by Michael Molter | Jul 18, 2023 4:45 pm | Revenue
Using reported sports betting numbers across the US, a strength rating is given to all states. States with a high rating indicate a successful market, profiting well for the state through tax benefits. The states with a lower rating show the success of sportsbooks...
by Zachary Kelley | Jun 8, 2023 1:55 pm | Revenue
The Colorado Department of Revenue released a sports betting report accumulating total wagers and earnings since they launched legal sports betting three years ago. The report includes the top 10 most wagered sports from May 2020 to April 2023. NBA betting takes the...
by Zachary Kelley | Apr 20, 2023 6:00 pm | Revenue
Many states saw a record high in sports wagering handles during March of 2023. A sports betting study revealed that over 18 million more Americans planned to wager on March Madness than Super Bowl 57. LAS VEGAS – A handful of state’s monthly gaming revenue reports for...
by Jeremias Di Vico | Mar 2, 2023 5:19 pm | Sports Betting
Multiple sportsbooks and casinos in various states were found to be in violation of state law since sports betting became regulated. Fines were the primary punishment, but may prove ineffective if not raised higher. The revenue in most of these casinos and sportsbooks...
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...