FanDuel Opposes Michigan Tax Hike as Congress Considers Federal Gambling Regulation
FanDuel Urges Michigan Users to Protest Proposed Tax Increases
FanDuel has launched a campaign against two proposed tax bills in Michigan that aim to increase levies on digital sports betting and online casinos. One proposal seeks a 0.1% increase on sports betting taxes, while the other suggests a 1% hike for online casino operators. The state government intends to use these additional revenues to bolster local and state budgets.
FanDuel has sent emails directing customers to a Sports Betting Alliance (SBA) website. The SBA, which includes major operators like BetMGM, DraftKings, Fanatics Sportsbook, and FanDuel, is also encouraging players in Georgia and Texas to advocate for the legalization of digital gambling.
Federal Oversight of Sports Betting Under Consideration
The U.S. Senate Judiciary Committee has scheduled a hearing for December 17 to discuss potential federal regulation of online gambling. Since the repeal of the Professional and Amateur Sports Protection Act (PASPA) in 2018, gambling laws have been managed at the state level. However, some lawmakers and responsible gambling advocates are pushing for nationwide guidelines.
In September, Senator Richard Blumenthal and Representative Paul Tonko introduced the SAFE Bet Act. The proposed legislation would establish federal standards for responsible gambling, impose stricter advertising requirements, and require federal approval for states seeking to expand betting operations.
Prime Sports Enters Kentucky’s Betting Market
On December 10, the Kentucky Horse Racing Commission (KHRC) approved Prime Sports as the ninth sports betting platform in the state. Partnering with Churchill Downs, Prime Sports pledges not to restrict experienced players and to create a welcoming environment for all users.
Since launching sports betting in September 2023, Kentucky has reported $46.1 million in tax revenues from $2.9 billion in wagers.
William Hill Penalised for Regulatory Breach in New Jersey
William Hill faced a $20,000 fine for accepting bets on already completed matches through its Atlantic City sportsbook. The company’s technology partner, Amelco, was also fined $10,000 for enabling a wager on an unlawful election-related bet.
FanDuel Introduces “MySpend” Responsible Gambling Tool
On December 10, FanDuel launched a new responsible gambling feature called “MySpend.” The tool allows users to track their spending and set gambling budgets. This initiative underscores the company’s commitment to promoting safer gambling practices.
California Card Rooms Invest in Political Defense
California card rooms have invested $3 million to counter political opposition from tribal entities supporting SB 549. The proposed bill, which would allow tribes to sue card rooms over certain practices before 2025, has been a point of contention. Card rooms are working to protect their operational model through political lobbying.
