Casinos Lay Out Reopening Plans Despite Uncertainties
When Las Vegas casinos reopen, guests will find chocolates in amenity bags have been replaced with hand sanitizer.
When Las Vegas casinos reopen, guests will find chocolates in amenity bags have been replaced with hand sanitizer.
Virginia lawmakers concurred Wednesday with Gov. Ralph Northam’s tweaks to a pair of sweeping gaming bills. Sports betting will be legal in the commonwealth and, assuming further approval by local officials, Virginia will approve legal casino gaming for the first time since its founding as a colony more than 400 years ago.
Oklahoma sports betting was technically legalized Tuesday at a handful of Native American casinos operated by two separate tribes, though further operational and possibly legal challenges could delay or derail legal wagering.
The Illinois Supreme Court ruled last week that a head-to-head daily fantasy contest from 2016 didn’t violate the state’s gambling laws because it was a game of skill, not chance, adding another chapter in the long, and oftentimes contradictory series of court battles regarding the legality of Illinois DFS.
A bill to reallocate sports betting revenues toward property tax relief in Pennsylvania underscores how gaming revenues could play a role in nationwide government budget shortfalls caused by the coronavirus outbreak.
Officials approved Tennessee sports betting regulations Wednesday with a controversial 90% payout cap, the first of its kind in the U.S. Wednesday’s vote was a critical step that will allow mobile wagering for eligible bettors statewide, but the 90% cap will be a self-inflicted handicap for Tennessee sports betting even before it launches.
Virginia’s two largest motorsports tracks could open online sportsbooks if Gov. Ralph Northam’s recommended adjustments to a sweeping sports betting bill are upheld by the legislature.
Legalizing online and retail sports betting in Massachusetts is starting to see a more concrete path to actualization more than a year after lawmakers introduced the first noteworthy bills to do so.
The American gaming industry faced unprecedented financial losses when nearly every state and locality implemented social distancing measures last month, effectively closing every casino in the country. Now that economic pain is coming into focus.
For roughly an hour, America had a legal betting option for a presidential election. FanDuel Sportsbook in West Virginia technically became the first regulated entity to offer bets on a political event, posting lines on the 2020 presidential election. A day after lines opened, the political betting option is closed.
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