by Jerad Paparella | Dec 16, 2021 12:33 pm | Legal
Michigan Senate Bill 764, which creates a state tax deduction for sports betting losses, passed the Michigan House of Representatives on Tuesday. The bill would allow taxpayers to deduct any gambling losses reported on their federal tax return – it currently...
by Evan Thornton | Nov 20, 2021 10:43 am | Revenue
Michigan set new sports betting handle record of $497.6 million in October The majority of Michigan’s sports betting revenue came from online sports betting. FanDuel handled the most October sports bets of any active Michigan sportsbook DETROIT – Michigan...
by Jerad Paparella | Nov 5, 2021 3:38 pm | Legal
Minnesota Rep. Zack Stephenson announced during a press conference on Thursday that he plans to lead an effort to legalize sports betting during the 2022 legislative session. Minnesota has introduced several sports betting bills since the fall of PASPA, though none...
by Evan Thornton | Nov 3, 2021 2:29 pm | Revenue
Eight states just had record high monthly sports betting handles Over $4 billion total was handled in September New Jersey sportsbooks accounted for $1 billion of the total monthly handle LAS VEGAS – Last month, sportsbooks in several states received more money...
by Giovanni Shorter | Sep 16, 2021 5:43 pm | Revenue
There was $208.6 million wagered on sports in Michigan for August, up 1.1% month-over-month. Sports betting revenue dipped 15.5% to $17.5 million for the state. However, this NFL season will be the first full season for the Michigan online betting market. LANSING,...
