March 15, 2023

Online Sports Betting in New York Ahead of Last Year, March Madness Expected to Boost Industry

The online sports betting industry in New York is ahead of where it was last year, with operators combining for $1.47 billion in accepted bets in February and nearly $3.3 billion over the first two months of 2023. The upcoming NCAA Tournament, March Madness, is expected to provide another boost to the industry and could generate up to $15.5 billion in handle, according to a survey by the American Gaming Association. In March 2022, NY sportsbooks took in $1.64 billion, which is the third-highest month in the industry’s short history. FanDuel Sportsbook NY led the way in February 2023 with $591 million in handle and over $53 million in gross gaming revenue. give a title
March 14, 2023

Macau Eases Entry Measures for Mainland China Travelers from Hong Kong

Macau has eased its entry measures for travelers from Hong Kong to mainland China, allowing them to enter directly without needing to provide a negative nucleic acid test or show the Macau Health Code, provided they haven’t been in Taiwan or other foreign countries within seven days prior to departure. The move is aimed at improving circulation between the SARs and the mainland and encouraging multi-destination tourism. The quarantine requirements for those aged above 3 and have traveled to or resided in Taiwan region or foreign countries remain unchanged. Macau and Hong Kong are both undergoing a continual opening up, with the lifting of mask mandates in most outdoor and indoor settings.
March 14, 2023

New bill filed to legalize online sports betting in North Carolina

House Bill 347 is a bill filed in the General Assembly in North Carolina seeking to legalize online sports betting, including professional and college sports. The bill, filed by Rep. Jason Saine of Lincoln County and a bipartisan group of lawmakers, would permit wagering on sports from cellphones and other electronic devices in North Carolina by Jan. 1, 2024. The bill would allow for up to a dozen operators to acquire five-year, $1 million renewable licenses to take bets, and sports betting would be taxed at 14%. Pro sports teams in North Carolina have backed legalization efforts, and the law will allow sports lounges at certain venues across the state, including PNC Arena in Raleigh, Bank of America Stadium in Charlotte, and Charlotte Motor Speedway. […]
March 15, 2023

Online Sports Betting in New York Ahead of Last Year, March Madness Expected to Boost Industry

The online sports betting industry in New York is ahead of where it was last year, with operators combining for $1.47 billion in accepted bets in February and nearly $3.3 billion over the first two months of 2023. The upcoming NCAA Tournament, March Madness, is expected to provide another boost to the industry and could generate up to $15.5 billion in handle, according to a survey by the American Gaming Association. In March 2022, NY sportsbooks took in $1.64 billion, which is the third-highest month in the industry’s short history. FanDuel Sportsbook NY led the way in February 2023 with $591 million in handle and over $53 million in gross gaming revenue. give a title
March 14, 2023

Macau Eases Entry Measures for Mainland China Travelers from Hong Kong

Macau has eased its entry measures for travelers from Hong Kong to mainland China, allowing them to enter directly without needing to provide a negative nucleic acid test or show the Macau Health Code, provided they haven’t been in Taiwan or other foreign countries within seven days prior to departure. The move is aimed at improving circulation between the SARs and the mainland and encouraging multi-destination tourism. The quarantine requirements for those aged above 3 and have traveled to or resided in Taiwan region or foreign countries remain unchanged. Macau and Hong Kong are both undergoing a continual opening up, with the lifting of mask mandates in most outdoor and indoor settings.
March 14, 2023

New bill filed to legalize online sports betting in North Carolina

House Bill 347 is a bill filed in the General Assembly in North Carolina seeking to legalize online sports betting, including professional and college sports. The bill, filed by Rep. Jason Saine of Lincoln County and a bipartisan group of lawmakers, would permit wagering on sports from cellphones and other electronic devices in North Carolina by Jan. 1, 2024. The bill would allow for up to a dozen operators to acquire five-year, $1 million renewable licenses to take bets, and sports betting would be taxed at 14%. Pro sports teams in North Carolina have backed legalization efforts, and the law will allow sports lounges at certain venues across the state, including PNC Arena in Raleigh, Bank of America Stadium in Charlotte, and Charlotte Motor Speedway. […]