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U.S. Sports Betting Handle Surpasses Half a Trillion Dollars

U.S. Sports Betting Handle Surpasses Half a Trillion Dollars

by Michael Molter | May 5, 2025 1:44 pm | Revenue

The U.S. has officially surpassed $500 billion in the amount of money bet at sportsbooks both in person and online since 2018. $149.6 billion was wagered in 2024 alone, reflecting 3,100% growth since PASPA’s repeal. New York leads all states with $69.13 billion in...
Wyoming Tribal Sportsbooks: Game Changer for Online Betting?

Wyoming Tribal Sportsbooks: Game Changer for Online Betting?

by Michael Molter | Feb 18, 2025 11:43 am | Legal

Wyoming sports betting bill HB 299 was approved in the House over a week ago. Sitting in the Senate awaiting introduction, if passed, the number of Wyoming sportsbooks online would increase. CHEYENNE, Wyo. – Wyoming’s HB 299, which aims to authorize tribal...
Best Bets For Wyoming Vs. New Mexico CBB Late Night Wednesday

Best Bets For Wyoming Vs. New Mexico CBB Late Night Wednesday

by Sam Profeta | Feb 12, 2025 5:22 pm | Sports Betting

New Mexico is in first place in the Mountain West. Odds have a 17.5-point spread leaning towards New Mexico over Wyoming. ALBUQUERQUE, N.M. – Mountain West after dark on Wednesday Night features the number one team in the conference, the New Mexico Lobos as they host...
NCAA President Wants To Ban College Prop Bets Across U.S.

NCAA President Wants To Ban College Prop Bets Across U.S.

by Zachary Kelley | Mar 27, 2024 12:48 pm | Regulatory

NCAA President Charlie Baker stated that the NCAA aims to ban college prop betting across the country. Maryland, Ohio, and Vermont have already removed college prop bets from their regulated sportsbooks. The college prop bet bans don’t apply to internationally...
Analyzing Which States Sports Betting Tax Methods Are Best

Analyzing Which States Sports Betting Tax Methods Are Best

by Michael Molter | Jul 18, 2023 4:45 pm | Revenue

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...
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