New Jersey Sportsbooks Edge Near $12 Billion For 2023

New Jersey Sportsbook

Sportsbooks in New Jersey kept over $1 billion from their near $12 billion handle. Parlays represented 25% of NJ’s sportsbook intake but over 50% of their revenue. Basketball ($2.68 billion) beat out football ($2.30 billion) as the sport with the most money bet on it … Read more

Luke The Nuke Littler Powers Darts Betting Action, Audience

luke littler

Darts betting action set a new record with the PDC World Darts Championship Final becoming the most bet-on darts event in Kambi’s history. Luke ‘The Nuke’ Littler helped boost the action, becoming the youngest player (16) to appear in the PDC final event. Viewership on … Read more

An Early Recap Of The 2023 US Sports Betting Market

2023 US Sports Betting Market

With over 30 reports still outstanding, the current US betting total for 2023 is $102.5 billion. Over $90 billion of that was won back by bettors across America. Tax contributions from sportsbooks closed in on $1.8 billion for the year. New York’s tax rate proves … Read more

Impossible Timing: Bet The College Football Playoffs Odds

College Football Playoffs

The College Football national champion has not seen any consistency as to when their odds are best to bet. Even looking at preseason odds to make the playoffs isn’t the best indicator as to who will make it. The Alabama Crimson Tide are the smallest … Read more

Taxes From Pennsylvania Sports Betting Crosses $500 Million

Pennsylvania Welcome Sign

The Pennsylvania Gaming Control Board released October’s sports wagering report, detailing a record high in monthly handle ($829 million) and the sixth highest tax contribution $17.3 million. While the revenue created from Pennsylvania sportsbooks hits the general fund, analyzing Pennsylvania’s expenditures show what sports betting … Read more

Brazil Sportsbooks to Launch in Months if Congress Approves

Brazil Sports Betting

Brazil could see sportsbooks launch online and in person within the next few months. Expectations have the Brazilian Congress modified the sports betting measure signed this week. BRASILIA – President Luiz Inacio Lula da Silva signed a sports betting measure on Tuesday that moves regulated … Read more

Analyzing Which States Sports Betting Tax Methods Are Best

California Sports Betting Taxes

Using reported sports betting numbers across the US, a strength rating is given to all states. States with a high rating indicate a successful market, profiting well for the state through tax benefits. The states with a lower rating show the success of sportsbooks keeping … Read more