Month: December 2024
After the failure of legislation that would have permitted sports wagering in the state, involving horse racing, the official legalization of sports wagering is up for a vote again Thursday in the Georgia senate.
However, this time the main focus of the legislation is to allow sports wagering in the state without legalizing horse racing betting.
Sports wagering added to a separate bill:
Senators revisited the act by attaching it to a separate soapbox derby bill, then quickly enacted it in the Senate Economic Development and Tourism Committee on an 8-1 vote.
Moreover, a new rewritten bill, House Bill 237, could soon be voted on by the full Senate.
On that note, Lt. Gov. Burt Jones, who helped bring the bill back to the Senate, said:…
Read MoreAs major sports leagues’ seasons start to taper off, a drop in sports betting totals is expected. In Pennsylvania, we are starting to see the slump. For May, the state Gaming Control Board is reporting a 6% decrease in handle for the month, with only $447.5 million wagered. Sportsbooks generated just over $37 million in revenues though, which was an increase of $1.4 million from April.
The majority of the wagers were placed online, at 91%. Sportsbook win percentage came in at 8.4%Venir de Tragamonedas Gratis Online. This was an increase from April’s 7.5%. Back in April, sportsbooks hit more than $5 billion total wagers for the fiscal year, and there was still one month remaining. This i…
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