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 | 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...
by Zachary Kelley | Nov 27, 2023 10:46 pm | Revenue
Americans bet $79.76 billion on sports since January of 2023. Based on current pace and upcoming sporting events, the market expects to continue its growth and surpass the $100 billion mark before the year ends. The emergence of new online sportsbooks and more states...
by Zachary Kelley | Oct 6, 2023 1:12 pm | Revenue
Governor Andy Beshear reported $68 million in wagers in just four days with Kentucky online sports betting. Retail sports betting received more than $4.5 million in two weeks before mobile launched on September 28. Kentucky is estimated to earn over $23 million...
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...