Michael Molter 
Pennsylvania, Illinois, New York and New Jersey have contributed over $1 billion to local governments from sports betting taxes. Nevada sports bettors hold the best win rate (5.65%), while Montana sportsbooks see bettors lose at the US’s worst rate (13.5%). WASHINGTON – Nationwide, sports betting … Read more
Prophet Exchange became the first sports betting exchange to launch in the United States. The app permits bettors to accept or offer betting lines on a variety of professional and collegiate sports. Prophet Exchange doesn’t charge any vigorish, making most lines sit at even odds. … Read more
UNLV Football introduced their slot machine in the middle of last season. The slot machine received positive and negative notes from social media. LAS VEGAS – No other town represents gambling quite like Las Vegas, evident by the slot machine for the UNLV Runnin Rebels’ … Read more
Florida Attorney General Ashley Moody filed a brief to overturn Judge Dabney Friedrich’s decision on online sportsbooks in Florida. The matter has been back and forth but the Biden Administration also sent in a call for appeals. TALLAHASSEE, Fla. – The Seminole Tribe of Florida could … Read more
SuperBook is located in five states with plans to hit double digits over the next year and a half. Great operations, not marketing, will be the key driving force in SuperBook’s return to the top. LAS VEGAS – SuperBook Sportsbook – a name that rings true … Read more
Sports betting in Maryland was approved in May 2021 though an early 2023 mobile sportsbook launch seems likely. BALTIMORE – Despite signing a bill to legalize sports betting in Maryland in May 2021, the rollout of MD mobile sportsbooks has been a frustrating matter for … Read more
All five Massachusetts gaming facilities are stating their readiness to launch sportsbooks. Before this happens, the Massachusetts Gaming Commission must publish a final set of rules. Hoping to have the Notice of Intent Regarding License for Sports Wagering finished by the end of the month, … Read more
Kansas sports betting regulations need minor changes before they become official. These changes won’t take too much time, as sportsbooks in Kansas still prep for an NFL launch. Announcing on Thursday that Kansas sportsbooks would be ready to go for a September 1 launch, a … Read more
DOVER, Del. – Despite having legal sports betting, there are a few states whose sports bettors may wish they had a tougher time to bet. The average hold rate for a sportsbook is 7% – this is the percentage of money sportsbooks keep after paying out … Read more
New York has reported six straight months of a $1b million handle. Arizona surpassed $4 billion in under a year’s time. Without many mobile sportsbooks, a few states have yet to reach the $1b billion level. PHOENIX – Over four years since the repeal of … Read more
Sportsbooks win at a rate of roughly 7% – an average level compared to casino games. There are a few factors that can help players who are being limited at sportsbooks. LAS VEGAS – In a recent article from The Athletic, famous sports bettor James … Read more
Colorado, Iowa, Nevada, and West Virginia received the highest sports betting grades at 21. Scoring a 13 (Montana) and 14 (Mississippi), these two states were on the bottom of the list. Discrepencies in the methodology and results may be undervaluing the rankings for MT and … Read more