by Michael Molter | Aug 31, 2022 10:49 am | Revenue
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%)....
by Jerad Paparella | Mar 25, 2022 1:29 pm | Legal
New Hampshire’s sportsbooks saw a month-to-month decrease in total handle, total revenue, total tax contributions, mobile handle and revenue, and retail handle in February. The lone bright spot in New Hampshire’s February revenue report was retail sportsbooks, which...
by Sam Profeta | Feb 28, 2022 12:55 pm | Regulatory
New Hampshire has recorded a $99.5 million betting handle in January 2022. There is a record high of $8 million in revenue for New Hampshire sports betting. CONCORD, N.H. – Sports betting in New Hampshire has reached an all-time high as the state has recorded...
by Jerad Paparella | Nov 9, 2021 12:41 pm | Legal
The New York State Gaming Commission recommended nine mobile operators to be granted mobile sports betting licenses on Monday. Each sportsbook, once launched, will be subject to the nation’s highest tax rate on sports betting at 51%, with the licenses effective for a...
by Jerad Paparella | Nov 3, 2021 2:30 pm | Legal
Several states have introduced ballot proposals to legalize sports betting in their state, including California and Missouri. Two initiatives regarding sports betting failed to pass during the elections on Tuesday, while two others did pass. SACRAMENTO, Calif. –...
