Massachusetts sports betting conference committee meets today
@iDEA_Growth: MASS: sports betting negotiators meet today to begin hashing out differences between the House and Senate bills. Some big divides and compromise will be necessary. Follow along here @ 2pmET: https://t.co/hRMVDQ1rHa
Read MoreNew Jersey dominates New York in sports betting handle per resident
Summary: New York is the runaway leader when it comes to sports betting handle, but everyone is looking up to New Jersey when it comes to sports betting handle per resident. Why it matters: New Jersey’s monthly sports betting handle per resident is consistently over $100 while New York’s fluctuates around $80, putting the Empire […]
Read MoreNew York has other states pondering higher sports betting tax rates
Summary: The success of the New York mobile sports betting market is a double-edged sword, as the gaudy handle and revenue numbers have other states considering and reconsidering higher tax rates. Why it matters: Discarding the smaller monopoly states, the two states with the highest operator burdens, New York (51%) and Pennsylvania (36%) happen to […]
Read MoreVT Economic Development package includes sports betting study
Summary: An $84.5 million Workforce and Economic Development package (S 11) signed by Vermont Gov. Phil Scott includes a provision to create a sports betting study commission that will submit a report by December 15, 2022. Why it matters: Per S 11, “The Study Committee shall examine the sports betting study conducted by the Office […]
Read MoreButler on Caesars Racebook Indiana launch
@ButlerBets: Caesars Racebook is now live in Indiana, $CZR announced earlier today, it’s third state launch, after Ohio and Florida; Wagering is now available on this weekend’s Belmont Stakes; Caesars statewide mobile sportsbook is already live in Indiana
Read More