Industry News of the Day for May 4, 2022

iDEA Growth Member News:




  • Sports Handle, 5.3.22: Virginia Loses Out On Potential Tax Revenue Due To Promotional Credits
    • Given recent financial figures, changes could be coming to sports wagering in Virginia. Mobile sports wagering operations launched in Virginia in January of 2021, and the state has left potential tax revenue on the table due to promotional tax deductions.


  • Sports Handle, 5.3.22: Draft Vermont Bill Would Allow For Statewide Mobile Wagering
    • A draft Vermont sports wagering bill obtained by Sports Handle reveals a proposal that would allow for statewide mobile wagering regulated by the Board of Liquor and Lottery. The prospective legislation would allow for up to six mobile platforms and require potential operators to go through a bidding process during which applicants would essentially name their own tax rate.