by Michael Molter | May 7, 2025 5:45 pm | Revenue
Bettors in New York, New Jersey, and Nevada have won more than $160 billion combined, nearly 35% of all legal sports betting payouts. Nevada boasts the highest win rate in the country at 94.2%, while Delaware ranks last with just 84.3%. LAS VEGAS – The house doesn’t...
by Michael Molter | Apr 25, 2025 9:41 am | Legal
A new lawsuit challenges Florida’s 2021 gambling compact, claiming it bypasses voter approval required under the state constitution. Protect the Constitution LLC argues that statewide mobile sports betting violates Amendment 3, passed by voters in 2018. The legal...
by Zachary Kelley | Aug 19, 2024 5:24 pm | Sports Betting
The Week 0 headliner features the Florida State Seminoles as 11.5-point favorites against the Georgia Tech Yellow Jackets in Ireland. College football action continues with the Montana State Bobcats as 10.5-point favorites on the road against the New Mexico Lobos. At...
by Michael Molter | Apr 16, 2024 9:52 am | Legal
Delaware legislators introduced a new sports betting measure that would expand the online sportsbook market. DOVER, Del. – On Thursday, Representative Franklin D. Cooke introduced DE HB 365, a sports betting measure that was then assigned to the House Administration...
by Michael Molter | Jan 3, 2024 12:05 pm | Revenue
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 the...
