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News from the world of sports betting

Sports Betting Bill Introduced in Ohio Senate, Schuring Hopes for Quick Passage

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Ohio lawmakers unveiled their latest attempt at a sports betting bill on Thursday, with hope they can fast track it through the state Legislature. Ohio Senate Majority leader Kirk Schuring holds a press conference Thursday to go over details of a sports betting and expanded gaming bill that the chamber will consider. He and other supporters of the measure hope to pass it by the end of June. (Image: The Ohio Channel) There remain several key details that lawmakers still need to flesh out. However, a key legislative leader expressed hope it can pass before lawmakers head out for summer break. There’ll be other iterations of the bill,” Senate Majority …

April Maryland Gaming Industry’s Third-Best Month Ever, Casinos Win $162.1M

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Maryland casinos won more than $162.1 million from gamblers last month. The haul is the state gaming industry’s third-highest gross gaming revenue (GGR) monthly performance in history. Maryland’s first casino opened in September of 2010. The Live! Casino & Hotel in Maryland is seen last month. The six casinos in the state enjoyed their third-best revenue month on record in April of 2021. (Image: The Baltimore Sun) The six licensed commercial casinos followed up their all-time high of $169 million in March with yet another strong performance. GGR totaled $0 in 2020, as the casinos were closed throughout the month on Gov. Larry Hogan’s (R) pandemic orders. But compared with …

Sportradar, SPAC Suitor Lengthen Acquisition Time Line

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Sportradar and Horizon Acquisition Corp. II (NYSE: HZON) are reportedly extending negotiations to bring the deal across the finish line. Horizon is the special purpose acquisition company (SPAC) looking to merge with the betting data provider. Investor Todd Boehly, seen speaking at an event above. His SPAC is still hammering out details with Sportradar. (Image: Bloomberg) The Swiss company has long been rumored to be seeking avenues to go public. This could either be by traditional initial public offering (IPO) or through a blank-check transaction. In March, rumors surfaced Todd Boehly’s Horizon Acquisition Corp. II was holding talks with Sportradar, and that a deal valuing the sportsbook data provider at …

Poll Concludes Florida Voters Want Say in Seminole Gaming Expansion

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A new poll finds that a majority of Florida voters want a say on whether the state should allow the Seminole Tribe to expand its gaming privileges. Florida Gov. Ron DeSantis (R) signs new Class III gaming terms as Seminole Chairman Marcellus Osceola Jr. looks on. A poll, however, finds voters in the state want to weigh in on the refreshed gaming terms. (Image: News Service of Florida) Last month, Florida Gov. Ron DeSantis (R) and the Seminole Tribe inked a deal that amounts to the largest expansion of gambling in the Sunshine State in decades. Under the new Class III gaming compact terms, the tribe would be permitted to …

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