Posts Tagged :

online sports betting

Sports Betting Bill Gets Support of Vermont Senate

The HALLO ECHO

  Vermonters will likely be able to place legal bets on sporting events starting in January. Currently, Vermont is the only state in the Northeast that does not allow online sports betting. But the Senate advanced legislation last week to change that. Under the bill, the Department of Liquor and Lottery would administer the program…

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French Gambling Regulator Fines Seven Firms

The HALLO ECHO

  The French gambling regulator l’Autorité Nationale des Jeux (ANJ) has issued warnings and financial penalties against seven online sports betting operators for passing France’s mandatory player return rate (TRJ in French) ceiling. Investigating the operators’ activities in 2021, it found that they had breached rules that prohibit them from redistributing more than 85% of…

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California Democratic Party Opposes Legalizing Online Sports Betting

The HALLO ECHO

  The California Democratic Party revealed its ballot measure endorsements for November, and the measure to legalize online sports betting was not among them. The party voted in opposition of Prop 27, the online sports betting measure, while remaining neutral on a separate measure to legalize sports betting at tribal casinos and race horse tracks.…

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Maine Governor Signs Sports Betting Bill

The HALLO ECHO

  Maine governor Janet Mills has signed a bill that would allow for both retail and tribal-operated online sports betting into law. LD 585 would allow for the state’s four Native American tribes to apply for a license to operate online sports betting. These tribes may then partner with one online operator each. The license…

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Bally’s Corporation Awarded Online Sports Betting License in New York

The HALLO ECHO

  Bally’s Corporation has announced that it has been awarded one of nine licenses to conduct online sports betting in the State of New York. “Bally’s is pleased to have been awarded an online sports betting license from the State of New York – the most populous state to enable OSB – and would like…

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EGBA Supports Changes to Poland’s Tax Base for Online Sports Betting

The HALLO ECHO

  According to a new opinion paper by Professor Konrad Raczkowski, Poland’s former finance minister, replacing Poland’s high turnover-based tax for online sports betting with a tax based on gross gaming revenue (GGR) would contribute to a more viable and attractive online gambling market for the country’s sports bettors and raise more tax revenues for…

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