The repeal of PASPA in 2018 allowed each state to decide whether to regulate local sportsbooks. This repeal was a game-changer, and 38 states, plus Washington, D.C., now offer some type of sports betting to anyone of appropriate age standing inside their borders. The reason for the rapid spread of sports betting in the United … Read more
The only reason for a state to consider the regulation of domestic sports betting is the potential for additional tax dollars to be collected annually. If there’s no dough, there’s no show, and sportsbooks have been showing plenty over the final three months of 2023. Although we’re well into January of 2024, sports betting revenues for … Read more
The two most populated states in the country, Texas and California, have yet to legalize domestic sports betting following PASPA’s repeal by the US Supreme Court back in 2018. Florida ranks third and just received a favorable decision from the SCOTUS that will permit the state’s Seminole Hard Rock Casinos to begin accepting bets in … Read more
Tennessee has now joined a growing list of legal sports betting states that have posted record numbers for the month of January at their domestic sportsbooks. TN sports betting collections for January were the best ever in for overall handle, and much of the action can be attributed to betting on the NFL Playoffs as … Read more
One of the last major initiatives of disgraced former New York Governor Andrew Cuomo was to debut mobile sports betting apps in order to make up for significant budget shortages. Legal sports betting in New York via domestic operators has been available in a few upstate casinos since 2019. Revenue reports for New York state … Read more
Anyone that has been paying attention to professional or college sports in the USA over the past 12 months has likely seen advertisements for either the legalization of domestic sports betting or sportsbook promotions in states where retail operations are already regulated. Sports betting revenue reports for each state have shown significant increases across the … Read more
When Michigan debuted sports betting in the summer of 2020, sportsbooks were limited to three in-person venues across the entire state. Without the presence of online or mobile sports betting, gamblers in the Wolverine State were faced with a scenario that could include a several-hour drive depending on what part of the region the bettor … Read more
Ohio SB 176 Attempts To Usher In Ohio Sports Betting Current Language Proposes 40 Sportsbook Operators Ohio Sports Betting Tax Rate Set At 10% Ohio Senate Bill 176 was introduced a few hours ago, and includes language that has the potential to completely change the Ohio sports betting landscape going forth. Senator Kirk Schuring is … Read more