by Michael Molter | Jun 18, 2025 10:40 am | Revenue
Wyoming lawmakers are drafting a bill to double the state’s online sports betting tax rate from 10% to 20%, aiming to boost revenue and bring the state in line with national norms. Despite generating over $645 million in wagers and $66 million in operator revenue...
by Michael Molter | May 8, 2025 2:21 pm | Regulatory
Kalshi is suing multiple states, arguing its event contracts are federally regulated derivatives, not gambling. Federal judges in Nevada and New Jersey have sided with Kalshi in early rulings. The CFTC dropped its appeal over Kalshi’s election markets, signaling a...
by Michael Molter | May 7, 2025 5:45 pm | Revenue
Bettors in New York, New Jersey, and Nevada have won more than $160 billion combined, nearly 35% of all legal sports betting payouts. Nevada boasts the highest win rate in the country at 94.2%, while Delaware ranks last with just 84.3%. LAS VEGAS – The house doesn’t...
by Zachary Kelley | Mar 19, 2025 3:22 pm | Sports Betting
Our five best matchups for Thursday’s March Madness games begin with the over (152.5) between the Wisconsin Badgers and Montana Grizzlies. We’ve also got the over in Clemson vs McNeese State (134.0) and Drake vs Missouri (132.0). Our two best underdogs on the spread...
by Zachary Kelley | Jan 5, 2025 3:50 pm | Sports Betting
The Montana State Bobcats are 3.5-point favorites against the North Dakota State Bison in the FCS National Championship Game. Monday’s clash offers -115 odds for the 56.5-point total to go over. First half odds favor Montana State (-2.5) and the 27.5-point total to go...
