Arkansas sportsbooks recorded a betting handle of $1 billion since launch per their latest revenue report. With online betting launching years after in-person sportsbooks, it took a while for them to gather this total. The benefit of Arkansas sports betting comes from the state receiving … Read more
Sports Betting revenue numbers are available for North Carolina’ first month with online sports betting. The state lottery commission’s report showed more than $659 million in handle from March 11 to March 31. North Carolina earned roughly $12 million in sports betting taxes for the … Read more
Caitlin Clark and the success of the Iowa Hawkeyes women’s basketball team can be credited with the 17% jump in Iowa’s March sports betting handle. Iowa’s sports betting handle in March 2024 was $40 million higher than the previous year. More than $272 million were … Read more
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 roughly 68% of … Read more
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 additional $342,888 in tax … Read more
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 million in tax revenue nationwide, … Read more
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 Americans will … Read more
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 – Projections and estimations can … Read more
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 on it … Read more
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 received more than … Read more
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 … Read more
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 handle. NEW ORLEANS – November marked a record-setting … Read more