According to the Texas Ethics Commission records, Las Vegas Sands has hired 60 lobbyists in Texas to make a push for a gaming expansion that could bring new legislation to the Lonestar state that would allow for additional casinos. Despite the small army of lobbyists, many believe that gaming expansion in the state could still…
Category: News
Ratcliff’s Questionable Practices Leaves New Indiana Casino in Limbo
The Indiana Gaming Commission has filed paperwork to permanently revoke the occupational gaming license of Rod Ratcliff, a principal owner of Gary’s Majestic Star casinos and the new Hard Rock Casino in Northern Indiana. Ratcliff, who has been a significant figure in the state’s gambling industry for years, is now being asked to give up…
Texas Could See Legal Casinos In 2021
Texas could play host to both casinos and legalized sports gambling in the new year. Las Vegas Sands, owned by Sheldon Adelson, has confirmed that it will be pushing lawmakers in the state to legalize casino play in Texas. The company has hired top lobbyists such as Andy Abboud to spearhead an initiative to pursue…
Connecticut Is Poised To Offer Sports Betting Pending Legalization
DraftKings has inked a deal with Foxwoods Resort Casino to host the casino’s online sports betting platform pending any change to Connecticut law. The company, headquartered in Boston, is an industry leader in sports gambling. No Legal Sports Betting Just Yet Connecticut approved daily fantasy sports in a bill for the state budget in 2017….
The Tennessee Sports Betting Game Plan
Tennessee has launched an all online sports betting program which industry leaders say is unlike any other in the country. Legal sports betting went live in the state on November 1. On July 1 of 2019, Tennessee legalized sports betting in the state and in April of this year, the Tennessee Education Lottery Corporation approved…
Sports Betting Under President Joseph Biden
President-Elect Joe Biden has spoken on some of the changes that he hopes to bring to many different industries. From healthcare to energy, and from education to housing, Joe Biden has been very outspoken on the short comings of the previous administration. However, many are eager to hear how he may change the face of…
New Jersey Moves To Expand Sports Betting to Include College Sports
A ballot question will likely appear for New Jersey voters in 2021. Legislators in the state are seeking to amend the constitution of the state to include sports betting on major college sporting events. Currently, the law in New Jersey prohibits sports gambling on college games played in the state or any games that involve…
Nebraska Governor Voices Opposition to Casino Vote
Nebraska Governor Pete Ricketts has expressed concern over the impending state ballot question regarding the legalization of casino gambling. In an article posted by the Omaha World Herald, Governor Ricketts outlines his reasons behind his decision to oppose the expansion of casino gambling in the state. The Human Cost The governor details his reasons for…
Amid the Pandemic, Sports Betting States Are Setting New Records
New Jersey has beaten its own sports betting revenue record. In September of this year, the state took in over $748 million in wagers on sports including the NFL. The New Jersey Division of Gaming Enforcement confirmed that the new record vastly surpasses the previous record set by New Jersey in August of $668 million…
To Raise or Not To Raise… the Limit on Slot Jackpot Reporting Threshold
In 1977 the Internal Revenue Service established a reporting threshold for slot jackpot winnings. Set at $1,200, that threshold has not been reviewed since. Industry leaders and government officials have made several requests to the Treasury and IRS to review the reporting threshold but, so far, no action has been seen. The Current Reporting Threshold…