by Michael Molter | Jun 26, 2024 10:08 am | Legal
Major changes in mobile sports betting are on the horizon as the DC Council opens the market to multiple operators. The new budget slashes tax rates and welcomes competitors like BetMGM and Caesars to expand citywide. An amendment ensures betting kiosks remain in...
by Zachary Kelley | Mar 11, 2024 1:32 pm | Regulatory
North Carolina sports betting launches at noon on Monday, March 11. Eight sportsbooks are licensed with the North Carolina State Lottery Commission, while other internationally-licensed sportsbooks accept NC players and offer bigger bonuses. Bovada offers a 50% match...
by Zachary Kelley | Mar 4, 2024 11:41 am | Revenue
Ohio earned $113.1 million from January’s $811.6 million in sports betting handle. The large drop off in handle and revenue from last year can be attributed to promotional betting and the state’s first month with legal sports betting. FanDuel and DraftKings received...
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...
