Tag: Legal
Reporting for December has revealed the state of Indiana received $21,578,223 in sports wagering tax for 2022. This shows a 34.4% increase year-on-year, up from $16,053,010 received in 2021. The effective tax rate on GGR in Indiana is 9.5% which is on the lower side compared to the majority other states which offer regulated sports […]
Democratic Senator Carol Alvarado has filed a resolution seeking to legalize a limited number of resorts and facilities to offer casino and sports betting in Texas. The proposed law is Senate Joint Resolution 17 and would need two-thirds support by the state legislature to allow the Texan public to vote on it. The legislative session […]
Senator Jeremy S. McPike has introduced a bill in the Virginia Senate which seeks to undo prior legislation which does not allow operators to deduct any promotions when calculating adjusted gross revenue. The bill has been referred to the Committee on Finance and Appropriations. SB 1142 Sports betting; adjusted gross revenue seeks to once more […]
Ohio officially launched legal sports betting on January 1, with numerous tier one operators going live at midnight. Geolocation security and compliance company GeoComply’s published data suggests the launch was a large success, with 11.3m geolocation transactions recorded over the course of the New Year’s weekend. The Ohio online sports betting launch saw Ohio usurp […]
