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
Revenue profits are down from initial estimates in the state of Rhode Island. Bettors in the state now have the opportunity to use an online platform to place sports bets. The low revenue after introducing online wagers is thought to be due to the Republicans … 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
Even though revenue increased year-on-year, staffing costs were ultimately responsible for much of the new costs of the company. Partners of Genius Sports include the NBA, NCAA, and FIBA. Genius Sports is a sports data company that also provides services to maintain the integrity of … 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
Delaware sportsbooks made more money in September than the last four months combined. Harrington Raceway set a new record for its highest monthly betting handle with $2.28 million collected. Since the state’s launch in June 2018, over $150 million has been wagered at the three … Read more
New Jersey sports betting has been dominated by the online presence of The Meadowlands and Resorts Casino. NFL bettors helped the state break new records for a monthly betting handle, revenue total, and tax contributions. Harrah’s AC still sits without any online betting platform – … Read more
Indiana sportsbooks collected over half of their betting handle from football bettors. The books located next to NFL teams were the most successful sportsbooks in Indiana. Indiana now has the record for the highest betting handle during its launch month. INDIANAPOLIS – The first month … Read more
Iowa launched its first sportsbook on August 15, 2019. Every sportsbook increased their betting handle from August to September. Prairie Meadows accounted for 37% of the state’s betting handle. DES MOINES, Iowa – Iowa’s monthly sports betting revenue for September was released by the Iowa … Read more
Hollywood Casino continues to be the top sportsbook in the state of West Virginia. The week of September 7 accounted for revenue exceeding $1.6 million for the three active books. Mardi Gras Casino and Wheeling Island Casino are still out of operation at the time. … Read more
GAN is an international developer and supplier of B2B internet gambling software and services. US markets for GAN include New Jersey through its partnership with Ocean Resort Casino and Pennsylvania through its partnership with Parx Casino. The company has seen a 203% growth in gross … Read more