Jill R. Dorson

Oceanside

Managing Editor at iGaming Business

Articles

No Action On Expanded Betting Market In Rhode Island

5 days ago | ingame.com | Jill R. Dorson

Rhode Island’s legislature closed just after 1:30 a.m. Saturday, and the House failed to take up a bill that would have opened the sports wagering market from a single operator to five. An amended version of SB 748 passed the Senate on June 4, 30-2, but never got a committee hearing in the House. The bill was reported to have been important to the late Senate President Dominick Ruggerio, which Senate Majority Leader Frank Ciccone acknowledged as the bill moved through the Senate.
Tribes Aren't The Only Ones Filing Briefs Backing NJ Vs. Kalshi

1 week ago | ingame.com | Jill R. Dorson

Writing that allowing Kalshi and other prediction markets to offer sports event contracts that mimic sports betting will “have a significant impact on their or their member tribes’ rights regarding gaming on Indian lands, as well as Indian gaming and tribal governmental revenue as a whole,” a group of more than 65 tribal entities Monday filed an amicus brief in Kalshi’s case against the state of New Jersey.
Penn Shareholders Seat Two, Not Three New Board Members

1 week ago | ingame.com | Jill R. Dorson

Penn Entertainment shareholders voted in two new board members, according to preliminary results announced Tuesday morning, despite activist investor HG Vora seeking three. The company’s annual meeting lasted about 12 minutes and lacked the fireworks some expected, given HG Vora’s public and brash campaign to seat three new members as Penn has argued only two spots were available.
Wyoming Committee Discusses Possibility Of Wagering Tax Hike

1 week ago | ingame.com | Jill R. Dorson

Sports betting operators could see taxes go up in yet another state after Wyoming’s Select Committee on Capital Finances and Investment last Thursday took the first steps toward filing legislation to increase tax rates for digital sports betting and historic horse racing (HHR). So far this year, Maryland lawmakers raised the digital wagering tax there from 15% to 20% effective July 1.
DraftKings, FanDuel May See Net Revenue Rise From Surcharge

1 week ago | ingame.com | Jill R. Dorson

The decision by DraftKings and FanDuel to balance out a new per-wager tax in Illinois with a 50-cents per-wager surcharge of their own could result in a net gain for both companies, Jefferies analysts wrote in a note Friday. Illinois lawmakers pushed through a last-minute first-of-its-kind tax in their budget May 31, but Gov. JB Pritzker has not signed the budget yet.
Penn Stock Projection, Scheffler and Venmo, More

2 weeks ago | ingame.com | Jill R. Dorson |Brant James

The U.S. sports betting world moves quickly and unpredictably in 2025. In order to properly take stock of it all, we offer InGame’s “EndGame,” an end-of-week compilation of the top storylines, some overlooked items, and all the other news bits from this past week that we found interesting. As Penn Entertainment prepares for what could be a fiery shareholders meeting next week, Susquehanna’s Joe Stauff writes that the potential fireworks likely won’t have a similar affect on the company’s stock.
US Federal Bill Proposes Using Wagering Excise Tax To Fund ICE

2 weeks ago | ingame.com | Jill R. Dorson

Who would have thought there would be an intersection between legal U.S. sports betting and immigration? That’s exactly what Republican Ohio Rep. Mike Rulli is proposing with a bill that would redirect proceeds from the federal wagering excise tax to fund Immigration and Customs Enforcement (ICE).
Tribal Leaders Fear Prediction Markets Will Become 'New Normal'

2 weeks ago | ingame.com | Jill R. Dorson

Voicing concern that if prediction markets continue to operate and become the “new normal,” it will be much harder to shut them down, panelists on the weekly “New Normal: Who Regulates the Regulators? The CFTC and the Future of Gaming Exclusivity” said Wednesday. And the Brian Quintenz Commodity Futures Trading Commission (CFTC) confirmation hearing didn’t offer much hope.
Guillen Comments Again Shine Spotlight On Betting Scandal

2 weeks ago | ingame.com | Jill R. Dorson

With former Shohei Ohtani interpreter Ippei Mizuhara set to report for a 57-month long federal prison term next Monday, ex-big leaguer and Chicago White Sox manager Ozzie Guillen late last week questioned Ohtani’s innocence in the scandal.
Louisiana Senate Approves 6.5% Digital Sports Betting Tax Hike

2 weeks ago | ingame.com | Jill R. Dorson

The Louisiana Senate Sunday afternoon approved a 6.5% tax increase on digital sports betting revenue, from 15% to 21.5%, by a vote of 35-3. The bill, HB 639, which passed the House May 20, will now be sent to Gov. Jeff Landry for signature. Should he sign it, the increase will be the third across the U.S. this year. Maryland Gov. Wes Moore last month signed his state’s budget bill, which included a 5% increase in the sports betting tax, from 15% to 20%.