by Michael Molter | Jan 31, 2024 9:14 am | Sports Betting
Buy FLUT in its entrance to the American stock market. Hold DKNG but get back in if a mass sell off happens. CZR is a sell due to their inflated price. PHOENIX – With the 2024 stock market being a month old, it’s time to give some gambling stock...
by Michael Molter | Jan 24, 2024 5:16 pm | Revenue
Sportsbooks in New Jersey kept over $1 billion from their near $12 billion handle. Parlays represented 25% of NJ’s sportsbook intake but over 50% of their revenue. Basketball ($2.68 billion) beat out football ($2.30 billion) as the sport with the most money bet...
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 Zachary Kelley | Dec 1, 2023 2:55 pm | Revenue
New York residents wagered $1.978 billion in handle through Nov. 26. The New York State Gaming Commission reported a sports betting handle over $516,000 for the week ending Nov. 26. New York became the first state to reach a $2 billion monthly online sports betting...
by Zachary Kelley | Nov 13, 2023 6:15 pm | Revenue
New York became the first state to reach a $2 billion sports betting handle in one month. The feat occurred this October, where the state saw exactly $2,006,823,408 billion in bets. New York made over $166 thousand in gross gaming revenue for October. NEW YORK – New...
