by Jeremias Di Vico | Mar 23, 2023 4:02 pm | Legal
A Vermont sports betting bill has easily passed the House Ways and Means Committee, now moving to the Appropriations Committee. The bill has strong bipartisan support with nine total sponsors. Sports betting taxes are planning to be used to create a Responsible Gaming...
by Jeremias Di Vico | Mar 10, 2023 9:14 pm | Sports Betting
Massachusetts has launched their online and mobile sportsbooks as of 10 a.m. EST. Friday. Six operators have stated they are ready and have begun actively accepting bets, with at least five more preparing to start at a later date. The overwhelming amount of sports...
by Jeremias Di Vico | Mar 8, 2023 3:45 pm | Sports Betting
After a little over a month since retail betting became legalized in Massachusetts, online sports betting is slated to follow this week. BetMGM and DraftKings are among the operators preparing to launch, with the former striking a deal with the Boston Red Sox....
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...
by Jeremias Di Vico | Mar 2, 2023 5:19 pm | Sports Betting
Multiple sportsbooks and casinos in various states were found to be in violation of state law since sports betting became regulated. Fines were the primary punishment, but may prove ineffective if not raised higher. The revenue in most of these casinos and sportsbooks...
