
Queensland, Australia, to Raise Sports Betting Taxes Across the Board
News, Sports Betting NewsLegal sports betting in Queensland is likely to get more expensive. The Australian state is increasing the tax rate on operators, as well as introducing a new tax on items previously exempt.

Australian Online Sportsbooks Prove Too Strong for the Government
News, Sports Betting NewsOnline sportsbooks in Australia wield a great deal of power, even over the government. They are capable of swaying government decisions to their own benefit in order to control how much they pay in taxes.

Australian online sports betting license for Rivalry Corporation
News, Sports Betting NewsCanadian online sportsbetting operator Rivalry Corporation has announced that it has been granted a license that will allow it to start offering a wide range of its services to punters located across the length and breadth of Australia.

Tabcorp scores new multi-year agreement with NFL named Official Wagering Partner in Australia
News, Sports Betting NewsAustralia’s leading diversified gambling entertainment group, Tabcorp Holdings Limited (ASX:TAH), has entered into a new wagering partnership with the National Football League (NFL).

Australia experiences rise in two-year remote gambling rate
News, Sports Betting NewsA new two-year investigation has revealed that more Australians than ever before have been turning to their telephones and computers in order to enjoy some form of gambling entertainment.

Hong Kong Gambling Den Violence: Man Fatally Stabbed, Woman Beaten
News, Sports Betting NewsA man was knifed to death Fiday at an illicit gaming joint in Hong Kong. A woman was punched and kicked until she lost consciousness. Suspects were apprehended.

Marina Bay Sands Needs 2,000 Employees as Singapore Visitation Improves
News, Sports Betting NewsMarina Bay Sands in Singapore needs employees – lots of them. The Las Vegas Sands (LVS) integrated resort (IR) is going on a hiring spree, and will hold a job fair for candidates next week.

iGaming, Sports Betting Stocks Looking at Trying Earnings Season, Says Analyst
News, Sports Betting NewsInvestors are repudiating gaming stocks this year, and with first-quarter earnings season looming, online casino and sportsbook stocks could be particularly vulnerable to more downside.

Mets Owner Steve Cohen Pushing for Citi Field Casino
News, Sports Betting NewsNew York Mets owner Steve Cohen wants to bring a casino to Citi Field, and is cozying up to some important local politicians, including Mayor Eric Adams, to drive forward that effort.

DraftKings, Genius Sports Among Worst Stock-Based Compensation Offenders
News, Sports Betting NewsGenius Sports (NYSE:GENI) and DraftKings (NASDAQ:DKNG) are the worst offenders in terms of equity-based compensation as a percentage of 2021 gross profits.

Portugal Implements Ban on Publication of Live Odds for Sports Events
News, Sports Betting NewsIn-game betting is increasingly popular in the sports world. It’s taking a step backward in Portugal, though, following the introduction of a new regulation restricting where sportsbooks can publish their odds.

BetMGM Mishap Leads to $25k in New Jersey Fines
News, Sports Betting NewsLast year, BetMGM took a small amount of wagers on New Jersey college basketball teams. But the state prohibits bets on games involving local universities, leading to a fine for the gaming operator.

Chile Considering Ban on Sports Betting Advertising Sponsorships
News, Sports Betting NewsChile could become the latest country to ban sports betting advertising in sports events. A legislator with the Independent Democratic Union Party hopes his initiative will lead the way.

Maverick Gaming Washington State Sports Betting Suit Temporarily Halted
News, Sports Betting NewsA federal judge is temporarily halting Maverick Gaming’s suit against the state of Washington. That action alleges the state is permitting a tribal gaming monopoly over regulated sports betting there.

Tiger Woods, Phil Mickelson Draw Masters Action Despite Long Odds of Playing
News, Sports Betting NewsTiger Woods and Phil Mickelson have eight green jackets between the two of them, so the betting enthusiasm behind the two World Golf Hall of Fame members for next month’s Masters isn’t exactly surprising. What is surprising is that substantial wagers continue to roll in on the two, despite little chance of either teeing it up April 7-10 at August National.

UK Bettor Claims Sportsbook Owes £5m for Winning Wager
News, Sports Betting NewsA Coventry man claims that BoyleSports lost his betting slip worth £5m ($6.5m). [Image: Shutterstock.com]

BetMGM Enters Illinois Just in Time for Mobile Betting Registration
News, Sports Betting NewsBetMGM, one of the largest iGaming and online sportsbook operators in the US, announced today it’s accepting sports wagers in Illinois.

New York Lawmakers Seek Inclusion, Lower Taxes in Mobile Sports Betting
News, Sports Betting NewsNew York’s top gaming lawmakers are teaming up for a proposal that would greatly overhaul how mobile sports betting operates in the state. Not only do they want to expand the number of operators, but they also want to reduce taxes, allow write-offs, and include more minority representation in the industry.

Arkansas Sports Betting Begins Online, 21st State with Legal Mobile Wagers
News, Sports Betting NewsArkansas has officially joined 20 other states, plus DC, in launching legal online sports betting.

DraftKings Staking Polygon Rewards, Shares Slump on Analyst Downgrade
News, Sports Betting NewsDraftKings (NASDAQ:DKNG) is moving further into the cryptocurrency space, announcing today it will stake digital assets to support the Polygon blockchain network. But shares of the gaming company are sliding due to an analyst downgrade.

Atlanta Falcons’ Calvin Ridley Suspended for 2022 Season for Wagering on NFL Games
News, Sports Betting NewsAtlanta Falcons wide receiver Calvin Ridley will miss at least the entirety of the 2022 NFL season after the league suspended him for betting on games in 2021.

Mansion Group Gives up on Sports Betting to Focus on Casino
News, Sports Betting NewsMansion Group is exiting the sports betting scene. The gaming operator announced its departure, but added that it will continue its iGaming operations.

Genius Sports, Hard Rock Helped NFL Catch Atlanta Falcons’ Calvin Ridley Bets
News, Sports Betting NewsOn Monday, the NFL announced Atlanta Falcons wide receiver Calvin Ridley is suspended for at least the 2022 season for placing wagers on league games, including at least one involving his team. In the aftermath of that news, it appears both a data provider and a gaming company played parts in assisting the NFL in its investigation.

Macron Heavily Favored to Win French Presidential Election in Latest Odds
News, Sports Betting NewsEmmanuel Macron is running away with the French presidential election. The incumbent leader already had a good head start. But Smarkets data shows that he is extending his odds.
