by Zachary Kelley | Apr 20, 2023 6:00 pm | Revenue
Many states saw a record high in sports wagering handles during March of 2023. A sports betting study revealed that over 18 million more Americans planned to wager on March Madness than Super Bowl 57. LAS VEGAS – A handful of state’s monthly gaming revenue reports for...
by Jeremias Di Vico | Mar 28, 2023 1:10 pm | Legal
Mississippi has passed HB 606, which will create a taskforce to study online sports betting in Mississippi. The study will conclude on December 15, 2023, and reports are to be made public. Vermont is another state that created a study bill for online betting and have...
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...
