Legal

The Senate Commerce and Insurance Committee delivered its verdict in favor of HB 347 roughly one month after the House of Representatives voted on the sports betting bill. The changes of note were to the tax rate and addition of pari-mutuel betting on horse racing events.

The partnership, signed in 2020, was designated to run through the 2025-26 school year. It had drawn criticism in recent months because of how it allegedly marketed and encouraged sports betting for college students, a claim that both parties denied was the focus of their union.

Milt Champion, executive director of the Gambling Control Unit, was told to take a hiatus last Wednesday after it was revealed he posted sexist and racially-charged tweets. The suspension was announced shortly after a reporter for the Portland Press Herald inquired about the tweets.

The Ohio Casino Control Commission (OCCC) sent a note to Fanatics ordering it to take down its offer that all visitors would receive bonus bets equal to their cart value whenever they purchased apparel on its merchandise site.

According to the American Gaming Association (AGA)’s Commercial Gaming Revenue Tracker, the first quarter of 2023 resulted in a three-month record revenue total of $2.79 billion. That’s a 70.1% increase year-to-year and a slight improvement over the previous quarterly record of $2.61 billion from Q4 2022.

“I've said repeatedly there is little to no support for expanding gaming from Senate GOP,” Lt. Gov. Dan Patrick, a longstanding opponent to the expansion of legal sports betting, said on Twitter. “I polled members this week. Nothing changed. The senate must focus on issues voters expect us to pass.”

While the anticipation of the new casino, the Windy City’s first, continues to build, its parent company needs to meet diversity standards established by the Securities and Exchange Commission (SEC). Bally’s proposed the idea to the SEC in a letter that is confidential for the time being.

Panelists and guests connected to sports teams and gambling entities at SBC Summit North America shared a consistent message: that micro-betting is picking up steam and will become a prominent fixture in sports betting very soon.

The University of Iowa announced Monday that 26 athletes across five sports and more than 100 people are believed to have placed sports bets against the terms presented by the governing body. Iowa State University revealed that it also believes 15 athletes across three sports are in the same boat.

After retrieving the blocks of cash from the safe, Eddy put them into a box she covered with rags and strolled over to the parking garage, hopped in a minivan, and left the scene. She returned a half-hour later to sneak four more bricks of cash out of the casino.