Legalized, Taxed, Threatened: The 8-Year Reality of Post-PASPA Sports Betting

8 Years After PASPA: Legal Sports Betting Was Supposed to Be a Tax Windfall. It Became a Tax War

WASHINGTON – On the morning of May 14, 2018, the Supreme Court of the United States handed down Murphy v. NCAA and ended Nevada’s 26-year monopoly on legal sports betting. Eight years later, questions surrounding who would profit and under what rules have been answered… … Read more

Mississippi Sportsbooks Surpass $3 Billion in Betting Handle

Mississippi Sportsbook

Mississippi sportsbooks have taken in $3,021,531,031 in legal sports bets since their August 2018 launch. The industry has generated over $327 million in revenue and $39.3 million in tax benefits. Betting surged in early years, but the annual handle declined from 2022 to 2024, with … Read more

S.D. Understands Mississippi’s Cry For Mobile Sports Betting

South Dakota Mobile Sports Betting

South Dakota has introduced Senate Joint Resolution 502, a resolution that would place state-regulated mobile sportsbooks on the ballot in 2022. Mississippi is similarly looking to expand their sports betting industry to include mobile sportsbooks after introducing HB 184, which would authorize mobile sports betting. … Read more

Where To Bet On SB54 In Memphis, TN? Arkansas & Tunica

Memphis Sports Betting

Residents of Tennessee remain without a sportsbook to gamble on the Super Bowl. Neighboring states of Mississippi and Arkansas both offer sports betting options for Tennesseans. Plenty of options lie within these two states for the sports betting communities in the Volunteer State. MEMPHIS, Tenn. … Read more

Preseason Football Gives Mississippi Sportsbooks A Needed Boost

Cash

Nearly 47% of the August betting handle in Mississippi came from baseball betting alone. Bettors on football in Mississippi did quite poorly, equating to over 62% of all sports betting revenue. The sportsbooks posted their highest hold percentage (14.51%) since March of this year. BILOXI, … Read more

Mississippi Sports Betting Hits The One Year Mark, Over $300m Wagered

Mississippi Sports Betting Turns One

Mississippi sportsbooks have kept $30.5 million in revenue (pre-tax contributions) since the August 1, 2018 launch. A four-percent tax is given to the cities that host the sportsbooks, and the Tunica region is in need of the funds. Sam’s Town Casino is planning a college … Read more