Sports Betting Legalization Update, New State Taxes | USA and Canada | DFS/Poker

Pat Mayo Experience

Mayo Media Network

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4.9 • 5.4K Ratings

🗓️ 6 June 2024

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

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Summary

Pat Mayo and Geoff Zochodne discuss the latest news at the state and provincial level for sports betting legalization along with new Taxes in Illinois and how that may impact different states. Plus, a look at legislation on DFS in Ontario. Use code “MAYO” at underdog for a deposit bonus up to $250: https://play.underdogfantasy.com/p-pat-mayo Subscribe, Rate and Review Apple: http://bit.ly/PMEiTunes Spotify: https://goo.gl/VboemH FOLLOW MAYO MEDIA NETWORK Newsletter: https://mayomedia.substack.com/ Instagram: https://www.instagram.com/mayomedianetwork/ TIK TOK: https://www.tiktok.com/discover/mayo-media-network YOUTUBE: https://bit.ly/YTMMN __________________________ Get 20% off https://www.fantasynational.com/mayo with code “MAYO” RUN THE SIMS F1 & Spring Football PACKAGE (Code “MAYO” for 10% OFF): https://www.runthesims.com/mayo Code “MAYO” 10% OFF at Ship It Nation: https://shipitnation.com/?aff=Thepme #FantasyGolf #DFS #GolfPicks #Memorialtournament #Underdog #DraftKings SHOW INDEX 00:00 Intro 1:24 New Taxes in States 3:22 DFS in Ontario/Poker 7:37 California 15:02 Texas 18:27 New States to Legalize 20:32 Canada — Alberta/Quebec 29:46 iGaming 32:03 Limiting Bettors 39:37 Prop Market 42:58 League’s influence over sports betting PME Audio Podcast Apple: http://bit.ly/PMEiTunes Spotify: https://goo.gl/VboemH Google: http://bit.ly/GooglePodPME OMAHA STEAKS — Go to OmahaSteaks.com, promo code “MAYO” at checkout to save on exclusive packages starting at just $89. Message and data rates apply. Must be 18+ (21+MA & AZ, 19+ AL, NE) and present in a state where Underdog Fantasy operates. Terms apply. Concerned with your play? Call 1-800-GAMBLER or visit www.ncpgambling.org; AZ: 1-800-NEXT-STEP (1-800-639-8783) or text NEXT-STEP to 53342; NY: Call the 24/7 HOPEline at 1-877-8-HOPENY or Text HOPENY (467369) Pat Mayo Twitter: https://twitter.com/ThePME Pat Mayo Facebook: https://www.facebook.com/ThePME Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Thank you
0:10.0	the Pat Mayo experience presented by underdog fantasy.
0:17.0	Today we're digging into some of the sports betting legalization across North America,
0:22.0	some of the hold-ups when things might actually be legal in certain states,
0:26.5	some of the issues that current legal states that are dealing with between the United States
0:31.2	and Canada state by state, province by province, hopefully your province
0:34.9	ends up coming up. However, if you're in Texas or California, right now I recommend that you use
0:39.6	code Mayo at Underdog Fantasy because you will get a deposit bonus of up to
0:44.5	250 bucks and you can be on your way. Get in the pickum game with the PME on
0:49.7	underdog fantasy all right from covers.com someone who is on this beat all the time,
0:54.6	that was work that I follow to keep up to date with a lot of this stuff because God knows
0:58.5	there's a lot going on right now. Jeff Zakodny, what's going on man?
1:05.0	Not much, just another busy day in the world of legal and regulated sports betting.
1:10.8	So first things first, let's try to get what the landscape is right now of the sports
1:16.2	betting scene obviously it's legal in a lot of states but even some of those
1:19.5	states from what I've been seeing are introducing new taxes and changing some of the rules
1:23.9	coming in does that mean that operators might pull out of some of these states?
1:27.2	Well that's sort of the implied threat that could happen depending on some of
1:35.0	severity of these proposed tax rate increases. We're seeing in
1:39.0	Illinois, for example, right now the state Senate just over the weekend,
1:42.1	they passed legislation that proposes to
1:45.2	hike the the tax rate but it's on an escalating basis so if you make less money
	...

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