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The proposed legislation would classify betting on elections, political events, sports and other real-world outcomes as illegal gambling in...
Operators will face fixed annual fees based on licence categories, with specific amounts set for each authorisation type.
Four operators currently meet this threshold: DraftKings, Caesars, Fanatics and FanDuel, representing approximately three-quarters of the market.
The prediction market platform has 30 days from 6 February to comply with the order requiring it to cease...
Rhodes led major reforms including enhanced safer gambling measures and strengthened enforcement against operators.
The bill proposes a 25% tax on adjusted gross gaming revenue, with potential for up to 51 platforms statewide.
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