Nebraska Online Betting Initiative Inches Closer to 2026 Ballot

Campaign organizers turned in a big batch of petition signatures before the official deadline, giving a big boost to efforts to get online sports betting on the Nebraska ballot

Tax Relief Nebraska Submits Hundreds of Thousands of Signatures for Gambling Ballot Measure

The initiative’s organizer, Tax Relief Nebraska, submitted an estimated 350,000 signatures to the Secretary of State’s Office. The filing contains two petitions, one for a proposed constitutional amendment to permit online sports betting, and another that details how the activity would be regulated and taxed, as reported by the Nebraska Examiner

Campaign representatives say the number of signatures they have collected comfortably exceeds the required thresholds. The constitutional measure collected just over 126,000 valid signatures and the statutory proposal about 88,000. Election officials now must review all the counties’ submissions before deciding whether the measures will go on the November 2026 ballot

Legalizing online sports gambling would help Nebraska keep money that now flows to other states that have already legalized those platforms, backers say. They also point out that a lot of the revenue would be used for property tax relief, much like the current system for casino gaming. 

The move comes after several attempts to pass similar legislation in the state legislature failed. Organizers hope that bypassing the legislature will avoid political gridlock and capitalize on what they see as strong public support. 

Nebraska Online Betting Plan Faces Scrutiny Over Revenue Claims and Community Impact

However, opposition groups continue to have concerns, despite the optimism of proponents. Critics say that higher availability of gambling could have wider social implications, including higher rates of addiction. Furthermore, they wonder if the expected financial benefits would make a meaningful difference for taxpayers.

Some opponents have questioned the campaign’s revenue estimates, contending the projected gains would have a minimal effect on property taxes. They also argue the proposal would mainly benefit out-of-state betting companies, not local communities. 

Supporters of the initiative deny these claims, citing the existing casino industry in Nebraska as an example of the potential benefits. According to state data, gaming taxes are already generating tens of millions of dollars a year, much of it going toward property tax credits. 

That plan would permit online betting operators to team up with licensed casinos if voters approve, the casino association said. Such agreements are expected to bring several large companies into the market already. 

The campaign is currently on hold while officials verify the submitted signatures. If the measures qualify, it would be up to Nebraska voters to decide whether to expand gambling into the online space, a move that could reshape the state’s gaming landscape and its approach to tax revenue.

Silvia Pavlof
Read More

Latest

Chinese Investors Eye Hong Kong and US Amid Regulatory Crackdown

© 2026 China Money Network. All Rights Reserved. Disclaimer: The views, opinions, forecasts, and statements made by our hosts and guests are the personal views of those respective individuals and may or may not be either endorsed or accepted by China Money Network Limited or the companies with which these individuals are employed.

Bitcoin long-term holder supply hits all-time high of 16.64 million BTC

Bitcoin investors are sitting on their hands, and the data says that’s a very good sign. Long-term holder supply just hit 16.64 million BTC, a new all-time high, according to Coinglass data shared on July 21. That figure represents roughly 83% of Bitcoin’s total circulating supply. In plain English: five out of every six Bitcoin

BTC trades near $66K as a break above the 50-Day EMA strengthens bullish momentum

Key takeaways Bitcoin (BTC) trades around $66,300, extending gains after reclaiming the 50-day EMA. The leading cryptocurrency remains below the 100-day and 200-day EMAs, leaving key resistance levels intact. Technical indicators, including the RSI and MACD, point to strengthening bullish momentum. Bitcoin (BTC) remained firm around $65,800 on Wednesday, extending this week’s rally as the

Bitcoin Ownership Overtakes Gold as 49.6 Million Americans Now Hold BTC

Bitcoin has overtaken gold as the preferred hard asset among American investors, according to bitcoin financial services firm River. The firm found that 49.6 million Americans, or 18.6% of the adult population, now own bitcoin, compared to 28.8 million, or 10.8%, who hold gold. Key Takeaways River’s July report found 49.6 million Americans hold bitcoin

Newsletter

Don't miss

Chinese Investors Eye Hong Kong and US Amid Regulatory Crackdown

© 2026 China Money Network. All Rights Reserved. Disclaimer: The views, opinions, forecasts, and statements made by our hosts and guests are the personal views of those respective individuals and may or may not be either endorsed or accepted by China Money Network Limited or the companies with which these individuals are employed.

Bitcoin long-term holder supply hits all-time high of 16.64 million BTC

Bitcoin investors are sitting on their hands, and the data says that’s a very good sign. Long-term holder supply just hit 16.64 million BTC, a new all-time high, according to Coinglass data shared on July 21. That figure represents roughly 83% of Bitcoin’s total circulating supply. In plain English: five out of every six Bitcoin

BTC trades near $66K as a break above the 50-Day EMA strengthens bullish momentum

Key takeaways Bitcoin (BTC) trades around $66,300, extending gains after reclaiming the 50-day EMA. The leading cryptocurrency remains below the 100-day and 200-day EMAs, leaving key resistance levels intact. Technical indicators, including the RSI and MACD, point to strengthening bullish momentum. Bitcoin (BTC) remained firm around $65,800 on Wednesday, extending this week’s rally as the

Bitcoin Ownership Overtakes Gold as 49.6 Million Americans Now Hold BTC

Bitcoin has overtaken gold as the preferred hard asset among American investors, according to bitcoin financial services firm River. The firm found that 49.6 million Americans, or 18.6% of the adult population, now own bitcoin, compared to 28.8 million, or 10.8%, who hold gold. Key Takeaways River’s July report found 49.6 million Americans hold bitcoin

Foundry asks Bitcoin miners to vote on BIP-110 support

Foundry USA began asking mining customers to vote on how the pool should signal on Bitcoin Improvement Proposal (BIP-110), a soft fork proposing to shrink how much data can be stored in Bitcoin transactions to limit non-monetary transactions, such as Ordinals, on the Bitcoin network. The world’s largest mining pool by hashrate also released educational

Want Your Business to Be Seen Everywhere? Meet Tonia Ryan, Creator of Fix Your Search

Some people are good at their jobs. Then there is Tonia Ryan, who has turned “getting found online” into something close to magic. She is the creator of Fix Your Search, and if you have ever wondered why some businesses pop up everywhere while others seem invisible...

Grey Business processes $61 million as stablecoins dominate payments

Grey Business enables startups and SMEs to open US Dollar (USD) corporate accounts, send and receive international payments, convert currencies, and transact using stablecoins such as USDC and USDT...

Utah Marketers to Host Free Business Networking Event in Layton on June 24

The custom web design company is hosting free monthly networking events for Northern Utah business leaders, with the next event scheduled for June 24 from 4 to 6 p.m. Utah Marketers is hosting a free local business networking event on June 24 from 4 to 6 p.m. at the company’s Layton office. The event is