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
Legal sports betting bill H. 127 was signed by Vermont Governor Phil Scott Wednesday, bringing in-person, online, and mobile sports betting to the Green Mountain State. MONTPELIER, Vt. – Governor Phil Scott signed House Bill 127 Wednesday, effectively adding state-regulated options to the sites that … Read more
Fanatics Betting and Gaming has acquired PointsBet US for $150 million. The Australian-based sportsbook will retain their Australian and Canadian businesses. Fanatics Sportsbook will gain access to PointsBet US’s sports betting licenses across 14 states. NEW YORK – PointsBet US announced a $150M sale agreement … Read more
The best bets among scoring props between New York and Miami are on the over for Jimmy Butler (28.5 points) and Josh Hart (10.5). Kevin Love’s rebounding prop with -102 odds to go over 6.5 boards may be the best player prop for Game 4 … Read more
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
With most teams having two or less games remaining in the season, props for what conference or division will win it all are now available The teams that will sneak into the play-in featured odds, but recent Dallas Mavericks news has made the market get … Read more
Vermont sports betting bill H 127 flew through the House chamber last week, seeing approval from multiple committees. After a voice vote in the House approved the measure, the bill awaits its first reading in the Senate. If the Senate approves it, there should be … Read more
A Vermont sports betting bill has easily passed the House Ways and Means Committee, now moving to the Appropriations Committee. The bill has strong bipartisan support with nine total sponsors. Sports betting taxes are planning to be used to create a Responsible Gaming Special Fund. … Read more
Between 2018 and 2023, U.S. sportsbooks have taken in over $200 billion in bets. New Jersey, Nevada, and Illinois are among the top contributors, thanks in part to their early legalization. Sportsbooks have only held onto less than 5% of revenue in only Kansas and … Read more
Sports betting bills are gaining traction in Georgia, Minnesota, Missouri, Kentucky, and even Texas. New York and Massachusetts are each deliberating restrictions on advertisements and affiliate marketing, respectively. WASHINGTON – This week in sports betting saw a myriad of important developments, mainly in terms of … Read more
Hold rates in September are always high but three top producing states are showing historically high hold rates. This means bettors aren’t winning well, giving more money to the sportsbooks and local governments. NEW YORK – As the fall returns, so does football and its … Read more
Vermont legislators have recently released a report that identifies the six key decision points in establishing sports betting. On top of having to establish rulings on six points, Vermont legislators have founded a Sports Betting Research Committee that is researching the subject. With so many … Read more