by Zachary Kelley | Mar 1, 2024 12:38 pm | Regulatory
Underdog Sports is the name that sticks out amongst the eight North Carolina sports betting operators announced on Thursday. Their North Carolina license marks the first attempt for Underdog Fantasy to also offer a regulated sportsbook. North Carolina online sports...
by Zachary Kelley | Feb 23, 2024 1:09 pm | Revenue
Kentucky online sportsbooks accepted over $855 million in total bets through Dec. 2023. This resulted in $15.2 million in tax revenue, well ahead of schedule for Kentucky’s annual estimate of $23 million. Retail sportsbooks reported a $36.6 million handle, adding an...
by Zachary Kelley | Dec 18, 2023 2:08 pm | Revenue
Massachusetts set a monthly sports betting handle record with $654.4 million wagered in November. November’s handle marked a 14.4% increase from October, which previously held the record for the highest monthly handle. DraftKings received more than half of the...
by Zachary Kelley | Dec 15, 2023 12:21 pm | Revenue
Indiana’s sports betting revenue reports for November reported a record-setting handle of $513.67 million in November. The state saw a surprisingly low $2.9 million in sports betting taxes from the record handle. DraftKings set a monthly sports betting handle record...
by Zachary Kelley | Dec 14, 2023 11:36 am | Regulatory
The North Carolina Lottery Commission met on Wednesday to finalize their sports betting rules and give an update on operator applications. North Carolina received applications from 14 different sports betting operators but there only can be 11 operators in the state....
