Virginia’s Battle over Bingo Intensifies

A seemingly-innocuous bill in the Virginia Senate is causing quite a stir among the Commonwealth’s bingo community. 

According to the summary of SB 1127, introduced by State Sen. Bryce Reeves (R-17th District), the bill “Removes the requirement that an organization qualified to conduct bingo games may only play instant bingo, network bingo, pull tabs, or seal cards as part of such bingo games and at such times designated in a permit, if any, for regular bingo games.”

Read More

Online Sports Betting, Marijuana Legalization Unlikely for Minnesota in 2021

During the COVID-19 pandemic, states are turning to new revenue sources in an attempt to avoid raising taxes while filling a projected gaping budget deficit.

For Minnesota, that number is a $1.3 billion projected shortfall for fiscal year 2022-2023.

But top lawmakers say two revenue sources that have been popular in other states are unlikely to be signed into law this year; namely, the legalization of recreational marijuana and online sports betting.

Read More

Bellagio Error May Be Biggest Sportsbook Loss for Las Vegas

The nearly quarter-million dollars in winning wagers reportedly placed at MGM Resorts last Sunday might be the largest sportsbook loss in Las Vegas history on bets made after an event has started.

Seven longtime Las Vegas bookmakers can’t recall a larger loss, the Las Vegas Review-Journal reports. But each oddsmaker has taken hits on past posts and said it’s a fairly common occurrence at books.

Read More

Ohio House Approves Bill Legalizing Sports Wagering

House lawmakers on Thursday passed a bill to legalize sports wagering in Ohio, a move that could generate millions in tax revenue for the state.

House Bill 194 levies a 10 percent tax on gross gaming revenue with proceeds to  benefit education in the Buckeye State. The measure could bring in $17.7 million in additional revenue for the state during the 2022 fiscal year and $23 million during the 2023 fiscal year, according to the Legislative Service Commission (LSC).

Read More

Ten Laws That Spell Major Changes for Ohio in 2019

In terms of legislation, 2018 may be considered one of Ohio’s most impactful years in recent history. From the approval of the first medicinal marijuana dispensary to new abortion limitations, 2019 will see a dramatic change for many Ohioans. Compiled below are ten of the most significant changes coming to the…

Read More