by Michael Molter | Oct 4, 2022 12:58 pm | Revenue
Sportsbooks posting the highest hold percentages are found in states without mobile sports betting. But, states with mobile-only sports betting aren’t seeing better bettors across the US industry. States with professional sports teams could play more of a factor...
by Michael Molter | Aug 31, 2022 10:49 am | Revenue
Pennsylvania, Illinois, New York and New Jersey have contributed over $1 billion to local governments from sports betting taxes. Nevada sports bettors hold the best win rate (5.65%), while Montana sportsbooks see bettors lose at the US’s worst rate (13.5%)....
by Michael Molter | Jul 27, 2022 9:57 am | Sports Betting
DOVER, Del. – Despite having legal sports betting, there are a few states whose sports bettors may wish they had a tougher time to bet. The average hold rate for a sportsbook is 7% – this is the percentage of money sportsbooks keep after paying out all of...
by Ben Fiore | Jul 13, 2022 11:44 am | Revenue
Six states saw a decrease in sports betting over the month of June in 2022, with two of them not offering mobile sports betting. The Iowa sports betting market saw a 17% decrease from May to June, from the 19 mobile betting apps and 18 retail locations combined. NEW...
by Ben Fiore | May 31, 2022 1:51 pm | Sports Betting
Delaware bettors have been extremely successful in the month of February, having two of the four months with a negative total handle. Delaware has recorded three months with a total handle that exceed 25%, all taking place in September and November. LAS VEGAS –...
