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
Illinois is only two steps away from implementing a progressive sports betting tax that reaches up to 40%. The Illinois Senate amended House Bill 4951, including a progressive sports betting tax starting at 20% and reaching up to 40% based on operator revenue earnings. Illinois … Read more
The lifetime sports betting handle in Arkansas surpassed $500 million. Arkansas residents bet over $22 million in August, pushing the state’s lifetime handle to $508.77 million. Arkansas launched mobile sports betting in March 2022. LITTLE ROCK, Ark. – Arkansas sports betting reached an impressive milestone … Read more
Sportsbooks posting the highest hold percentages are found in states without mobile sports betting. But, states with mobile-only sports betting aren’t seeing better bettors across the US industry. States with professional sports teams could play more of a factor than mobile betting access. DOVER, Del. … Read more
Arizona has seen the most success of the three states celebrating their one-year anniversary. South Dakota and Washington are hampered by their lack of mobile sportsbook apps. Launching at the start of the NFL season has proven success for sportsbooks across the US. PHOENIX – As … Read more
DOVER, Del. – Despite having legal sports betting, there are a few states whose sports bettors may wish they had a tougher time to bet. The average hold rate for a sportsbook is 7% – this is the percentage of money sportsbooks keep after paying out … Read more
BetSaracen has launched in Arkansas. BetSaracen becomes the second online sportsbook to launch in Arkansas. PINE BLUFF, Ark. – BetSaracen has gone live in Arkansas this past week becoming just the second online sportsbook to launch in the Land of Opportunity. The Arkansas online sportsbook … Read more
Betly Sportsbook launched the first mobile sportsbook in Arkansas. BetSaracen and Oakland Racing Casino Resort are said to be working on their own mobile sports betting option. LITTLE ROCK, Ark. – Almost two months after mobile sportsbooks were given the approval to launch, Arkansas finally … Read more
Sports betting in Arkansas was regulated on March 4, 2022. Southland Casino launched online sports betting in Arkansas. Mobile sports betting has not yet launched. LITTLE ROCK, Ark. – After online sports betting in Arkansas was regulated on March 4, there have been some issues … Read more
HB 3008 passed an important vote in the Oklahoma House Appropriations and Budget Committee Wednesday by a vote of 28 yay – 3 nay. The bill would alter Oklahoma’s tribal gaming compacts to allow Oklahoma’s tribes to offer in-person sports betting at their tribal facilities … Read more
Arkansas’s mobile sports betting market can officially begin Friday. Only one sportsbook, BetSaracen at the Saracen Casino in Pine Bluff, is poised to launch. LITTLE ROCK, Ark. – Arkansas sports bettors are only one day away from seeing their local mobile market in effect. Mobile … Read more
The Arkansas Joint Budget Committee meeting ended with the approval of mobile betting in Arkansas. This comes following the committee approving new rules for the mobile market a few days prior. The aim is to have mobile betting live in time for March Madness. LITTLE … Read more