by Michael Molter | Dec 23, 2024 10:11 am | Revenue
Pennsylvania, Michigan, and many states in the South are breaking records for the amount of money bet on sports in their area. NEW ORLEANS – As 2024 draws to a close, several states with legal sports betting are celebrating record-breaking milestones in their betting...
by Michael Molter | Dec 11, 2024 10:19 am | Revenue
Iowa sportsbooks have given over $50 million to the State of Iowa because of sports betting taxes. Beating expectations for Fiscal Year 2023, we estimate the production for FY 2024 will be even higher. Since launch, Iowa sportsbooks have taken in over $10 billion in...
by Michael Molter | Dec 10, 2024 1:25 pm | Revenue
New Yorkers have wagered over $18.1 billion on sports in 2024 through October. If numbers hold steady, NY sportsbooks will have made over $1 billion throughout 2024 after paying taxes to the state. NEW YORK – New Yorkers are poised to set a jaw-dropping milestone in...
by Zachary Kelley | Dec 9, 2024 4:27 pm | Revenue
Monday marks the third anniversary of regulated sports betting in Maryland. Maryland residents bet over $10.2 billion since launching on Dec. 9, 2021. The state celebrated their highest monthly handle in October with over $593 million bet. BALTIMORE – Maryland...
by Michael Molter | Dec 3, 2024 11:53 am | Revenue
Mississippi sports betting controlled 1.015% of the US sports betting market in 2021. Through 2024’s reported numbers, they represent only 0.31% of the US industry. Declining numbers over the last four years prove Mississippi sportsbooks are struggling. BILOXI, Miss....
by Zachary Kelley | Nov 27, 2024 1:12 pm | Revenue
Tuesday marked six years of land-based sports betting in Rhode Island. Since 2019, Rhode Island sportsbooks have earned north of $200 million from sports betting Rhode Island residents bet roughly 30% less year over year at retail locations from fiscal year 2022 to...
