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Dive into the World of Sports Wagering: Kansas Joins the Fray

Weekly Sports Betting Round-Up: Latest Updates, Fresh News, and Major Sports Stories Compiled for Your Reading Pleasure

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Weekly round-up of significant sports betting news, fresh updates, and key stories.
Weekly round-up of significant sports betting news, fresh updates, and key stories.

Dive into the World of Sports Wagering: Kansas Joins the Fray

Here's the weekend Sports Handle scoop, "Get a Grip," covering the top U.S. sports betting stories of the week. Let's get into it!

Sports Betting States on the Rise: Ohio, Massachusetts, and Maine

It's like New Year's Eve for the gambling industry – a new state launches sports betting! Ohio became the 32nd state to join the party on Thursday, following the U.S. Supreme Court's PASPA decision in May 2018. Even though Ohio's splash couldn't match the hype of New York's digital launch in January, it still means one more stone has fallen. Six digital operators kicked off the action, with six more to follow soon. Kansans immediately took advantage of special welcome offers and started placing bets in person at casinos across the state.

Ohio isn't the only state eager to jump on the betting bandwagon. Massachusetts and Maine have both legalized sports betting this year and are finalizing the regulations needed to get started. Meanwhile, Maryland – already up and running with retail sportsbooks – is gearing up to venture into digital sports betting like New York did.

Controversy, Winnings, and Problems: Other Sports Betting News

  • Can sports betting survive a recession? Is it as recession-proof as we thought? It's a valid question as we navigate these uncertain economic times.
  • The fascinating story behind Canada's oldest legal casino, Diamond Tooth Gerties, is a must-read.
  • Betting exchanges have officially arrived in the U.S., offering an alternative to traditional sportsbooks.
  • Netflix's new "Donaghy doc" traces the evolution of integrity in sports betting.
  • Rahmir Johnson, a sports betting addict, learned the hard way that breaking the rules can lead to controversy and hefty fines.
  • A NASCAR parlay provided a $1 million payout for a lucky FanDuel bettor.
  • California's Proposition 27 faces opposition from top elected officials, potentially delaying the state's sports betting launch.
  • Lottery analysis shows that hundreds of millions of dollars have been lost to skill games.
  • The first week of the NFL season marks the start of Responsible Gaming Month, with Caesars Sportsbook releasing a new responsible gaming ad featuring the NFL's Manning family.
  • Betfred entered Washington's sports betting market with the public opening of its sportsbook at Silver Reef Casino on Wednesday.
  • Fanatics, the sports merchandise company, is planning to launch BetFanatics, its own sportsbook, possibly as soon as the end of 2022.

Note: More details on the sports betting status of Ohio, Massachusetts, Maine, and Maryland can be found below.

State-by-State Details:

Ohio- Sports betting was legalized in 2022, with the Ohio Casino Control Commission regulating the market.- The state approved both online and retail sports betting simultaneously.- The official launch date for sports betting in Ohio was set for January 1, 2023.- By mid-2022, a large number of sportsbook license applications had been submitted ahead of the July 15 deadline, signaling strong market interest.- The state plans to issue up to 50 sportsbook licenses and expects annual tax revenue in the range of $70 million to $90 million, with a 10% tax rate (including a 2% allocation for problem gambling assistance).

Massachusetts- Massachusetts legalized sports betting earlier, with Governor Charlie Baker signing the relevant legislation allowing regulated sports wagering in the state prior to or during 2022.- The legal framework was set to regulate sports wagering through licensed operators, but specific launch dates and market details for 2022 were less highlighted in the search but were confirmed legal by April 2022.

Maine- Sports betting was legalized in Maine in April 2022 when Governor Janet Mills signed LD 585 into law.

Maryland- The search results did not provide direct details about Maryland’s sports betting status in 2022. However, it is known from broader context that Maryland had already legalized sports betting prior to 2022and had launched regulated sportsbooks by that year.

  1. Ohio, the 32nd state to jump into sports betting, launched responsibly on Thursday, joining the industry's growth and offering a new gaming option to bettors.
  2. Sportsbooks in Ohio are regulated by the Ohio Casino Control Commission, setting a limit of 50 licensed operators capable of offering both online and retail betting.
  3. The state plans to generate annual tax revenue between $70 million and $90 million, with a 10% tax rate, ensuring funds for problem gambling assistance.
  4. Massachusetts, also eager to capitalize on sports betting, has legalized the practice this year, but the specific launch dates and market details are less highlighted.
  5. Maine, another contender, legalized sports betting in April 2022, allowing for future regulations and maturing the gaming market.
  6. In neighboring Maryland, sports betting was already legalized prior to 2022, and retail sportsbooks had been launched by that year, preparing for the entry of digital sports betting.
  7. As the NFL season kicks off, highlighting America's love for sports, states like Ohio, Massachusetts, Maine, and Maryland are emphasizing the responsible approach to sports betting and stressing awareness for problem gambling.

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