The Indiana Gaming Commission has authorized in-person and mobile sports wagering operators to offer bets on more than 25 Olympic sports during the summer games that begin Friday in Tokyo.
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(The Center Square) – For the first time, Illinoisans will be able to legally place a wager on Olympic event.
LARCHWOOD, Iowa -- State regulators have given the go ahead to a $8 million renovation of Grand Falls Casino & Golf Resorts.
The Hard Rock Casino in Gary is continuing to challenge the Horseshoe Casino in Hammond for the title of top gaming destination in Northwest Indiana.
DES MOINES — Iowa gamblers ended fiscal 2021 with a record-breaking flurry, setting new all-time marks for betting on casino, sports and lottery games that taken together topped $3.2 billion.
(The Center Square) – Illinois sports wagering declined for the second month in a row, but those placing bets in the state have a greater appetite than all but one other state.Since it’s been implemented, legal sports betting has generated over $53.8 million in taxes for the state of Illinois. An industry analyst expects gambling to develop further in the years ahead.PlayIllinois.com writer Joe Boozell says about $507 million was spent on sports bets in May in Illinois.“That was the No. 2 mark in the country, only behind New Jersey, ahead of states like Nevada and Pennsylvania, and obviously Nevada stands out as a sort of gambling mecca,” Boozell told WMAY. “So that was sort of the good news from the report.”“The bad news is that was a decline for the second straight month,” Boozell said.In April, the total bets placed was $537.2 million.Boozell said that’s to be expected with a slower sports season. But there’s another factor at play that kicked in this past April.“We think in-person registration, that means people have to go to a sportsbook or a racino to register for an account, that’s probably stunted some growth,” Boozell said. “That wasn’t the case for about seven straight months during the worst of COVID.”Sports betting was approved before the COVID-19 pandemic with a slated start in late 2020. Gov. J.B. Pritzker issued dozens of executive orders during the pandemic, including allowing remote registration for sports bets. He rescinded that order in April.Boozell said at the pace of more than $500 million in total bets a month, Illinois’ taxes generates around $5 million to $6 million a month.“It’s nothing to scoff at necessarily, but it’s also not a massive driver like some of these other fields,” Boozell said.The Sports Wagering Fund had nearly $43 million generated from taxes. Funds are to be transferred into the Capital Projects Fund.But, Boozell said there could be more revenue for the state if gambling is expanded. One area in the short term he said is likely is for the state to allow betting on collegiate teams in Illinois.“In the long term, I think, online casinos are a big thing that we’re watching in playing online blackjack, roulette, etc., just on your phone by downloading it,” he said. “There’s definitely legislative momentum in Illinois.”Some groups, like Illinois Church Action on Alcohol and Addiction Problems, oppose expanding gambling online. The group says it could harm younger people.
The Indiana Gaming Commission's decision to restart the licensing process for the Terre Haute casino could end up costing the city of Gary approximately $5 million.
On Nov. 2, New Jersey voters will decide at least two constitutional amendments, including an amendment to expand college sports betting. The ballot measure would allow wagering on postseason college sports competitions held in N.J. and competitions in which an N.J.-based college team participates. Currently, the state constitution permits sports betting except on games held in N.J. and on games featuring N.J.-based college teams. Therefore, the ballot measure would expand sports betting to include all postseason college sports competitions, as long as a nonprofit collegiate athletic association sanctions the game.
"The fundamental basics of a casino company are not present," said Sara Tait, Indiana Gaming Commission executive director, in describing Spectacle Entertainment, parent company of Gary's Hard Rock Casino.