by Giovanni Shorter | Apr 13, 2022 10:52 am | Legal
Lawmakers in New York are continuing efforts to rework the 51% tax rate for sportsbooks. The bill would also increase the number of sports betting operators in New York. New York has benefited greatly from the 51% tax rate, taking in $163.6 million in taxes since...
by Jerad Paparella | Apr 11, 2022 4:05 pm | Legal
Iowa’s sportsbooks handled $233.5 million in wagers in March, up compared to both last month’s handle and March 2021’s handle. March was Iowa’s second-strongest sports betting revenue month since launch, with sportsbooks generating a combined $14.4 million in sports...
by Jerad Paparella | Apr 7, 2022 1:11 pm | Legal
California’s voters currently have three competing sports betting initiatives to choose from, with each providing a slightly different legal sports betting market. The California Solutions to Homelessness and Mental Health Support Act is the most likely initiative to...
by Brett Crown | Apr 5, 2022 11:54 am | Sports Betting
DraftKings announced a partnership to bring their sportsbook to the Foxwoods El San Juan Casino. Ontario has legalized online sports betting, and FanDuel was quick to offer its sportsbook and casino options. TORONTO – Daily fantasy sports (DFS) powerhouses...
by Evan Thornton | Mar 31, 2022 11:12 am | Revenue
New York sports betting handles have grown every week in March FanDuel had the largest handle of the third week in March FanDuel, DraftKings and Ceasars Sportsbooks took 80% of the market share NEW YORK – New York’s mobile sports betting handle has seen...
