Tag: nebraska

Nebraska lawmakers seem unprepared to consider digital wagering; it’s not clear they must

A Nebraska legislative committee late on Wednesday (31 July) heard testimony on five bills about an expansion of gaming in the state. Committee members appeared uneducated on the subject, which may already be legal.
In 2020, Nebraska voters approved an expansion of gaming when they passed an initiative that made “games of chance” legal. At the time, there was some question as to whether or not a game of chance includes sports betting. But the legislature later determined it does. That fact begs the question as to why the legislature feels it needs to pass laws that would make digital sports betting legal.

In 2022, Nebraska’s Racing and Gaming Commission declined to include language about digital betting in its regulations. Stakeholders asked the commission to include such language. The current law defines a gaming device as any “electronic, mechanical or other device which plays a game of chance when activated by a player”. It goes on to explain that sports wagers may be placed on “..

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Nebraska lawmakers could be first in US in 2024 to legalise or expand gambling

Nearly seven months into the year, no US jurisdiction has legalised or expanded gambling. Will Nebraska be the first?
Nebraska’s state legislature started a special session last week and, on Wednesday (30 July), the general affairs committee will debate five bills that could legalise digital sports betting and daily fantasy sports.

At the heart of the move to legalise digital sports betting is Nebraska’s high property taxes, which fund education. According to one of the bills, the state ranks among the top 10 in the US in “property tax burden” and “relies more heavily on local property taxes to support public education” than other states. The goal is reduce property taxes by using online sports betting revenue to defray the costs to homeowners.

Nebraskans approved an expansion of gaming in November 2020. At that time, it wasn’t clear whether or not that expansion included sports betting – retail or digital. But lawmakers eventually decided that in-person wagering met the criteria. ..

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State of the Union: CNBC Sports, new Illinois tax now in place, more

Welcome to iGB's State of the Union, a look at the biggest North American sports betting stories we've covered over the week and briefs on others we found interesting.

CNBC getting into sports

Per Steve Ruddock’s “Straight to the Point” substack, CNBC is adding a sports channel. What does that mean for sports betting? “That coverage includes sports betting, an area CNBC’s Contessa Brewer has been in the thick of for several years,” Ruddock wrote on Wednesday (3 July). Overall, the channel will focus on the intersection of sports and business.

Brewer has been among a handful of national news voices to cover the sports betting industry since PASPA was overturned in May 2018. She “will continue to focus on the money, data statistics and strategy behind the sports gaming industry” according to the press release.

Betting on colleges coming to NJ?

The one thing missing from the market often considered the gold standard of US wagering is the ability to bet on college sports in ..

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