by Zachary Kelley | May 1, 2024 12:43 pm | Legal
A Mississippi online sports betting bill died for the 2024 legislative session. State lawmakers failed to advance a final proposal on the Mississippi Mobile Sports Wagering Act before Monday’s deadline. Bill estimates show online sports betting would bring over $25...
by Zachary Kelley | Feb 2, 2024 2:57 pm | Legal
The Mississippi House convincingly passed an online sports betting bill on Thursday that would expand sports betting outside of casino property. Mississippi House Bill 774, also known as the Mississippi Mobile Sports Wagering Act, now heads to the Mississippi Senate...
by Michael Molter | Jan 3, 2024 12:05 pm | Revenue
With over 30 reports still outstanding, the current US betting total for 2023 is $102.5 billion. Over $90 billion of that was won back by bettors across America. Tax contributions from sportsbooks closed in on $1.8 billion for the year. New York’s tax rate proves the...
by Zachary Kelley | Sep 14, 2023 2:34 pm | Sports Betting
Six states would have totaled an estimated $320.5 million in tax revenue with regulated sports betting. GeoComply tracked over 242 million legal sports betting transactions throughout Week 1 of the 2023 NFL season. Sportsbooks added 1.1 million new sports betting...
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...