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With Maryland now offering mobile wagering in addition to its existing retail sportsbooks, now is an excellent time to examine how much the state benefits from sports betting taxes. Maryland taxes sports betting revenue at a rate of 15%. Since legal sports betting in Maryland began in December 2021 at five retail sportsbooks, Maryland Lottery &…

The first full month of Maryland online sports betting is in the books, but thanks to the high-level of promotional bets operators handed out to state customers only $44000 in online sports betting tax revenue was generated. Maryland online sports betting took in $478.3 million in bets for the month of December. Online operators gave away $70.9…

Legalized online and mobile sports betting got off to a fast start in Ohio. The state, which launched legal sports betting Jan. 1, recorded 11.3 million transactions over the course of New Year's weekend, according to GeoComply, which provides geolocation and anti-fraud solutions to the U.S. iGaming industry. Cincinnati saw the most legal mobile…

The financial results of from the first mobile Maryland sports betting report, during the Thanksgiving holiday period, produced some interesting numbers, including more than $180 million in mobile handle. And as far as tax collections, though those numbers were perhaps disappointing, the figures were entirely to be expected given the nature of…

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With Wednesday's awards, there are now 12 operators that have received their mobile sports betting licenses from the SWARC. Seven of those operators are live in the state. The pool of operators offering online sports betting in Maryland is slowly getting deeper, with another two bookmakers now on the cusp of launching in the Old Line…

Maryland sports betting report has been published, and there is some interesting financial news. A big surprise was the amount of more than $180 million in the mobile handle. That money was spent during the Thanksgiving period. The expected numbers: If we consider how online sports gambling is performed, these numbers are to be expected. When the…

With online sports betting finally live in Maryland, the reported $186 million in wagers blows past the in-person mark of just $33 million - bringing November's handle up to $219 million in total. It took some time before Maryland's regulatory bodies finally rolled out legal online sports betting in the state, but the long wait was worth it for…

Maryland mobile sports betting came out hotter than a blue crab from a seafood boil. In just one week of full operation, the Old Line State reported $186.08 million in online sports betting handle, which resulted in just $4262 in online sports betting taxes for the state (we'll get to this in a minute), according to a report from the Maryland…

JEFFERSON CITY, Mo. - Sports fans can place a wager in any of Missouri's neighboring states, but not within the borders of the Show Me State. Lawmakers on both sides of the aisle say Missouri is playing a losing hand after not legalizing sports betting. It's a big question many Missourians want to know: When will I legally be allowed to place a…

Maryland Lottery and Gaming reported on Tuesday that the seven legal sportsbooks in the state handled approximately $31.4 million in bets during September, an increase of 68.2% compared to August. Photo By - USA TODAY Sports The start of the National Football League's regular season helped drive a good deal more business to Maryland sportsbooks in…

Retail books ready to do legal MA sports betting business could get some much-desired clarity this week. The MA Gaming Commission will have a meeting Thursday to discuss temporary licenses. Those temporary licenses would enable MA brick and mortar casinos Encore Boston Harbor (WynnBet), MGM Springfield (BetMGM) and Plainridge Park (Penn…