting Ticket Exchange
The Nevada Gaming Control Board turned down the proposed PropSwap sports betting ticket exchange. The NGCB is unwilling to permit sports betting companies to exchange sports bets. In addition, the state already banned PropSwap in 2021 because it operated without a…
Legalized Minnesota Sports Betting Back on Track
The legislative session is ending, but legalized Minnesota sports betting seems to be back on track. The House Ways and Means Committee approved a bill to legalize sports betting in the state. However, it will ban gambling devices at horse racing tracks. Also, there…
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