Gambling in the US saw $14.8 billion in gross gaming revenue (GGR) in Q2, 2022 up 8.8% year over year. This is a record-setting revenue percentage for gambling in the US and beat the record set in Q4 2021. WASHINGTON – The gambling market in the US has continued to grow, seeing an all-time high … Read more
New York could see $428 million in revenue annually with regulated online casinos according to VIXIO GamblingCompliance. The online sports betting market has already raked in over $300 million in revenue since January 2022. Lawmakers failed to pass iGaming legislation in 2022. NEW YORK – New York’s online gambling market could be missing out on … Read more
Mississippi casinos saw a reported gross gaming revenue of $2,669,247,245 in 2021. This is the most grossed since 2008 as over $2 billion came from the Gulf Coast casinos alone. JACKSON, Miss. – Mississippi casinos set a recent record last year, seeing the highest gross gaming revenue since 2008. The casinos raked in a total … Read more
Michigan’s online gambling market has flourished since launch, now ranked second only behind New Jersey in terms of revenue. Michigan online casinos generated $757 million in revenue so far in 2022. Online gambling has only been live in Michigan since 2021. DETROIT – The Michigan online casino market is thriving, now threatening to overtake New … Read more
Virginia has seen roughly 50% of their potential sports betting tax benefits due to sportsbooks deducting promotions and bonuses. The budget approval requires operators that are live for 12 months to pay these taxes moving forward. RICHMOND, Va. – Virginia is joining Colorado as the second state to remove promotion deductions for sports betting. With … Read more
Online sports betting operators are unhappy and have requested to lower the state revenue tax of sports betting from 51%. New York governor has increased the projection of total tax revenue brought in from online sports betting to $615 million. NEW YORK – Since its January launch, New York has been dominant for online sports … Read more
New York pulled in Thanks $603 million in handle during the launch of mobile sports gambling. The state saw $48.2 million in revenue in just nine days. January is on pace to be the most successful month in United States history in New York. NEW YORK – The state of New York is already seeing … Read more
Michigan generated $1 billion in its first year of online gambling. Pennsylvania set a record of $1.1 billion in revenue in 2021. Biloxi casinos saw $1.6 billion in revenue as well. Ohio totaled $2.31 billion in gambling revenue. DETROIT – Multiple states have reported record-setting numbers in revenue from online gambling in 2021. Michigan Brings … Read more
Arizona’s sports betting market generated over $67.5 million in revenue. Sportsbooks handled just under $780 million in sports wagers withing the first two months of launch. LAS VEGAS – The Arizona sports betting market is still young, but already thriving as residents wagered almost $780 million in the first two active months of betting. A … Read more
Virginia sportsbooks handled $2.7 billion in their first 11 months overall. October set a new $427.3 million record high sports wagering handle. November’s sports betting revenue set a new record high of $48.3 million RICHMOND, Va. – Virginia’s state-regulated sports betting market launched in January of 2021, and the Virginia Lottery report shows a very … Read more