Arkansas on verge of approving online sports betting, as regulators mull mandatory minimum revenue share for casinos

Dec 28, 2021

The Arkansas Racing Commission will meet at 11 a.m. Thursday to adopt a rule governing sports betting on mobile devices.

The casinos in the state already offer sports betting on-site, but the rule would allow them to use Internet platforms to take bets from people on cell phones and other devices.

The point of contention is the proposed requirement that any deals struck with national sports betting outfits would require 51 percent of the profits to remain in Arkansas.

Source: Arkansas Times