by Zachary Kelley | Jan 17, 2024 12:37 pm | Revenue
The nationwide sports betting handle post-PAPSA surpassed $300 billion on Tuesday. States cashed in on more than $2 billion in tax revenue in the last five years. Illinois’ record $1.38 billion handle for November pushed the all-time handle past the milestone. FanDuel...
by Michael Molter | Jan 3, 2024 12:05 pm | Revenue
With over 30 reports still outstanding, the current US betting total for 2023 is $102.5 billion. Over $90 billion of that was won back by bettors across America. Tax contributions from sportsbooks closed in on $1.8 billion for the year. New York’s tax rate proves the...
by Zachary Kelley | Sep 29, 2023 2:29 pm | Sports Betting
Circa Sports went live in Illinois for retail and online sports betting at noon CT on Friday. Their retail location features a 12-kiosk and three-window setup available at American Place Casino. Circa Sports will launch later this year in Kentucky after announcing a...
by Zachary Kelley | Aug 24, 2023 7:30 pm | Revenue
The total legal US sports betting handle surpassed the $250 billion mark in 2023. New Jersey is the biggest contributor to the milestone, making up 15.78% of the total handle. Ohio and Massachusetts launched earlier this year, adding two major markets to continue...
by Zachary Kelley | Aug 3, 2023 11:34 am | Sports Betting
Justin Fields is receiving more than twice as many NFL MVP bets than Patrick Mahomes. Fields’ 2023-2024 MVP odds at online sportsbooks shortened from +3000 to +1800 as a result. The second-year quarterback’s MVP handle surpasses Patrick Mahomes, Josh Allen, and Justin...
