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UPDATE 6/14 6 pm ET – This story has been updated to include information about a bill Colorado Gov. Jared Polis signed into law last week to limit carryover deductions by licensed sports betting operators that will be effective next year. A report released Monday by the Colorado State Auditor uncovered several issues with how …

Sports wagering national advertising nearly quadrupled for the nine months ending May 31, soaring 281% to $282 million over that period, according to iSpot.tv. A scene from a FanDuel commercial. The operator is a leader in terms of sports betting advertising, according to a research firm. (Image: The Drum) From September 2021 through May 2022, …

Maryland casinos reported gross gaming revenue (GGR) last month of $178.76 million. The haul represents the second-best month on record. Maryland’s first casino opened in September 2010. Live! Casino Hotel Maryland in Hanover. Maryland casinos won just shy of $180 million from gamblers in May 2022. It’s the industry’s second all-time best month on record. …

In less than five months, New York has generated more than a quarter of a billion dollars in taxes from online sports betting. That’s according to a statement released Tuesday by Gov. Kathy Hochul. New York Gov. Kathy Hochul holds up a personalized Brooklyn Nets jersey during a Nov. 2, 2021, press conference at the …

Sports betting in Ohio will launch on Jan. 1, 2023. Ohio Casino Control Commission Executive Director Matt Schuler made the announcement at Wednesday’s commission meeting. A welcome sign on the Robert C. Byrd Bridge greets travelers entering Ohio from West Virginia. on Wednesday, the state’s Casino Control Commission announced sports betting will start on Jan. …

The California Teachers Association (CTA), one of the largest public-sector unions in California, has come out against the proposed referendum to legalize online sports betting in the state. California Teachers Association President E. Toby Boyd speaks during the union’s State Council of Education meeting in March. The CTA’s council has voted to oppose a measure …

Politicians in Poland are hoping to force the country’s Ministry of Finance to change the tax structure for sports betting activity. They want a tax on gross gaming revenue (GGR) instead of on turnover. The flags of Poland and European Union flying in front of the Polish parliament in Warsaw. Government officials are pushing for …

Betting on Saturday’s Preakness Stakes dropped by 5% from a record 2021, according to figures published by Pimlico Race Course. Early Voting, with jockey Jose Ortiz aboard, wins Saturday’s Preakness Stakes at Pimlico Race Course in Baltimore. Betting for the race, the second jewel in thoroughbred racing’s Triple Crown, was down about 5% from last …

The Massachusetts sports betting debate in the state Legislature is headed for a conference committee. That’s after the legislative chambers remained deadlocked regarding the regulatory specifics of the expanded gambling. DraftKings’ corporate office in Boston in 2020. Massachusetts sports betting discussions are entering a conference committee in hopes of Senate and House lawmakers ironing out …

New Jersey sports betting advertisements are flooding television and radio commercial breaks. One state lawmaker says such marketing is giving way to an increase in problem gambling. A DraftKings sports betting billboard advertises a low-risk promotional bet along a New Jersey highway. New Jersey Assemblyman Ralph Caputo is of the opinion that there are too …