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…

This week’s gambling news finds amazing records for mobile sports betting in New York, even with an insane tax rate. Not to be outdone, Hawaii is now considering sports betting with an even higher tax rate! And in case you missed it, more sports betting has launched in Louisiana! Welcome my friends to another edition of This Week in Gambling, where we have sports betting news from Louisiana and Hawaii, of all places! But we begin with a record-breaking update for mobile sports betting in New York! This week’s big story started a little over three weeks ago when mobile…

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…

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…

As the NFL playoffs come upon us, expectations for the launch of New York mobile sports betting grow. We were promised that the state would have the activity up and running in time for the Super Bowl, and it looks like Saturday January 8th will be the day! Earlier this week, prominent New York Senator Joe Addabbo said that mobile sports bets in his state are “imminent”, and may even be available for some playoff games. So, the era of betting on sports in the Empire State, with all the lofty expectations that brings, looks to be a “go” for…

Yes, we’re talking about mobile sports betting again… and just in time for the Thanksgiving break! On our last show before the holiday we reveal the operators approved to operate in New York state, and the tax rate those operators will have to pay! We’re also still waiting on a decision from a judge about Florida sports betting! Plus, there is news on the Bicycle Casino in California, and we have a new interview to share! Back around Halloween I told you guys about the preposterous tax rate being proposed by New York state for mobile sports betting. A tax…