Bet365 has been hit with another fine by New Jersey sports betting regulators, marking the second penalty in two months in the Garden State.
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New York online sports betting saw a robust performance in August, recording $1.43 billion in bets as the state prepares for the lucrative NFL and college football seasons.
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DraftKings is considering alternative solutions to manage high state taxes on sports betting, after withdrawing a controversial surcharge fee on winning bets.
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Maryland sports betting achieved a significant milestone in August 2024, surpassing $100 million in total sports betting tax revenue since the state’s first retail sportsbook opened in December 2021.
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Lachlan Murdoch, CEO of Fox Corporation, confirmed that the company intends to exercise its option to purchase an 18.6% stake in FanDuel, one of the leading US sports betting platforms.
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PENN Entertainment CEO Jay Snowden initially promised that ESPN BET would be live in New York by late August, just in time for the college football season.
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According to the AGA’s first official projection for this NFL season, American adults are expected to wager more than $35 billion at legal sportsbooks during the 2024 NFL season.
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