by Zachary Kelley | Feb 23, 2024 1:15 pm | Sports Betting
The New Orleans Pelicans are 3.5-point home favorites against the Miami Heat on Friday night. Betting the 219.0-point total to go under has -110 odds and hit in two of their last three matchups. Bam Adebayo has -110 odds to go over 35.5 points, rebounds, and assists...
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 21, 2023 4:38 pm | Revenue
Louisiana accepted $356.4 million in sports wagers for the month of November. Despite the record-setting handle, Louisiana’s sports betting revenue decreased $23 million from October to November. The Pelican State surpassed $2.5 billion in all-time sports betting...
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 | Jul 26, 2022 2:33 pm | Revenue
New York has reported six straight months of a $1b million handle. Arizona surpassed $4 billion in under a year’s time. Without many mobile sportsbooks, a few states have yet to reach the $1b billion level. PHOENIX – Over four years since the repeal of...
