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Daily Archives: January 11, 2024

January 11, 2024

Sports Betting Alliance opposes California sports betting ballots

The Sports Betting Alliance (SBA), a group of leading US gambling operators, has declared its opposition to two sports betting ballots in California, saying it will not financially support either initiative.

Both ballots would give tribes exclusive rights to offer retail and online sports betting in California. They were filed with the state’s attorney-general in October 2023.

CALIFORNIA’S SPORTS BETTING BALLOTS WERE FILED WITH THE STATE’S ATTORNEY-GENERAL IN OCTOBER 2023

The two ballots name Reeve Collins, co-founder and CEO of Pala Interactive, as the contact for media inquiries. Pala Interactive was founded by the Pala Band of Mission Indians in 2013. It was acquired by Boyd Gaming in November 2022.

Authors of the ballots have been seeking financial support for signature gathering from sports betting operators. However, SBA members – BetMGM, DraftKings, FanDuel and Fanatics Sportsbooks – have said they will not provide funding.

SBA blasts proposed ballots

SBA spokesperson Nat..

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January 11, 2024

North Carolina sports betting launch edges closer as internal controls deadline set

North Carolina has taken a step closer to launching legal sports betting after the US state’s lottery commission set a deadline of 26 January for operators to submit their internal controls.

Operators applying for a sports betting licence in North Carolina must send over proposed controls by this date. The North Carolina State Lottery said this helps ensure the applicant is ready to launch on the market’s opening day.

The deadline was set during a Commission meeting staged yesterday (10 January). During the same meeting, the Commission approved processes and documents advising applicants on submitting internal controls for approval.

Each licensed operator must receive approval of internal controls before offering bets in North Carolina.

Uncertainty remains over opening date

the north carolina application process launched at the start of december

North Carolina is yet to set a launch date for legal sports betting, although it is expected to be in March 2024. Commission chair Ripl..

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January 11, 2024

Vermont opens legal sports betting market

Vermont has announced the launch of its legal sports betting market, with players in the Green Mountain State now able to wager on sports with DraftKings, FanDuel and Fanatics.

The Vermont market opened at midnight local time today (11 January). Governor Phil Scott and department of liquor and lottery commissioner, Wendy Knight, confirmed the launch date last month.

Scott signed House Bill 127 into law in June of last year, legalising sports betting in the state. The bill permits up to six online sportsbooks to operate in Vermont. Licensed operators will pay tax at rate of 20% of adjusted gross sports betting revenue.

vermont signed house bill 127 into law in june 2023

So far, three operators have been approved to offer mobile sports betting. The Vermont Department of Liquor and Lottery selected DraftKings, FanDuel and Fanatics Sportsbook through a competitive bid process.

“We are pleased to have selected three of the industry’s top companies to offer Vermonters and visitors the o..

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