Wagering on sporting events, and in particular mobile sports betting, is a popular hobby throughout the country but as each state moves forward with its legalization and launch, it becomes clearer just exactly how many Americans bet on sports. Sports betting is seen to be a $150 billion industry, and this is assumed to be a conservative estimate. An article from Legal Sports Betting said that roughly 50% of US residents are projected to live in a state that has launched legal sports betting by the year 2024. As of now, over a quarter of US residents live in a…

The data is in, and the data is amazing. There’s no slowing down New York mobile sports bets, and residents of the state continue to wager staggering amounts. After a quick start, their momentum has maintained itself and is now over $3.5 billion. Online sports book operators have seen betting averages above $50 million per day, and all those bets have translated into nearly $240 million in revenue. But let’s not forget that the state takes a ludicrous 51% of that in taxes. Any thoughts of the betting volume slowing down can be dismissed, at least for now. Industry experts…

It’s only been a few weeks since New York mobile sportsbooks launched, and as one of the largest potential gambling markets in America, there’s lots of money to be made… and that’s exactly what state politicians were hoping for. Now, in just a few weeks of operation, the New York market is living up to expectations by bringing in just over $1.1 billion in sports betting revenue. These numbers mean that the operators generated over $91 million in profits in just over three weeks of operation. And at a tax rate of 51%, New York took in nearly $47 million. For…

Today is the big day for Louisiana mobile sports betting, as six big-time operators officially go live in the state! the activity was originally legalized way back in November of 2020, but delays related to tax laws and the pandemic pushed the launch date back until now. Residents of Louisiana will be able to chose from popular providers, such as BetMGM, Caesars, DraftKings and FanDuel. Also available are the Barstool Sports and BetRivers apps. For what it’s worth, Caesars is an official sports betting partner of the New Orleans Saints, New Orleans Pelicans and Louisiana State University. Plus, they operate…

Players in the Empire State now have another option for sports betting, as PointsBet New York has officially launched. Their entry into the market makes them the sixth operator, joining the original four who launched on opening day of Caesars, FanDuel, DraftKings,  and BetRivers. Ten days ago we reported that the BetMGM app had also launched, then becoming the fifth operator in New York State. They also announced that their app was an official partner with the New York Knicks, Rangers, and the Madison Square Garden Arena. Now that PointsBet New York is up and running, there are still three…

Today is the day another operator is launching their online sports book in New York! The BetMGM app is now live for players in the Empire State, and they can access the benefits of betting with BetMGM, an Official Sports Betting Partner of the Knicks, Rangers and Madison Square Garden Arena. “With today’s monumental news, we’ll now be able to fully activate our relationships with MGM Resorts’ Empire City Casino and Madison Square Garden. We look forward to offering customers in New York unique experiences that they can’t access on any other platform,” said BetMGM CEO Adam Greenblatt. “A huge…