by Michael Molter | Jun 16, 2025 1:10 pm | Legal
In a pivotal week for online gambling regulation, New York and Connecticut moved to outlaw sweepstakes casinos through sweeping legislation, while Louisiana rejected new laws in favor of stricter enforcement under existing authority. NEW YORK – Three states have each...
by Michael Molter | Jun 10, 2025 11:49 am | Sports Betting
Resorts World Bet will exit New York’s crowded online sports betting space, opening a valuable license opportunity. FanDuel responds to Illinois’ steep tax increase by imposing a 50-cent fee per bet. Louisiana’s legislature advances a bill to hike the online...
by Michael Molter | May 20, 2025 11:37 am | Revenue
States are cashing in on record revenue but asking whether the public is getting shortchanged from sports betting taxes. Tax policy debates from Ohio to Louisiana are exposing fault lines between industry profits and public benefit. Lawmakers nationwide are rethinking...
by Michael Molter | Mar 24, 2025 9:45 am | Revenue
Mississippi sportsbooks have taken in $3,021,531,031 in legal sports bets since their August 2018 launch. The industry has generated over $327 million in revenue and $39.3 million in tax benefits. Betting surged in early years, but the annual handle declined from 2022...
by Brett Crown | Mar 21, 2025 12:50 pm | Sports Betting
The best bet for McNeese vs Purdue is on McNeese to win with +200 odds as the Cowboys will shoot better than they did in the first round and the Boilermakers will struggle to replicate their offensive rebounding performance that helped them win versus High Point....