by Zachary Kelley | Mar 23, 2023 9:54 am | Revenue
Since 2018, over $200 billion dollars have been wagered amongst regulated betting states. Nevada has the lowest revenue kept by sportsbooks of states with at least $10 billion in wagers. Delaware is the worst betting state, with over 15% of their handle being retained...
by Jeremias Di Vico | Mar 23, 2023 8:12 am | Sports Betting
Both Nevada and Ohio have recently approved new additions to their wager categories. Ohio has added specific NFL draft and NHL draft props. Nevada on the other hand has added new events and leagues like the World Series of Poker and Golden Tee. LAS VEGAS – Both the...
by Jeremias Di Vico | Mar 8, 2023 8:58 am | Revenue
Between 2018 and 2023, U.S. sportsbooks have taken in over $200 billion in bets. New Jersey, Nevada, and Illinois are among the top contributors, thanks in part to their early legalization. Sportsbooks have only held onto less than 5% of revenue in only Kansas and...
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 | Aug 31, 2022 10:49 am | Revenue
Pennsylvania, Illinois, New York and New Jersey have contributed over $1 billion to local governments from sports betting taxes. Nevada sports bettors hold the best win rate (5.65%), while Montana sportsbooks see bettors lose at the US’s worst rate (13.5%)....
