Industry News of the Day for February 15, 2019

New Jersey:

Colorado:

California:

Kentucky:

New Hampshire:

Tennessee:

  • Sports Business Daily (subscription paywall), 2.14.19 – Tennessee Politicians Mull Legalizing Sports Betting In ’19
    • After the U.S. Supreme Court ruling last year paved the way for legal sports gambling, states like Tennessee are still deciding “how to move forward with legalizing the online platforms that facilitate it,” according to a front-page piece by Natalie Allison of the Nashville TENNESSEAN.

Rhode Island:

Minnesota:

  • Legal Sports Report, 2.14.19 – You Can’t Handle The Truth About New Minnesota Sports Betting Bill
    • A new Minnesota sports betting bill takes a unique approach to handling the tax rate for the industry. Rather than tax the gross gaming revenue for operators, legislation announced Wednesday by Rep. Pat Garofalo is the first in the nation to calculate tax obligations based on the total amount wagered.

Connecticut:

  • Legal Sports Report, 2.14.19 – How A New Governor Could Help Connecticut Sports Betting Over The Hump
    • A change in governors could be just what Connecticut sports betting needs to finally get up and running. Last August, then-Gov. Dannel Malloy was rebuffed by the legislature when he requested a special session to approve a renegotiated compact agreement he discussed with the state’s Indian tribes.

Federal News:

  • NJ Gambling Sites, 2.14.19 – MGM’s CEO Sounds Off On ‘Perplexing’ New Wire Act Opinion
    • The Department of Justice’s new interpretation of the Wire Act does not have too many fans. Count Jim Murren, chairman and CEO of MGM Resorts International, among them. He addressed the controversial topic during the company’s earnings call on Wednesday.

Overall Industry News:

Connect