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....
by Zachary Kelley | Dec 13, 2023 12:12 pm | Legal
DraftKings, Fanatics Sportsbook, and FanDuel will begin offering online sports betting in Vermont on Jan. 11, 2024. ESPN BET and BetMGM also submitted applications but weren’t named as Vermont sports betting operators. Vermont expects to earn more than $7 million in...
by Zachary Kelley | Dec 12, 2023 12:58 pm | Legal
DraftKings faces a class action lawsuit from Massachusetts citizens who opened accounts with DraftKings in response to the $1,000 bonus sign-up promotion. The Public Health Advocacy Institute alleges that the $1,000 bonus is “unfair and deceptive” for new customers....
by Zachary Kelley | Dec 11, 2023 3:48 pm | Revenue
Kentucky earned nearly $8 million in tax revenue from their first two months with legal sports betting, putting them well ahead of their yearly expectation. Kentucky residents wagered $340.8 million in September and October. Retail sports betting launched Sep. 7, with...
