The total legal US sports betting handle surpassed the $250 billion mark in 2023. New Jersey is the biggest contributor to the milestone, making up 15.78% of the total handle. Ohio and Massachusetts launched earlier this year, adding two major markets to continue hitting legal … Read more
PlayUp Sportsbook was shut down by the New Jersey Division of Gaming Enforcement for multiple non-compliance issues. The New Jersey sportsbook failed to deliver financial information by the July 14 date requested by the Division after multiple requests. A revocation letter published by the Division … Read more
The Massachusetts Gaming Commission unanimously denied LIV Golf from their state sports wagering catalog. The commission cited legal troubles and funding concerns as to why the Commonwealth will not be adding LIV Golf to the sportsbooks’ catalogs. Magic City Jai Alia was also denied approval, … Read more
A newly approved Ohio state budget includes a sports betting tax rate increase to 20%. Ohio Governor Mike DeWine signed the approved budget on July 3. The tax rate increase went into effect on July 1, 2023. COLUMBUS, Ohio – A sports betting tax rate increase … Read more
The Ohio House of Representatives did not concur with the Senate-approved tax rate amendment. A legal sports betting tax rate increase from 10% to 20% was approved in the Ohio Senate on Thursday. The Ohio Casino Control Commission recorded over $45 million in tax revenue … Read more
The Ohio Casino Control Commission’s monthly revenue report shows that more than $520 billion dollars in sports betting wagers were placed in April. Another month with over half a billion dollars in wagers saw Ohio surpass the $3 billion mark in just four months with … 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
Ohio and New Jersey pulled bets on Alabama baseball off the board last week. With BAMA coach Brad Bohannon being fired, some places are linking the two. TUSCALOOSCA, Ala. – In the morning on Thursday, the University of Alabama fired head baseball coach Brad Bohannon. … Read more
The LIV Golf Tour has been added as an approved Wager by the Ohio Casino Control Commission. The April 25 decision permits Ohio sportsbooks to now create odds and receive bets for any golfers at the events. The move signals a change in attitude towards … Read more
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
Colleges around the country have begun cracking down on their sports betting sponsorships, with the University of Colorado ending their partnership and Michigan State staff signing a petition to follow suit. Concerns about student safety and secretive deal details have been at the forefront of … Read more
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