by Michael Molter | Oct 4, 2022 12:58 pm | Revenue
Sportsbooks posting the highest hold percentages are found in states without mobile sports betting. But, states with mobile-only sports betting aren’t seeing better bettors across the US industry. States with professional sports teams could play more of a factor...
by Michael Molter | Sep 8, 2022 11:16 am | Revenue
States like Colorado have explicit instructions on where sports betting taxes go. Other states just link all sports betting taxes to their general fund. This includes funding for education programs, infrastructure, and problem gambling help. LAS VEGAS – Since...
by Michael Molter | Jul 27, 2022 9:57 am | Sports Betting
DOVER, Del. – Despite having legal sports betting, there are a few states whose sports bettors may wish they had a tougher time to bet. The average hold rate for a sportsbook is 7% – this is the percentage of money sportsbooks keep after paying out all of...
by Michael Molter | Jul 21, 2022 4:25 pm | Sports Betting
Colorado, Iowa, Nevada, and West Virginia received the highest sports betting grades at 21. Scoring a 13 (Montana) and 14 (Mississippi), these two states were on the bottom of the list. Discrepencies in the methodology and results may be undervaluing the rankings for...
by Jerad Paparella | Feb 23, 2022 2:03 pm | Legal
According to a report released by the Mississippi Gaming Commission, Mississippi’s sportsbooks turned over about $10 million more in January than in December. Despite this increase in month-over-month handle, revenue is down over 28% compared to January 2021,...
