Analyzing Which States Sports Betting Tax Methods Are Best

California Sports Betting Taxes

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 keeping … Read more

How Much Money Was Bet on March Madness in 2023?

March Madness

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 … Read more

Legal Sports Betting Brief: New Markets and Controversy

Circa Sports

The Illinois betting market has been on a hot streak, continually growing and putting up big handle numbers, and is expecting the addition of a popular Vegas operator into the mix Ohio further work to bolster the number of markets available for bettors to wager … Read more

Betting Numbers Prove the Best Sports Betting States

Sportsbook

Since 2018, over $200 billion dollars have been wagered amongst regulated betting states. Nevada has the lowest revenue kept by sportsbooks of states with at least $10 billion in wagers. Delaware is the worst betting state, with over 15% of their handle being retained by … Read more

Nevada and Ohio Expand Event and Sports Betting Catalogues

Sports Betting Kiosks

Both Nevada and Ohio have recently approved new additions to their wager categories. Ohio has added specific NFL draft and NHL draft props. Nevada on the other hand has added new events and leagues like the World Series of Poker and Golden Tee. LAS VEGAS … Read more

Does Bettors’ Success Come Down to Mobile Betting?

Mobile Sports Betting

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 than mobile betting access. DOVER, Del. … Read more

Legal Sports Betting Milestones by the Numbers

Sports Betting Milestones

Pennsylvania, Illinois, New York and New Jersey have contributed over $1 billion to local governments from sports betting taxes. Nevada sports bettors hold the best win rate (5.65%), while Montana sportsbooks see bettors lose at the US’s worst rate (13.5%). WASHINGTON – Nationwide, sports betting … Read more

OPINION: SuperBook Sportsbook Can Take Over Nationwide

SuperBook

SuperBook is located in five states with plans to hit double digits over the next year and a half. Great operations, not marketing, will be the key driving force in SuperBook’s return to the top. LAS VEGAS – SuperBook Sportsbook – a name that rings true … Read more

Betting Trends To Consider For College Football Week 0

Tennessee Football

College football season kicks off in Ireland when Northwestern and Nebraska start the season. 11 other games kick off that day, with the best bets being on Nebraska(-13), Florida Atlantic(-7.5), the over in both UConn at Utah State(60.5) and Nevada at New Mexico State(54.5), and … Read more