Michael Molter 
Pennsylvania has now collected more than $10 million over the last two months from legal sports betting taxes. The “Big 4” continues to dominate the Pennsylvania sports betting market share, collecting 89% of all wagers. Over $241 million was bet on sports in Pennsylvania – … Read more
Over $1 million was collected by the Indiana state government in taxes from October sports betting in Indiana. Ameristar East Chicago was responsible for over 50% of Indiana’s combined monthly sports betting handle. Sports bettors in Indiana spent their focus on football, which saw a … Read more
No state has collected as much sports betting state tax revenue as Pennsylvania since June of this year. Four sportsbooks in Pennsylvania are accounting for over four-fifths of the market share and revenue. Online sports betting is continuing to help Pennsylvania sports betting grow into … Read more
Russell Wilson is the frontrunner to win the MVP with odds ranging from +150 to +225. The 49ers have the best record in the NFL and the second-best point differential in the league. Both teams are 2-0 in the NFC West and will set the … Read more
After a launch month, states usually see their licensed sportsbooks’ hold percentage anywhere from 10-40%. French Lick Casino is reported to have held only 5.1% of all money risked due to successful Colts’ bettors. Winning five of their last six, the Colts may challenge bettors … Read more
Every state with legal sports betting taxes their sportsbooks’ revenue at a percentage ranging from 6.75% – 51%. While the majority of states only send tax contributions to their statehouse, others give to the cities or counties that host the books. Sports betting revenue and … Read more
Sports bettors in Nevada struggled with their betting strategies, as bettors posted their worst winning percentage since September 2018. Nevada brought in over $100 million more in wagers than that of New Jersey for the month. Year to year, the sports betting handle and revenue … Read more
Only six states were operating licensed sportsbooks during the 2018 World Series. Now, there are 13 states that are offering World Series betting lines to sports bettors. The sportsbooks expect their lounges to fill up with sports bettors due to increased fan engagement. HOUSTON – … Read more
The NCAA has strongly opposed compensation for student-athletes in the past. Because of California, the NCAA was required to reexamine their position. Many regulations are still to be created regarding the payment of student-athletes. INDIANAPOLIS – The NCAA is changing its viewpoint surrounding the payments … Read more
Adam Silver has been a proponent of legal sports betting since he took office in 2014. The NBA is projected to increase revenues by $585 million per year with legal sports betting. With international gaming partnerships, the NBA should expect more revenue, especially from China. … Read more
Mississippi sportsbooks have collected over $215 million in wagers since the start of the year. September was the second-most profitable month for the sportsbooks in Mississippi. Nearly $2 million has been sent to the state in sports betting taxes year-to-date. BILOXI, Miss. – The sports … Read more
The sportsbooks in Pennsylvania have set a new monthly betting handle record in four straight months. Valley Forge’s FanDuel Sportsbook collected 45.5% of all money bet in Pennsylvania during September. Two additional sportsbooks launched in September: the Mount Airy Casino Resort and the Mohegan Sun … Read more