by Michael Molter | Nov 21, 2022 1:40 pm | Legal
MaximBet shutdown just a few days after FuboTV announced their ceasing of operations. Cannibalization of sportsbooks may continue as sportsbooks struggle and customers lodge complaints. INDIANAPOLIS – Last week, MaximBet released a statement ceasing operations...
by Michael Molter | Oct 4, 2022 12:58 pm | Revenue
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...
by Michael Molter | Sep 8, 2022 11:16 am | Revenue
States like Colorado have explicit instructions on where sports betting taxes go. Other states just link all sports betting taxes to their general fund. This includes funding for education programs, infrastructure, and problem gambling help. LAS VEGAS – Since...
by Michael Molter | Aug 25, 2022 10:59 am | Sports Betting
SuperBook is located in five states with plans to hit double digits over the next year and a half. Great operations, not marketing, will be the key driving force in SuperBook’s return to the top. LAS VEGAS – SuperBook Sportsbook – a name that rings true...
by Brett Crown | Aug 11, 2022 10:24 am | Sports Betting
States are beginning to recognize how much promotions are costing them in taxes and beginning to ban sportsbooks from using them as tax write-offs. Promotions have hurt the sportsbooks themselves as well, with many of the top brand’s stock prices plummeting as a...
