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In the Philippines and President Rodrigo Duterte (pictured) has reportedly signed a piece of legislation into law that has been designed to more than double the amount of tax collected from domestic holders of an offshore gaming license. DraftKings Incorporated is the preeminent leader in sportsbetting and daily fantasy sports and we are excited to be the first NFL team to have an exclusive integrated deal in this category.Legislative license:Both houses of the Virginia General Assembly comfortably passed legislation to legalize sportsbetting earlier this year before reportedly tasking the Virginia Lottery Board with formulating a detailed set of rules to regulate how the growing industry is to be operated....

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Read a statement from Kucharz…“The New York Giants has continued to be a fantastic organization to work with over the years and we are excited to expand our relationship as its official exclusive sportsbetting, iGaming and daily fantasy operator.p for aficionados in New Jersey and it stated that American football has continued ‘to be the most popular sport’ offered via this iOS and Android-enabled platform with the New York Giants continually ranking as a preeminent team in terms of wagers and handle. The executive declared the sportsbetting innovator now moreover intends to open ‘a first-of-its-kind virtual sports lounge’ within the NFL franchise’s 82,500-seat MetLife Stadium home and begin offering aficionados the chance to enjoy weekly editions of a branded free-play pick ‘em game....

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Serious sanctions:This new franchise tax is to be applied to the higher of either a local iGaming operator’s monthly gross turnover or a pre-arranged revenue minimum.According to a Tuesday report from local television broadcaster WWBT-TV, the governor-appointed panel authorized the jurisdiction’s first-ever rules on sportsbetting yesterday after responding to feedback from several prominent operators and is now hopeful of being able to kick off the required licensing process from sometime next month.’Guelli’s statement read…“Our enhanced agreement with DraftKings Incorporated provides innovative opportunities as we look to deliver a best-in-class fan experience....

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