http://m.msnewsnow.com/story/38477748/sports-betting-legalized-in-mississippi-casinos
JACKSON, MS (Mississippi News Now) - Sports betting will now be legal at casinos in Mississippi.
The Mississippi Gaming Commission voted Thursday to approve sports betting regulations, which will go into effect in 30 days.
The U.S. Supreme Court struck down a federal law last month that barred gambling on football, basketball, baseball and other sports in most states. In 2017, Mississippi changed its law to allow sports betting as part of a bill legalizing and regulating fantasy sports.
Because the law was already on the books, the commission was able to take quick action on presenting proposed regulations. Under the approved regulations, casinos will pay state and local taxes worth 12 percent of the wagers minus payouts. Bets can only be taken in casinos.
A representative of the PGA spoke after the vote, saying the regulations fall short and need to be expanded to prevent what he terms as potential “manipulation” if using official sports league data is not required.
We'll have much more on this story later today.
JACKSON, MS (Mississippi News Now) - Sports betting will now be legal at casinos in Mississippi.
The Mississippi Gaming Commission voted Thursday to approve sports betting regulations, which will go into effect in 30 days.
The U.S. Supreme Court struck down a federal law last month that barred gambling on football, basketball, baseball and other sports in most states. In 2017, Mississippi changed its law to allow sports betting as part of a bill legalizing and regulating fantasy sports.
Because the law was already on the books, the commission was able to take quick action on presenting proposed regulations. Under the approved regulations, casinos will pay state and local taxes worth 12 percent of the wagers minus payouts. Bets can only be taken in casinos.
A representative of the PGA spoke after the vote, saying the regulations fall short and need to be expanded to prevent what he terms as potential “manipulation” if using official sports league data is not required.
We'll have much more on this story later today.