Which NJ Sportsbook Will Shut Down From Increased Tax Rate?

Which NJ Sportsbook Will Shut Down From Increased Tax Rate?

New Jersey hiked its online gambling tax to 19.75%, up from 13% for sports betting and 15% for iGaming. Operators tied to low-revenue casinos like Caesars Atlantic City, Ocean Casino, and Monmouth Park may face an existential threat. Rising costs and shrinking margins could push … Read more

New Jersey Sports Betting Handle Dips Slightly In July

New Jersey Revenue

New Jersey saw $578.7 million wagered on sports in July. This was a decrease of 25% month-over-month compared to June’s betting handle. This is the first time since July 2020 that sports betting handle fell under $600 million in the Garden State. TRENTON, N.J. – … Read more

Top Horses To Bet On For The Hambletonian & Oaks

The Hambletonian

Sorella is the favorite to win the Hambletonian & Oaks Race on Saturday with odds of (+200). The race kicks off the beginning of the Trotting Triple Crown Series at the Meadowlands Race Track. EAST RUTHERFORD, N.J. – The Hambletonian & Oaks Race is upon … Read more

FanDuel Looks At 2020 Elections As Next Betting Opportunity

2020 Election

It has been over a year since FanDuel launched their sportsbooks but odds on politics is not offered. Political betting is largely not allowed in the United States, as states restrict this type of wagering. Still, FanDuel wants to involve themselves with political betting odds. … Read more

New Jersey Sports Betting Back On Track With August’s Report

train tracks

The Meadowlands and Resorts Casino still consist of the heavy majority of all New Jersey sports betting action. The state’s sportsbooks kept $22 million in revenue for the month – the most since March of this year. With NFL betting back on the books, setting … Read more

SBC Moves Flagship Trade Show From London To Barcelona For 2020

Betting On Sports Summit Sep 17-20

The Betting on Sports summit has outgrown its UK venue and will be moving to Spain next year. Betting on Sports is the premier industry conference with attendees from more than 60 countries. Betting on Sports America’s New Jersey venue is not altered by its … Read more

Legal MLB Betting: Independence Day Edition

MLB

A dozen MLB games will be played on July 4, starting at 11:05 AM EST when the Miami Marlins take on the Washington Nationals. Betting options on the games can be found in nine legal sports betting states, or with offshore sports betting sites. By … Read more