Articles by Zach Wolpin (314)
New York Senator Joe Addabbo introduced SB 8185 in 2024. Addabbo wanted to help tackle the state’s growing deficit and bring revenue to New York. He addressed this issue with the idea of online gaming in the Empire State. However, Addabbo saw how hard it was for his bill to get the support it needed. […]
Monday, May 20 is the final day of Minnesota’s 2024 regular session. Lawmakers in the state have worked diligently to get a bill passed that would allow sports betting. The bill’s main sponsor has been Senator Zack Stephenson. His legal battle to try and legalize sports betting in Minnesota has lasted for four sessions. On […]
Over the last five months, Barstool Sports founder Dave Portnoy has cashed in on some long-term bets. He’s won over $5.4 million. The 47-year-old won $1.5 million when Michigan and Washington won their college football playoff semi-final games. Next up for Portnoy was a future on the Kansas City Chiefs to win the Super Bowl. […]
In New York, Congressman Paul Tonko (D-NY) is working to make sports betting safer for customers. Tonko is including language in a federal bill that will restrict the frequency of sports betting advertisements. He plans to do this through the SAFE Bet Act. The three major areas of focus for Paul Tonko are advertising affordability […]
Last September, Bally’s Chicago casino had its grand opening. They are currently set up at the historic Medinah Temple. According to figures from April, it was the first month-over-month decline since they opened. Figures from the Illinois Gaming Board noted that Bally’s Chicago dipped 7% to around $10.4 million. Additionally, visits to the casino dropped […]
Dave and Buster’s announced they plan to incorporate peer-to-peer in-app betting for their arcade games. That news has resulted in pushback from gaming regulators and lawmakers. They question whether this type of wagering violates gaming laws in the US. Dave and Buster’s are working with gamification software developer Lucra. They’re working to help incorporate social […]
In Tennessee, their sports betting handle increased by 20.7% from April 2023. Bettors in the state wagered $384.2 million on sports in April. That data was provided by the Tennessee Sports Wagering Advisory Council (SWAC). Despite their betting handle being up 20.7% year-over-year, it was still down significantly from the $473 million in March 2024. […]
Per the Iowa Racing and Gaming Commission (IRGC), the state’s sports betting handle in April 2024 was $209.5 million. That is a year-over-year increase of 21.4% and down 23.1% from the previous month. Iowa saw $272 million bet in March 2024. That was their sixth-highest total in state history. With a 7.9% hold across all […]
Since 1999, Alabama has failed in nearly every legislative session to get gaming expanded in the Cotton State. It’s been an ongoing struggle for the last 25 years. Last week, a gaming package compromise reached by the Conference Committee was one vote shy of the three-fifths majority needed. Their committee was made of three state […]
For several months, NCAA President Charlie Baker has been working to get college player props nationally banned. With the help of lawmakers, Baker wants to protect collegiate athletes from harassment that has happened in the past due to sports betting. During a meeting last Thursday, lawmakers in Wyoming took a step toward banning collegiate player […]