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prime sports – FairOdds Network

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State of the Union: Congressional hearing on tap, FanDuel making noise in MI, 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.

FanDuel rallies customers against proposed MI tax hike

FanDuel this week sent a letter to Michigan customers encouraging them to oppose two bills that would raise tax rates on digital sports betting and icasino, according to Casino Reports. One bill would increase the tax rate on digital wagering by 0.1%. Another would raise the rate on online casino by 1%. The idea is to generate more tax dollars for state and local governments.

FanDuel’s emails point customers to a form on the Sports Betting Alliance’s (SBA) website. The SBA also has tabs to click through to encourage consumers in Georgia and Texas to tell lawmakers they want legal digital gambling.

The SBA is a trade group comprised of BetMGM, DraftKings, Fanatics Sporstsbook and FanDuel.

Congress to discuss legal sports betting

The US Senate Commit..

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Sporttrade, Plannatech awarded Arizona event wagering licences

On Friday (2 August) the Arizona Department of Gaming (ADoG) awarded two tribal-tethered event wagering licences. Sporttrade, currently live in Iowa, New Jersey and Colorado, and UK-based Plannatech are now approved to offer digital betting.
Both companies will be tethered to tribes. Sporttrade will partner with the Quechan Indian tribe of the Fort Yuma Indian reservation and Plannatech will partner with San Carlos Apache Tribal Gaming Enterprise.

The Quechan tribe was formerly partnered with Unibet, which exited the state earlier this year. The San Carlos Apache were partnered with WynnBet, which is unwinding its platform across the country.

Sporttrade offers exchange wagering in New Jersey and has technology that allows an experience similar to playing the stock market. But the company has struggled to convince other regulators to allow this type of betting. It is live in Colorado and Iowa as a traditional sportsbook.

It is not apparent that Arizona allows exchange wagering.
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