by Zachary Kelley | Feb 6, 2024 10:51 am | Revenue
A record 68 million Americans expect to bet on Super Bowl 58, a 35% increase from last year’s numbers. The increased wagering translates to an expected $23.1 billion in total wagers on Super Bowl LVIII. Estimates from the American Gaming Association claim most...
by Michael Molter | Jan 29, 2024 11:16 am | Revenue
Most estimates for North Carolina sports betting have the state making anywhere from $35-90 million per year in five years. LegalSportsBetting estimates a larger projected market, with North Carolina bringing in a total of $125 million before 2025 ends. CHARLOTTE...
by Michael Molter | Jan 24, 2024 5:16 pm | Revenue
Sportsbooks in New Jersey kept over $1 billion from their near $12 billion handle. Parlays represented 25% of NJ’s sportsbook intake but over 50% of their revenue. Basketball ($2.68 billion) beat out football ($2.30 billion) as the sport with the most money bet...
by Zachary Kelley | Jan 17, 2024 12:37 pm | Revenue
The nationwide sports betting handle post-PAPSA surpassed $300 billion on Tuesday. States cashed in on more than $2 billion in tax revenue in the last five years. Illinois’ record $1.38 billion handle for November pushed the all-time handle past the milestone. FanDuel...
by Michael Molter | Jan 3, 2024 12:05 pm | Revenue
With over 30 reports still outstanding, the current US betting total for 2023 is $102.5 billion. Over $90 billion of that was won back by bettors across America. Tax contributions from sportsbooks closed in on $1.8 billion for the year. New York’s tax rate proves the...
by Zachary Kelley | Dec 21, 2023 4:38 pm | Revenue
Louisiana accepted $356.4 million in sports wagers for the month of November. Despite the record-setting handle, Louisiana’s sports betting revenue decreased $23 million from October to November. The Pelican State surpassed $2.5 billion in all-time sports betting...
