Tessera

Now on InGame: Another #Illinois budget, another #SportsBetting tax put in place. Details on the $0.25/$0.50 surcharge on wagers and all sorts of fun with revenue projections here: www.ingame.com/illinois-new...

Illinois Passes Another Tax On Sports Betting Wagers

Illinois lawmakers passed a bill imposing a tax on sports betting operators for each wager placed as part of their Fiscal Year 2026 budget

ingame.com

More #Texas lottery drama, with Lotto.com filing a lawsuit against the Texas Lottery Commission seeking an injunction against a rule passed in February banning couriers in the state: www.lotterygeeks.com/lotto-com-su...

Lotto.com Sues Texas Lottery Commission, Acting Executive Director Rey

The company seeks an injunction to the rule barring couriers, claiming the commission "changed rules on the fly and without due process."

lotterygeeks.com

Bally's is making a second go of an IPO for its downtown Chicago casino, seeking minority investment as part of the $195 million offering: www.casinoreports.com/ballys-chica...

Bally's Looking To Raise $195 Million With IPO For Chicago Casino

The company has unveiled details of its initial public offering for its downtown Chicago casino, which it plans to open in September 2026.

casinoreports.com

It looks like there will be nine bids for the 3 #NewYork downstate casino licenses. Four of those bids propose Manhattan-based venues. Seems like the odds are increasing one of them will be in the "City that never sleeps." www.casinoreports.com/las-vegas-sa...

Las Vegas Sands Pulls Out Of Downstate New York Casino Bid

Sands announced it was withdrawing from its bid for one of New York's three downstate casino licenses, narrowing the field to nine.

casinoreports.com

Potential biggest item for Thursday's #Illinois Gaming Board meeting looks to be a proposed administrative rule regarding the "Prohibition of Funding Sports Wagering Accounts with Credit Cards" "Casino Cashless Wagering" could be another, but unsure if that relates to sweeps.

#Nevada Gov. Joe Lombardo has turned to a gaming industry veteran to head the NGCB, naming Mike Dreitzer Incoming Chair: www.casinoreports.com/dreitzer-new...

Dreitzer Named Incoming Chair Of Nevada Gaming Control Board

Nevada Gov. Joe Lombardo turned to a gaming industry veteran in naming Mike Dreitzer Incoming chair of the NGCB.

casinoreports.com

In the big picture, #Pennsylvania sportsbooks did not fare too badly in March with $49.2 million in revenue from $842.9 million handle. But retail sportsbooks in the Keystone State will be happy Q1 is done after another tough month: #SportsBetting www.ingame.com/pennsylvania...

Pennsylvania Retail Sportsbooks Struggle Again In March - InGame

Collectively, the brick-and-mortar operators finished with just a 4% hold in March, thanks in part to a chalk-heavy NCAA Tournament.

ingame.com

Hello, people! Long time, no post, but that's going to start changing. I am now full-time with Third Planet Media, which means lots of gaming news to cover! First up, a look at #Illinois #SportsBetting tax revenues from February: www.ingame.com/illinois-spo...

Tax Revenue In Illinois Soars As Sportsbooks Roll In February

Illinois' progressive tax rates on sportsbooks are doing their job as operators remitted $45.8 million in receipts for February.

ingame.com

Here's an overview of the #Kalshi filings in New Jersey and Nevada against the state regulators in both, as well as CEO Tarek Mansour's public declaration about the platform's status and utility as a “quintessential truth machine.” 👇 @altruda73.bsky.social www.casinoreports.com/kalshi-nevad...

Kalshi CEO Says He Was 'Left With No Choice' But To Sue New Jersey, Nevada Regulators

Kalshi has filed lawsuits against the gaming regulatory bodies of New Jersey and Nevada to continue offering sports-based prediction markets.

casinoreports.com

I don't think I can handle these Wisconsin Supreme Court attack ads every TV timeout of every Marquette game regardless of network.

"There is incredible irony in Mr. Wynn’s case involving the Supreme Court. First of all, one of the justices on the Supreme Court who has made noises about wanting to take a look at Times v. Sullivan is Clarence Thomas..." writes Richard Schuetz. #scotus www.casinoreports.com/schuetz-firs...

Schuetz: On The First Amendment And 'Disgraced' Casino Mogul Steve Wynn

Mr. Wynn appears not to be a big fan of a free press, and may now have his sights set on New York Times v Sullivan, a critical First Amendment case.

casinoreports.com

Buckle up, it's time for the Spin Cycle, a relentless barrage of puns and gambling news. Brought to you by @ericraskin.bsky.social Topics today: - That NAAiG-ing feeling - MGCB back at it - Expeditious Entain exit - RIP, Miami John, and more www.casinoreports.com/spin-cycle-2...

Spin Cycle: New Coalition Of B&Ms, Barrage Of Michigan C&Ds Highlight Week In Gambling

Welcome to “Spin Cycle,” Casino Reports’ Friday roundup of all things impactful, intriguing, impressive, or idiotic in the gambling industry.

casinoreports.com

SPECIAL: #SuperBowlLIX 🧵for #NewYork #SportsBetting stats per @nysgc.bsky.social. Total handle (including futures): $154,902,716 Total revenue (inc. futures): $62,765,285 Hold: 40.52% State Tax Revenue: $31,971,165 1/x

January 2025/YTD Top 10 #SportsBetting handles by state: 1 New York $2.49B* 2 N.C. $646.92M 3 Maryland $618.82M 4 Tenn. $543.65M 5 Indiana $538.71M 6 Iowa $289.73M 7 Oregon $83.57M 8 Maine $50.82M 9 West Va. $49.94M 10 Delaware $23.81M *-U.S. monthly record

January #SportsBetting stats 🧵for #NewYork via @nysgc.bsky.social. Rankings out of 62 months in parentheses. Handle: $2,487,676,801 (1) Revenue: $248,001,821 (1) Hold: 9.97% (26) State Tax Revenue: $149,118,074* *Includes $23.1M adjustment by @betmgmsportsbook.bsky.social

January #SportsBetting stats 🧵for #Maryland via MD Lottery. Rankings out of 37 months in parentheses. Handle: $618,824,226 (3) GGR/Hold: $82,095,604/13.27% (3/12) AGR/Hold: $54,964,079/8.88% (4/20) State Tax Revenue: $8,244,612 1/x

All-time Top 10 post-PASPA #SportsBetting handles by state (* - thru Jan) 1 New York* $61.04B 2 New Jersey $58.47B 3 Nevada $45.62B 4 Illinois (thru Nov) $42.8B 5 Penn. ~$35B 6 Colorado $21.96B 7 Virginia $20.65B 8 Arizona (thru Oct) $20.57B 9 Indiana $20.05B 10 Michigan $19.23B

January 2025/YTD Top 10 #SportsBetting handles by state: 1 New York $2.49B* 2 Maryland $618.82M 3 Maine $50.82M 4 West Virginia $49.94M 5-10: TBD * Post-PASPA U.S. monthly record

FLASH: #NewYork extended its U.S. monthly #SportsBetting records for handle, revenue, and state tax revenue with January figures per @nysgc.bsky.social: : Handle: $2,487,676,801 Revenue: $248,001,821 State Tax: $149,118,074 Tax includes a $23M adjustment by @betmgmsportsbook.bsky.social

January 2025/YTD Top 10 #SportsBetting handles by state: 1 Maryland $618.82M 2 Maine $50.82M 3 West Virginia $49.94M 4-10: TBD

January #SportsBetting stats 🧵for #Maine via Maine Unit. Rankings out of 15 months in parentheses. Handle: $50,817,781 (5) GGR/Hold: $7,116,638/14.00% (2/4) AGR/Hold: $6,993,416/13.76% (2/4) State Tax Revenue: $699,341 1/x

Eric Raskin @ericraskin.bsky.social · 2y ago

Weekly mobile #SportsBetting stats 🧵for #NewYork via @nysgc.bsky.social. Rankings out of 161 weeks in parentheses. Handle: $518,990,925 (17) Revenue: $56,310,096 (13) Hold: 10.85% (43) Estimated State Taxes: $28,718,149 1/x

It's the Super Bowl week edition of LOW ROLLERS! Our friend and yours Dave Sharapan joins to talk Super Bowl buzz in Vegas, life lessons learned from a near-death experience & more. Plus: Terry Rozier scandal, Robinhood whiplash, online slots silliness, Ohio tax shenanigans: rss.com/podcasts/low...

Low Rollers - Low Rollers, Episode 5: Terry Rozier NBA betting investigation, Dave Sharapan on gambling, sports, and life | RSS.com

CasinoReports.com's weekly gaming-biz podcast, Low Rollers, returns! Hosts Eric Raskin and Jeff Edelstein analyze the potential implications of the Terry Rozier NBA betting investigation as well as Ro...

rss.com

"If tariffs are imposed on Canada or Mexico, the most logical expectation is that a trip to Las Vegas will cost more for these foreigners, and if you believe that old demand function thing, that means less will be purchased," writes economist and longtime Vegas guy Richard Schuetz.

Casino Reports@casinoreports.bsky.social · 2y ago

So much legislative machinations, it'll make any policy wonk happy! #iGaming #SportsBetting

The legislative onslaught continues around matters in #iGaming, #sportsbetting, sweepstakes, and iLottery. Here to cover the highlights and help keep you current, @altruda73.bsky.social:

Known 2024 full-year #SportsBetting handle by state (Illinois & Arizona still outstanding) (1/3) 1 New York $22.7B 2 New Jersey $12.77B 3 Ohio $8.89B 4 Pennsylvania $8.42B 5 Nevada ~$7.9B 6 Massachusetts $7.4B 7 Virginia $6.93B 8 Colorado $6.19B 9 Maryland $5.94B 10 Michigan $5.51B

A notable raising of the stakes by the #Florida Gaming Control Commission, which sent cease-and-desist letters to #Bovada, #MyBookie and #BetUS covering #SportsBetting, #HorseRacing and online #casino gaming: www.casinoreports.com/florida-offs...

casinoreports.com

Jan/2025 YTD #SportsBetting State Hold Scoreboard: 1/32 reports counted: 10%+ Hold: 1 (100%) 9%-9.99%: 0 8%-8.99%: 0 7%-7.99%: 0 ≥ 7% industry standard: 1/1 (100%) 6%-6.99%: 0 5%-5.99%: 0 Sub-5%: 0 Sub-0%: 0 Mean/Median: 11.5742%