by Zachary Kelley | Sep 14, 2023 2:34 pm | Sports Betting
Six states would have totaled an estimated $320.5 million in tax revenue with regulated sports betting. GeoComply tracked over 242 million legal sports betting transactions throughout Week 1 of the 2023 NFL season. Sportsbooks added 1.1 million new sports betting...
by Michael Molter | Jul 18, 2023 4:45 pm | Revenue
Using reported sports betting numbers across the US, a strength rating is given to all states. States with a high rating indicate a successful market, profiting well for the state through tax benefits. The states with a lower rating show the success of sportsbooks...
by Zachary Kelley | Apr 20, 2023 6:00 pm | Revenue
Many states saw a record high in sports wagering handles during March of 2023. A sports betting study revealed that over 18 million more Americans planned to wager on March Madness than Super Bowl 57. LAS VEGAS – A handful of state’s monthly gaming revenue reports for...
by Jeremias Di Vico | Mar 28, 2023 1:10 pm | Legal
Mississippi has passed HB 606, which will create a taskforce to study online sports betting in Mississippi. The study will conclude on December 15, 2023, and reports are to be made public. Vermont is another state that created a study bill for online betting and have...
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...