Kansas could see sports betting kiosks at 200 locations
Summary: Kansas’s sports betting law permits each of the state’s four casinos to locate sports betting kiosks at up to 50 locations across the state. Why it matters: Per the Kansas sports betting law: “A professional sports team, auto racetrack facility or other marketing entity may enter into a marketing agreement with a lottery gaming […]
Haralabos Voulgaris on professional sports betting
@haralabob: I know of so many people who have ruined their lives gambling on sports – even sharps in other gambling fields like Poker and Backgammon etc – the beauty of SportsBetting is everyone thinks they know more than they do. Usually they don’t.
Louisiana bill would cap online sportsbook promo tax exemption
Summary: A bill that would limit the amount of promo credits that Louisiana online sportsbooks can deduct before taxes is expected to pass before the end of the current legislative session. Senate Bill 290 would cap online sports betting operators at $5 million in claimed promo play per year. Why it matters: By limiting online […]
New York OSB handle hits single-week low
Summary: Online sportsbooks in New York posted the lowest combined betting handle for a full week since mobile sports betting launched Jan. 8. New York online books too $286.2 million in wagers for the week ending May 15. Why it matters: New York’s weekly handle numbers will likely stay lower through the beginning of the […]
Morgan Stanley: $12.8bn US sports betting market by 2025
Summary: The U.S. sports betting industry will generate $12.8 billion in annual gross revenue by 2025, according to Morgan Stanley. The firm’s US Sports Betting and Online Gambling Primer 3.0 analyst note included a 2025 forecast for both sports betting and online casino gaming in the U.S. Why it matters: While online casinos currently outperform […]