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WYNN Legislative Bodies Adapt a New Approach to Online Betting Regulation
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NEW YORK, March 16, 2021 /PRNewswire/ Last year was crucial for the development of the legal infrastructure for sports betting, and 2021 is shaping up to be no less impactful. Nineteen states will decide whether to legalize sports betting services this year, either through voter referendums or state legislature statutes. According to a report by CNBC, if all nineteen states vote yes, that will more than double the number of states where sports betting is already legal. This is a big year, said DraftKings CEO Jason Robins in an interview. We ve got about 20 states set to vote on legalization. What percentage of those decide yes - that ll swing things either in a positive or negative direction for us. A major variable that states are expected to take into consideration is the potential tax revenue which will be generated if the lega
WYNN Legislative Bodies Adapt a New Approach to Online Betting Regulation prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
New Regulatory Terms Strengthen the Online Betting Market
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NEW YORK, March 12, 2021 /PRNewswire/ The first college sports deal with a gambling company outside of Nevada was recently implemented. According to a report by Bloomberg Tax, the deal between the University of Colorado and PointsBet an Australian based bookmaker launching its U.S. headquarters in Denver, is worth USD 1.625 Million, and includes tax-write offs. It is the latest in an explosion of ad-deals between sportsbooks and teams or leagues, although it s the first collegiate pact of its kind, the report explains. The more favorable attitude towards sports betting and online gambling is a trend that has started before the pandemic but was accelerated due to its effects. To illustrate just how popular online sports betting is in states where the market can already operate, according to data from Odds.com, which was published by Forbes, Illinois
New Regulatory Terms Strengthen the Online Betting Market mobilitytechzone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mobilitytechzone.com Daily Mail and Mail on Sunday newspapers.