Horse racing has its long-time history in the United States. However, it could be traced back in 1665 when a horse race track was established at Salisbury, New York. The Newmarket course organized the first horse racing event in the history of the United States. From that, this sport has become more popular and popular. […]
Tag Archives: USA
List of States in USA Legalizes Sports Betting
In the United States of America (USA), each state will be allowed to legalize the sports betting itself. The following is the list of states that sports betting is legal. Both Colorado signed a law on legalizing the betting last year and officially launched it on May 1 of this year. This state allows both […]
Historical Milestones of Online Sports Betting in the USA (Part 2)
The followings are the second part of the historical milestones of online sports betting in the USA. 1951: U.S. Levies 10% Tax on Sports Book The sports betting industry recorded a bit success in 1951 when the U.S. federal government imposed a 10% tax on all sportsbooks’ gross revenue. The tax imposition proved unmanageable for […]
Historical Milestones of Online Sports Betting in the USA
Online sports betting in the United States began more than 150 years ago when the internet and online sportsbooks were introduced. The following is the historical milestones of online sports betting in the United States. 1860: U.S. Banned All Forms of Gambling After the revolutionary war, gambling had developed in the United States as a […]