Michigan sportsbooks saw $383.7 million wagered on sports in March. About 93.7% of all wagers came from mobile sportsbooks. Sports betting revenue saw $35.2 million, a 9.2% yield. LANSING, Mich. – Sports betting fans were active in March in the Michigan market as the month … Read more
The betting handle in Mississippi surpasses $50.5 million in March. This is a 5.7% increase month over month. This is also a 707.4% increase year over year. JACKSON, Miss. – Sports betting fans in Mississippi were active in March, raising the betting handle and revenue … Read more
Iowa saw $161.4 million wagered on sports in March thanks to March Madness betting. The state saw $13.4 million collected in revenue, a new state record. The bulk of the wagers came from online and mobile betting operations. DES MOINES, Iowa – Iowa managed to … Read more
All sports betting wins are considered taxable income and should be claimed on sports bettors’ taxes. The Internal Revenue Service (IRS) requires taxes to be filed if players earn $600 or more. Sports betting fans are able to deduct losses, but only to the amount … Read more
Sports betting handle in Illinois increased to $581.5 million in January. This is the new record-setting single-month betting activity in Illinois. DraftKings remains the more popular mobile sportsbook in the state. SPRINGFIELD, Ill. – Sports betting fans in Illinois managed to set a new record … Read more
Iowa sports betting activity in February continued to see solid numbers despite a shorter month. Iowa saw an average of $5.1 million wagered daily in February. Online sports betting saw the most action. DES MOINES, Iowa – Sports betting in Iowa has continued to see … Read more
The U.S. saw major growth in legal sports betting in 2020. Other markets such as the UK, Australia, and Mexico have long-established regulated sports betting. The US holds up against these long-standing markets with only half the country having legalized sportsbooks. ATLANTIC CITY, N.J. – … Read more
Delaware saw a 54.6% increase in sports betting activity in January month over month. Local sports betting fans placed $11.7 million in wagers. Delaware Park sportsbook so the most action in January. DOVER, Del. – Sports betting fans in Delaware wagered plenty to start to … Read more
Virginia rakes in almost $58.9 million in wagers in just 11 days of activity. The state also saw over $3.2 million in revenue. More sportsbooks are expected to launch with new bills making it to the governor’s desk. RICHMOND, Va. – Sports betting in Virginia … Read more
Rhode Island saw $39.8 million wagered on sports in January, setting the single-month record for betting handle. Sports betting revenue is up 48.8%. Mobile sportsbooks saw the bulk of betting action in January. PROVIDENCE, R.I. – Sports betting in Rhode Island was very active, managing … Read more
Colorado sports betting fans wagered for more than $326.9 million in January. Mobile and online sports betting dominated yet again. Sportsbooks saw $22.7 million in sports betting revenue. DENVER – Colorado continues to be one of the bigger sports betting markets in the country, with … Read more
Over $59.7 million was wagered on sports in New Hampshire in January, setting the new single-month record. NH saw a slight 11.7% decrease in revenue month over month. Retail sportsbooks saw a 30% increase in sports betting activity from December. CONCORD, N.H. – New Hampshire … Read more