June Betting Handle Hits Records as World Cup Thins Hold
How a state taxes its sportsbooks decided whether record June betting filled its tax coffers or left them short.
Sports betting revenue
World Cup Drives Record NY Bets, Tax Take Falls 43%
Record wagering in the country’s largest market produced its thinnest margin yet, and the state’s education fund collected $46 million less than a year
North Carolina’s Budget Squeezes Sportsbooks and Goes Easy on Prediction Markets
The state’s fresh budget makes operating a sportsbook pricier while giving a competing product a gentle landing, and a few legislators fear the imbalance could siphon off the very dollars the increase was supposed to bring in. In one budget, North Carolina made sportsbooks costlier to operate and, at the very same moment, gave a … Read more