A Look At Why Free Bet Tax Deductions Benefit States

IRS

Colorado lawmakers pass HB 22-1402 in both the Senate and the House and the bill now awaits Gov. Jared Polis’ signature. A big section of the bill would reduce the tax deductions given to sportsbooks for promotional free bets given throughout the year. Free bets … Read more

New Hampshire Sees Record High Betting Handle In January 2022

New Hampshire Sportsbook

New Hampshire has recorded a $99.5 million betting handle in January 2022. There is a record high of $8 million in revenue for New Hampshire sports betting. CONCORD, N.H. – Sports betting in New Hampshire has reached an all-time high as the state has recorded … Read more

South Dakota May See Mobile Sports Betting Thanks To New Bill

South Dakota Senate

A bill to amend South Dakota’s constitution and allow mobile sports betting passed the Senate. The bill passed by a narrow margin of only 18 to 17. It must still go through South Dakota’s House of Representatives to pass. PIERRE, S.D. – South Dakota lawmakers … Read more

Sports Betting Could Benefit Tourism In Chicago, New Orleans

Harrah's - New Orleans

Chicago has lifted restrictions on stadium-based sportsbooks in the city, opening up professional sports teams to the opportunity of hosting their own sportsbook at their venue. Louisiana’s mobile sports betting industry is on-track to launch prior to this season’s Super Bowl in mid-January, according to … Read more