by Zachary Kelley | Aug 19, 2024 5:24 pm | Sports Betting
The Week 0 headliner features the Florida State Seminoles as 11.5-point favorites against the Georgia Tech Yellow Jackets in Ireland. College football action continues with the Montana State Bobcats as 10.5-point favorites on the road against the New Mexico Lobos. At...
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 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 | Sep 9, 2022 9:34 am | Legal
Arizona has seen the most success of the three states celebrating their one-year anniversary. South Dakota and Washington are hampered by their lack of mobile sportsbook apps. Launching at the start of the NFL season has proven success for sportsbooks across the US....
by Michael Molter | Sep 8, 2022 11:16 am | Revenue
States like Colorado have explicit instructions on where sports betting taxes go. Other states just link all sports betting taxes to their general fund. This includes funding for education programs, infrastructure, and problem gambling help. LAS VEGAS – Since...
