Maine Officially Joined the Ranks of States Legalising Betting

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13 may 2022
Author: James Burton
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Maine Governor Janet Mills has signed a bill that regulates retail and web wagering in the state.

Indian tribes in Maine will be allowed to organise mobile gaming throughout the state. There are also regulated off-track wagering venues, industrial tracks, and casino games that will be eligible to utilise one of 10 commercial online betting licences.

The state of Maine legalises online betting

A 4-year retail permit costs $ 4,000, while a mobile one is $ 200,000, with suppliers' documents available for $ 40,000. Owners will also be subject to a 10% tax on adjusted gross revenue.

The Profit from the Legalised Industry

The Wabanaki Nations will benefit from considerable economic prospects as a result of this statute. It promotes money-making growth in tribal cultures and formalises a policy partnership process that serves as the basis for better connections in the future.

Mills' approval comes after years of hard work to bring legal bookmaker activities to Maine. The government enacted an internet betting law in January 2020, but Mills rejected it. And an attempt last year was authorised by the House but delayed after being sent to the Special Appropriations Table.

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