by Zachary Kelley | Mar 4, 2024 11:41 am | Revenue
Ohio earned $113.1 million from January’s $811.6 million in sports betting handle. The large drop off in handle and revenue from last year can be attributed to promotional betting and the state’s first month with legal sports betting. FanDuel and DraftKings received...
by Zachary Kelley | Feb 23, 2024 1:09 pm | Revenue
Kentucky online sportsbooks accepted over $855 million in total bets through Dec. 2023. This resulted in $15.2 million in tax revenue, well ahead of schedule for Kentucky’s annual estimate of $23 million. Retail sportsbooks reported a $36.6 million handle, adding an...
by Zachary Kelley | Feb 22, 2024 3:52 pm | Revenue
New Hampshire public education received $100 million from sports betting revenue in the last four years. The New Hampshire Lottery reported more than $2.71 billion worth of wagers since launching legal sports betting four years ago. Sports betting generated $505.96...
by Zachary Kelley | Feb 6, 2024 10:51 am | Revenue
A record 68 million Americans expect to bet on Super Bowl 58, a 35% increase from last year’s numbers. The increased wagering translates to an expected $23.1 billion in total wagers on Super Bowl LVIII. Estimates from the American Gaming Association claim most...
by Michael Molter | Jan 29, 2024 11:16 am | Revenue
Most estimates for North Carolina sports betting have the state making anywhere from $35-90 million per year in five years. LegalSportsBetting estimates a larger projected market, with North Carolina bringing in a total of $125 million before 2025 ends. CHARLOTTE...
by Michael Molter | Jan 24, 2024 5:16 pm | Revenue
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...