The post Virginia Sports Betting Bill Filed Ahead of 2019 Session appeared first on SportsHandle.
Virginia on Tuesday became the latest state to make an earnest move toward legalizing sports betting in 2019 when Delegate Mark Sickles (D-District 43) prefiled HB 1638 ahead of the opening of the legislative session on Jan. 9, 2019. The bill, which will be referred to committee for discussion, calls for a 15 percent tax rate on sports betting adjusted gross revenue, and a $250,000 licensing fee. There is no mention of a “royalty” or “integrity fee” to be paid to the professional sports leagues.
Lawmakers in Tennessee and Kentucky have also prefiled bills ahead of their sessions and several other states, including Michigan, Maryland and Massachusetts have publicly discussed sports betting recently.
Since the Supreme Court struck down the Professional and Amateur Sports Protection Act in May, seven states states outside of Nevada have either legalized or seen its authorized licensees begin accepting sports bets. Although Virginia is very much not a gaming state as casinos are prohibited by law, apparently sports betting may be on the table.
Read more Virginia Sports Betting Bill Filed Ahead of 2019 Session on SportsHandle.
The New Mexico Lottery Board on Tuesday voted to approve a game linked with the outcome of sporting events, the Santa Fe New Mexican reported. The game will mark the second venture for an entity in New Mexico to offer sports betting after the Supreme Court struck down the Professional and Amateur Sports Protection Act in May. Just last month, the tribal-owned Santa Ana Star Casino & Hotel, with USBookmaking as its operator, launched a sportsbook.
Though details of the new lottery game were not made public, it’s likely it will involve parlay wagering, similar to Delaware’s sports lottery. In such a game, players must select the winners of at least three sports events and select each one correctly in order to win.
The driving force behind developing a sports-related lottery game is to generate more money for education, which the lottery funds. Lottery CEO David Barden told the Santa Fe New Mexican that the new game could produce $30 million a year, with $9 million to be directed to the lottery’s college tuition assistance program.
Read more New Mexico Lottery to Offer Game Tied to Sports on SportsHandle.
The post Oregon Lottery Rolls Out App, Sports Betting Coming Later This Fall appeared first on SportsHandle.
The Oregon Lottery rolled out its mobile app, which eventually will include a sports betting option, on Sept. 11 in the Apple App Store. Lottery officials said the expectation is that some sort of sports betting game should be available on the app later this fall.
The app, which allows lottery customers to check for winning numbers, is in its infancy and will ultimately have myriad options for the consumers to use. According to lottery officials, the plan is have the app available to Google and Android users some time in November, and at that the point, the lottery will begin marketing it.
The app is in its “launch” version and users should expect incremental changes as times wears on.