Sam McQuillan

5 days ago | legalsportsreport.com | Sam McQuillan

A surprise Illinois sports betting tax hike could lead to sweeping changes beyond the state’s borders, according to Wall Street firms. Analysts say the new per-wager levy will force strategic adjustments from market leaders DraftKings and FanDuel that could affect betting behavior, pricing, promotions and lobbying priorities beyond the IL sports betting market, as other states consider similar changes.

1 week ago | legalsportsreport.com | Sam McQuillan

The Responsible Online Gaming Association published its first set of guidelines for how sportsbook operators should run VIP programs in an effort to apply responsible gaming principles to a high-revenue segment under scrutiny. The recommended practices announced Thursday include behavioral monitoring, specialized host training, and a requirement that VIP customers confirm their understanding of available responsible gaming tools.

1 week ago | legalsportsreport.com | Sam McQuillan

DraftKings has renewed its multiyear content partnership with Meadowlark Media, extending a relationship that began in 2021. DraftKings officially announced the deal Wednesday. It did not disclose financial terms of the renewal, however, the original deal was reportedly worth between $40 million and $50 million over three years. DraftKings was an early investor in Meadowlark, the media venture launched by former ESPN president John Skipper and longtime sports personality Dan Le Batard.

2 weeks ago | legalsportsreport.com | Sam McQuillan

Tennessee sports betting regulators are ordering offshore sportsbook BetOnline to stop taking bets in the state, the latest in a growing national effort to curb illegal gambling. The Sports Wagering Council issued a cease and desist letter to the Panama-based sportsbook on Tuesday, giving it until June 16 to withdraw from Tennessee. The website does not have a TN sports betting license and does not pay the state’s required taxes or licensing fees.

3 weeks ago | legalsportsreport.com | Sam McQuillan

Caesars is donating $200,000 to the International Center for Responsible Gaming to support problem gambling research and education, the nonprofit announced Tuesday. The majority of the funding, $180,000, will go toward competitive research grants and initiatives that study the biological and psychological factors driving gambling behavior, mental health correlations, and the effects of public policy, according to a press release.