by Zachary Kelley | Jan 17, 2024 12:37 pm | Revenue
The nationwide sports betting handle post-PAPSA surpassed $300 billion on Tuesday. States cashed in on more than $2 billion in tax revenue in the last five years. Illinois’ record $1.38 billion handle for November pushed the all-time handle past the milestone. FanDuel...
by Michael Molter | Jan 3, 2024 12:05 pm | Revenue
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 the...
by Zachary Kelley | Dec 21, 2023 4:38 pm | Revenue
Louisiana accepted $356.4 million in sports wagers for the month of November. Despite the record-setting handle, Louisiana’s sports betting revenue decreased $23 million from October to November. The Pelican State surpassed $2.5 billion in all-time sports betting...
by Zachary Kelley | Dec 20, 2023 12:44 pm | Revenue
Pennsylvania broke their monthly sports betting handle record for a second straight month in November. The Pennsylvania Gaming Control Board reported a record $934.1 million worth of total bets in November. FanDuel was the top online sportsbook by handle ($384.1...
by Zachary Kelley | Dec 18, 2023 2:08 pm | Revenue
Massachusetts set a monthly sports betting handle record with $654.4 million wagered in November. November’s handle marked a 14.4% increase from October, which previously held the record for the highest monthly handle. DraftKings received more than half of the...
by Zachary Kelley | Dec 15, 2023 12:21 pm | Revenue
Indiana’s sports betting revenue reports for November reported a record-setting handle of $513.67 million in November. The state saw a surprisingly low $2.9 million in sports betting taxes from the record handle. DraftKings set a monthly sports betting handle record...