bet365 Will Be Launching in Virginia Soon as the Bookmaker Looks to Gain Some Ground in the Sports Betting Industry After a Slow Start
After failing to secure a bid in New York, bet365 has looked for ways to build a foundation in the United States. Things haven’t been easy because the sports betting industry has become a ruthless sector as companies like FanDuel,…
Read MoreWhat Measures Could New York Take to Mitigate Problem Gambling Across the State?
New York has become the sports betting capital in the United States by bringing in over $700 million in gross revenue for the year. However, problem gambling has been one of the drawbacks, and officials have put the issue on…
Read MoreVermont’s Sports Betting Push Has Been Quiet While a Legislative Study is Being Conducted
The sports betting push in Vermont has been relatively quiet, but lawmakers commissioned a study to have a sense of what the direction is moving forward. This isn’t the first time a study has been done, as Maryland conducted a…
Read MoreKansas Doubles its Tax Revenue in December Due to Sportsbook Operations Handing Out Fewer Promotions to End 2022
Kansas continues to surprise the sports betting industry, and the market’s positive trends continue to close 2022 on a high note. According to the Kansas Lottery, the sportsbook operators paid more in taxes in December than in the first three…
Read MoreNew York Closes 2022 on a High Note as the State Surpasses All the Projections for the Year
Despite numerous sportsbooks expressing their concerns with the 51 percent tax rate, the Empire State’s sports betting market has exceeded the major projections set in 2022. The nine bookmakers combined to bring in $16.2 billion in wagers for the year.…
Read MoreThe Maryland Sports Betting is Showcasing Why Mobile Sports Betting Was Necessary as the State Barely Missed $500 Million in December
Since adding the mobile sports betting component in Maryland, sportsbook operators have seen a major short squeeze in its overall handle. Sportsbook operators in the Old Line State combined to register a handle of $497.1 million in December, according to…
Read MoreNYBETTINGREPORT: Can Lawmakers In Minnesota Pass A Sports Betting Bill Through The State Senate In 2023?
NYBETTINGREPORT: Can Lawmakers In Minnesota Pass A Sports Betting Bill Through The State Senate In 2023? Lawmakers and advocates for sports betting in Minnesota are heading into their legislative session with high hopes as they came fairly close in…
Read MoreThree Sportsbooks in Ohio Have Been Hit with Major Fines as Several Violations Were Made During the Lead-Up to the Launch
The Ohio Casino Control Commission has been the catalyst for the operation, as the Ohio sports betting market launched on New Year’s Day. However, the newest market in the industry has already showcased some flaws, as reputable sportsbook platforms have…
Read MoreBreaking Down the News Before the Ohio Sports Betting Market Launches On January 1, 2023
Sports betting is set to launch on January 1, 2023, but one has to wonder whether the operation will hurt neighboring states’ casinos. Ohio will be the first market to launch in 2023. Will Ohio’s Launch Hurt Indiana’s Casino Business…
Read MoreMassachusetts’ Retail Sports Betting Launch is Scheduled for January 31st, 2023
After months of uncertainty, Massachusetts will offer some type of sports betting for those that reside in the state. Although the launch date for the mobile sports wagering market is unknown, the in-person side of the business is set to…
Read More