by Zachary Kelley | Mar 4, 2024 11:41 am | Revenue
Ohio earned $113.1 million from January’s $811.6 million in sports betting handle. The large drop off in handle and revenue from last year can be attributed to promotional betting and the state’s first month with legal sports betting. FanDuel and DraftKings received...
by Sam Profeta | Mar 1, 2024 12:40 pm | Sports Betting
Zach Edey has -2500 odds to win the John R. Wooden Award. Only Ralph Sampson has won back to back Wooden Awards. Dalton Knecht and R.J. Davis are tied for the second shortest odds. WEST LAFAYETTE, Ind. – The regular season of college basketball is soon coming to a...
by Zachary Kelley | Feb 23, 2024 4:25 pm | Regulatory
Ohio banned player prop bets across all college sports effective immediately. Ohio Governor Mike DeWine and NCAA President Charlie Baker requested the prohibition. Bovada legally offers college player props for Ohio players thanks to their international licensing....
by Michael Molter | Jan 24, 2024 5:16 pm | Revenue
Sportsbooks in New Jersey kept over $1 billion from their near $12 billion handle. Parlays represented 25% of NJ’s sportsbook intake but over 50% of their revenue. Basketball ($2.68 billion) beat out football ($2.30 billion) as the sport with the most money bet...
by Michael Molter | Jan 3, 2024 12:05 pm | Revenue
With over 30 reports still outstanding, the current US betting total for 2023 is $102.5 billion. Over $90 billion of that was won back by bettors across America. Tax contributions from sportsbooks closed in on $1.8 billion for the year. New York’s tax rate proves the...