Compliance Updates
Maine Legislature Passes Sports Betting Bill

Maine legislature has passed the sports betting bill. The Legislative Document 553 was given final approval by each chamber of the legislature and will now pass to Governor Janet Mills to be signed into law.
LD553 opens up the market to all of the state’s bricks and mortar gaming venues, such as commercial racetracks, off-track betting facilities, and commercial and tribal casinos. It will also allow mobile operators to apply for licences without the need for a land-based partner in the state.
Successful applicants will have to pay $20,000 as licence fee, 10% tax on land-based wagering revenue and 16% rate for mobile wagering. The bulk of revenue raised through these taxes will be allocated to the Maine General Fund.
Operators will be permitted to offer odds on all professional, collegiate and amateur sports events. Betting on events involving Maine-based colleges and universities will be prohibited. Only citizens aged 21 and above will be allowed to bet.
-
Asia7 days ago
BETBY TRIUMPHS AT SiGMA ASIA MANILA, WINNING BEST ESPORTS PROVIDER AWARD
-
Interviews7 days ago
Bet Builder Q&A w/Abelson Sports’ CBO Jeevan Jeyaratnam
-
Conferences in Europe7 days ago
WiseGaming ready to showcase agile platform at SBC Malta
-
Latest News6 days ago
Nolimit City revisits our favourite dwarf in Fire In The Hole 3
-
Latest News6 days ago
Oddschecker Announces Key Grid Position Updates
-
Gambling in the USA6 days ago
Gaming Americas Weekly Roundup – May 26-June 1
-
Asia6 days ago
FANATICS BETTING AND GAMING COMES TO THE PHILIPPINES AS CLAYMORE DEAL BOOSTS ECONOMY
-
Asia4 days ago
Japan’s House of Representatives Passes Bill to Ban Online Casinos