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 | 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 | Apr 4, 2023 2:27 pm | Sports Betting
Odds for the 2024 NCAA Men’s Championship have come out, featuring Kentucky as the +1100 sole favorite. The defending champion UConn Huskies come in tied for second place at +1200 odds. With many players yet to declare for the NBA draft, incoming recruiting class is...
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 Jeremias Di Vico | Mar 8, 2023 8:58 am | Revenue
Between 2018 and 2023, U.S. sportsbooks have taken in over $200 billion in bets. New Jersey, Nevada, and Illinois are among the top contributors, thanks in part to their early legalization. Sportsbooks have only held onto less than 5% of revenue in only Kansas and...