by Evan Thornton | Feb 3, 2022 12:31 pm | Revenue
Virginia sportsbooks handled over $3.2 billion in sports wagers across 2021. November was the most profitible month for sportsbooks, who pulled in $48.3 million in profit. 97.5% of all taxes made from sports betting is allocated to the General Fund with the rest going...
by Jerad Paparella | Jan 24, 2022 1:43 pm | Legal
South Dakota has introduced Senate Joint Resolution 502, a resolution that would place state-regulated mobile sportsbooks on the ballot in 2022. Mississippi is similarly looking to expand their sports betting industry to include mobile sportsbooks after introducing HB...
by Jerad Paparella | Jan 4, 2022 3:32 pm | Legal
The expansion to Mississippi’s legal sports betting industry would be very timely, as neighboring Louisiana is set to launch mobile sportsbooks on January 15. JACKSON, Miss. – On Monday, the first day of the 2022 legislative session in Mississippi, Rep. Cedric...
by Jerad Paparella | Jan 2, 2022 7:43 am | Legal
2022 is shaping up to be another historic sports betting year after 2021 brought an over 30% increase in states offering legal sports betting and record revenues across the U.S. Several states, including California, Georgia, Massachusetts, and North Carolina are...
by Jerad Paparella | Jan 2, 2022 7:23 am | Legal
Nine states launched their legal sports betting industry in 2021, nearly a third of all states that have legalized and regulated a sports betting industry in the United States. Several states witnessed a large increase in sports betting revenue, handle, hold rate, and...
