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...
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 | Mar 23, 2023 9:54 am | Revenue
Since 2018, over $200 billion dollars have been wagered amongst regulated betting states. Nevada has the lowest revenue kept by sportsbooks of states with at least $10 billion in wagers. Delaware is the worst betting state, with over 15% of their handle being retained...
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...
