by Ben Fiore | Jun 29, 2022 1:12 pm | Revenue
The New York sports betting market has a 51% tax, compared to New Jersey only having a 13% tax rate, making it hard for NY Sports Betting Operators. FanDuel has led New York with 47% of the mobile sports betting market share in the month of June, with Draft Kings...
by Giovanni Shorter | Jun 16, 2022 12:51 pm | Sports Betting
Sports betting advertisement spending has increased 281% to $281 million since September 2021. The increased spending has led to a 48.4$ increase in ad impressions. More than 18 billion impressions total. The sportsbooks that have seen the most impressions have also...
by Brett Crown | Jun 7, 2022 3:17 pm | Sports Betting
The first LIV Golf Invitational Series event begins on Thursday, and legal online sportsbooks are offering competitive betting odds. Comparing each golfer’s 54-hole scoring averages reveals that Talor Gooch who has +800 odds, not Dustin Johnson at +400, should...
by Giovanni Shorter | Jun 3, 2022 1:46 pm | Sports Betting
Nevada sportsbooks saw $582.5 million in wagers for April 2022. While this is a major drop compared to March, this is up 28.1% year over year. Pennsylvania reported $572.8 million in bets with over 90% of the wagers coming from online operators. Virginia sportsbooks...
by Giovanni Shorter | May 27, 2022 1:46 pm | Regulatory
Colorado lawmakers pass HB 22-1402 in both the Senate and the House and the bill now awaits Gov. Jared Polis’ signature. A big section of the bill would reduce the tax deductions given to sportsbooks for promotional free bets given throughout the year. Free bets are...
