Sports betting profits are exceeding expectations. Prop JJ would let ...

Since Coloradans voted to legalize sports betting four years ago, the popularity of these wagers has far surpassed expectations. Read More

North Carolina sports betting revenue, taxes running years ahead of expectations

North Carolina sports gamblers wagered more than $6.6 billion in paid and promotional bets from July 2024 through June 2025. Read More

Proposition JJ would allow Colorado to keep sports betting tax revenue

Colorado voters will decide through Proposition JJ in the November election if the state can keep excess tax revenue from sports betting for water projects or must return it to casinos. Read More

2024: A year of growth for sports betting revenue

Total tax revenue from sports betting across the U.S. increased from $2.1 billion in 2023 to $2.8 billion in 2024, a jump of nearly 32%. Read More

Prop JJ: Giving More Colorado Sports Betting Revenue to Water Projects ...

Sports betting is set to make Colorado over $31 million in 2024, but the state is only allowed to keep $29 million unless voters approve Proposition JJ. Read More

New Illinois sports betting tax structure could lead to wide-scale ...

Illinois has unveiled a new sports betting tax structure, and it's one that could potentially lead to changes made by other states and sportsbooks across the country. Read More

Proposition JJ: Retain additional sports betting tax revenue, explained

State lawmakers want to keep the excess taxes collected from booming sports gambling businesses and use the money for water conservation projects. Read More

US Senate tackles sports betting as popularity grows - MassLive

The U.S. Senate Committee on the Judiciary met to discuss issues surrounding the unprecedented expansion of sports betting. Read More

State uses portion of mobile sports betting profits to warn about ...

The state taxes mobile sports betting at a rate of 51%, with most of the revenue going to fund public schools. However, $6 million is set aside each year for problem gambling education and treatment. Read More

Opinion | As sports gambling becomes normalized, more teens bet on ...

For a new generation of kids, sports and gambling now go hand in glove As sports betting becomes normalized, more and more teenagers are betting on games. Read More

Betting company Flutter warns over hit to profits - because the ... - MSN

Betting company Flutter warns over hit to profits - because the best sports teams keep winning - The group owns the likes of Paddy Power, Betfair and FanDuel says revenues were hit by more than £ ... Read More

As sports betting has soared, more people search online for help with ...

A study shows more people are looking for help to manage gambling addiction, in the years after a Supreme Court decision allowed online sports betting in 38 states. Read More