Pennsylvania Leads The Country In Sports Betting Tax Benefits

Tax Benefits

Pennsylvania has now collected more than $10 million over the last two months from legal sports betting taxes. The “Big 4” continues to dominate the Pennsylvania sports betting market share, collecting 89% of all wagers. Over $241 million was bet on sports in Pennsylvania – … Read more

IGT PlaySports Now Offered At Oregon Casino

PlaySports Is Coming To Oregon

International Game Technology (IGT) and its PlaySports product have made its way to Oregon. The Mill Casino has chosen PlaySports as its provider for all of their facility’s sports betting needs. Self-service kiosks will make up the bulk of how customers will be able to … Read more

Pennsylvania Sports Betting Hits One-Year Mark, Sets Tax Revenue Record

Birthday Cake

No state has collected as much sports betting state tax revenue as Pennsylvania since June of this year. Four sportsbooks in Pennsylvania are accounting for over four-fifths of the market share and revenue. Online sports betting is continuing to help Pennsylvania sports betting grow into … Read more

New Jersey Accepted Its First LoL Championship Bets; What’s Next?

Roar Digital NJ

The League of Legends World Championships finals were last Sunday. New Jersey sportsbooks took esports bets for the very first time. It is unclear if New Jersey sportsbooks will take more action on esports. ATLANTIC CITY, N.J. – New Jersey sportsbooks took esports bets for … Read more

Atlantic City Mayor Lobbying To Keep NJ Sports Betting Revenue Local

A.C. Mayor Marty Small

Atlantic City Casinos account for nine out of the 12 retail sportsbooks in New Jersey. The New Jersey sports gambling laws require 1.25% of all sports wagers to be used to fund the Casino Reinvestment Development Authority – a state-administered agency. Unless more legislative action … Read more

Fox Bet Set To Generate A Loss Of $40m, Per Q3 Stars Group Report

FoxBet and BetStars

The Stars Group launched online sports betting operations in Pennsylvania and New Jersey during the third quarter of the year. Flutter agreed to acquire the Stars Group during Q3, the sale won’t be completed until 2020. The Stars Group International decreased in revenue due to … Read more

GeoComply Reports Sports Betting Locations At Rest Stops

Geo-Fencing

GeoComply has the technology to not only verify a customer’s location but for their activity within multiple accounts. They have been recording a number of bettors placing sports bets at highway rest stops in states where mobile sports wagering has been legalized. Geofencing technology ensures … Read more

French Lick Posts Low Hold Percentage, Colts Nation Continues To Win

French Lick Sportsbook

After a launch month, states usually see their licensed sportsbooks’ hold percentage anywhere from 10-40%. French Lick Casino is reported to have held only 5.1% of all money risked due to successful Colts’ bettors. Winning five of their last six, the Colts may challenge bettors … Read more

Legal Sports Betting Revenue Helps States Collect $100M In Taxes

Tax Money

Every state with legal sports betting taxes their sportsbooks’ revenue at a percentage ranging from 6.75% – 51%. While the majority of states only send tax contributions to their statehouse, others give to the cities or counties that host the books. Sports betting revenue and … Read more

Aspire Global Uses 888 As Vehicle To Enter US Gaming Market

Aspire Global

Aspire Global is a B2B iGaming software provider. 888 Holdings Plc operates both iGaming and online sports betting in New Jersey. Certain states that have legalized online sports betting have also legalized iGaming. TALLAHASSEE, Fla. – Aspire Global will now enter the US market for … Read more