Discover the Latest Betting Trends, Odds, and Advanced Stats

The Carolina Hurricanes will be taking on the Buffalo Sabres on Tuesday, November 7, 2023 at 7:00 PM ET at the PNC Arena in Raleigh, North Carolina. The game will be broadcast on ESPN+, MSG-B, and BSSO, and can be live streamed on ESPN+.

The Hurricanes, who have won three consecutive home games, are currently 7-5, while the Sabres have a record of 6-6. The Hurricanes are the favorites in this matchup, with odds of -210, while the Sabres are the underdogs with odds of +170. The total over/under for the game is set at 6.5 goals, with the Hurricanes also favored to win by 1.5 goals.

Fans looking to bet on the game can do so at BetMGM, which is also offering sportsbook promo codes for NHL matchups. The Hurricanes have a strong record when favored on the moneyline this season, winning 7 of their 10 games when favored. They have also won 66.7% of their games when playing as a moneyline favorite of -210 or shorter.

The Hurricanes have been a strong offensive team this season, scoring a total of 41 goals, which ranks them seventh in the league. However, they have struggled defensively, allowing 42 goals, which is the 28th worst in the league. On the other hand, the Sabres have scored 39 goals and allowed 38, ranking them ninth and 19th respectively in the league.

For fans interested in catching NHL action all season long, Fubo is offering NHL coverage, while ESPN+ and the Disney Bundle will be airing over 1,000 out-of-market NHL games, along with original programming.

But as always, it’s important to gamble responsibly and to be aware of the latest gambling promotions in your area. If you or someone you know has a gambling problem, help is available by contacting 1-800-GAMBLER.

Revamping Tax Policies: States with the Most Favorable Sports Betting Taxes

States with the Lowest Taxes on Sports Betting: Nevada Ties for Lowest Online Sports Betting Tax Rate in the US

A recent report has highlighted the varying tax rates on sports betting revenue across different states in the US. The emergence of sports betting, which was legalized by the Supreme Court in 2018, has led to significant differences in how state and local governments tax the revenue generated from this industry. The tax rates are determined by each state, and they can vary based on factors such as state regulations and market size.

According to the report, Nevada, Iowa, and Indiana are among the states with the lowest tax rates on online sports betting. Nevada has a tax rate of 6.75%, which is the same as Iowa, while Indiana has a slightly higher rate of 9.5%. These states authorized sports betting before 2020. Tennessee, on the other hand, has a low tax rate of 1.85%, but it is based on the betting handle rather than the revenue generated.

It is worth noting that tax rates can differ depending on whether the bets were placed online or at brick-and-mortar establishments. The tax rates mentioned in the report are specifically for online sports bets.

On the other hand, the report highlights that the Northeast region has imposed higher tax rates on sports betting revenue. For example, New York and New Hampshire have the highest tax rate of 51% for online sports betting revenue. New Hampshire, which only has one legal sportsbook operated by DraftKings, generated $69 million in online gross gaming revenue from July 2022 to June 2023, resulting in $31.7 million in tax revenue for the state.

As more states continue to legalize sports betting, tax rates will play a significant role in the regulation of this industry. It will be interesting to see how different states adjust their tax rates to attract bettors and generate revenue.

Below is a list of the top five states with the lowest taxes on sports betting:

#5 Michigan

– Online sports betting tax rate: 9.65%

– Legalization date: Dec. 20, 2019

– Tax allocation: School Aid Fund and $2 million annually goes to helping firefighters undergoing cancer treatments

#4 Indiana

– Online sports betting tax rate: 9.5%

– Legalization date: May 13, 2019

– Tax allocation: State general fund, with a set share going to fund solutions for problem gambling

#3 South Dakota

– Online sports betting tax rate: 9%

– Legalization date: March 18, 2021

– Tax allocation: Distributed across a variety of state initiatives, with a special emphasis on Lawrence County

#1 Iowa (tie)

– Online sports betting tax rate: 6.75%

– Legalization date: May 13, 2019

– Tax allocation: State general fund

#1 Nevada (tie)

– Online sports betting tax rate: 6.75%

– Legalization date: 1949

– Tax allocation: State general fund, with education and health services as key recipients

This report was originally published by AskGamblers in partnership with Stacker Studio.

Virginia’s Capital City to Reconsider Casino Approval in Upcoming Vote

Voters in Richmond, Virginia will be deciding whether to allow developers to proceed with a proposed $562 million resort casino along Interstate 95. This is the second time the ballot measure will be presented to Richmond voters, after it was narrowly rejected two years ago.

The developers have returned with a retooled proposal and have invested around $10 million into a pro-casino campaign to build support for the project. The mayor, Levar Stoney, and major area business groups are backing the casino.

However, the proposal also faced opposition from a lesser-funded but organized effort. Critics have highlighted the fact that the city already rejected the casino once before.

The project, known as the Richmond Grand Resort and Casino, would be located on the same former tobacco company site that was identified in the first proposal. It is a joint venture between Urban One, a media company, and Churchill Downs, the operator of the Kentucky Derby. The casino could also include local investors if the referendum passes.

The plans for the casino include various gambling options such as slots, an on-site sportsbook, and table games. It will also feature a 250-room hotel, a 55-acre outdoor park, dining options, and a 3,000-seat concert venue.

Boosters of the casino estimate that it will create 1,300 permanent jobs, and developers are promising significant financial benefits. If the referendum passes, the developers have agreed to make a one-time upfront payment of $25.5 million to the city, with an additional $1 million after financing closes. They are also pledging $16 million in charitable donations over 10 years and anticipate annual tax revenue of $30 million.

The developers have stated that they are not seeking any publicly funded incentives or tax breaks. Some of the revenue generated from the casino is expected to be used for promoting affordable child care.

The project has garnered support from business and labor organizations, faith leaders, civil rights groups, and the editorial board of a local newspaper focused on the Black community.

On the other hand, opponents of the casino have raised concerns about wealth extraction from the working class and the potential for increased problem gambling.

In a controversial moment during the campaign, the developers had to apologize to a leading project opponent, Paul Goldman, after a radio host on an Urban One station made antisemitic remarks about him.

If the casino is approved, it would be the fifth casino in Virginia. Three have already opened in Bristol, Portsmouth, and Danville, with a fourth slowly moving forward in Norfolk. In 2020, Virginia politicians passed legislation allowing for the construction of five casinos in the state, but only after receiving voter approval. The supporters argue that the casinos would provide a much-needed economic boost to struggling areas.

Link Between California Casino and Tuberculosis Outbreaks Prompts Urgent Testing Recommendations for Customers

A California casino, apparently connected to a surge in tuberculosis cases, is urging its customers to undergo testing. Around 600 individuals who visited the establishment may have been exposed to the contagious disease, sparking concerns among health officials.

The casino, located in California, has become a hotspot for a potential tuberculosis outbreak. Reports suggest that approximately 600 customers who frequented the casino over a specific period could have been exposed to the bacteria responsible for tuberculosis.

Tuberculosis, also known as TB, is an airborne infection caused by the bacterium Mycobacterium tuberculosis. It primarily affects the lungs but can also harm other parts of the body, such as the kidneys, spine, or brain. The disease spreads through respiratory droplets when an infected person coughs, sneezes, or talks.

Health authorities have advised all individuals who visited the casino during the specified timeframe to seek immediate medical evaluation and get tested for tuberculosis. Early detection is crucial to prevent the further spread of the disease and enable prompt treatment.

Tuberculosis can manifest in various ways, including persistent coughing, chest pain, fatigue, weight loss, and fever. However, symptoms may not surface immediately, which further underscores the importance of taking precautionary measures if one suspects exposure.

The casino management has cooperated with health officials to investigate the source of the outbreak. All necessary measures are being taken to ensure deep cleaning and disinfection of the premises, targeting areas where the bacterium may persist.

Tuberculosis remains a significant public health concern worldwide, especially in densely populated areas or environments where proper ventilation is lacking. Health authorities are vigilant about containing outbreaks promptly to protect the general population from further transmission.

The call to action for the casino’s customers underscores the importance of individual responsibility and public health vigilance. By promptly undergoing testing and seeking medical attention, individuals can prevent the potential spread of tuberculosis within their communities.

It is essential for everyone, not just the potentially affected individuals, to be aware of the symptoms and risk factors associated with tuberculosis. By staying informed and taking necessary precautions, such as practicing good respiratory hygiene and regular handwashing, we can collectively safeguard ourselves and our communities from infectious diseases.

Baton Rouge Casinos Banking on Surging Revenues with Strategic Bets

The Baton Rouge casino industry is experiencing improved success compared to the previous year, as per a report by the Louisiana Gaming Control Board. The report reveals that revenue from Capital City casinos increased by over 5% from August to September 2023.

Following their grand opening on August 24, 2023, The Queen of Baton Rouge, previously known as the Hollywood Casino, had a strong start to its operations. September saw a 90% gain for The Queen, with revenue amounting to $7 million. In August, they generated approximately $4 million in revenue.

General Manager Matthew Shehadi expressed his excitement about the impressive month of September, stating that it was indeed a fantastic period with five weekends and Labor Day. Although October did not match up to September, it still garnered significant support from the community.

Shehadi emphasized that the casino’s ongoing goal is to provide a fun and exhilarating environment with top-notch gaming opportunities. He revealed their plans to bring in live entertainment every Friday throughout November and December.

Guest feedback regarding the safety and security measures at The Queen has been overwhelmingly positive. Shehadi highlighted the installation of brand new lighting, emergency lights, security rovers on bike patrol, and the presence of the Baton Rouge Police Department to ensure visitors feel safe and secure.

The Belle of Baton Rouge experienced a considerable decline in revenue, dropping by about 28% between September and August, with revenue amounting to approximately $891,000.

L’Auberge Baton Rouge is still finalizing its October numbers. The casino hopes that increased entertainment offerings will create a enjoyable experience for all, not just avid gamblers. Vice President of Marketing Mike Bender emphasized the casino’s aim to provide value to their guests in light of the financial constraints faced by many.

The addition of live entertainment has become a central focus for L’Auberge Baton Rouge, with performances scheduled for four days a week from Thursday through Sunday. The appearance of Better Than Ezra on the Lawn is expected to draw thousands of guests on November 10.

Collectively, the three riverboat casinos in Baton Rouge—The Queen, L’Auberge Baton Rouge, and Belle of Baton Rouge—generated nearly $21 million in revenue in September. This marks an increase from the nearly $20 million generated in August.

For the latest report from the Louisiana Gaming Control Board, click here.

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Copyright 2023 WAFB. All rights reserved.

10th Circuit Court: Insurance Policy Excludes Coverage for COVID-19

Last week, the federal appeals court in Denver ruled that a Black Hawk casino’s insurance policy did not cover the hundreds of millions of dollars in losses caused by COVID-19 in 2020. Monarch Casino & Resort sued its insurer, Affiliated FM Insurance Company, under a $350 million policy that covered its Monarch Casino in Black Hawk and another facility in Reno. The casino argued that the presence of COVID-19 constituted “physical loss or damage” under the policy and sought payment for the months it was subjected to public health restrictions.

However, the U.S. Court of Appeals for the 10th Circuit disagreed with Monarch’s interpretation. They pointed to a previous opinion issued in January, which stated that COVID-19 did not cause physical damage and therefore could not support an insurance claim. Judge Allison H. Eid, who authored the panel’s opinion, also noted that Monarch’s policy contained a broad exclusion for contamination, including viruses.

The case received attention from various interest groups. The American Property Casualty Insurance Association, representing insurers, argued that forcing insurance companies to compensate policyholders for COVID-19 closures would bankrupt insurers and require them to cover more routine impacts on businesses in the future. United Policyholders, an advocate for insurance consumers, called this argument a scare tactic, pointing out that insurers made a profit in 2020.

Monarch’s policy provided general coverage for its casinos, subject to exclusions. While the policy excluded coverage for contamination, it did include “communicable disease” coverage for the costs of cleaning and removing diseases in response to public health regulations. However, this provision had a maximum coverage limit of $100,000. Monarch sought to recover a significantly larger sum from Affiliated FM Insurance.

In September 2021, U.S. District Court Judge Regina M. Rodriguez ruled that while Monarch may be eligible for the $100,000 communicable disease coverage, the contamination exclusion prevented them from claiming the additional millions of dollars. Monarch appealed the decision to the 10th Circuit, arguing that the insurance policy was confusing and ambiguous.

During the appeal, the panel struggled to understand the terms of coverage, with Affiliated FM Insurance’s lawyer having to correct them multiple times. Monarch’s attorney argued that the presence of COVID-19 should be considered as physical loss or damage. However, the 10th Circuit stood by its previous decision, supported by Colorado’s highest court, that COVID-19 does not cause physical damage.

The 10th Circuit acknowledged that Monarch was entitled to some coverage from the shutdowns under the communicable disease provision, but they could not extend the coverage beyond the policy’s limit of $100,000. The court emphasized that they could not rewrite the policy.

The case is titled Monarch Casino & Resort, Inc. v. Affiliated FM Insurance Company.