Things were going so well for mobile sports bets that something eventually had to go wrong. And that’s exactly what happened in North Carolina last week. Yes, sports betting is legal there, but placing bets using your phone or laptop won’t be happening anytime soon. There was a small bit of hope that some last minute political maneuvering could bring a deal together, but it was not to be. Now, the legislative session has adjourned, and with them go any hopes of mobile sports bets in the state this year. What was the hold up? As usual, there were concerns…

Gaming experts from PlayNY.com say that New York mobile sports bets will do well, but may not quite live up to the to $500 million in annual tax revenue expectations some have predicted by 2024. Former Gov. Andrew Cuomo’s administration budgeted for proceeds from online gambling to reach $99 million in FY 2022, $357 million in FY 2023, and $500 million by FY 2024, which would easily be the most ever for one state. With the regulations for online sports betting now clearer, the New York mobile sports bets market will be highly lucrative for the state but fall short of…