Legal US Sports Betting Revenue, Handle And State Tax Database

September 19, 2023

The U.S. gambling industry, including casinos, lotteries, and daily fantasy sports sites, scored a monumental win in May 2018 when the U.S. Supreme Court overturned the Professional and Amateur Sports Protection Act of 1992. That opened the floodgates to state-by-state legalization and regulation of sports betting.

Previously, single-game sports wagering was confined to the state of Nevada, and Las Vegas became the mecca of U.S. sports betting. However, legal sports wagering has expanded to 29 states and counting as of early 2023 and is showing no signs of slowing down anytime soon. The American Gaming Association previously estimated that sports bettors in the U.S. were wagering $150 billion annually, prior to the overturning of PASPA, yet only about $5 billion of that was happening legally — in Nevada.

Some states have legalized only brick and mortar (B&M) sportsbooks for now, while others have also permitted online/mobile wagering; demand has been enormous and some states have seen as much as 90% of all bets in the state placed via online/mobile.

Below is a look at reported figures by legal markets in the still-expanding U.S. market, now more than four years since PASPA fell. Keep in mind some states report robust information regarding legal wagers, while in others, data is sparse.

Legal U.S. sports betting revenue figures

The following table shows the sports betting handle (total dollars wagered), sportsbook revenue (gross revenue produced by legal sportsbooks, collectively, and adjusted when applicable), hold percentage across all sportsbooks in the state (percentage of dollars wagered the sportsbooks “kept,” producing the revenue), and state taxes collected.

There are now two ways this data is tabulated. The first, immediately below, is on a month-by-month basis dating back to May 2018, the month that the U.S. Supreme Court struck down the 1992 federal ban on full-fledged sports wagering outside Nevada. The month-by-month totals also include calendar-year summaries following the December monthly totals.

Month	Number of States with Commercial Wagering	Handle	Gross Revenue	GGR Win Rate	Adjusted Revenue	AGR Win Rate	Known Deductions	State Taxes
Jun-2018	3	$309,961,639	$24,631,915	7.95%	$24,506,884	7.91%	$125,031	$2,093,274
Jul-2018	3	$293,535,556	$8,419,281	2.87%	$8,353,388	2.85%	$65,893	$833,288
Aug-2018	4	$357,545,343	$23,415,051	6.55%	$56,115,008	6.50%	$160,315	$2,307,863
Sep-2018	5	$817,333,376	$95,705,578	11.71%	$93,870,027	11.48%	$1,835,551	$11,363,993
Oct-2018	5	$853,084,809	$45,987,664	5.39%	$45,062,300	5.28%	$925,364	$4,903,202
Nov-2018	7	$995,232,980	$53,783,541	5.40%	$52,886,031	5.31%	$897,510	$5,760,058
Dec-2018	7	$992,233,350	$82,636,901	8.33%	$81,099,115	8.17%	$1,537,786	$10,535,483
2018 TOTALS		$4,618,927,053	$334,579,931	7.24%	$329,032,481	7.12%	$5,547,450	$37,797,161

Jan-2019	7	$1,000,954,918	$42,450,908	4.24%	$41,858,378	4.18%	$592,530	$5,964,549
Feb-2019	7	$882,439,028	$52,115,209	5.91%	$52,256,378	5.92%	($141,169)	$5,103,974
Mar-2019	7	$1,097,866,953	$80,379,128	7.32%	$80,143,126	7.30%	$236,002	$10,171,415
Apr-2019	7	$731,081,405	$52,379,793	7.16%	$52,290,893	7.15%	$88,900	$7,054,679
May-2019	7	$723,182,319	$32,835,854	4.54%	$32,776,814	4.53%	$59,040	$4,530,200
Jun-2019	7	$687,558,756	$34,424,935	5.01%	$33,288,015	4.84%	$1,136,920	$4,535,656
Jul-2019	9	$579,622,438	$37,063,040	6.39%	$34,768,048	6.00%	$2,294,992	$4,725,852
Aug-2019	10	$751,731,851	$62,751,675	8.35%	$58,886,002	7.83%	$3,865,673	$7,744,063
Sep-2019	11	$1,379,969,161	$143,155,118	10.37%	$137,154,919	9.94%	$6,000,199	$19,918,255
Oct-2019	12	$1,554,873,093	$157,394,117	10.12%	$151,973,589	9.77%	$5,420,528	$21,426,087
Nov-2019	12	$1,882,843,954	$111,465,507	5.92%	$104,394,921	5.54%	$7,070,586	$17,482,304
Dec-2019	13	$1,866,617,387	$113,677,366	6.09%	$106,390,013	5.70%	$7,287,353	$17,257,030
2019 TOTALS		$13,138,741,263	$920,092,650	7.00%	$886,181,096	6.74%	$33,911,554	$125,914,064

Jan-2020	13	$1,796,838,279	$139,653,659	7.77%	$130,382,710	7.26%	$9,270,949	$23,484,403
Feb-2020	13	$1,739,002,161	$86,257,860	4.96%	$79,655,561	4.58%	$6,602,299	$11,254,380
Mar-2020	16	$612,231,405	$35,411,901	5.78%	$33,612,351	5.49%	$1,799,550	$7,057,686
Apr-2020	16	$139,180,550	$8,353,626	6.00%	$8,034,313	5.77%	$319,313	$2,038,193
May-2020	18	$287,663,957	$23,953,685	8.33%	$21,243,413	7.38%	$2,710,272	$4,333,104
Jun-2020	18	$447,413,258	$29,673,283	6.63%	$27,059,582	6.05%	$2,613,701	$5,761,814
Jul-2020	18	$901,841,470	$72,652,093	8.06%	$64,366,437	7.14%	$8,285,656	$10,625,085
Aug-2020	18	$2,191,901,959	$126,640,139	5.78%	$111,625,611	5.09%	$15,014,528	$19,014,460
Sep-2020	18	$2,872,540,202	$154,703,919	5.39%	$134,291,256	4.68%	$20,412,663	$19,879,138
Oct-2020	18	$3,285,146,315	$282,956,341	8.61%	$262,677,025	8.00%	$20,279,316	$44,979,756
Nov-2020	19	$3,481,190,653	$312,520,025	8.98%	$288,973,843	8.30%	$23,546,182	$52,251,976
Dec-2020	19	$3,790,077,775	$274,716,946	7.25%	$250,645,932	6.61%	$24,071,014	$44,116,552
2020 TOTALS		$21,545,027,984	$1,547,493,477	7.18%	$1,412,568,034	6.56%	$134,925,443	$244,796,997

Jan-2021	20	$4,383,158,696	$376,337,777	8.59%	$323,673,094	7.38%	$52,664,683	$54,337,644
Feb-2021	20	$4,013,727,683	$252,875,646	6.30%	$190,069,126	4.74%	$62,806,520	$30,346,923
Mar-2021	20	$4,627,373,465	$350,355,235	7.57%	$300,907,459	6.50%	$49,447,776	$44,392,347
Apr-2021	20	$3,703,619,608	$285,401,587	7.71%	$249,818,726	6.75%	$35,582,861	$39,823,832
May-2021	20	$3,719,650,369	$274,386,790	7.38%	$236,605,910	6.36%	$37,780,880	$39,365,112
Jun-2021	20	$3,679,111,789	$334,208,566	9.08%	$300,277,733	8.16%	$33,930,833	$48,466,380
Jul-2021	20	$2,799,556,063	$267,726,183	9.56%	$237,789,428	8.49%	$29,936,755	$37,067,753
Aug-2021	20	$3,068,510,943	$217,217,457	7.08%	$181,016,737	5.90%	$36,200,720	$28,420,823
Sep-2021	23	$5,479,721,824	$440,012,075	8.03%	$312,553,262	5.70%	$127,463,013	$49,424,501
Oct-2021	24	$7,549,015,866	$446,892,105	5.92%	$334,217,398	4.42%	$112,674,707	$53,802,385
Nov-2021	25	$7,402,684,743	$723,345,748	9.77%	$614,358,781	8.30%	$108,986,967	$96,983,106
Dec-2021	26	$7,328,172,806	$375,193,198	5.12%	$259,156,688	3.54%	$116,036,510	$39,848,023
2021 TOTALS		$57,754,303,855	$4,343,956,567	7.52%	$3,540,444,341	6.13%	$803,511,685	$562,278,829

Jan-2022	26	$9,836,753,021	$648,955,282	6.60%	$524,630,037	5.33%	$124,325,245	$128,614,663
Feb-2022	26	$7,924,344,380	$387,524,253	4.89%	$262,989,268	3.32%	$124,534,985	$73,501,316
Mar-2022	26	$9,258,701,274	$603,036,595	6.51%	$506,830,131	5.47%	$96,206,464	$118,485,023
Apr-2022	26	$7,489,681,875	$528,133,428	7.05%	$452,152,428	6.04%	$75,981,000	$110,524,256
May-2022	26	$6,682,076,493	$608,545,106	9.11%	$538,918,627	8.07%	$69,626,479	$122,122,714
Jun-2022	26	$5,479,562,767	$332,907,847	6.08%	$276,581,734	5.05%	$56,326,113	$71,003,061
Jul-2022	26	$4,531,064,305	$405,246,400	8.94%	$369,996,994	8.17%	$35,249,406	$83,937,929
Aug-2022	26	$4,903,994,100	$507,132,080	10.34%	$468,090,936	9.55%	$39,041,144	$108,551,989
Sep-2022	27	$7,919,050,171	$927,064,398	11.71%	$787,933,667	9.95%	$139,108,351	$173,670,020
Oct-2022	27	$9,690,932,161	$855,319,340	8.83%	$758,140,880	7.82%	$97,178,460	$169,293,846
Nov-2022	27	$10,015,886,089	$799,630,182	7.98%	$653,902,569	6.53%	$145,727,613	$174,019,949
Dec-2022	27	$10,060,796,886	$955,767,989	9.50%	$798,579,990	7.94%	$157,187,999	$172,896,337
2022 TOTALS		$93,792,843,522	$7,559,262,900	8.06%	$6,398,747,261	6.82%	$1,160,515,639	$1,506,621,103

Jan-2023	29	$11,493,350,840	$1,067,735,640	9.29%	$921,744,346	8.02%	$145,991,294	$190,240,952
Feb-2023	29	$9,014,982,358	$713,786,076	7.92%	$601,685,205	6.67%	$112,100,871	$134,475,945
Mar-2023	29	$11,250,189,095	$1,068,203,401	9.50%	$971,466,938	8.64%	$96,736,463	$204,016,980
Apr-2023	29	$9,180,316,258	$870,398,153	9.48%	$790,777,854	8.61%	$79,620,299	$173,172,368
May-2023	29	$8,139,786,064	$916,636,052	11.26%	$831,690,857	10.22%	$84,945,195	$184,591,367
Jun-2023	30	$6,621,067,957	$549,937,488	8.31%*	$485,781,598	7.34%*	$64,155,890	$119,255,288
Jul-2023	30	$5,577,692,608	$559,797,267	10.44%*	$523,914,108	9.77%*	$35,883,159	$126,007,027
Aug-2023	30	$3,951,849,841	$361,055,088	9.73%*	$331,849,895	8.94%*	$29,205,993	$91,985,524
2023 TOTALS		$65,229,235,021	$6,107,549,965	9.43%*	$5,458,910,801	8.43%*	$648,639,164	$1,223,745,451

OVERALL TOTALS		$256,079,078,698	$20,812,935,489	8.14%*	$18,025,884,554	7.05%*	$2,787,050,935	$3,701,153,605
Gross/Adjusted Revenue hold percentages DO NOT include TN handle and NE revenue

Details for each state follow in individual sections below. You can click on the state in the below table to go directly to that state’s section. Note that state taxes indicates only taxes that the state ultimately receives, excluding local municipal taxes and certain administrative fees.

State	Total Handle	Gross Revenue Win Rate	Gross Sportsbook Revenue	Adjusted Sportsbook Revenue	State Taxes Collected	Legal Betting Start Date
Arizona	$11,005,985,362	8.12%	$893,304,333	$511,519,115	$51,478,789	September 2021
Arkansas	$507,430,641	9.97%	$50,571,437	$50,571,437	$7,361,924	July 2019
Colorado	$13,076,635,956	6.75%	$882,626,685	$459,463,132	$48,286,320	May 2020
Connecticut	$2,830,863,704	9.37%	$265,359,158	$210,461,798	$28,957,768	October 2021
Delaware	$571,908,686	20.28%	$115,956,768	$85,882,024	$59,316,590	June 2018
District of Columbia	$605,131,244	12.41%	$75,119,146	$75,119,146	$7,525,922	May 2020
Illinois	$24,671,377,012	8.12%	$2,002,115,196	$2,000,663,405	$299,294,294	March 2020
Indiana	$12,989,069,493	8.54%	$1,109,481,332	$1,109,481,332	$105,556,075	September 2019
Iowa	$6,523,969,157	6.91%	$450,543,133	$450,543,133	$32,607,953	August 2019
Kansas	$1,850,720,975	8.99%	$166,430,766	$59,965,871	$6,987,744	September 2022
Louisiana	$3,799,804,460	10.53%	$400,020,139	$355,908,951	$55,128.337	November 2021
Maryland	$3,577,280,460	12.82%	$458,494,028	$198,458,704	$34,010,103	December 2021
Massachusetts	$2,570,433,846	10.09%	$259,347,996	$253,268,646	$50,358,263	January 2023
Michigan	$11,497,194,618	8.84%	$1,016,253,701	$563,739,747	$33,156,262	March 2020
Mississippi	$2,248,287,169	11.35%	$255,107,511	$255,107,511	$30,620,673	August 2018
Montana	$155,343,086	14.16%	$22,000,245	$22,000,245	$22,000,520	March 2020
Nebraska*	N/A	N/A	$81,605	$81,605	$16,422	June 2023
Nevada	$33,904,669,605	5.62%	$1,907,113,000	$1,907,113,000	$128,762,745	1975
New Hampshire	$2,369,554,456	7.57%	$179,431,132	$179,431,132	$82,404,298	December 2019
New Jersey	$40,199,875,239	7.39%	$2,968,871,433	$2,968,871,433	$373,399,527	June 2018
New York	$27,886,536,375	8.72%	$2,431,444,261	$2,431,444,261	$1,218,134,261	June 2019
Ohio	$4,157,786,430	13.92%	$578,835,931	$579,275,773	$65,009,305	January 2023
Oregon	$1,490,435,191	9.82%	$146,319,736	$146,319,736	$146,319,736	August 2019
Pennsylvania	$23,159,889,165	8.15%	$1,886,904,937	$1,306,091,337	$446,057,735	November 2018
Rhode Island	$1,727,709,205	8.93%	$154,288,714	$154,288,714	$79,141,459	November 2018
South Dakota	$14,247,670	10.88%	$1,549,550	$1,549,550	$141,529	September 2021
Tennessee**	$9,308,295,006	N/A	$863,023,646	$766,365,573	$162,070,371	November 2020
Virginia	$11,044,090,966	9.69%	$1,070,283,161	$733,469,487	$110,710,144	January 2021
West Virginia	$2,065,947,534	8.44%	$174,379,916	$174,379,916	$14,822,294	August 2018
Wyoming	$268,605,988	10.30%	$27,676,893	$14,913,016	$1,516,901	September 2021
Totals	$256,079,078,698		$20,812,935,489	$18,025,884,554	$3,701,153,605


*Nebraska Racing and Gaming Commission does not publish handle	**Tennessee Sports Wagering Council stopped publishing revenue totals in July 2023

Arizona sports betting totals

Arizona market snapshot

Arizona completed a rather speedy process from governor’s signature to approval with its launch before the start of the NFL season in September 2021. Governor Doug Ducey and the state legislature were able to craft a bill that included tribal gaming interests as well as professional teams as both were able to obtain mobile and retail sports wagering licenses. The Arizona Department of Gaming has issued 18 of the state’s 20 potential licenses, and there are currently more than 15 different operators accepting wagers online in the state. The first six months showed there was a sizable appetite for sports betting as handle totaled nearly $2.8 billion.

Month	Casinos (Online Operators)	Total Handle	Gross Revenue	Gross Win Rate	Adjusted Revenue	Adjusted Win Rate	Taxes
Sep-21	2 (8)	$291,212,868	$31,630,740	10.86%	$392,418	0.13%	$31,393
Oct-21	2 (9)	$486,097,352	$36,326,542	7.47%	$10,355,580	2.13%	$1,022,841
Nov-21	2 (9)	$466,725,688	$50,270,066	10.77%	$31,899,147	6.83%	$3,177,148
Dec-21	2 (11)	$499,213,733	$38,596,500	7.73%	$17,281,600	3.46%	$1,723,902
Jan-22	2 (12)	$563,694,591	$40,509,947	7.19%	$19,622,351	3.48%	$1,952,971
Feb-22	2 (18)	$491,665,554	$24,428,109	4.97%	$6,856,635	1.39%	$670,686
Mar-22	2 (18)	$690,979,294	$37,231,646	5.39%	$18,668,126	2.70%	$1,864,457
Apr-22	3 (18)	$512,877,848	$29,249,275	5.70%	$16,501,604	3.22%	$1,647,450
May-22	3 (18)	$461,450,688	$55,162,888	11.95%	$41,402,415	8.97%	$4,125,125
Jun-22	11 (18)	$318,774,198	$12,059,482	3.78%	$2,816,212	0.88%	$766,831
Jul-22	11 (18)	$290,511,533	$21,979,580	7.57%	$14,971,945	5.15%	$1,496,427
Aug-22	12 (18)	$361,008,835	$36,302,128	10.06%	$27,754,084	7.69%	$2,767,590
Sep-22	13 (18)	$537,966,149	$55,1788,439	10.26%	$30,717,590	5.71%	$3,058,838
Oct-22	13 (18)	$618,570,296	$49,392,417	7.98%	$29,506,795	4.77%	$2,963,716
Nov-22	13 (18)	$616,855,045	$56,028,195	9.08%	$38,603,363	6.26%	$3,876,207
Dec-22	13 (17)	$572,490,899	$55,581,725	9.71%	$37,315,141	6.52%	$3,724,395
Jan-23	13 (17)	$591,220,794	$47,486,617	8.03%	$28,961,017	4.90%	$2,886,502
Feb-23	13 (17)	$609,278,096	$35,412,452	5.81%	$16,169,916	2.65%	$1,609,581
Mar-23	13 (17)	$644,763,991	$53,523,947	8.30%	$37,119,678	5.76%	$3,673,468
Apr-23	13 (17)	$535,712,027	$49,163,323	9.18%	$34,363,339	6.41%	$3,429,846
May-23	13 (17)	$451,717,025	$49,458,506	10.95%	$33,886,605	7.50%	$3,376,059
Jun-23	13 (17)	$393,198,858	$28,331,609	7.21%	$16,353,354	4.16%	$1,633,356
TOTALS	13 (17)	$11,005,985,362	$893,304,333	8.16%	$511,519,115	4.65%	$51,478,789

Date legalized: April 2021
Arizona legal B&M sportsbooks first launched: Sep. 9, 2021
Arizona legal online/mobile sportsbooks first launched: Sep. 9, 2021
Regulator: Arizona Department of Gaming
Biggest monthly handle to date: $690,979,294 (Mar. ’22)
Biggest monthly gross revenue to date: $56,028,195 (Nov. ’22)
Number of brick-and-mortar sportsbooks operating: 13
Number of online sportsbooks operating: 17
Leading sportsbooks (revenue and/or handle): DraftKings, FanDuel, BetMGM
Tax rate on sportsbook operators: 8% on gross revenue; 10% on mobile revenue
Fun Fact: Super Bowl LVII held at State Farm Stadium in February 2023 was the first held in a state with legalized sports wagering.

Arkansas sports betting totals

Arkansas market snapshot

Arkansas sports betting was made possible by voters, who approved Issue 4 in the 2018 November elections by a margin of 54.1-45.9 percent. Issue 4 provided the initiative to authorize casinos in five counties in the state that included three existing venues and two that will be built. Oaklawn Racing Casino was the first to accept wagers in July 2019, and Saraceno Casino Resort followed suit two months later. Southland Casino Resort was the third to start taking wagers in January 2020, and the two remaining casinos are slated for Pope and Jefferson counties. Arkansas approved mobile wagering to ring in 2022 with a controversial revenue-sharing model that has not been looked at kindly by operators. Betly Sportsbook was the first online platform to launch in the state, going live in April 2022, and has since been joined by Bet Saracen and Oaklawn Sports.

Date	Casinos	Handle	Sportsbook Revenue	Hold	State Taxes
July-19	1	$416,160	$76,885	18.47%	$9,995
Aug-19	1	$778,249	$58,858	7.56%	$7,652
Sep-19	1	$2,252,196	$183,044	8.13%	$23,796
Oct-19	2	$2,216,369	$380,006	17.15%	$49,401
Nov-19	2	$2,978,235	$181,497	6.09%	$23,595
Dec-19	2	$2,683,306	$455,368	16.97%	$59,198
Jan-20	3	$2,587,732	$254,811	9.85%	$33,264
Feb-20	3	$4,264,366	$411,589	9.65%	$67,554
Mar-20	3	$1,588,402	$222,373	14.00%	$38,310
Apr-20	3	$0	$0	0.00%	$0
May-20	3	$509	($115)	-22.59%	$0
June-20	3	$1,189	$10	0.84%	$1
July-20	3	$179,315	($19,633)	-10.95%	$0
Aug-20	3	$1,008,992	$69,625	6.90%	$9,051
Sep-20	3	$3,928,748	$397,094	10.11%	$51,623
Oct-20	3	$6,559,859	$940,514	14.34%	$122,267
Nov-20	3	$6,288,249	$975,984	15.52%	$126,878
Dec-20	3	$6,415,446	$1,054,272	16.43%	$137,055
Jan-21	3	$7,187,194	$1,388,258	19.32%	$180,474
Feb-21	3	$4,469,442	$655,356	14.66%	$92,923
Mar-21	3	$5,947,426	$807,091	13.58%	$130,877
Apr-21	3	$4,065,703	$761,536	18.73%	$131,137
May-21	3	$3,687,207	$508,325	13.79%	$81,710
Jun-21	3	$3,895,683	$359,000	9.22%	$59,088
Jul-21	3	$2,908,833	$449,040	15.44%	$58,375
Aug-21	3	$2,892,285	$310,481	10.73%	$40,362
Sep-21	3	$7,007,774	$809,404	11.55%	$105,223
Oct-21	3	$9,506,183	$803,568	8.45%	$104,463
Nov-21	3	$8,380,191	$1,623,435	19.37%	$211,046
Dec-21	3	$7,794,292	$47,600	0.61%	$26,988
Jan-22	3	$8,775,932	$1,181,336	13.46%	$153,574
Feb-22	3	$5,876,444	$331,001	5.63%	$61,390
Mar-22	3 (1 Mobile)	$10,686,501	$791,848	7.41%	$119,671
Apr-22	3 (1 Mobile)	$8,598,225	$749,811	8.72%	$120,297
May-22	3 (1 Mobile)	$9,410,678	$509,924	5.42%	$137,860
Jun-22	3 (2 Mobile)	$12,632,207	$4,044	0.03%	$47,903
Jul-22	3 (2 Mobile)	$8,690,467	$854,435	9.83%	$85,172
Aug-22	3 (2 Mobile)	$10,195,910	$1,015,340	9.96%	$94,992
Sep-22	3 (3 Mobile)	$21,185,546	$3,208,032	15.14%	$416,974
Oct-22	3 (3 Mobile)	$26,879,107	$2,793,719	10.39%	$363,183
Nov-22	3 (3 Mobile)	$30,576,009	$2,999,450	9.81%	$389,929
Dec-22	3 (3 Mobile)	$30,936,485	$3,409,982	11.02%	$505,418
Jan-23	3 (3 Mobile)	$32,976,264	$2,868,243	8.70%	$439,379
Feb-23	3 (3 Mobile)	$29,532,263	$1,709,714	5.79%	$254,925
Mar-23	3 (3 Mobile)	$37,519,413	$4,264,047	11.36%	$626,042
Apr-23	3 (3 Mobile)	$25,452,660	$2,336,022	9.18%	$349,633
May-23	3 (3 Mobile)	$22,777,209	$2,293,280	10.07%	$458,656
Jun-23	3 (3 Mobile)	$22,708,945	$1,334,972	5.88%	$266,995
Jul-23	3 (3 Mobile)	$17,577,627	$2,077,422	11.82%	$270,065
Aug-23	3 (3 Mobile)	$22,553,214	$1,673,539	7.42%	$217,560
TOTALS	3 (3 Mobile)	$507,430,641	$50,571,437	9.97%	$7,361,924

Date legalized: November 2018
Arkansas legal B&M sportsbooks first launched: July 2019
Arkansas legal online/mobile sportsbooks first launched: May 2022
Regulator: Arkansas Racing Commission
Biggest monthly handle to date: $37,519,413 (Mar. ’23)
Biggest gross revenue to date: $4,264,047 (Mar. ’23)
Number of brick-and-mortar sportsbooks operating: 3
Number of online sportsbooks operating: 3 (Betly, Bet Saracen, Oaklawn)
Leading sportsbooks (revenue and/or handle): Southland Racing Casino
Tax rate on sportsbook operators: 13% on gross revenue

Colorado sports betting totals

Colorado market snapshot

Colorado sports betting was made possible by ballot referendum in November 2019, when the measure to legalize narrowly passed by 1%. The industry and player-friendly regulations to follow have resulted in what’s basically a robust test market for all groups looking to gain a foothold in the U.S. market — including Circa Sportsbook and the SuperBook, two of the Las Vegas-based titans. There may be up to 33 online sportsbooks available, one for each casino, and one physical lounge at each property. The first NFL team/sportsbook partnership was also struck in Colorado, when the Denver Broncos and FanDuel Sportsbook hooked up in June 2020.


Month	Number of Casinos (Number Online)	Total Handle	Mobile Handle Percentage	Gross Sportsbook Revenue	Gross Win Rate	Adjusted Sportsbook Revenue	Adjusted Win Rate	State Taxes
May-20	0 (6)	$25,621,761	100%	$2,567,290	10.01%	$946,101	3.70%	$96,538
Jun-20	1 (7)	$38,136,649	N/A	$3,484,014	9.14%	$2,169,978	5.69%	$217,023
Jul-20	7 (9)	$59,183,620	99.02%	$5,196,599	8.78%	$2,417,311	4.08%	$241,867
Aug-20	9 (10)	$128,646,209	98.46%	$7,519,599	5.85%	$1,877,911	1.46%	$189,462
Sep-20	12 (14)	$207,655,943	98.18%	$4,166,334	2.01%	($3,394,190)	-1.63%	$69,772
Oct-20	13 (15)	$210,719,821	97.97%	$17,402,409	8.26%	$9,642,956	4.58%	$824,700
Nov-20	13 (16)	$231,238,842	98.11%	$18,354,655	7.94%	$8,977,427	3.88%	$793,820
Dec-20	13 (17)	$284,551,472	98.56%	$17,151,867	6.03%	$5,676,627	2.00%	$531,490
Jan-21	16 (17)	$326,903,462	97.69%	$23,144,505	7.08%	$11,730,509	3.59%	$1,195,744
Feb-21	16 (18)	$266,549,207	96.87%	$10,444,810	3.92%	$175,275	0.07%	$332,227
Mar-21	16 (20)	$300,990,840	98.08%	$20,365,119	6.77%	$10,632,015	3.53%	$1,060,854
Apr-21	16 (20)	$244,446,740	98.97%	$17,563,939	7.19%	$10,540,337	4.31%	$1,082,611
May-21	17 (21)	$248,968,193	99.00%	$15,154,761	6.09%	$5,911,265	2.37%	$635,641
Jun-21	17 (21)	$229,764,688	98.83%	$19,730,957	8.59%	$11,703,974	5.09%	$1,186,455
Jul-21	17 (21)	$181,327,995	98.78%	$15,652,461	8.63%	$9,598,984	5.29%	$999,111
Aug-21	17 (21)	$211,918,185	98.28%	$15,228,343	7.19%	$7,086,529	3.34%	$726,366
Sep-21	17 (21)	$408,314,625	98.64%	$22,658,630	5.55%	$1,816,580	0.44%	$483,048
Oct-21	17 (25)	$491,453,342	98.34%	$28,616,708	5.82%	$9,785,717	1.99%	$1,246,804
Nov-21	17 (25)	$475,441,222	98.65%	$36,781,848	7.74%	$19,171,547	4.03%	$1,981,640
Dec-21	17 (25)	$461,448,574	98.59%	$24,732,487	5.36%	$5,253,600	1.14%	$770,370
Jan-22	17 (25)	$573,720,213	98.85%	$34,640,219	6.04%	$11,692,221	2.04%	$1,447,952
Feb-22	17 (25)	$440,508,421	98.73%	$19,604,490	4.45%	($1,118,630)	-0.25%	$314,731
Mar-22	17 (25)	$505,611,080	98.93%	$28,238,194	5.58%	$13,046,305	2.58%	$1,313,076
Apr-22	17 (25)	$392,311,737	99.17%	$22,571,887	5.75%	$11,528,793	2.94%	$1,231,742
May-22	17 (25)	$360,325,438	99.03%	$27,119,329	7.53%	$16,573,823	4.60%	$1,659,189
Jun-22	17 (25)	$313,215,081	99.09%	$6,781,092	2.16%	($1,920,114)	-0.61%	$286,280
Jul-22	17 (25)	$258,414,807	99.24%	$20,802,881	8.05%	$14,219,193	5.50%	$1,092,182
Aug-22	17 (25)	$290,107,970	99.20%	$25,859,270	8.91%	$21,958,556	7.57%	$1,822,104
Sep-22	17 (25)	$450,232,597	98.98%	$51,339,659	11.40%	$31,670,834	7.03%	$2,989,342
Oct-22	17 (25)	$526,619,777	99.08%	$36,514,974	6.93%	$21,079,706	4.00%	$2,330,705
Nov-22	17 (25)	$552,603,013	99.16%	$37,569,022	6.80%	$24,356,217	4.41%	$2,581,533
Dec-22	17 (25)	$518,088,768	99.26%	$40,909,238	7.90%	$25,845,000	4.99%	$2,583,711
Jan-23	17 (25)	$547,189,025	99.10%	$35,482,562	6.48%	$22,494,859	4.11%	$2,586,457
Feb-23	17 (25)	$425,142,877	99.17%	$22,599,602	5.32%	$11,971,619	2.82%	$1,257,332
Mar-23	17 (25)	$494,440,210	99.09%	$45,935,669	9.29%	$35,416,031	7.16%	$3,103,024
Apr-23	17 (25)	$417,814,147	99.18%	$35,148,592	8.41%	$25,855,745	6.19%	$2,582,615
May-23	17 (25)	$385,242,136	99.17%	$31,406,903	8.15%	$22,022,429	5.72%	$2,218,084
Jun-23	17 (25)	$310,656,478	99.21%	$9,223,661	2.97%	$1,974,031	0.64%	$441,951
Jul-23	17 (25)	$281,110,490	99.38%	$24,962,106	8.88%	$19,075,871	6.79%	$1,778,767
Totals		$13,076,635,956	N/A	$882,626,685	6.75%	$459,463,132	3.51%	$48,286,320

Date legalized: November 2019
Colorado legal B&M sportsbooks first launched: May 1, 2020
Colorado legal online/mobile sportsbooks first launched: May 1, 2020
Regulator: Colorado Limited Gaming Commission
Biggest monthly handle to date: $573,720,213 (Jan. ’22)
Biggest monthly gross revenue to date: $51,339,659 (Sep. ’22)
Number of brick-and-mortar sportsbooks operating: 17
Number of online sportsbooks operating: 26
Leading sportsbooks (revenue and/or handle): Undetermined
Tax rate on sportsbook operators: 10% on net sports betting proceeds

Connecticut sports betting totals

Connecticut market snapshot

The Nutmeg State legalized sports wagering on May 19, 2021, by Gov. Ned Lamont and launched six months later on Oct. 19, but getting to that point was sometimes a painstaking process. Connecticut has a semi-hybrid approach in which the two key gaming venues in the state run by the tribes — Foxwoods (Mashentucket Pequot) and Mohegan — have teamed with DraftKings and FanDuel, respectively, with those compacts for Class III Gaming published in September. The Connecticut Lottery originally partnered with SugarHouse, run by Rush Street Interactive, for its online sports wagering offerings and 15 off-retail locations but is currently reviewing applications for a new sportsbook partner after RSI announced in May it would wind down its presence.

, and RSI will also have access to 15 off-retail locations throughout the state as part of a 10-year deal with the state lottery agency.

Month	Handle	Gross Gaming Revenue	Gross Win Rate	Adjusted Gaming Revenue	Adjusted Win Rate	Taxes
Oct-21	$54,641,474	$4,904,522	8.98%	$3,730,554	6.83%	$512,951
Nov-21	$131,729,179	$16,340,683	12.40%	$12,451,897	9.45%	$1,712,136
Dec-21	$150,073,755	$8,895,943	5.93%	$6,945,825	4.50%	$929,336
Jan-22	$158,092,481	$10,825,590	6.85%	$8,309,167	5.26%	$1,142,510
Feb-22	$115,619,953	$4,766,578	4.12%	$3,647,385	3.15%	$501,616
Mar-22	$140,747,137	$9,807,414	6.97%	$7,545,967	5.36%	$1,057,570
Apr-22	$116,465,199	$9,252,534	7.94%	$7,187,371	6.17%	$988,263
May-22	$115,180,155	$9,090,699	7.89%	$7,136,757	6.20%	$980,494
Jun-22	$95,421,852	$6,181,906	6.48%	$4,868,746	5.10%	$669,453
Jul-22	$78,316,775	$7,566,050	9.66%	$6,247,888	7.98%	$859,094
Aug-22	$80,037,045	$9,913,738	12.39%	$8,386,361	10.48%	$1,153,125
Sep-22	$130,547,719	$16,966,060	13.00%	$12,926,483	9.90%	$1,777,391
Oct-22	$164,170,106	$15,898,881	9.68%	$12,628,897	7.69%	$1,736,473
Nov-22	$165,026,282	$17,414,783	10.55%	$14,126,454	8.56%	$1,942,387
Dec-22	$160,266,050	$15,767,490	9.84%	$12,625,502	7.88%	$1,735,979
Jan-23	$167,673,044	$17,562,322	10.47%	$13,958,469	8.32%	$1,919,290
Feb-23	$136,508,300	$10,866,536	7.96%	$8,550,500	6.26%	$1,175,694
Mar-23	$159,997,579	$16,509,118	10.32%	$13,496,875	8.44%	$1,855,821
Apr-23	$126,683,869	$13,146,672	10.38%	$10,608,950	8.37%	$1,458,730
May-23	$109,421,369	$14,926,294	13.64%	$11,966,495	10.94%	$1,645,394
Jun-23	$91,414,677	$8,879,045	9.71%	$6,993,293	7.65%	$961,577
Jul-23	$91,512,897	$10,624,363	11.61%	$8,838,636	9.66%	$1,215,353
Aug-23	$91,316,807	$9,251,937	10.13%	$7,470,338	8.18%	$1,027,171
TOTALS	$2,830,863,704	$265,359,158	9.37%	$210,461,798	7.43%	$28,957,768

Date legalized: May 19, 2021.
Connecticut legal B&M sportsbooks first launched: Oct. 12, 2021
Connecticut online/mobile sportsbooks launched: Oct. 19, 2021
Regulator: Connecticut Department of Consumer Protection
Biggest monthly handle to date: $167,673,044 (Jan. ’23)
Biggest monthly gross revenue to date: $17,533,435 (Jan. ’23)
Number of brick-and-mortar sportsbooks operating: 2
Number of retail sites: 15
Number of online sportsbooks operating: 3
Leading sportsbooks: DraftKings operates via Foxwoods, FanDuel operates via Mohegan Sun, and SugarHouse operates via the Connecticut Lottery.
Tax rate on sportsbook operators: The tax rate is 13.75% on adjusted gaming revenue, with operators permitted to set aside 20% of gross revenue as promotional. The percentage, which was introduced at 25% when legalized, gets reduced by five points every 12 months until it zeroes out.

Delaware sports betting totals

Delaware market snapshot

The First State was actually among four states (including Nevada, Oregon, and Montana that had limited sports wagering “grandfathered” under PASPA, allowing the Delaware Lottery to offer NFL parlay betting even after Congress passed the ban. Once PASPA was struck down, Delaware beat New Jersey to the punch, accepting the first straight bet outside Nevada on June 5, 2018. Online sportsbook apps are not yet legal in the state.

Month	Number of Casinos (Number Online)	Total Handle	Gross Gaming Revenue	Gross Win Rate	Adjusted Gaming Revenue	Adjusted Win Rate	State Taxes
Jun-18	3 (0 Mobile)	$7,003,725	$1,000,247	14.28%	$875,216	12.50%	$437,069
Jul-18	3 (0 Mobile)	$8,214,765	$527,140	6.42%	$461,247	5.61%	$230,614
Aug-18	3 (0 Mobile)	$8,018,354	$983,051	12.26%	$822,736	10.26%	$457,984
Sep-18	3 (0 Mobile)	$23,257,965	$7,807,511	33.57%	$5,971,960	25.68%	$4,118,974
Oct-18	3 (0 Mobile)	$21,231,427	$2,565,956	12.09%	$1,640,592	7.73%	$1,299,481
Nov-18	3 (0 Mobile)	$24,206,090	$2,505,849	10.35%	$1,608,339	6.64%	$998,477
Dec-18	3 (0 Mobile)	$23,419,539	$5,810,006	24.81%	$4,272,220	18.24%	$2,989,388
Jan-19	3 (0 Mobile)	$14,130,069	$2,687,370	19.02%	$2,094,840	14.83%	$1,311,323
Feb-19	3 (0 Mobile)	$8,709,205	($616,941)	-7.08%	($475,772)	-5.46%	$0
Mar-19	3 (0 Mobile)	$10,483,128	$1,879,046	17.92%	$1,643,044	15.67%	$821,072
Apr-19	3 (0 Mobile)	$6,088,183	$703,739	11.56%	$614,839	10.10%	$307,046
May-19	3 (0 Mobile)	$5,920,766	$464,333	7.84%/6.85%	$405,293	6.85%	$202,247
Jun-19	3 (0 Mobile)	$6,325,464	$533,378	8.43%	$466,019	7.37%	$222,733
Jul-19	3 (0 Mobile)	$3,920,974	$579,897	14.79%	$507,199	12.94%	$253,516
Aug-19	3 (0 Mobile)	$4,745,747	$586,057	12.35%	$493,106	10.39%	$241,770
Sep-19	3 (0 Mobile)	$18,781,406	$5,979,896	31.84%	$4,425,641	23.56%	$3,123,828
Oct-19	3 (0 Mobile)	$16,066,023	$4,640,776	28.89%	$3,388,776	21.09%	$2,358,625
Nov-19	3 (0 Mobile)	$16,850,854	$4,235,147	25.13%	$3,014,647	17.89%	$2,167,507
Dec-19	3 (0 Mobile)	$20,466,561	$4,174,861	20.40%	$2,972,117	14.52%	$2,032,440
Jan-20	3 (0 Mobile)	$11,187,011	$2,527,313	22.59%	$1,995,975	17.84%	$1,190,481
Feb-20	3 (0 Mobile)	$7,279,650	($410,665)	-5.64%	($303,119)	-4.16%	$0
Mar-20	3 (0 Mobile)	$3,877,068	$653,127	16.85%	$570,442	14.71%	$284,802
Apr-20	3 (0 Mobile)	$0	$0	0.00%	($104)	0.00%	$0
May-20	3 (0 Mobile)	$0	$0	0.00%	($15)	0.00%	$0
Jun-20	3 (0 Mobile)	$0	$0	0.00%	($33)	0.00%	$0
Jul-20	2 (0 Mobile)	$209,282	$13,845	6.62%	$11,862	5.67%	$5,831
Aug-20	2 (0 Mobile)	$2,957,634	$419,561	14.19%	$366,323	12.39%	$182,844
Sep-20	3 (0 Mobile)	$12,439,302	$2,803,023	22.53%	$1,958,567	15.74%	$1,402,669
Oct-20	3 (0 Mobile)	$17,086,034	$4,945,187	28.94%	$3,483,045	20.39%	$2,534,638
Nov-20	3 (0 Mobile)	$19,510,093	$8,162,861	41.84%	$5,901,514	30.25%	$4,437,584
Dec-20	3 (0 Mobile)	$15,696,681	$4,408,081	28.08%	$3,097,116	19.73%	$2,341,189
Jan-21	3 (0 Mobile)	$15,649,254	$3,288,405	21.01%	$2,737,097	17.49%	$1,553,487
Feb-21	3 (0 Mobile)	$7,519,710	$679,021	9.03%	$595,680	7.92%	$254,200
Mar-21	3 (0 Mobile)	$6,666,115	$1,104,860	16.57%	$965,419	14.48%	$482,174
Apr-21	3 (0 Mobile)	$5,470,250	$1,022,928	18.70%	$893,960	16.34%	$446,688
May-21	3 (0 Mobile)	$7,060,911	$775,611	10.98%	$677,441	9.59%	$338,232
Jun-21	3 (0 Mobile)	$5,958,137	$737,985	12.39%	$644,367	10.81%	$321,634
Jul-21	3 (0 Mobile)	$4,110,581	$1,146,040	27.88%	$633,084	15.40%	$316,107
Aug-21	3 (0 Mobile)	$5,251,471	$541,369	10.31%	$453,422	8.63%	$224,174
Sep-21	3 (0 Mobile)	$13,702,755	$4,420,661	32.26%	$3,202,534	23.37%	$2,341,630
Oct-21	3 (0 Mobile)	$22,238,321	$4,635,199	20.84%	$3,102,693	13.95%	$2,319,322
Nov-21	3 (0 Mobile)	$15,567,067	$6,226,325	40.00%	$4,567,121	29.34%	$3,391,917
Dec-21	3 (0 Mobile)	$12,638,955	($972,382)	-7.69%	($969,519)	-7.67%	$148,405
Jan-22	3 (0 Mobile)	$12,637,103	$2,716,346	19.01%	$1,914,286	14.34%	$1,418,276
Feb-22	3 (0 Mobile)	$5,435,407	$73,298	1.35%	$54,282	1.00%	$9,814
Mar-22	3 (0 Mobile)	$5,157,583	$632,532	12.26%	$552,031	10.70%	$275,442
Apr-22	3 (0 Mobile)	$4,200,298	$359,242	8.55%	$313,267	7.46%	$156,204
May-22	3 (0 Mobile)	$5,127,275	$566,488	11.05%	$494,648	9.65%	$246,955
Jun-22	3 (0 Mobile)	$3,507,846	$243,164	6.93%	$211,922	6.04%	$105,622
Jul-22	3 (0 Mobile)	$2,678,686	$438,069	16.35%	$383,250	14.31%	$191,432
Aug-22	3 (0 Mobile)	$2,902,652	$416,376	14.34%	$354,444	12.21%	$191,634
Sep-22	3 (0 Mobile)	$8,948,981	$3,859,442	43.13%	$2,785,652	31.13%	$2,144,155
Oct-22	3 (0 Mobile)	$13,545,163	$3,629,919	26.80%	$2,463,045	18.18%	$1,841,226
Nov-22	3 (0 Mobiile)	$10,172,819	$2,303,197	22.64%	$1,530,355	15.04%	$1,119,178
Dec-22	3 (0 Mobile)	$8,157,580	$2,065,320	25.32%	$1,367,377	16.76%	$1,061,320
Jan-23	3 (0 Mobile)	$8,457,660	$2,325,156	27.49%	$1,642,635	19.42%	$1,279,260
Feb-23	3 (0 Mobile)	$4,120,957	$373,701	9.07%	$306,573	7.44%	$160,247
Mar-23	3 (0 Mobile)	$3,491,183	$626,371	17.94%	$544,385	15.59%	$271,825
Apr-23	3 (0 Mobile)	$3,450,142	$454,657	13.48%	$374,568	10.86%	$202,968
May-23	3 (0 Mobile)	$2,760,829	$314,900	11.41%	$245,475	8.89%	$135,164
Jun-23	3 (0 Mobile)	$3,128,258	$123,625	3.95%	$71,029	2.27%	$38,248
Jul-23	3 (0 Mobile)	$2,256,345	$378,416	16.77%	$283,025	12.54%	$176,075
Aug-23	3 (0 Mobile)	$2,400,532	$426,015	17.75%	$311,175	12.96%	$198,903
Totals	3 (0 Mobile)	$571,908,686	$115,956,768	20.28%	$85,882,024	15.02%	$59,316,590

Note: Delaware’s reported sports betting numbers are a combination of its three sportsbooks and sports lottery retailers who are permitted to offer only NFL parlay tickets.

Date legalized: Immediately upon PASPA getting struck down, based on state’s existing laws.
Delaware legal B&M sportsbooks first launched: June 2018
Delaware online/mobile sportsbooks launched: Not currently legal
Regulator: Delaware Lottery
Biggest monthly handle to date: $24,206,090 (Nov. ’18)
Biggest monthly gross revenue to date: $8,162,861 (Nov. ’20)
Number of brick-and-mortar sportsbooks operating: 3
Number of retail parlay card sites: 114
Number of online sportsbooks operating: 0
Leading sportsbooks: For all three sportsbooks in the state, Scientific Games operates systems and software, while Caesars Sportsbook (formerly William Hill) manages oddsmaking/risk-management.
Tax rate on sportsbook operators: Delaware uses a revenue-sharing arrangement that gives 12.5% to Scientific Games, and the remaining amount is divided between the state (50%) and casinos that take the wagers (40%). The remaining 10% is taken out to support the state’s horse tracks.

District of Columbia sports betting totals

District of Columbia market snapshot

It took a while for the nation’s capital to get going after the D.C. Council legalized it in December 2018 and Mayor Muriel Bowser signed the measure into law in January 2019. The first bets through the city’s mobile app, GambetDC, run by DC Lottery, were not made until May 2020. The road to launch had a series bumps and hiccups, and many people ultimately were not thrilled with the GambetDC platform and offerings. Bookmaker William Hill entered the field in August 2020, with a physical sportsbook at Capital One Arena — the first sportsbook to operate at a sporting venue in the United States. BetMGM recently followed suit with a retail location at Nationals Park, which officially opened its doors on January 31, 2022. FanDuel was the latest to enter the market through Audi Field.

Month	Total Handle	Sportsbook Revenues	Hold Percentage	District Taxes
May-20	$9,723	($240)	-2.47%	$0
June-20	$223,730	$36,985	16.53%	$3,699
July-20	$743,330	$144,020	19.37%	$14,402
Aug-20	$11,262,442	$1,703,416	15.12%	$170,341
Sep-20	$15,455,160	$1,804,299	11.67%	$180,430
Oct-20	$18,535,846	$3,539,869	19.10%	$353,987
Nov-20	$17,600,534	$3,611,200	20.52%	$361,120
Dec-20	$16,696,995	$2,708,652	16.22%	$270,866
Jan-21	$15,746,168	$2,805,492	17.82%	$280,549
Feb-21	$15,303,079	$1,333,019	8.71%	$133,302
Mar-21	$15,275,215	$1,867,034	12.22%	$186,703
Apr-21	$10,746,937	$2,087,240	19.42%	$208,724
May-21	$13,772,411	$2,008,091	14.58%	$200,809
Jun-21	$19,518,408	$2,191,485	11.23%	$219,149
Jul-21	$12,808,240	$1,801,749	14.07%	$180,176
Aug-21	$12,445,312	$1,492,900	12.00%	$142,290
Sep-21	$20,706,483	$3,883,674	18.76%	$388,368
Oct-21	$24,918,457	$1,705,267	6.84%	$173,619
Nov-21	$21,419,455	$4,434,928	20.71%	$443,494
Dec-21	$19,220,228	$1,398,707	7.28%	$139,871
Jan-22	$18,627,788	$1,962,256	10.53%	$196,226
Feb-22	$19,072,856	$740,542	3.88%	$74,054
Mar-22	$20,432,719	$1,365,997	6.69%	$136,600
Apr-22	$18,379,904	$1,431,276	7.79%	$143,128
May-22	$17,234,139	$2,016,708	11.70%	$201,671
Jun-22	$13,760,754	$1,000,645	7.27%	$100,065
Jul-22	$11,346,178	$1,166,211	10.28%	$116,621
Aug-22	$13,147,645	$1,832,686	13.94%	$183,269
Sep-22	$19,361,047	$3,530,486	18.23%	$353,049
Oct-22	$24,801,500	$3,111,717	12.55%	$311,172
Nov-22	$21,401,681	$2,641,689	12.34%	$264,169
Dec-22	$18,665,909	$2,410,627	12.91%	$241,063
Jan-23	$20,115,255	$1,494,441	7.43%	$151,520
Feb-23	$14,634,829	$1,193,982	8.16%	$126,545
Mar-23	$18,091,767	$2,275,691	12.58%	$227,568
Apr-23	$14,132,054	$1,418,909	10.04%	$144,468
May-23	$12,532,898	$2,024,803	16.16%	$202,480
Jun-23	$11,150,333	$484,673	4.35%	$49,187
Jul-23	$7,722,843	$1,409,569	18.25%	$140,957
Aug-23	$8,111,022	$1,048,451	12.93%	$110,211
Totals	$605,131,244	$75,119,146	12.41%	$7,525,922

Legalization date: January 23, 2019 (signed into law by D.C. Mayor Muriel Bowser)
First retail sportsbook launched: May 28, 2020
First mobile sportsbook launched: May 28, 2020
Regulator: DC Lottery
Biggest monthly handle to date: $24,918,457 (Oct. ’21)
Biggest monthly gross revenue to date: $4,434,928 (Nov. ’21)
Number of brick-and-mortar sportsbooks: 6 (Caesars by William Hill at Capital One Arena; BetMGM at Nationals Park; Grand Central Restaurant, Bar, & Sportsbook; The Cloakroom DC; Gambet via DC Lottery; and FanDuel at Audi Field)
Number of online sportsbooks: 4 (GambetDC, Caesars by William Hill, BetMGM, FanDuel)
Leading sportsbooks: Caesars by William Hill, GambetDC, BetMGM
Tax Rate: 10%

Illinois sports betting totals

Illinois market snapshot

The first brick-and-mortar sportsbook in Illinois launched on March 9, 2020 at the Rivers Casino in Des Plaines, followed by the Argosy Casino Alton on March 12. The Illinois enabling legislation for sports betting originally required in-person registration for online betting accounts, though that expired on March 5, 2022. Mobile wagering has since taken off in the Land of Lincoln thanks to Gov. JB Pritzker’s Executive Order suspending the in-person provision, which he extended on multiple occasions throughout the COVID-19 pandemic in 2020 and into 2021. The first Illinois sportsbook to go live online was BetRivers Sportsbook through Rivers Casino, and there are currently seven total mobile operators accepting action in the state. Illinois became the fourth state to post a $1 billion monthly handle in October 2022 and the third to clear $100 million in operator venue in the same month.

Date	Number of Casinos (Number Online)	Overall Handle	Mobile Handle	Mobile Handle Percentage	Adjusted Sportsbook Revenue	Adjusted Win Rate	State Taxes
Mar-20	2 (0)	$997,382	$0	0.00%	$72,028	7.22	$10,804
Apr-20	0 (0)	$0	$0	0.00%	$0	0.00	$0
May-20	0 (0)	$0	$0	0.00%	$0	0.00	$0
June-20	1 (1)	$8,281,803	$8,281,803	100.00%	$368,651	9.82	$55,298
July-20	2 (1)	$52,524,612	$48,524,592	92.38%	$3,623,985	9.08	$537,264
Aug-20	6(3)	$140,065,649	$123,969,460	88.51%	$7,233,360	5.47	$1,085,004
Sep-20	8 (5)	$305,223,938	$283,061,442	92.73%	$6,837,289	3.85	$1,025,593
Oct-20	8 (5)	$434,567,105	$409,780,229	94.30%	$42,200,300	10.02	$6,330,045
Nov-20	8 (5)	$449,474,389	$433,694,608	96.49%	$41,286,027	9.10%	$6,192,904
Dec-20	0 (5)	$491,720,536	$491,720,536	100.00%	$23,873,152	4.86%	$3,580,973
Jan-21	8 (5)	$581,553,300	$575,232,465	98.91%	$47,945,298	8.24%	$7,191,795
Feb-21	8 (5)	$509,794,592	$490,203,460	96.16%	$35,393,768	6.94%	$5,309,065
Mar-21	11 (6)	$633,614,957	$609,045,176	96.12%	$44,317,702	6.99%	$6,647,655
Apr-21	11 (6)	$537,158,723	$513,245,932	95.55%	$43,605,926	8.12%	$6,540,899
May-21	11 (6)	$507,279,761	$482,503,036	95.12%	$36,230,990	7.14%	$5,434,648
Jun-21	11 (6)	$476,517,310	$451,691,936	94.79%	$47,517,215	9.97%	$7,127,582
Jul-21	11 (6)	$369,134,820	$348,446,038	94.40%	$37,611,594	10.19%	$5,641,739
Aug-21	11 (6)	$400,359,760	$380,217,277	94.97%	$26,849,155	6.71%	$4,027,373
Sep-21	11 (6)	$596,455,693	$569,898,894	95.85%	$39,991,466	6.70%	$5,998,720
Oct-21	11 (6)	$840,440.434	$803,449,367	95.60%	$52,596,844	6.26%	$7,889,527
Nov-21	11 (6)	$779,853,367	$745,967,170	95.65%	$79,327,385	10.17%	$11,899,108
Dec-21	11 (6)	$789,600,346	$752,864,250	95.35%	$33,685,291	4.27%	$5,052,794
Jan-22	11 (6)	$867,505,495	$829,112,962	95.57%	$66,219,204	7.63%	$9,932,881
Feb-22	11 (6)	$679,374,197	$652,322,987	96.02%	$35,600,085	5.24%	$5,340,013
Mar-22	11 (7)	$971,278,389	$927,534,935	95.50%	$60,629,327	6.24%	$9,094,399
Apr-22	11 (7)	$839,386,882	$810,511,526	96.56%	$70,462,360	8.39%	$10,569,354
May-22	11 (7)	$764,591,576	$734,079,667	96.01%	$67,466,567	8.82%	$10,119,985
Jun-22	11 (7)	$628,459,523	$604,956,513	96.26%	$40,866,946	6.50%	$6,130,042
Jul-22	11 (7)	$516,414,719	$496,147,156	96.08%	$46,080,136	8.92%	$6,912,020
Aug-22	11 (7)	$564,837,410	$540,038,147	95.61%	$47,788,940	8.46%	$7,168,341
Sep-22	11 (7)	$831,805,960	$797,704,216	95.90%	$78,416,646	9.43%	$11,762,497
Oct-22	11 (7)	$1,029,560,184	$989,276,189	96.09%	$102,088,548	9.92%	$15,313,282
Nov-22	11 (7)	$1,029,519,265	$989,597,521	96.12%	$96,969,201	9.42%	$14,545,380
Dec-22	11 (7)	$1,028,471,256	990,965,304	96.35%	$82,403,727	8.01%	$11,534,968
Jan-23	12 (7)	$1,070,033,293	$1,033,364,498	96.57%	$96,011,984	8.97%	$14,401,798
Feb-23	12 (7)	$875,387,789	$847,357,096	96.80%	$68,423,067	7.82%	$10,263,460
Mar-23	12 (7)	$1,072,701,363	$1,037,709,907	96.74%	$97,159,642	9.06%	$14,573,946
Apr-23	12 (7)	$898,571,937	$869,644,932	96.78%	$89,516,011	9.96%	$13,427,402
May-23	12 (7)	$821,715,720	$797,640,859	97.07%	$89,047,614	10.84%	$13,357,142
Jun-23	12 (7)	$665,770,747	$647,721,255	97.29%	$54,669,872	8.21%	$8,200,481
Jul-23	12 (7)	$611,372,473	$595,019,127	97.33%	$60,411,925	9.88%	$9,061,789
TOTALS	12 (7)	$24,671,377,012	$23,712,502,468	96.11%	$2,000,799,228	8.11%	$299,294,294

Date legalized: June 28, 2019
Legal Illinois B&M sportsbooks first launched: March 9, 2020
Legal Illinois mobile sportsbooks first launched: June 18, 2020
Regulator: Illinois Gaming Board
Biggest monthly handle to date: $1,072,701,363 (Mar. ’23)
Biggest monthly gross revenue to date: $102,088,548 (Oct. ’22)
Number of B&M sportsbooks operating: 7
Number of horse racing tracks operating: 2 and 3 OTB sites
Number of online sportsbooks operating: 7
Leading sportsbooks (revenue and/or handle): DraftKings, FanDuel, BetRivers
Tax rate on sportsbook operators: 15%
Fun Fact: Illinois became the fourth state in the post-PASPA era to post a $1 billion monthly handle in October 2022 when it edged over the benchmark at nearly $1.03 billion.

Indiana sports betting totals

Indiana market snapshot

The first brick-and-mortar sportsbooks in Indiana launched shortly before the 2019 football season and online sportsbooks followed shortly thereafter. Betting handle has steadily increased each month following the resumption of sports post-COVID-19, and alongside it, as more sportsbooks came online, the percentage of legal wagers placed via mobile devices/online increased to roughly 90%. The Hoosier State is an open, competitive marketplace that we expect will continue to flourish.

Month	Number of Casinos (Number Online)	Total Handle	Mobile Handle Dollars	Mobile Handle Percentage	Sportsbook Revenue	Hold Percentage	State Taxes
Sep-19	14 (0 Mobile)	$35,215,416	$0.00	0.00%	$8,558,974	24.30%	$813,103
Oct-19	14 (3 Mobile)	$91,697,393	$48,014,320	52.36%	$11,538,533	12.58%	$1,096,160
Nov-19	15 (3 Mobile)	$147,276,915	$96,205,375	65.32%	$9,298,552	6.31%	$883,361
Dec-19	15 (4 Mobile)	$161,808,925	$110,574,677	68.34%	$11,989,909	7.41%	$1,139,041
Jan-20	15 (4 Mobile)	$170,813,254	$123,372,845	72.09%	$12,861,015	7.53%	$1,221,797
Feb-20	15 (5 Mobile)	$187,186,223	$145,893,333	77.94%	$11,092,752	5.90%	$1,053,811
Mar-20	15 (6 Mobile)	$74,818,802	$60,797,614	81.26%	$5,495,640	7.30%	$522,085
Apr-20	15 (7 Mobile)	$26,304,128	$26,304,128	100.00%	$1,559,884	5.93%	$148,189
May-20	15 (8 Mobile)	$37,334,940	$37,334,940	100.00%	$3,179,968	8.52%	$302,097
Jun-20	15 (8 Mobile)	$29,783,580	$29,149,096	97.87%	$2,922,108	9.81%	$277,601
Jul-20	15 (8 Mobile)	$70,474,221	$64,545,921	91.59%	$6,658,465	9.39%	$632,544
Aug-20	15 (8 Mobile)	$169,018,238	$143,900,567	85.14%	$9,834,881	5.82%	$934,314
Sept-20	15 (9 Mobile)	$207,450,106	$173,170,391	83.48%	$14,283,702	6.89%	$1,356,952
Oct-20	15 (10 Mobile)	$230,932,251	$193,031,440	83.59%	$21,098,460	9.14%	$2,004,354
Nov-20	15 (11 Mobile)	$251,403,994	$213,687,911	85.00%	$25,332,120	10.08%	$2,406,551
Dec-20	15 (11 Mobile)	$313,112,474	$263,072,905	84.02%	$24,306,695	7.76%	$2,309,136
Jan-21	15 (10 Mobile)	$348,244,676	$296,505,207	85.14%	$29,330,069	8.42%	$2,786,357
Feb-21	15 (10 Mobile)	$273,893,073	$241,027,557	88.00%	$16,955,904	6.19%	$1,610,811
Mar-21	15 (10 Mobile)	$316,717,762	$279,184,337	88.15%	$26,350,639	8.32%	$2,503,311
Apr-21	15 (10 Mobile)	$236,403,308	$209,070,980	88.44%	$20,079,106	8.49%	$1,907,522
May-21	15 (11 Mobile)	$254,445,226	$220,189,264	86.54%	$18,853,192	7.41%	$1,791,053
Jun-21	15 (12 Mobile)	$246,321,671	$218,409,663	88.67%	$25,464,800	10.34%	$2,419,156
Jul-21	15 (12 Mobile)	$194,492,669	$174,579,641	89.75%	$17,453,179	8.97%	$1,658,052
Aug-21	15 (12 Mobile)	$215,636,824	$195,239,189	90.54%	$16,537,681	7.67%	$1,571,080
Sep-21	15 (12 Mobile)	$355,425,184	$320,128,251	90.07%	$33,878,239	9.53%	$3,218,433
Oct-21	15 (12 Mobile)	$461,131,242	$411,944,583	89.33%	$27,683,035	6.00%	$2,629,888
Nov-21	15 (12 Mobile)	$463,684,739	$422,912,752	91.21%	$47,654,492	10.28%	$4,527,177
Dec-21	15 (12 Mobile)	$463,015,613	$422,809,536	91.32%	$25,772,428	5.57%	$2,448,381
Jan-22	15 (14 Mobile)	$500,138,648	$458,306,777	91.64%	$35,572,355	7.11%	$3,379,374
Feb-22	15 (14 Mobile)	$409,109,104	$380,485,197	95.45%	$16,958,339	4.15	$1,611,042
Mar-22	15 (14 Mobile)	$476,802,783	$439,486,732	92.17%	$32,375,331	6.79%	$3,066,156
Apr-22	15 (14 Mobile)	$360,023,255	$333,929,099	92.75%	$28,657,433	7.96%	$2,722,456
May-22	15 (12 Mobile)	$308,385,687	$284,814,741	92.36%	$30,659,025	9.94%	$2,912,607
Jun-22	15 (12 Mobile)	$256,307,260	$238,718,023	93.14%	$15,765,954	6.15%	$1,497,766
Jul-22	15 (12 Mobile)	$206,627,688	$193,446,322	93.62%	$20,888,412	10.11%	$1,984,399
Aug-22	15 (12 Mobile)	$237,990,176	$219,054,738	92.04%	$25,448,278	10.69%	$2,417,586
Sep-22	15 (14 Mobile)	$382,507,081	$352,527,702	92.16%	$51,173,154	13.38%	$4,861,450
Oct-22	15 (14 Mobile)	$446,248,394	$412,673,838	92.48%	$46,932,575	10.52%	$4,458,595
Nov-22	15 (14 Mobile)	$452,318,954	$415,752,954	91.92%	$39,971,908	8.84%	$3,797,331
Dec-22	15 (14 Mobile)	$431,423,176	$396,683,808	92.57%	$42,724,880	9.90%	$4,058,864
Jan-23	15 (14 Mobile)	$427,154,794	$397,881,607	93.15%	$36,458,332	8.54%	$3,463,542
Feb-23	15 (14 Mobile)	$356,187,759	$333,801,578	93.72%	$27,683,816	7.77%	$2,785,304
Mar-23	15 (14 Mobile)	$433,022,775	$404,044,441	93.31%	$42,842,572	9.89%	$4,070,044
Apr-23	15 (14 Mobile)	$321,404,737	$303,450,748	94.41%	$29,413,465	9.15%	$2,794,279
May-23	15 (14 Mobile)	$283,436,395	$268,296,116	94.66%	$33,778,063	11.92%	$3,208,915
Jun-23	15 (14 Mobile)	$224,070,051	$212,794,438	94.97%	$19,455,469	8.68%	$1,848,270
Jul-23	15 (12 Mobile)	$203,788,074	$193,089,884	94.75%	$23,257,765	11.41%	$2,209,488
Aug-23	15 (12 Mobile)	$238,079,855	$223,753,624	93.98%	$23,539,784	9.89%	$2,236,280
Totals:	15 (12 Mobile)	$12,989,069,493	$11,614,048,790	89.41%	$1,109,481,332	8.54%	$105,556,075

Date legalized: May 8, 2019
Legal Indiana B&M sportsbooks first launched: Sept. 1, 2019
Legal Indiana mobile sportsbooks first launched: Oct. 3, 2019
Regulator: Indiana Gaming Commission
Biggest monthly handle to date: $500,138,648 (Jan. ’22)
Biggest monthly gross revenue to date: $51,173,154 (Sep. ’22)
Number of B&M sportsbooks operating: 11, plus 2 racetracks and 3 OTBs
Number of online sportsbooks operating: 14
Leading sportsbooks (revenue and/or handle): DraftKings, FanDuel Sportsbook
Tax rate on sportsbook operators: 9.5% for both.

Iowa sports betting totals

Iowa market snapshot

Iowa was one of fastest moving states from legalization to launch, needing only three months. State sportsbooks launched retail and mobile on the same day. With the turning of the calendar to 2021, bettors in Iowa had remote registration available to open a mobile sports wagering account as the in-person provision expired at the end of 2020. Since the COVID-19 pandemic has subsided, Iowa’s handle has grown steadily. The Hawkeye State topped $250 million for the first time in October 2021.

Month	Number of Casinos (Number Online)	Total Handle	Mobile Handle	Mobile Handle Percentage	Sportsbook Revenue	Hold Percentage	State Taxes
Aug-19	13 (7 Mobile)	$8,576,341	$3,670,446	42.80%	$2,161,807	25.21%	$145,915
Sep-19	15 (7 Mobile)	$38,545,352	$21,810,316	56.58%	$4,959,745	12.87%	$334,780
Oct-19	18 (7 Mobile)	$46,500,331	$25,923,748	55.75%	$5,658,131	12.17%	$381,379
Nov-19	18 (9 Mobile)	$59,344,806	$33,665,752	56.73%	$3,599,750	6.07%	$242,903
Dec-19	19 (10 Mobile)	$59,258,838	$33,450,318	56.45%	$2,904,257	4.90%	$198,872
Jan-20	19 (10 Mobile)	$58,027,141	$33,846,095	58.30%	$3,234,794	5.50%	$223,571
Feb-20	19 (10 Mobile)	$56,920,783	$37,786,872	66.30%	$755,334	1.30%	$97,962
Mar-20	19 (10 Mobile)	$19,576,985	$13,316,068	68.00%	$1,171,164	5.90%	$79,171
Apr-20	19 (12 Mobile)	$1,568,497	$1,568,497	100.00%	$150,331	9.60%	$9,502
May-20	19 (13 Mobile)	$6,976,637	$6,976,637	100.00%	$501,062	7.18%	$32,111
June-20	19 (13 Mobile)	$12,711,201	$11,581,727	91.11%	$620,740	4.88%	$42,033
July-20	19 (13 Mobile)	$22,859,622	$17,770,140	77.74%	$2,244,012	9.82%	$151,919
Aug-20	19 (13 Mobile)	$50,313,674	$34,993,351	69.55%	$3,003,945	5.97%	$202,316
Sep-20	19 (13 Mobile)	$72,397,241	$50,010,623	69.07%	$5,167,819	7.14%	$348,828
Oct-20	19 (17 Mobile)	$81,902,416	$56,886,207	69.46%	$9,098,995	11.11%	$612,967
Nov-20	19 (17 Mobile)	$87,169,919	$62,409,860	71.60%	$8,144,096	9.34%	$549,726
Dec-20	19 (17 Mobile)	$104,815,630	$78,074,462	74.49%	$7,537,004	7.19%	$508,748
Jan-21	19 (17 Mobile)	$149,524,789	$120,760,377	80.76%	$11,343,303	7.59%	$765,673
Feb-21	19 (17 Mobile)	$143,615,170	$125,218,447	87.19%	$7,708,148	5.37%	$520,444
Mar-21	19 (18 Mobile)	$161,439,561	$139,389,146	86.34%	$13,454,158	8.33%	$908,011
Apr-21	19 (18 Mobile)	$118,355,535	$104,514,350	88.31%	$7,725,272	6.53%	$521,455
May-21	19 (18 Mobile)	$114,882,963	$99,916,367	86.97%	$6,133,477	5.34%	$414,175
Jun-21	19 (18 Mobile)	$111,176,671	$95,130,929	85.57%	$8,424,699	7.58%	$568,502
Jul-21	19 (18 Mobile)	$88,936,377	$77,923,573	87.62%	$7,097,826	7.98%	$479,479
Aug-21	19 (18 Mobile)	$108,417,527	$96,067,271	88.61%	$6,604,647	6.09%	$486,608
Sep-21	19 (18 Mobile)	$210,434,587	$186,544,044	88.65%	$5,716,038	2.72%	$512,951
Oct-21	19 (18 Mobile)	$280,899,986	$249,911,710	88.97%	$6,556,218	2.33%	$514,642
Nov-21	19 (18 Mobile)	$287,247,116	$260,368,272	90.64%	$19,746,266	6.87%	$2,063,733
Dec-21	19 (18 Mobile)	$266,518,049	$241,711,916	90.69%	$13,371,197	5.02%	$957,637
Jan-22	19 (18 Mobile)	$303,327,688	$275,864,329	90.95%	$14,269,557	4.70%	$964,525
Feb-22	19 (18 Mobile)	$215,921,313	$195,001,068	90.31%	$8,579,100	3.97%	$593,540
Mar-22	19 (18 Mobile)	$233,525,475	$208,269,565	89.15%	$14,411,046	6.17%	$972,991
Apr-22	19 (18 Mobile)	$177,370,317	$161,420,797	91.01%	$12,398,243	6.99%	$838,174
May-22	19 (18 Mobile)	$147,913,284	$134,345,354	90.83%	$12,630,387	8.54%	$850,598
Jun-22	19 (18 Mobile)	$122,437,950	$111,903,634	91.40%	$6,568,678	5.36%	$446,594
Jul-22	19 (17 Mobile)	$108,556,796	$98,363,764	90.61%	$11,173,191	10.29%	$754,292
Aug-22	19 (17 Mobile)	$122,568,313	$110,106,476	89.83%	$14,418,923	11.76%	$969,968
Sep-22	19 (18 Mobile)	$200,230,741	$177,584,794	88.69%	$25,417,557	12.69%	$1,716,452
Oct-22	19 (18 Mobile)	$238,788,234	$212,784,285	89.11%	$19,137,523	8.01%	$1,293,702
Nov-22	19 (17 Mobile)	$247,476,284	$223,487,883	90.31%	$5,802,261	2.34%	$1,596,412
Dec-22	18 (17 Mobile)	$229,949,570	$206,925,023	89.99%	$20,745,524	9.02%	$1,351,997
Jan-23	18 (18 Mobile)	$233,619,612	$207,674,196	88.89%	$16,543,361	7.08%	$1,081,365
Feb-23	18 (18 Mobile)	$193,879,638	$176,196,513	90.88%	$11,871,156	6.12%	$789,626
Mar-23	18 (18 Mobile)	$232,614,150	$208,995,594	89.85%	$19,857,210	8.54%	$1,296,262
Apr-23	19 (18 Mobile)	$172,589,394	$157,530,402	91.27%	$14,117,868	8.18%	$958,605
May-23	19 (18 Mobile)	$147,715,126	$135,181,455	91.51%	$16,599,871	11.24%	$1,060,059
Jun-23	19 (19 Mobile)	$115,595,593	$105,728,089	91.46%	$7,131,173	6.17%	$570,976
Jul-23	19 (19 Mobile)	$109,680,895	$101,297,786	92.36%	$10,568,989	9.64%	$713,772
Aug-23	19 (19 Mobile)	$141,295,039	$131,920,797	93.37%	$13,507,280	9.56%	$911,670
TOTALS	19 (19 Mobile)	$6,523,969,157	$5,661,779,326	86.78%	$450,543,133	6.91%	$32,607,593

Date legalized: May 13, 2019
Iowa legal B&M sportsbooks first launched: Aug. 15, 2019
Iowa legal online/mobile sportsbooks first launched: Aug. 15, 2019
Regulator: Iowa Racing and Gaming Commission
Biggest monthly handle to date: $303,327,688 (Jan. ’22)
Biggest monthly gross revenue to date: $25,417,557 (Sep. ’22)
Number of brick-and-mortar sportsbooks operating: 18
Number of online sportsbooks operating: 18
Leading sportsbooks (revenue and/or handle): DraftKings (mobile); Diamond Jo Worth (retail)
Tax rate on sportsbook operators: 6.75% on gross revenue

Kansas sports betting totals

Kansas market snapshot

The Sunflower State blazed one of the fastest trails in the nation from governor’s signature to taking wagers, with Gov. Laura Kelly signing SB 84 into law on May 12, the law taking effect July 1, and Kansas opening for sports betting business Sep. 1. There will be a maximum of 12 mobile operators in Kansas, with each retail venue allowed three online skins. Six operators were on the starting line Sept. 1, with Kansas Crossing Casino already maxing out its allotment of skins. Boot Hill Casino, Kansas Star Casino, and Hollywood Casino Kansas all currently have one mobile skin to offer Kansas residents and the opportunity to offer more for interested operators. The Sunflower State came out of the gate fast with an initial handle of $160 million as operators aggressively sought an early foothold in the Midwestern state via promotional play.

Month	Number of Venues/Mobile Operators	Handle	Gross Revenue	Gross Revenue Win Rate	Adjusted Revenue	Adjusted Revenue Win Rate	Taxes
Sep-22	4 (6)	$160,527,386	$22,014,698	13.71%	($12,752,714)	(7.94%)	$129,617
Oct-22	4 (6)	$189,919,311	$18,582,842	9.78%	$9,205,248	4.85%	$141,088
Nov-22	4 (6)	$186,353,708	$19,073,128	10.23%	$12,206,457	6.55%	$795,784
Dec-22	4 (6)	$181,977,180	$16,835,233	9.25%	$10,305,912	5.66%	$1,026,140
Jan-23	4 (6)	$206,060,734	$15,105,189	7.33%	$5,991,876	2.91%	$598,745
Feb-23	4 (6)	$194,034,469	($845,377)	(0.44%)	($7,945,175)	(4.09%)	$1,134
Mar-23	4 (6)	$206,287,094	$20,975,191	10.17%	$9,113,472	4.42%	$911,159
Apr-23	4 (6)	$132,981,289	$14,636,899	11.01%	$9,197,202	6.92%	$919,720
May-23	4 (6)	$120,323,444	$14,550,824	12.09%	$8,873,901	7.38%	$887,390
Jun-23	4 (6)	$98,125,865	$8,195,048	8.35%	$4,094,258	4.17%	$409,425
Jul-23	4 (6)	$79,715,016	$9,644,263	12.10%	$6,831,761	8.57%	$683,176
Aug-23	4 (6)	$94,415,479	$7,662,828	8.12%	$4,843,673	5.13%	$484,366
TOTALS	4 (6)	$1,850,720,975	$166,430,766	8.99%	$59,965,871	3.24%	$6,987,744

Date legalized: May 11, 2022.
Kansas legal B&M sportsbooks first launched: Sep. 1, 2022
Kansas legal online/mobile sportsbooks first launched: Sep. 1, 2022
Regulator: Kansas Lottery
Biggest monthly handle to date: $206,287,094 (Mar. ’23)
Biggest monthly gross revenue to date: $22,014,698 (Sep. ’22)
Number of brick-and-mortar sportsbooks operating: 4
Number of online sportsbooks operating: 6
Leading sportsbooks (revenue and/or handle): DraftKings, FanDuel, BetMGM, Barstool Sportsbook
Tax rate on sportsbook operators: 10% on adjusted gross revenue
Fun Fact: Kansas sportsbook operators finished with a net loss of $845,377 in gross revenue in February 2023 thanks in large part to the Kansas City Chiefs winning Super Bowl LVII.

Louisiana sports betting totals

Louisiana market snapshot

Louisiana was able to launch retail sports betting within one calendar year after voters approved it on a parish-by-parish basis in a November 2020 referendum. Overall, 55 of the state’s 64 parishes approved sports wagering, and thanks to geofencing technology, mobile wagering will be able to be conducted where approved. Hurricane Ida, however, slowed the path for launching mobile wagering as the Louisiana State Patrol is in charge of the vetting process for operator applications. The Pelican State finally managed to roll out mobile sports betting on January 28, 2022 with nationwide leaders such as FanDuel, DraftKings, Caesars, and BetMGM getting the party started. The state is now home to seven different mobile sportsbooks and should continue to carve out its digital gambling community as time progresses. Each of the state’s 20 casinos/racinos can operate up to two mobile sportsbook brands apiece under their licenses, opening the possibility for up to 40 brands to eventually launch in Louisiana!

Month	Casinos (Online)	Handle	Mobile Handle	Gross Sportsbook Revenue	Gross Win Rate	Adjusted Sportsbook Revenue	Adjusted Win Rate	Taxes
Nov-21	8 (0)	$27,639,592	$0	$5,685,706	20.57%	$5,685,706	20.57%	$568,571
Dec-21	11 (0)	$39,495,003	$0	$4,380,930	11.09%	$4,380,930	11.09%	$438,093
Jan-22	13 (6)	$89,732,385	$40,459,715	$8,019,815	8.94%	($3,666,072)	-4.09%	$533,289
Feb-22	13 (6)	$238,413,596	$211,015,085	$26,673,756	11.19%	$16,652,028	6.98%	$2,421,487
Mar-22	15 (7)	$232,730,341	$205,745,956	$30,943,063	13.30%	$30,140,818	12.95%	$3,413,595
Apr-22	15 (7)	$208,255,060	$186,044,928	$6,140,843	2.95%	$5,607,428	2.69%	$2,370,932
May-22	16 (7)	$171,135,819	$142,641,507	$25,691,602	15.01%	$25,327,007	14.80%	$2,725,138
Jun-22	16 (7)	$132,438,215	$113,730,731	$10,891,261	8.22%	$10,694,279	8.07%	$1,424,413
Jul-22	17 (7)	$118,329,243	$103,342,337	$20,729,894	17.52%	$20,598,283	17.41%	$2,447,185
Aug-22	17 (7)	$128,251,857	$112,051,469	$9,713,993	7.57%	$9,460,039	7.38%	$1,774,343
Sep-22	17 (8)	$207,501,595	$175,979,484	$32,263,110	15.55%	$31,894,674	15.37%	$3,870,435
Oct-22	17 (8)	$255,528,321	$219,040,606	$30,694,282	12.01%	$30,243,842	11.84%	$4,305,414
Nov-22	17 (8)	$268,638,967	$233,703,879	($25,323,354)	(9.43%)	($25,622,399)	(9.54%)	$4,244,196
Dec-22	18 (8)	$254,280,111	$218,701,200	$37,228,918	14.64%	$36,961,082	14.54%	$4,356,928
Jan-23	18 (8)	$282,269,901	$245,235,035	$35,732,168	12.66%	$28,004,732	9.92%	$3,320,238
Feb-23	18 (8)	$197,709,561	$175,738,465	$23,295,088	11.78%	$19,244,557	9.73%	$2,544,605
Mar-23	18 (8)	$249,279,453	$223,120,918	$32,318,327	12.96%	$29,766,267	11.94%	$3,281,387
Apr-23	18 (8)	$209,746,932	$190,075,189	$23,415,200	11.16%	$22,176,065	10.57%	$2,945,211
May-23	18 (8)	$193,587,784	$177,834,173	$29,622,000	15.30%	$28,265,818	14.60%	$3,555,501
Jun-23	18 (8)	$160,083,233	$145,716,595	$13,621,060	8.51%	$12,497,192	7.81%	$2,093,759
Jul-23	18 (8)	$134,757,491	$122,520,979	$18,282,477	13.57%	$17,596,675	13.06%	$2,185,154
TOTALS	18 (8)	$3,799,804,460	$3,242,698,251	$400,020,139	10.53%	$355,908,951	9.37%	$55,128,337

Date legalized: November 2020
Louisiana legal B&M sportsbooks first launched: Oct. 30, 2021
Louisiana online/mobile sportsbooks first launched: Jan. 28, 2022
Regulator: Louisiana Gaming Control Board
Biggest monthly handle to date: $282,269,901 (Jan. ’23)
Biggest monthly gross revenue to date: $37,228,918 (Dec. ’22)
Number of brick-and-mortar sportsbooks operating: 18
Number of online sportsbooks operating: 8
Leading sportsbooks (revenue and/or handle): Caesars, DraftKings, and FanDuel
Tax rate on sportsbook operators: 10% on gross revenue
Fun Fact: Louisiana has the largest single-month loss in the post-PASPA era in November 2022 at minus-$25.3 million after Jim “Mattress Mack” McIngvale collected more than $58 million in total winnings picking the Houston Astros to win the World Series with six $1 million bets placed at three different sportsbooks.

Maryland sports betting totals

Maryland market snapshot

Maryland voters legalized sports betting via referendum on a simple “yes” or “no” question in November 2020, and Gov. Larry Hogan signed a sports betting measure into law in May 2021. While there have been fits and starts moving forward, retail sports wagering did launch before the end of the calendar year in early December 2021. That will be the lone source of wagering for much of 2022 as the regulatory progress for mobile wagering is going at a much slower rate than retail. There is plenty of appetite for wagering as the law allows for up to 60 sportsbook licenses in Maryland, with a focus on “lens of inclusion” offering opportunities for women-owned and minority-owned sportsbooks to enter the marketplace. There are 13 entities that will be able to offer a mobile sports betting skin with their license, including the Baltimore Ravens, Baltimore Orioles, and Washington Commanders, and there will be incentive to get them up and running quickly considering the Old Line State is surrounded by states and jurisdictions already offering sports betting in Virginia, Pennsylvania, Delaware, and West Virginia.

Month	Number of Casinos (Online)	Handle	Mobile Handle	Gross Revenue	Gross Revenue Win Rate	Adjusted Revenue	Adjusted Revenue Win Rate	Taxes
Dec-21	5 (0)	$16,552,430		$3,170,000	19.15%	$3,128,660	18.90%	$469,297
Jan-22	5 (0)	$32,530,831		$4,375,316	13.45%	$4,293,989	13.20%	$644,098
Feb-22	5 (0)	$25,526,147		$955,377	3.74%	$893,710	3.50%	$134,628
Mar-22	5 (0)	$31,025,892		$3,927,573	12.66%	$3,846,791	12.40%	$577,019
Apr-22	5 (0)	$26,908,845		$2,838,501	10.55%	$2,772,004	10.30%	$415,801
May-22	5 (0)	$23,095,542		$3,077,031	13.32%	$3,019,311	13.07%	$452,897
Jun-22	5 (0)	$19,121,331		$1,309,834	6.85%	$1,262,156	6.60%	$189,323
Jul-22	6 (0)	$15,492,757		$2,026,548	13.08%	$1,987,849	12.83%	$298,177
Aug-22	7 (0)	$18,650,802		$3,231,851	17.33%	$3,185,601	17.08%	$477,840
Sep-22	7 (0)	$31,376,072		$6,639,776	21.16%	$6,562,053	20.91%	$984,308
Oct-22	8 (0)	$39,663,586		$5,309,436	13.39%	$5,210,947	13.14%	$781,642
Nov-22	9 (7)	$219,071,374	$186,084,496	$30,620,539	13.98%	($33,607,083)	(15.34%)	$704,728
Dec-22	9 (7)	$497,121,656	$478,270,326	$85,168,804	17.13%	$12,967,370	2.61%	$440,043
Jan-23	10 (7)	$441,481,779	$422,657,954	$59,601,405	13.50%	$14,097,423	3.19%	$2,114,613
Feb-23	10 (8)	$339,421,456	$325,078,708	$40,214,645	11.85%	$18,645,869	5.49%	$2,796,880
Mar-23	10 (8)	$385,967,195	$370,290,622	$47,548,313	12.32%	$35,400,380	9.17%	$5,310,057
Apr-23	10 (9)	$328,454,397	$313,472,676	$35,644,586	10.85%	$25,764,571	7.84%	$3,864,686
May-23	10 (10)	$320,199,671	$305,063,591	$42,742,217	13.35%	$31,004,743	9.68%	$4,650,711
Jun-23	10 (10)	$254,476,790	$243,817,173	$27,077,118	10.64%	$18,900,337	7.43%	$2,835,051
Jul-23	10 (11)	$247,412,348	$237,525,908	$28,114,521	11.36%	$22,084,219	8.93%	$3,312,633
Aug-23	12 (12)	$263,729,559	$250,360,244	$24,900,637	9.44%	$17,037,804	6.46%	$2,555,671
Totals:	12 (12)	$3,577,280,460	$23,132,621,698	$458,494,028	12.82%	$198,458,704	5.55%	$34,010,103

Date legalized: November 2020
Maryland legal B&M sportsbooks first launched: Dec. 9, 2021
Maryland online/mobile sportsbooks first launched: Nov. 23, 2022
Regulator: Maryland Lottery and Gaming
Biggest monthly handle to date: $497,121,656 (Dec. ’22)
Biggest monthly gross revenue to date: $85,168,804 (Dec. ’22)
Number of brick-and-mortar sportsbooks operating: 10
Number of online sportsbooks operating: 7
Leading sportsbooks (revenue and/or handle): FanDuel, BetMGM, Caesars
Tax rate on sportsbook operators: 15% on adjusted revenue

Massachusetts sports betting totals

Massachusetts market snapshot

Sports betting finally launched in the Bay State on Jan. 31 at Encore Boston Harbor, MGM Springfield, and Plainridge Park, bringing a happy ending to a multi-year process of fits and starts and near-stalls in state legislature. Mobile betting was not far behind, with six mobile platforms accepting their first bets March 10 — during the hight of college basketball conference tournament play and six days before the state of the real March Madness — the NCAA Tournament. The tax rates are 15% for retail sportsbook revenue and 20% for online operator revenue. There is a carveout for college wagering that prohibits placing bets on regular-season games involvng in-state schools, which eliminates wagering on the likes of Boston College, Harvard, UMass, Northeastern, and Boston University, BUT bettors can place wagers on them for tournament games, including the NCAA Tournament.

Date legalized: Aug. 1, 2022.
Massachusetts legal retail sportsbooks first launched: Jan. 31, 2023
Massachusetts legal mobile sportsbooks first launched: March 10, 2023
Regulator: Massachusetts Gaming Commission
Biggest monthly handle to date: $579,262,823 (Apr. ’23)
Biggest monthly gross revenue to date: $62,073,252 (May ’23)
Number of brick-and-mortar sportsbooks operating: 3
Number of online sportsbooks operating: 8 (Barstool, BetMGM, Caesars, DraftKings, FanDuel, WynnBET, Betr, Fanatics)
Tax rate on sportsbook operators: 15% on retail sportsbook revenue; 20% on online sportsbook revenue

Month	Number of Casinos (Online Operators)	Handle	Mobile Handle	Gross Sportsbook Revenue	Gross Win Rate	Adjusted Sportsbook Revenue	Adjusted Win Rate	Taxes
Jan-23	3 (0)	$510,948	N/A	($7,248)	-1.42%	($8,523)	-1.67%	$9,861
Feb-23	3 (0)	$25,726,635	N/A	$2,072,672	8.06%	$2,010,224	7.81%	$301,534
Mar-23	3 (6)	$568,091,233	$548,102,467	$48,289,185	8.50%	$47,060,911	8.28%	$9,339,417
Apr-23	3 (6)	$579,262,823	$566,236,867	$60,301,564	10.41%	$58,912,777	10.17%	$11,799,200
May-23	3 (8)	$454,965,416	$443,559,715	$62,073,252	13.64%	$60,970,669	13.40%	$12,120,399
Jun-23	3 (8)	$332,028,172	$323,510,971	$33,000,352	9.94%	$32,204,595	9.70%	$6,433,223
Jul-23	3 (8)	$294,924,777	$288,119,407	$30,132,777	10.22%	$29,409,053	9.97%	$5,812,041
Aug-23	3 (8)	$314,923,842	$307,246,294	$23,485,442	7.46%	$22,708,940	7.21%	$4,542,588
TOTALS	3 (8)	$2,570,433,846	$2,476,775,723	$259,347,996	10.09%	$253,268,646	9.85%	$50,358,263

Michigan sports betting totals

Michigan market snapshot

Sports betting is now legal in the great state of Michigan. After a surprising veto by outgoing Governor Rick Snyder in December 2018 of a bill that had bipartisan support, lawmakers were able to seal the deal with Snyder’s successor Gretchen Whitmer in December 2019. Sports betting is allowed at all three of Detroit’s commercial casinos, and legislators were able to work in tandem with tribes across the Great Lakes State as well. In total, 20 of the state’s 26 casinos now offer retail sports betting in some form. A little less than one year after its retail sports betting debut, the Wolverine State launched online sports wagering en masse on January 22, 2021.

Month	Number of Casinos (Number Online)	Total Handle	Mobile Handle	Mobile Handle Percentage	Gross Sportsbook Revenue	Gross Win Rate	Adjusted Sportsbook Revenue	Adjusted Win Rate	State Taxes
Mar-20	3 (0)	$593,956	$0	0.00%	$105,548	17.77%	$105,548	17.77%	$3,990
Apr-20	3 (0)	-		-		-	-		-
May-20	3 (0)	-		-		-	-		-
June-20	3 (0)	-		-		-	-		-
July-20	3 (0)	-		-		-	-		-
Aug-20	3 (0)	$15,774,256	$0	0.00%	$1,977,052	12.56%	$1,977,052	12.56%	$74,733
Sep-20	3 (0)	$33,503,929	$0	0.00%	$4,376,407	13.06%	$4,376,407	13.06%	$165,428
Oct-20	3 (0)	$46,120,824	$0	0.00%	$7,596,972	16.47%	$7,596,972	16.47%	$287,166
Nov-20	3 (0)	$25,080,140	$0	0.00%	$2,337,638	9.32%	$2,337,638	9.32%	$88,363
Dec-20	3 (0)	$9,720,393	$0	0.00%	$1,883,240	19.37%	$1,883,240	19.37%	$71,186
Jan-21	3 (11)	$150,849,896	$115,165,702	76.34%	$17,423,561	11.55%	($1,125,806)	-0.75%	$265,282
Feb-21	3 (12)	$325,569,037	$301,857,054	92.72%	$29,642,991	9.10%	$9,395,292	2.89%	$146,580
Mar-21	3 (12)	$383,681,892	$359,450,162	93.68%	$35,240,684	9.18%	$21,951,244	5.72%	$648,202
Apr-21	3 (12)	$274,212,630	$249,874,948	91.12%	$21,922,961	7.99%	$12,424,095	4.53%	$371,132
May-21	3 (12)	$257,748,035	$237,551,158	92.16%	$21,208,009	8.23%	$11,624,972	4.51%	$681,249
Jun-21	3 (13)	$259,504,203	$235,125,335	90.61%	$27,244,793	10.50%	$19,055,771	7.34%	$1,014,359
Jul-21	3 (14)	$206,277,088	$187,994,305	91.14%	$20,766,255	10.07%	$13,632,049	6.61%	$808,027
Aug-21	3 (14)	$208,565,955	$192,277,785	92.19%	$17,536,274	8.41%	$9,207,392	4.41%	$603,076
Sep-21	3 (14)	$386,780,231	$354,251,744	91.59%	$27,135,351	7.02%	$3,479,962	0.90%	$557,758
Oct-21	3 (14)	$497,565,425	$463,344,087	93.12%	$26,947,290	8.31%	$7,334,273	3.63%	$652,884
Nov-21	3 (14)	$500,521,376	$473,827,491	94.67%	$58,762,385	11.74%	$38,786,714	7.75%	$1,766,660
Dec-21	3 (14)	$514,630,536	$484,558,594	94.16%	$35,920,226	6.98%	$12,094,120	2.35%	$785,564
Jan-22	3 (14)	$532,681,709	$496,816,569	93.27%	$36,647,757	8.57%	$21,101,770	3.98%	$1,449,737
Feb-22	3 (14)	$423,768,381	$398,394,907	94.01%	$21,633,471	5.11%	($4,821,691)	-1.14%	$360,354
Mar-22	3 (14)	$477,967,948	$451,612,644	94.49%	$32,445,133	6.79%	$16,591,772	3.47%	$878,225
Apr-22	3 (15)	$396,009,789	$371,224,133	93.74%	$32,630,491	8.24%	$18,568,948	4.69%	$1,014,720
May-22	3 (15)	$356,130,390	$333,363,114	93.61%	$35,920,231	10.09%	$24,843,401	6.98%	$1,187,883
Jun-22	3 (15)	$292,389,430	$270,010,893	92.35%	$15,826,610	5.41%	$5,484,646	1.88%	$346,756
Jul-22	3 (15)	$224,966,257	$206,105,498	91.62%	$22,874,562	10.17%	$15,294,710	6.80%	$862,970
Aug-22	3 (15)	$229,797,027	$218,793,725	95.21%	$25,493,246	11.09%	$17,760,899	7.73%	$1,052,478
Sep-22	3 (15)	$383,102,604	$364,522,167	95.15%	$50,450,674	13.17%	$29,785,680	7.77%	$1,721,885
Oct-22	3 (15)	$504,336,507	$480,793,043	95.33%	$51,362,299	10.18%	$33,882,309	6.72%	$2,022,618
Nov-22	3 (15)	$498,118,043	$479,981,074	96.36%	$42,758,230	8.58%	$27,521,779	5.53%	$1,644,327
Dec-22	3 (15)	$494,820,409	$478,738,017	96.75%	$50,450,734	10.16%	$32,392,248	6.55%	$1,943,936
Jan-23	3 (15)	$490,904,822	$475,627,139	96.89%	$33,785,629	6.88%	$17,845,165	3.64%	$1,182,537
Feb-23	3 (15)	$357,161,200	$344,942,386	96.58%	$23,134,729	6.48%	$8,911,555	2.50%	$600,604
Mar-23	3 (15)	$421,666,037	$407,727,854	96.69%	$46,016,812	10.91%	$32,857,411	7.79%	$1,969,024
Apr-23	3 (15)	$338,127,854	$322,821,968	95.47%	$36,275,215	10.73%	$24,636,287	7.29%	$1,698,048
May-23	3 (15)	$305,275,755	$288,339,700	94.45%	$36,125,966	11.83%	$22,906,428	7.50%	$1,468,436
Jun-23	3 (15)	$235,996,767	$227,895,436	96.57%	$17,928,415	7.60%	$8,840,545	3.75%	$557,466
Jul-23	3 (15)	$208,808,123	$200,844,525	96.19%	$22,985,441	11.01%	$16,870,314	8.08%	$1,113,274
Aug-23	3 (14)	$228,495,764	$218,460,119	95.61%	$23,480,419	10.28%	$16,217,613	7.10%	$1,089,345
Totals	3 (14)	$11,497,194,618	$10,692,293,276	93.00%	$1,016,253,701	8.84%	$563,739,747	4.90%	$33,156,262

Note: Numbers for March 2020 represent a limited number of days. MGM Grand Detroit and Greektown began accepting RSB wagers on 3/11/2020 at 1:00 pm, and MotorCity on 3/12/2020 at 10:00 am. Operations then stopped due to the COVID-19 pandemic.

Date legalized: Dec. 13, 2019.
Michigan legal retail sportsbooks first launched: March 11, 2020
Michigan legal mobile sportsbooks first launched: Jan. 22, 2021
Regulator: Michigan Gaming Control Board
Biggest monthly handle to date: $532,681,709 (Jan. ’22)
Biggest monthly gross revenue to date: $58,762,385 (Nov. ’21)
Number of brick-and-mortar sportsbooks operating: 20
Number of online sportsbooks operating: 15
Tax rate on sportsbook operators: 3.78% on gross revenue

Mississippi sports betting totals

Mississippi market snapshot

Mississippi was one of a handful of states able to offer legal sports betting without passing new legislation, having preemptively legalized in 2019, contingent upon federal law changing (which it did). The state’s gaming commission oversees commercial casinos, and there are also a handful of tribal venues. But Mississippi is viewed in the industry as a somewhat untapped market — statewide mobile isn’t legal, so betting is limited to on-site only.

Month	Number of Regions	Total Handle	Sportsbook Revenue	Hold Percentage	State Taxes
Aug-18	(3 Regions)	$6,270,152	$645,057	10.29%	$77,407
Sep-18	(3 Regions)	$31,770,270	$5,503,793	17.32%	$660,455
Oct-18	(3 Regions)	$32,837,334	$1,178,343	3.59%	$141,401
Nov-18	(3 Regions)	$44,499,883	$1,674,250	3.76%	$200,910
Dec-18	(3 Regions)	$41,762,048	$6,174,224	14.78%	$740,907
Jan-19	(3 Regions)	$35,190,774	$2,793,238	7.94%	$335,189
Feb-19	(3 Regions)	$25,148,135	$2,756,439	10.96%	$330,773
Mar-19	(3 Regions)	$32,421,264	$4,898,726	15.11%	$587,847
Apr-19	(3 Regions)	$19,188,763	$2,057,834	10.72%	$246,940
May-19	(3 Regions)	$17,438,288	$1,191,967	6.84%	$143,036
Jun-19	(3 Regions)	$15,190,666	$1,625,113	10.70%	$195,014
Jul-19	(3 Regions)	$13,383,383	$1,053,776	7.87%	$126,453
Aug-19	(3 Regions)	$19,876,370	$2,884,348	14.51%	$346,122
Sep-19	(3 Regions)	$37,870,989	$5,631,583	14.87%	$675,790
Oct-19	(3 Regions)	$48,019,481	$12,295,357	25.60%	$1,475,443
Nov-19	(3 Regions)	$56,369,036	$3,784,071	6.71%	$454,089
Dec-19	(3 Regions)	$49,076,433	$3,478,919	7.09%	$417,470
Jan-20	(3 Regions)	$45,190,371	$4,637,966	10.26%	$556,555
Feb-20	(3 Regions)	$34,462,822	$2,105,780	6.11%	$252,694
Mar-20	(3 Regions)	$10,749,403	$648,647	6.03%	$77,838
April-20	(3 Regions)	$0	$0.00	0.00%	$0
May-20	(3 Regions)	$236,503	$87,697	37.08%	$10,524
June-20	(3 Regions)	$1,575,858	($62,230)	-3.95%	$0
July-20	(3 Regions)	$7,916,669	$1,335,763	16.87%	$160,292
Aug-20	(3 Regions)	$40,489,135	$3,748,732	9.26%	$449,848
Sep-20	(3 Regions)	$52,220,289	$6,598,931	12.64%	$791,872
Oct-20	(3 Regions)	$61,192,425	$8,769,600	14.33%	$1,052,352
Nov-20	(3 Regions)	$54,443,370	$8,108,102	14.89%	$972,972
Dec-20	(3 Regions)	$55,298,807	$7,762,542	14.04%	$931,505
Jan-21	(3 Regions)	$67,707,628	$9,114,483	13.46%	$1,093,738
Feb-21	(3 Regions)	$47,807,574	$4,606,840	9.64%	$552,821
Mar-21	(3 Regions)	$50,546,886	$5,237,031	10.36%	$628,444
Apr-21	(3 Regions)	$32,917,836	$4,300,968	13.07%	$516,116
May-21	(3 Regions)	$36,125,896	$3,888,299	10.76%	$466,596
Jun-21	(3 Regions)	$43,099,180	$3,194,317	7.41%	$383,318
Jul-21	(3 Regions)	$30,659,426	$2,887,695	9.42%	$346,523
Aug-21	(3 Regions)	$21,436,948	$1,886,405	8.80%	$226,369
Sep-21	(3 Regions)	$54,835,753	$8,846,121	16.13%	$1,061,535
Oct-21	(3 Regions)	$83,527,015	$9,146,353	10.95%	$1,097,562
Nov-21	(3 Regions)	$60,582,141	$9,520,846	15.72%	$1,142,502
Dec-21	(3 Regions)	$56,839,743	$3,238,730	5.70%	$388,648
Jan-22	(3 Regions)	$66,253,295	$6,521,389	9.84%	$782,567
Feb-22	(3 Regions)	$40,871,618	$1,887,995	4.62%	$226,559
Mar-22	(3 Regions)	$47,889,213	$4,042,432	8.44%	$485,092
Apr-22	(3 Regions)	$35,503,585	$4,209,290	11.86%	$505,114
May-22	(3 Regions)	$29,233,786	$4,006,359	13.70%	$480,763
Jun-22	(3 Regions)	$25,096,238	$2,082,091	8.30%	$249,851
Jul-22	(3 Regions)	$18,296,341	$2,527,212	13.81%	$303,265
Aug-22	(3 Regions)	$21,234,898	$2,687,465	12.66%	$322,496
Sep-22	(3 Regions)	$43,139,311	$8,779,943	20.35%	$1,053,593
Oct-22	(3 Regions)	$56,199,189	$7,687,183	13.68%	$922,462
Nov-22	(3 Regions)	$73,605,361	$5,087,585	6.91%	$610,510
Dec-22	(3 Regions)	$74,358,933	$11,297,381	15.19%	$1,355,686
Jan-23	(3 Regions)	$57,223,251	$5,117,380	8.94%	$614,086
Feb-23	(3 Regions)	$39,807,504	$3,143,541	7.90%	$377,225
Mar-23	(3 Regions)	$46,689,362	$4,953,171	10.61%	$594,381
Apr-23	(3 Regions)	$31,805,004	$4,347,138	13.67%	$521,657
May-23	(3 Regions)	$26,761,691	$3,180,953	11.89%	$381,714
Jun-23	(3 Regions)	$20,414,902	$1,848,676	9.06%	$221,841
Jul-23	(3 Regions)	$17,728,739	$2,463,671	13.90%	$295,641
Total:		$2,248,287,169	$255,107,511	11.35%	$30,620,373

Date legalized: Immediately upon PASPA getting struck down, based on state’s pre-existing laws.
Mississippi legal retail sportsbooks first launched: Aug. 1, 2018
Mississippi legal mobile sportsbooks first launched: N/A — no statewide mobile
Regulator: Mississippi Gaming Commission
Biggest monthly handle to date: $83,527,015 (Oct. ’21)
Biggest monthly gross revenue to date: $12,295,357 (Oct. ’19)
Number of brick-and-mortar sportsbooks operating: 29
Number of online sportsbooks operating: None – law permits wagering only on casino premises
Tax rate on sportsbook operators: 12% on gross revenue

Montana sport betting totals

Montana market snapshot

Run by the Montana Lottery, sports betting has been in available since March 2020. Sports wagering was made legal in March 2019 with the passage of House Bill 725 — the Sports Wagering Lottery Amendment Act of 2019 — which established the state lottery as the sole operator for sports betting. Though sports betting can be done via smartphone, bettors must be on-site at a lottery location in order to place wagers through Sports Bet Montana. People, though, can use the app to set up their accounts — which includes depositing and withdrawing funds, setting bet limits and preparing bet slips. The Montana Lottery sports betting platform is powered by Intralot.

Date	Casinos	Handle	Sportsbook Revenue	Win Rate	State Taxes
Mar-20	1	$8,051	$3,063	38.04%	-
Apr-20	1	$434	($275)	-63.36%	$0
May-20	1	$113,283	$28,953	25.56%	-
Jun-20	1	$346,600	$57,753	16.66%	-
Jul-20	1	$1,554,924	$120,177	7.73%	-
Aug-20	1	$2,606,465	$253,747	9.74%	-
Sep-20	1	$2,452,738	$320,800	13.08%	-
Oct-20	1	$2,935,271	$438,364	14.94%	-
Nov-20	1	$2,813,968	$573,018	20.36%	-
Dec-20	1	$4,947,596	$655,169	13.24%	-
Jan-21	1	$5,799,090	$742,008	12.80%	-
Feb-21	1	$3,854,628	$495,957	12.87%	-
Mar-21	1	$4,093,444	$587,916	14.36%	-
Apr-21	1	$3,093,769	$525,172	16.98%	-
May-21	1	$4,387,731	$522,620	11.91%	-
Jun-21	1	$3,470,134	$344,709	9.93%	-
Jul-21	1	$2,349,130	$470,395	20.02%	-
Aug-21	1	$3,760,879	$565,553	15.04%	-
Sep-21	1	$2,899,030	$509,674	17.58%	-
Oct-21	1	$4,728,649	$667,487	14.12%	-
Nov-21	1	$5,362,923	$1,047,566	19.53%	-
Dec-21	1	$5,708,813	$703,366	12.32%	-
Jan-22	1	$5,858,764	$833,114	14.31%	-
Feb-22	1	$3,631,661	$704,348	19.39%	-
Mar-22	1	$4,544,701	$776,644	17.09%	-
Apr-22	1	$2,932,838	$384,495	13.11%	-
May-22	1	$2,947,183	$390,673	13.26%	-
Jun-22	1	$3,488,710	$283,241	8.12%	-
Jul-22	1	$2,302,767	$243,370	10.57%	-
Aug-22	1	$2,975,100	$440,591	14.81%	-
Sep-22	1	$4,940,321	$975,542	19.75%	-
Oct-22	1	$5,319,627	$681,222	12.81%	-
Nov-22	1	$5,782,523	$777,488	13.45%	-
Dec-22	1	$7,218,595	$931,178	12.90%	-
Jan-23	1	$7,139,581	$979,495	13.72%	-
Feb-23	1	$4,366,807	$560,668	12.84%	-
Mar-23	1	$5,784,045	$925,542	16.00%	-
Apr-23	1	$5,201,964	$633,005	12.17%	-
May-23	1	$4,457,829	$666,686	14.96%	-
Jun-23	1	$3,353,974	$282,263	8.42%	-
Jul-23	1	$2,587,209	$560,046	21.65%	-
Aug-23	1	$3,221,337	$337,442	10.48%	-
TOTALS	1	$155,343,086	$22,000,245	14.16%	$22,000,520

Date legalized: March 2019
Montana legal retail sportsbooks first launched: March 1, 2020
Montana legal mobile sportsbooks first launched: March 2020
Regulator: Montana Lottery
Biggest monthly handle to date: $7,218,595 (Dec. ’22)
Biggest monthly gross evenue to date: $1,047,566 (Nov. ’21)
Number of brick-and-mortar sportsbooks operating: Over 1,800 retail lottery locations
Number of online sportsbooks operating: 1 – Sports Bet Montana, which operates only at retail lottery locations.
Tax rate on sportsbook operators: N/A

Nebraska sport betting totals

It was an arduous path to bring legal sports wagering to Nebraska after voters approved a referendum for casinos to expand their offerings to include sports betting. While the process of legalizing via law was a relatively short affair — Gov. Pete Ricketts signed LB 561 into law in May 2021 — the crafting of rules and regulations for a state lacking a mobile option proved slow and occasionally frustrating.

It is a two-pronged challenge to generate notable handle in Nebraska between the lack of mobile wagering and the carveout preventing wagers on in-state colleges and universities. Given the universal appeal of Nebraska football and also the recent rise of Creighton basketball, retail sportsbooks will have to appeal to fans of pro teams for the bulk of their wagering.

Month	# of Sportsbooks	Handle	Revenue	Hold	Taxes
Jun-23	1	N/A	($508)	N/A	$0
Jul-23	1	N/A	$82,113	N/A	$16,422
TOTALS	1	N/A	$81,605	N/A	$16,422

*Nebraska Racing and Gaming Commission does not publish handle

Date legalized: May 26, 2021
Date launched: June 22, 2023
Nebraska legal retail sportsbooks first launched: March 1, 2020
Nebraska legal mobile sportsbooks first launched: N/A
Regulator: Nebraska Racing and Gaming Commission
Biggest monthly handle to date: N/A
Biggest monthly gross evenue to date: $82,113 (July ’23)
Number of brick-and-mortar sportsbooks operating: 1 (WarHorse Gaming), with an eventual expansion to include six.
Number of online sportsbooks operating: 0
Tax rate on sportsbook operators: 20% on operator revenue

Nevada sport betting totals

Nevada market snapshot

Nevada has had legal sports betting since 1949, but lags behind more recent entries by requiring in-person registration for mobile accounts. Blame this on hospitality — many large resorts house sportsbooks and want to see patrons walk through the door and spend money on food or other gaming while registering for an account. New Jersey passed Nevada in handle in May 2019, less than one year after New Jersey sportsbooks took their first bets. In the two-plus years mobile handle statistics have been available, mobile wagering has accounted for nearly two-thirds of overall handle in that span.

Month	Number of Sportsbooks (Number Online)	Total Handle	Mobile Handle (Reporting began in Jan. 2020)	Mobile Handle %	Sportsbook Revenue	Win Rate	State Taxes
Jun-18	189	$286,548,295	-	-	$20,173,000	7.04%	$1,361,678
Jul-18	191	$244,638,554	-	-	$4,061,000	1.66%	$274,118
Aug-18	191	$247,622,789	-	-	$12,604,000	5.09%	$850,770
Sep-18	190	$571,034,482	-	-	$56,304,000	9.86%	$3,800,520
Oct-18	191	$528,568,873	-	-	$29,547,000	5.59%	$1,994,423
Nov-18	192	$581,070,664	-	-	$27,136,000	4.67%	$1,831,680
Dec-18	193	$561,859,873	-	-	$44,106,000	7.85%	$2,977,155
Jan-19	195	$497,482,992	-	-	$14,626,000	2.94%	$987,255
Feb-19	193	$458,591,549	-	-	$35,816,000	7.81%	$2,417,580
Mar-19	192	$596,752,294	-	-	$32,523,000	5.45%	$2,195,303
Apr-19	192	$328,121,212	-	-	$21,656,000	6.60%	$1,461,780
May-19	191	$317,380,282	-	-	$11,267,000	3.55%	$760,523
Jun-19	191	$322,077,670	-	-	$16,587,000	5.15%	$1,119,623
Jul-19	191	$235,659,955	-	-	$10,534,000	4.47%	$711,045
Aug-19	191	$287,757,296	-	-	$18,733,000	6.51%	$1,264,478
Sep-19	187	$546,358,867	-	-	$52,068,000	9.22%	$3,514,590
Oct-19	191	$543,552,781	-	-	$47,887,000	8.81%	$3,232,373
Nov-19	191	$614,118,812	-	-	$31,013,000	5.05%	$2,093,378
Dec-19	191	$571,179,245	-	-	36,327,000	6.36%	$2,452,073
Jan-20	191 (15)	$502,543,631	$245,820,568	48.92%	$20,152,000	4.01%	$1,360,260
Feb-20	191 (15)	$491,782,946	$218,722,466	44.58%	$38,064,000	7.74%	$2,569,320
Mar-20	191 (15)	$141,165,049	$88,927,738	63.00%	$1,454,000	1.03%	$98,145
Apr-20*	191 (15)	-	-	-	-	-	-
May-20*	191 (15)	-	-	-	-	-	-
June-20	185 (15)	$77,903,226	$61,747,312	79.26%	($483,000)	-0.62%	$0
July-20	183 (15)	$163,506,494	$112,898,833	69.05%	$6,295,000	3.85%	$424,913
Aug-20	190 (15)	$474,469,273	$305,194,444	64.32%	$16,986,000	3.58%	$1,146,555
Sep-20	190 (15)	$575,069,930	$315,472,779	54.86%	$32,894,000	5.72%	$2,220,345
Oct-20	191 (15)	$659,222,395	$376,842,105	57.16%	$42,388,000	6.43%	$2,861,190
Nov-20	188 (14)	$609,536,489	$343,947,368	56.43%	$61,807,000	10.14%	$4,171,973
Dec-20	180 (14)	$588,014,493	$352,182,663	59.89%	$40,573,000	6.90%	$2,738,678
Jan-21	180 (14)	$646,679,012	$363,679,245	56.24%	$52,381,000	8.10%	$3,535,718
Feb-21	180 (14)	$553,843,478	$316,346,749	57.12%	$31,846,000	5.75%	$2,149,605
Mar-21	180 (14)	$640,781,759	$385,125,448	60.10%	$39,344,000	6.14%	$2,655,720
Apr-21	179 (14)	$457,798,319	$297,093,023	64.90%	$27,239,000	5.95%	$1,838,633
May-21	175 (14)	$477,583,774	$297,869,955	62.37%	$27,079,000	5.67%	$1,827,833
Jun-21	176 (14)	$545,514,019	$314,307,036	57.62%	$29,185,000	5.35%	$1,969,988
Jul-21	176 (14)	$409,852,217	$241,950,355	59.03%	$33,280,000	8.12%	$2,246,400
Aug-21	176 (14)	$428,149,254	$296,484,642	69.25%	$14,343,000	3.35%	$968,153
Sep-21	178 (14)	$786,705,370	$498,214,286	63.33%	$54,204,000	6.89%	$3,658,770
Oct-21	178 (14)	$1,100,501,139	$703,750,000	61.43%	$48,312,000	4.39%	$3,261,060
Nov-21	178 (14)	$1,085,550,928	$777,177,778	71.59%	$71,972,000	6.63%	$4,858,110
Dec-21	178 (14)	$1,010,265,822	$765,000,000	75.72%	$15,960,000	1.58%	$1,077,300
Jan-22	178 (14)	$1,111,044,444	$786,787,565	70.82%	$49,997,000	4.50%	$3,374,798
Feb-22	178 (14)	$764,924,242	$512,372,881	66.98%	$30,291,000	3.96%	$2,044,643
Mar-22	178 (14)	$862,757,009	$576,646,526	66.84%	$36,926,000	4.28%	$2,492,505
Apr-22	178 (14)	$589,356,322	$424,193,548	71.98%	$25,367,000	4.30%	$1,712,273
May-22	178 (14)	$561,309,771	$397,772,397	70.87%	$26,999,000	4.81%	$1,822,433
Jun-22	179 (14)	$490,411,523	$329,628,821	67.21%	$23,834,000	4.86%	$1,608,795
Jul-22	179 (14)	$419,147,287	$273,716,981	65.30%	$16,221,000	3.87%	$1,094,918
Aug-22	178 (14)	$408,854,962	$293,264,706	71.73%	$16,068,000	3.93%	$1,084,590
Sep-22	178 (14)	$761,099,138	$491,985,816	64.64%	$70,630,000	9.28%	$4,767,525
Oct-22	178 (14)	$921,539,708	$612,841,163	66.50%	$56,859,000	6.17%	$3,837,983
Nov-22	178 (14)	$927,857,143	$641,687,898	69.16%	$37,671,000	4.06%	$2,542,793
Dec-22	175 (14)	$880,462,520	$603,066,667	68.49%	$55,205,000	6.27%	$3,726,338
Jan-23	175 (14)	$935,788,497	$581,606,557	62.15%	$50,439,000	5.39%	$3,404,633
Feb-23	175 (14)	$659,361,022	$402,276,029	61.01%	$41,276,000	6.26%	$2,786,130
Mar-23	175 (14)	$830,511,364	$530,228,690	63.84%	$43,851,000	5.28%	$2,959,943
Apr-23	175 (14)	$598,044,280	$395,191,489	66.08%	$32,414,000	5.42%	$2,187,945
May-23	175 (14)	$527,438,596	$358,114,754	67.90%	$30,064,000	5.70%	$2,029,320
Jun-23	175 (14)	$479,949,495	$323,959,732	67.50%	$9,503,000	1.98%	$641,453
Jul-23	175 (14)	$407,996,769	$268,174,757	65.73%	$25,255,000	6.19%	$1,704,713
Total	175 (14)	$33,904,669,605	$16,482,271,774	64.47%**	$1,907,113,000	5.62%	$128,762,745
*Nevada regulators redacted April and May 2020 sports betting numbers		-	-	-	-	-	-
**Mobile handle percentage is from overall handle since January 2020		-	-	-	-	-	-

*Note: Because NV only started reporting mobile handle figures in Jan. 2020, the “mobile %” column indicates the percentage since such reporting began, not a percentage of the lifetime total handle since June ’18.

Date legalized: 1949
Nevada legal retail sportsbooks first launched: In 1975, Jackie Gaughan opened the first sportsbook inside a casino at the Union Plaza in 1975, per Las Vegas Advisor.
Nevada legal mobile sportsbooks first launched: 2010 via smartphone, but dating back to 2001 via intranet
Regulator: Nevada Gaming Control Board
Biggest monthly handle to date: $1,111,044,444 (Jan. ’22)
Biggest monthly gross revenue to date: $71,972,000 (Nov. ’21)
Number of brick-and-mortar sportsbooks operating: 188
Leading sportsbooks (revenue and/or handle): Caesars by William Hill, Westgate Las Vegas SuperBook
Tax rate on sportsbook operators: 6.75%

New Hampshire sports betting totals

New Hampshire market snapshot

New Hampshire legalized sports betting and appeared headed toward offering an open, competitive marketplace, as the enabling legislation permits up to 10 unique online sportsbooks. However, after the request-for-proposal phase, the New Hampshire Lottery opted to give DraftKings Sportsbook a monopoly on both retail and mobile sports betting. DraftKings offered the state a sweet deal on tax revenue to get the monopoly, but bettors now only have a single option. DraftKings launched its mobile app in late December 2019, and handle finally topped $100 million in March after flirting with it on a few occasions. The state collects a hefty 51% of gross gaming revenue as part of a deal for DraftKings to be the only operator in the state.

Month	Number of Casinos (Number Online)	Total Handle	Mobile Handle Percentage	Sportsbook Revenue	Win Rate	State Taxes
Dec-19	1 (1)	$360,726	100.00%	$44,759	12.41%	$19,403
Jan-20	1 (1)	$16,834,974	100.00%	$1,643,793	9.76%	$713,311
Feb-20	1 (1)	$22,130,928	100.00%	$1,359,395	6.14%	$613,679
Mar-20	1 (1)	$8,768,769	100.00%	$818,605	9.34%	$394,229
Apr-20	1 (1)	$3,774,688	100.00%	$262,393	6.95%	$126,090
May-20	1 (1)	$7,180,450	100.00%	$424,947	5.92%	$187,743
June-20	1 (1)	$8,138,722	100.00%	$691,103	8.49%	$313,156
July-20	1 (1)	$11,623,208	100.00%	$1,268,688	10.92%	$602,156
Aug-20	2 (1)	$27,496,050	95.95%	$1,366,338	4.97%	$596,720
Sep-20	2 (1)	$41,373,620	88.38%	$2,290,364	5.54%	$990,885
Oct-20	2 (1)	$47,055,486	85.47%	$4,203,875	8.93%	$2,001,597
Nov-20	2 (1)	$46,523,447	83.58%	$4,770,459	10.25%	$2,323,843
Dec-20	2 (1)	$51,649,897	84.58%	$4,537,653	8.79%	$2,137,406
Jan-21	2 (1)	$59,795,433	82.68%	$4,197,029	7.02%	$1,886,506
Feb-21	2 (1)	$50,995,349	84.27%	$1,787,930	3.51%	$769,387
Mar-21	2 (1)	$55,800,096	79.64%	$4,254,732	7.62%	$1,925,260
Apr-21	2 (1)	$46,700,713	80.12%	$3,302,340	7.07%	$1,480,847
May-21	2 (1)	$42,367,381	78.54%	$3,115,230	7.35%	$1,433,622
Jun-21	2 (1)	$39,268,179	79.18%	$3,869,773	9.85%	$1,797,118
Jul-21	2 (1)	$36,724,165	82.71%	$3,062,545	8.34%	$1,468,578
Aug-21	2 (1)	$36,319,740	81.39%	$1,594,235	4.39%	$723,016
Sep-21	2 (1)	$68,123,241	74.07%	$3,767,115	5.53%	$1,758,214
Oct-21	3 (1)	$98,191,306	69.39%	$5,409,197	5.51%	$2,560,651
Nov-21	3 (1)	$83,168,812	74.97%	$6,172,586	7.42%	$2,926,241
Dec-21	3 (1)	$86,449,528	75.88%	$2,645,934	3.06%	$1,143,356
Jan-22	3 (1)	$99,540,825	81.94%	$8,029,427	8.07%	$3,875,782
Feb-22	3 (1)	$70,866,282	83.38%	$1,019,097	1.44%	$458,353
Mar-22	3 (1)	$78,811,441	76.54%	$5,283,248	6.70%	$2,506,864
Apr-22	3 (1)	$73,149,079	82.65%	$3,436,446	4.70%	$1,514,431
May-22	3 (1)	$76,199,157	79.89%	$5,720,931	7.51%	$2,637,598
Jun-22	3 (1)	$53,567,757	77.59%	$4,819,197	9.00%	$2,216,742
Jul-22	3 (1)	$42,653,152	77.62%	$4,476,145	10.49%	$2,115,043
Aug-22	3 (1)	$43,372,007	75.79%	$4,199,240	9.68%	$1,927,109
Sep-22	3 (1)	$78,237,751	74.74%	$7,358,206	9.40%	$3,249,389
Oct-22	3 (1)	$91,345,018	74.71%	$9,078,684	9.94%	$4,482,596
Nov-22	3 (1)	$93,090,530	74.20%	$4,963,900	5.33%	$2,176,120
Dec-22	3 (1)	$90,894,582	72.49%	$8,330,161	9.16%	$3,809,372
Jan-23	3 (1)	$97,163,182	77.45%	$12,317,536	12.68%	$5,604,577
Feb-23	3 (1)	$86,999,460	86.78%	$7,112,917	8.18%	$3,238,964
Mar-23	3 (1)	$103,390,747	90.35%	$4,828,031	4.67%	$2,126,878
Apr-23	3 (1)	$65,083,883	87.32%	$6,670,482	10.25%	$2,997,574
May-23	3 (1)	$52,137,614	89.03%	$7,042,470	13.51%	$3,078,159
Jun-23	3 (1)	$39,307,739	88.45%	$4,372,429	11.12%	$1,944,484
Jul-23	3 (1)	$36,929,342	90.51%	$3,511,867	9.51%	$1,551,249
Total	3 (1)	$2,369,554,456	80.89%	$179,431,132	7.57%	$82,404,298

Date legalized: July 12, 2019
New Hampshire B&M sportsbooks launched: September 2020
New Hampshire legal mobile sportsbook first launched: Dec. 30, 2019
Regulator: New Hampshire Lottery
Biggest monthly handle to date: $103,390,747 (Mar. ’23)
Biggest monthly gross revenue to date: $12,317,536 (Jan. ’23)
Number of brick-and-mortar sportsbooks operating: 3
Number of online sportsbooks operating: 1 — (DraftKings currently has agreement granting it exclusivity)
Tax rate on sportsbook operator: Revenue sharing arrangement gives the state 51% of DraftKings’ gross revenue.

New Jersey sports betting totals

Every other “legal” state owes a debt of gratitude to New Jersey, which led the fight against PASPA and finally claimed victory in 2018. Very quickly after the Supreme Court ruling, New Jersey passed its new law formally legalizing sports betting and establishing rules and regulations. New Jersey’s open, competitive market has proved a huge success and a model for other states. After only four years, the Garden State has established itself as a friendly rival to Nevada in both market size and sportsbook innovation and became the first state to post a $1 billion monthly handle and at least $100 million in monthly operator revenue. New Jersey sportsbook lounges are open at many Atlantic City casinos, while the most popular sportsbook is a FanDuel lounge at the Meadowlands Racetrack adjacent to MetLife Stadium, about eight miles from New York City.

Month	Total Handle	Mobile Handle Dollars	Mobile Handle Percentage	Sportsbook Revenue	Win Rate	State Taxes
Jun-18	$16,409,619	$0.00	0.00%	$3,458,668	21.08%	$293,987
Jul-18	$40,682,237	$0.00	0.00%	$3,831,141	9.42%	$328,556
Aug-18	$95,634,048	$21,714,157	22.71%	$9,182,943	9.60%	$921,702
Sep-18	$183,948,404	$104,885,673	57.02%	$23,961,038	13.03%	$2,603,059
Oct-18	$260,711,301	$174,369,684	66.89%	$11,686,119	4.48%	$1,382,026
Nov-18	$330,748,563	$238,615,611	72.14%	$21,243,865	6.42%	$2,464,169
Dec-18	$319,173,548	$241,043,289	75.52%	$20,814,222	6.52%	$2,421,726
Jan-19	$385,279,662	$304,973,986	79.16%	$18,774,940	4.87%	$2,294,556
Feb-19	$320,368,087	$258,871,597	80.80%	$12,732,240	3.97%	$1,662,144
Mar-19	$372,451,342	$298,282,154	80.09%	$31,669,387	8.50%	$3,702,001
Apr-19	$313,719,562	$253,976,244	80.96%	$21,215,747	6.76%	$2,551,688
May-19	$318,940,677	$263,552,319	82.63%	$15,536,384	4.87%	$1,940,502
Jun-19	$273,222,975	$226,702,566	82.97%	$9,701,925	3.55%	$1,142,871
Jul-19	$251,371,272	$213,038,739	84.75%	$17,884,790	7.11%	$2,140,116
Aug-19	$293,594,862	$249,237,590	84.89%	$25,210,342	8.59%	$3,010,078
Sep-19	$445,563,503	$374,246,343	83.99%	$37,883,375	8.50%	$4,539,335
Oct-19	$487,924,504	$416,964,519	85.46%	$46,393,537	9.51%	$5,664,718
Nov-19	$562,675,543	$486,784,645	86.51%	$32,895,546	5.85%	$4,046,505
Dec-19	$557,786,161	$488,931,379	87.66%	$29,424,884	5.28%	$3,740,893
Jan-20	$540,113,452	$471,149,117	87.23%	$53,561,626	9.92%	$6,591,383
Feb-20	$494,813,807	$436,492,186	88.21%	$17,000,928	3.44%	$2,248,435
Mar-20	$181,908,529	$163,449,027	89.85%	$13,181,101	7.25%	$1,732,276
Apr-20	$54,593,092	$54,593,092	100.00%	$2,634,050	4.82%	$356,726
May-20	$117,821,281	$117,821,281	100.00%	$9,912,062	8.41%	$1,303,244
June-20	$165,014,553	$165,014,553	100.00%	$12,630,292	7.63%	$1,652,950
July-20	$315,118,105	$295,804,327	93.87%	$29,552,167	9.38%	$3,671,891
Aug-20	$667,979,150	$601,942,486	90.11%	$39,507,181	5.91%	$4,919,340
Sep-20	$748,588,349	$678,745,374	90.67%	$45,083,178	6.02%	$5,604,501
Oct-20	$803,096,172	$743,899,049	92.60%	$58,508,647	7.29%	$7,440,873
Nov-20	$931,620,415	$872,076,040	93.61%	$50,554,535	5.43%	$6,233,822
Dec-20	$996,300,794	$929,331,841	93.28%	$66,386,516	6.66%	$8,269,676
Jan-21	$958,717,526	$886,656,470	92.48%	$82,640,979	8.62%	$10,362,389
Feb-21	$742,953,328	$689,249,156	92.77%	$46,213,864	6.22%	$5,800,343
Mar-21	$859,617,961	$780,145,392	90.75%	$60,755,472	7.07%	$7,746,512
Apr-21	$747,986,522	$681,177,434	91.07%	$54,839,217	7.33%	$6,195,676
May-21	$814,270,654	$734,654,926	90.22%	$52,895,430	6.50%	$6,775,113
Jun-21	$766,888,420	$683,020,655	89.06%	$71,267,544	9.29%	$8,732,715
Jul-21	$578,729,290	$529,433,846	91.48%	$54,966,257	9.50%	$6,938,914
Aug-21	$664,675,859	$612,866,525	92.21%	$52,023,081	7.83%	$6,678,542
Sep-21	$1,011,114,311	$918,443,445	90.83%	$82,440,240	8.15%	$10,172,247
Oct-21	$1,303,198,342	$1,179,042,368	90.47%	$84,152,035	6.46%	$10,583,756
Nov-21	$1,258,189,436	$1,144,161,355	90.94%	$114,788,726	9.12%	$14,595,181
Dec-21	$1,229,561,891	$1,110,291,461	90.30%	$59,047,673	4.80%	$7,482,614
Jan-22	$1,348,860,083	$1,209,701,318	89.68%	$60,195,902	4.46%	$8,019,906
Feb-22	$985,568,313	$899,631,531	91.28%	$30,873,369	3.13%	$4,292,710
Mar-22	$1,120,904,954	$1,041,402,933	92.91%	$66,404,370	5.92%	$8,238,237
Apr-22	$926,946,780	$863,143,698	93.12%	$50,345,808	5.43%	$6,425,923
May-22	$766,412,352	$708,369,964	92.43%	$61,594,016	8.04%	$7,998,017
Jun-22	$633,184,861	$588,892,237	93.00%	$39,245,213	6.20%	$4,913,338
Jul-22	$531,888,333	$494,894,716	93.04%	$45,007,343	8.46%	$5,824,135
Aug-22	$546,774,394	$509,178,612	93.12%	$65,272,385	11.94%	$8,322,147
Sep-22	$866,719,412	$807,776,106	93.20%	$97,981,122	11.30%	$12,126,902
Oct-22	$1,060,154,535	$987,604,278	93.16%	$77,907,041	7.35%	$9,879,163
Nov-22	$1,101,622,966	$1,032,597,867	93.73%	$80,426,931	7.30%	$10,491,899
Dec-22	$1,055,556,994	$998,393,281	94.58%	$87,701,471	8.31%	$11,348,015
Jan-23	$1,082,233,033	$1,016,375,435	93.91%	$72,330,439	6.68%	$9,441,521
Feb-23	$847,405,611	$801,400,126	94.57%	$54,621,220	6.45%	$7,125,279
Mar-23	$1,025,779,225	$975,179,869	95.07%	$93,039,999	9.07%	$11,908,154
Apr-23	$833,980,925	$798,491,542	95.74%	$72,304,036	8.67%	$9,211,004
May-23	$778,854,263	$741,056,270	95.15%	$82,165,404	10.55%	$10,465,932
Jun-23	$591,081,897	$558,624,130	94.51%	$66,356,838	11.23%	$8,380,344
Jul-23	$587,019,749	$561,643,121	95.68%	$61,013,433	10.39%	$7,702,784
Aug-23	$725,849,450	$697,069,928	96.04%	$96,041,019	13.23%	$12,345,166
Total	$40,199,875,239	$36,387,078,863	90.52%	$2,968,871,433	7.39%	$373,399,527

New Jersey market snapshot

Date legalized: June 11, 2018
New Jersey legal retail sportsbooks first launched: June 14, 2018
New Jersey legal mobile sportsbooks first launched: Aug. 8, 2019
Regulator: New Jersey Division of Gaming Enforcement (DGE)
Biggest monthly handle to date: $1,348,860,083 (Jan. ’22)
Biggest monthly gross revenue to date: $114,788,726 (Nov. ’21)
Number of brick-and-mortar sportsbooks operating: 12
Number of online sportsbooks operating: 19
Leading sportsbooks (revenue and/or handle): FanDuel Sportsbook, DraftKings Sportsbook
Fun fact: New Jersey was the first state to post a $1 billion monthly in the post-PASPA handle in September 2021.
Tax rates on operators: 13% for online, 8.5% for land-based betting revenue

New York sports betting totals

It’s complicated. An economic/gaming law passed in 2013 preemptively approved land-based sportsbooks at upstate casinos. One of former Gov. Andrew Cuomo’s final acts before his resignation was to get the framework in place for mobile wagering. While many blanched at the 51% tax rate, every operator knew it could not risk potentially missing out on the vast New York market and applied. The result? Nine operators were approved as part of two super bids in which rivals became allies of convenience. The New York State Gaming Commission moved in rapid-fire fashion through the fall to launch during the first full weekend of 2022 with four operators — BetRivers, Caesars, DraftKings, and FanDuel — able to accept wagers. BetMGM, PointsBet, WynnBET, and Resorts World Bet have since commenced operations, and Bally Bet completed the field.

Month	Number of Casinos (Number Online)	Total Handle	Mobile Handle	Sportsbook Revenue	Win Rate	State Taxes
Jul-19	2 (0)	$1,365,470	-	$349,468	25.59%	$34,947
Aug-19	4 (0)	$4,647,958	-	$828,152	17.82%	$82,815
Sep-19	4 (0)	$13,060,944	-	$2,283,865	17.49%	$228,387
Oct-19	4 (0)	$14,852,615	-	$2,233,227	15.04%	$223,323
Nov-19	4 (0)	$17,161,294	-	$1,308,296	7.62%	$130,830
Dec-19	4 (0)	$16,872,506	-	$780,418	4.62%	$78,042
Jan-20	4 (0)	$17,169,303	-	$1,943,351	11.32%	$194,335
Feb-20	4 (0)	$12,872,999	-	($179,593)	-1.40%	$0
Mar-20	4 (0)	$4,186,276	-	$99,514	2.38%	$9,951
Apr-20	4 (0)	$0	-	$0	0.00%	$0
May-20	4 (0)	$0	-	$0	0.00%	$0
Jun-20	4 (0)	$0	-	$0	0.00%	$0
Jul-20	4 (0)	$0	-	$0	0.00%	$0
Aug-20	4 (0)	$0	-	$0	0.00%	$0
Sep-20	4 (0)	$10,092,604	-	$1,403,543	13.91%	$140,354
Oct-20	4 (0)	$18,107,259	-	$2,623,464	14.49%	$262,346
Nov-20	4 (0)	$17,096,320	-	$2,619,676	15.32%	$261,968
Dec-20	4 (0)	$18,584,384	-	$2,258,771	12.15%	$225,877
Jan-21	4 (0)	$20,942,309	-	$3,569,855	17.05%	$356,986
Feb-21	4 (0)	$14,018,760	-	$1,153,276	8.23%	$115,328
Mar-21	4 (0)	$16,529,015	-	$1,845,685	11.17%	$184,569
Apr-21	4 (0)	$13,547,816	-	$1,322,623	9.76%	$132,262
May-21	4 (0)	$13,810,327	-	$1,590,114	11.51%	$159,011
Jun-21	4 (0)	$14,239,819	-	$1,858,642	13.05%	$185,864
Jul-21	4 (0)	$9,338,107	-	$1,273,621	13.64%	$127,362
Aug-21	4 (0)	$9,153,602	-	$1,080,571	11.80%	$108,057
Sep-21	4 (0)	$17,355,782	-	$3,187,045	18.36%	$318,705
Oct-21	4 (0)	$25,567,296	-	$1,679,614	6.57%	$167,961
Nov-21	4 (0)	$21,519,094	-	$3,956,490	18.39%	$395,649
Dec-21	4 (0)	$21,129,981	-	$764,704	3.62%	$76,470
Jan-22	4 (6)	$1,686,263,898	$1,669,719,034	$123,810,127	7.34%	$63,316,514
Feb-22	4 (7)	$1,534,078,893	$1,527,568,253	$82,149,599	5.35%	$42,026,898
Mar-22	4 (8)	$1,644,789,692	$1,638,266,833	$114,956,204	6.99%	$58,351,264
Apr-22	4 (8)	$1,396,791,941	$1,390,777,875	$104,535,898	7.48%	$53,151,656
May-22	4 (8)	$1,269,862,570	$1,263,484,474	$110,418,075	8.70%	$56,055,234
Jun-22	4 (8)	$1,056,694,012	$1,051,624,720	$72,441,400	6.86%	$36,954,884
Jul-22	4 (9)	$804,966,381	$800,753,012	$73,880,416	9.18%	$37,449,746
Aug-22	4 (9)	$877,407,454	$872,228,171	$100,760,793	11.48%	$50,912,979
Sep-22	4 (9)	$1,265,023,090	$1,256,704,042	$145,039,867	11.47%	$73,270,470
Oct-22	4 (9)	$1,555,051,187	$1,543,789,024	$146,845,938	9.44%	$74,283,908
Nov-22	4 (9)	$1,564,164,673	$1,553,860,982	$149,224,901	9.54%	$75,695,441
Dec-22	4 (9)	$1,632,469,010	$1,623,786,503	$142,969,451	8.76%	$72,422,557
Jan-23	4 (9)	$1,799,048,376	$1,788,991,455	$149,886,749	8.33%	$76,258,333
Feb-23	4 (9)	$1,474,299,932	$1,466,956,555	$108,470,835	7.36%	$55,251,455
Mar-23	4 (9)	$1,792,885,346	$1,785,952,977	$163,582,117	9.12%	$83,132,673
Apr-23	4 (9)	$1,550,014,914	$1,544,465,378	$139,265,046	8.98%	$70,843,702
May-23	4 (9)	$1,363,794,316	$1,358,583,506	$152,643,135	11.19%	$77,571,234
Jun-23	4 (9)	$1,170,989,676	$1,166,390,859	$103,956,641	8.88%	$52,976,398
Jul-23	4 (8)*	$966,555,215	$962,126,094	$105,510,884	10.92%	$53,666,714
Aug-23	4 (8)*	$1,118,163,959	$1,112,768,221	$99,241,793	8.88%	$50,310,977
Totals:	4 (9)	$27,886,536,375	$27,378,797,968	$2,431,444,261	8.72%	$1,218,134,261
	*Bally Bet was inactive due to internal migration of platform

Note: The New York state sports betting totals reflect only the four commercial casinos operating retail sportsbooks. The three tribal-run casinos operating retail sportsbooks are not required to report figures to the NYS Gaming Commission.

New York market snapshot

Legalization date: Sportsbook lounges at upstate casinos were preemptively legalized in 2013; rules and regulations were created post-PASPA
New York legal retail sportsbooks first launched: July 16, 2019
New York legal mobile sportsbooks first launched: Jan. 8, 2022
Regulator: New York State Gaming Commission
Biggest monthly handle to date: $1,799,048,376 (Jan. ’23).
Biggest monthly gross revenue to date: $163,582,117 (Mar. ’23)
Number of brick-and-mortar sportsbooks operating: 11
Number of online sportsbooks operating: 9
Fun Facts:
- In its first month of mobile wagering in January 2022, New York attained the “triple crown” of having the highest national monthly handle, gross gaming revenue, and state tax receipts in the post-PASPA era. It repeated the accomplishment in January 2023.
- It is currently the only state to surpass $1.5 billion in monthly handle.
- It became the first state to surpass $1 billion in tax revenue generated in May 2023.
Tax rate on sportsbook operators: 10% on land-based revenue; 51% on gross mobile revenue

Ohio sports betting totals

With much fanfare, the Buckeye State rang in 2023 with sportsbooks able to take wagers. A simultaneous launch similar to Michigan, but larger in scope took place on Jan. 1 when 15 mobile platforms sprang to life for Ohio bettors to utilize. A state with six top-tier professional teams — Cavaliers, Indians, Reds, Browns, Bengals, and FC Cincinnati — along with one of the biggest Division I college programs in the Ohio State University, Ohio was instantly going to muscle its way into the top tier of states when it came to sports wagering handle. They did that with ease as the $1.1 billion wagered in January trailed only New York, but Buckeye bettors also set a dubious national record as the house claimed a whopping $208.9 million in revenue in a historic opening month of wagering. Promotional offers are expected to be aggressive in the first few months after launch with Ohio offering operators a business-friendly 10% tax rate — though no tax break for promotional credits for the first four years.

Month	Handle	Gross Revenue	Gross Revenue Win Rate	Adjusted Gross Revenue	Taxes
Jan-23	$1,114,101,739	$209,049,302	18.76%	$209,055,880	$20,922,359
Feb-23	$639,795,553	$82,879,568	12.95%	$82,987,169	$8,306,004
Mar-23	$738,613,175	$95,313,124	12.90%	$95,346,224	$9,551,057
Apr-23	$522,703,584	$63,819,857	12.21%	$63,898,463	$6,405,348
May-23	$447,477,360	$57,951,152	12.95%	$58,002,520	$5,819,393
Jun-23	$363,066,723	$32,604,975	8.98%	$32,747,673	$6,547,122
Jul-23	$331,931,139	$37,229,873	11.22%	$37,237,844	$7,458,022

TOTALS	$4,157,786,430	$578,835,931	13.92%	$579,275,773	$65,009,305

Ohio market snapshot

Legalization date: Dec. 23, 2021, when Gov. Mike DeWine signed HB 29 into law
Ohio legal retail sportsbooks first launched: Jan. 1, 2023
Ohio legal mobile sportsbooks first launched: Jan. 1, 2023
Regulators: Oho Casino Control Commission for Class A/B licenses; Ohio Lottery for Class C
Biggest monthly handle to date: $1,114,101,739 (Jan. ’23).
Biggest monthly gross revenue to date: $209,049,302 (Jan. ’23)
Number of brick-and-mortar sportsbooks operating: 14 (4 casinos, 7 racetracks, 3 stadia)
Number of online sportsbooks operating: 17 (and more still to come)
Leading sportsbooks (revenue and/or handle): FanDuel, DraftKings, BetMGM, Barstool Sportsbok
Fun Fact: Ohio’s Jan. 1 launch was the largest simultaneous launch for sports betting in any state in the post-PASPA era.
Tax rate on sportsbook operators: 20% on adjusted gross revenue as of June 1, 2023 (originally launched at 10% of AGR).

Oregon sports betting totals

Oregonians can bet on professional sports online via DraftKings or in person at either the Chinook Winds Casino Resort or Spirit Mountain Casino. Oregon was one of four states that were grandfathered in under PASPA to have sports betting, and the Lottery initially took advantage by developing ScoreBoard, which was its first foray into an online business. Looking for similar success it enjoys in New Hampshire, DraftKings now serves as the odds provider to the Oregon Lottery as of 2022. The tribe that owns the Chinook Winds Casino was allowed to reopen its compact with the state to add sports betting, but not all tribes are in the same situation. There is no tax rate on sports betting in Oregon, per se, as the Lottery is a state-run venture and states cannot “tax” tribal gaming. Oregon became the 19th state to surpass $1 billion all-time handle in November 2022.

Month	Number of Sportsbooks (Number Online)	Total Handle	Sportsbook Revenue	Win Rate	State Taxes
Oct-19	1 (1)	$5,605,244	$220,396	3.93%	-
Nov-19	1 (1)	$17,115,416	$960,714	5.61%	-
Dec-19	1 (1)	$22,551,453	$1,743,231	7.73%	-
Jan-20	1 (1)	$21,151,604	$1,773,757	8.39%	-
Feb-20	1 (1)	$20,899,825	$1,481,197	7.09%	-
Mar-20	1 (1)	$9,007,860	$937,750	10.41%	-
Apr-20	1 (1)	$4,430,648	$392,767	8.86%	-
May-20	1 (1)	$7,290,190	$598,061	8.20%	-
June-20	1 (1)	$7,921,864	$777,903	9.82%	-
July-20	1 (1)	$14,042,425	$1,003,037	7.14%	-
Aug-20	1 (1)	$25,845,403	$1,662,406	6.43%	-
Sept-20	1 (1)	$26,174,303	$1,527,243	5.83%	-
Oct-20	1 (1)	$29,455,228	$2,751,147	9.34%	-
Nov-20	1 (1)	$25,039,884	$4,116,314	16.44%	-
Dec-20	1 (1)	$26,987,303	$3,050,785	11.30%	-
Jan-21	1 (1)	$34,935,891	$3,872,604	11.08%	-
Feb-21	1 (1)	$29,600,150	$2,684,777	9.07%	-
Mar-21	1 (1)	$24,054,960	$1,374,377	5.71%	-
Apr-21	1 (1)	$25,323,061	$2,729,277	10.78%	-
May-21	1 (1)	$27,780,213	$2,350,290	8.46%	-
Jun-21	1 (1)	$24,903,118	$2,841,767	11.41%	-
Jul-21	1 (1)	$18,189,572	$2,173,572	11.95%	-
Aug-21	1 (1)	$17,686,198	$1,063,135	6.01%	-
Sep-21	1 (1)	$25,070,339	$1,259,744	5.02%	-
Oct-21	1 (1)	$37,639,041	$3,022,298	8.03%	-
Nov-21	1 (1)	$32,673,216	$4,428,658	13.55%	-
Dec-21	1 (1)	$33,743,754	$2,597,503	7.70%	-
Jan-22	1 (1)	$42,899,735	$2,389,280	5.57%	-
Feb-22	1 (1)	$39,458,431	$3,335,165	8.45%	-
Mar-22	1 (1)	$36,208,011	$3,620,610	10.00%	-
Apr-22	1 (1)	$42,936,415	$3,824,165	8.91%	-
May-22	1 (1)	$41,708,884	$5,034,036	12.07%	-
Jun-22	1 (1)	$33,966,896	$2,548,192	7.50%	-
Jul-22	1 (1)	$28,453,245	$2,700,257	9.49%	-
Aug-22	1 (1)	$28,196,193	$2,707,041	9.60%	-
Sep-22	1 (1)	$39,292,037	$5,465,182	13.91%	-
Oct-22	1 (1)	$55,555,464	$5,783,452	10.41%	-
Nov-22	1 (1)	$55,503,996	$6,418,578	11.56%	-
Dec-22	1 (1)	$53,806,189	$5,693,397	10.58%	-
Jan-23	1 (1)	$62,328,293	$7,546,966	12.11%	-
Feb-23	1 (1)	$48,425,409	$4,261,284	8.80%	-
Mar-23	1 (1)	$50,456,710	$6,088,342	12.07%	-
Apr-23	1 (1)	$55,167,184	$7,051,980	12.78%	-
May-23	1 (1)	$52,122,283	$6,462,462	12.40%	-
Jun-23	1 (1)	$43,861,200	$4,336,368	9.89%	-
Jul-23	1 (1)	$40,428,203	$4,150,625	10.27%	-
Aug-23	1 (1)	$44,542,070	$3,507,634	7.87%	-
Total		$1,490,435,191	$146,319,736	9.82%	-

Oregon market snapshot

Note: Sportsbook revenue returns to the Oregon Lottery and represent taxes; from this sum, the Lottery pays its sole supplier SB Tech a revenue share and certain fixed costs and access fee and payments to SB Tech’s suppliers, plus there are administrative costs. Ultimately it’s unclear how small a fraction the Lottery is deriving from the ScoreBoard proceeds.

Legalization date: Immediately upon PASPA getting struck down, based on state’s existing laws.
Oregon legal retail sportsbooks first launched: Aug. 27, 2019
Oregon legal mobile sportsbooks first launched: Oct. 16, 2019
Regulator: Oregon Lottery
Biggest monthly handle to date: $62,328,293 (Jan. ’23)
Biggest monthly gross revenue to date: $7,546,966 (Jan. ’23)
Number of brick-and-mortar sportsbooks operating: 2
Number of online sportsbooks operating: 1
Leading sportsbooks (revenue and/or handle): DraftKings took over as the state’s official sportsbook in January 2022.
Fun Fact: Oregon bettors have yet to beat the house in any month since launch.
Tax rate on sportsbook operators: N/A

Pennsylvania sports betting totals

Pennsylvania was an early mover in terms of making sports betting legal — it did so nearly seven months before PASPA was overturned, but the road to offering live sports betting was long. At this point, Pennsylvania is among the nation’s more robust markets and and offers consumers multiple options both online and in person.

Month	Number of Casino Sportsbooks (Number Online)	Total Handle	Mobile Handle Dollars	Mobile Handle Percentage	Gross Sportsbook Revenue	Gross Win Rate	Adjusted Sportsbook Revenue	Adjusted Win Rate	State Taxes**
Nov-18	1 (0 Mobile)	$1,414,587	$0	0.00%	$508,997	35.98%	$508,997	35.98%	$173,059
Dec-18	3 (0 Mobile)	$16,173,090	$0	0.00%	$2,007,592	12.41%	$2,007,592	12.41%	$682,581
Jan-19	6 (0 Mobile)	$32,011,839	$0	0.00%	$2,607,215	8.14%	$2,607,215	8.14%	$886,453
Feb-19	6 (0 Mobile)	$31,500,742	$0	0.00%	$1,946,817	6.18%	$1,946,817	6.18%	$661,918
Mar-19	8 (0 Mobile)	$44,527,575	$0	0.00%	$5,519,340	12.40%	$5,519,340	12.40%	$1,876,576
Apr-19	8 (0 Mobile)	$36,769,145	$0	0.00%	$4,221,482	11.48%	$4,221,482	11.48%	$1,435,304
May-19	8 (1 Mobile)	$35,934,215	$573,163	1.60%	$2,861,852	7.96%	$2,861,852	7.96%	$973,030
Jun-19	8 (3 Mobile)	$46,334,244	$19,326,220	41.71%	$3,126,380	6.75%	$2,056,819	4.44%	$699,319
Jul-19	9 (4 Mobile)	$59,331,959	$38,998,648	65.73%	$5,074,431	8.55%	$2,852,137	4.81%	$969,727
Aug-19	9 (4 Mobile)	$109,038,051	$83,209,317	76.31%	$9,887,738	9.07%	$6,115,016	5.61%	$2,079,106
Sep-19	11 (5 Mobile)	$194,504,622	$158,154,361	81.31%	$19,334,816	9.94%	$14,888,872	7.65%	$5,062,216
Oct-19	12 (5 Mobile)	$241,186,066	$198,688,269	82.38%	$19,116,777	7.93%	$14,948,249	6.20%	$5,082,405
Nov-19	12 (7 Mobile)	$316,468,264	$266,740,919	84.29%	$20,570,772	6.50%	$14,720,686	4.65%	$5,005,033
Dec-19	12 (8 Mobile)	$342,560,389	$297,445,045	86.83%	$17,459,091	5.10%	$11,374,482	3.32%	$3,867,324
Jan-20	12 (8 Mobile)	$348,381,708	$308,605,690	88.58%	$31,580,803	9.07%	$22,841,192	6.56%	$7,766,005
Feb-20	12 (9 Mobile)	$329,765,782	$294,127,503	89.19%	$11,432,097	3.47%	$4,722,252	1.43%	$1,605,566
Mar-20	13 (9 Mobile)	$131,330,059	$118,332,822	90.10%	$8,606,120	6.55%	$6,889,255	5.25%	$2,342,347
Apr-20	13 (9 Mobile)	$46,015,988	$46,015,988	100.00%	$3,202,680	6.96%	$2,883,471	6.27%	$980,380
May-20	13 (9 Mobile)	$77,510,033	$77,510,033	100.00%	$5,918,697	7.64%	$4,828,989	6.23%	$1,641,586
June-20	10 (9 Mobile)	$89,002,562	$88,313,028	99.23%	$7,959,790	8.94%	$6,660,158	7.48%	$2,264,454
July-20	11 (9 Mobile)	$164,782,229	$155,354,508	94.28%	$13,651,865	8.28%	$8,147,480	4.94%	$2,770,143
Aug-20	12 (9 Mobile)	$364,985,422	$321,554,131	88.10%	$27,593,677	7.56%	$18,274,075	5.01%	$6,213,186
Sep-20	12 (9 Mobile)	$462,787,394	$414,100,359	89.40%	$18,277,566	3.94%	$6,269,883	1.35%	$2,131,760
Oct-20	12 (10 Mobile)	$525,802,524	$472,276,003	89.82%	$47,834,647	9.10%	$36,776,926	6.99%	$12,504,155
Nov-20	14 (10 Mobile)	$491,910,713	$447,418,449	90.96%	$48,500,443	9.86%	$37,350,246	7.59%	$12,699,084
Dec-20	15 (12 Mobile)	$548,590,065	$535,209,739	97.56%	$45,344,348	8.27%	$34,059,539	6.21%	$11,580,243
Jan-21	15 (12 Mobile)	$615,294,827	$579,941,653	94.25%	$49,305,268	8.01%	$33,970,396	5.52%	$11,549,935
Feb-21	15 (12 Mobile)	$509,547,820	$469,708,926	92.18%	$33,171,120	6.51%	$16,379,807	3.21%	$5,569,135
Mar-21	15 (12 Mobile)	$560,259,181	$514,336,353	91.80%	$41,029,269	7.32%	$29,352,345	5.24%	$9,979,797
Apr-21	15 (12 Mobile)	$479,411,021	$439,065,648	91.58%	$36,033,727	7.52%	$26,296,483	5.49%	$8,940,804
May-21	15 (12 Mobile)	$447,465,027	$407,398,753	91.05%	$37,419,313	8.36%	$27,746,484	6.20%	$9,433,805
Jun-21	16 (13 Mobile)	$420,193,377	$379,267,760	90.26%	$42,495,332	10.11%	$34,225,520	8.15%	$11,636,677
Jul-21	16 (13 Mobile)	$304,415,503	$275,449,861	90.48%	$27,482,519	9.03%	$19,856,180	6.52%	$6,751,101
Aug-21	15 (12 Mobile)	$348,520,369	$318,131,156	91.28%	$25,315,958	7.26%	$18,007,244	5.17%	$6,122,463
Sep-21	15 (12 Mobile)	$578,760,746	$527,438,189	91.13%	$48,113,670	8.31%	$28,253,790	4.88%	$9,606,289
Oct-21	15 (12 Mobile)	$776,277,954	$714,094,431	91.99%	$42,282,405	5.45%	$23,532,816	3.03%	$8,001,157
Nov-21	15 (12 Mobile)	$761,574,597	$704,074,632	92.45%	$84,921,693	11.15%	$63,668,655	8.36%	$21,647,343
Dec-21	16 (12 Mobile)	$750,388,696	$693,270,171	92.39%	$37,953,474	5.06%	$18,817,768	2.51%	$6,398,041
Jan-22	16 (13 Mobile)	$793,722,787	$737,442,937	92.91%	$53,403,655	6.73%	$32,169,931	4.05%	$10,937,777
Feb-22	16 (14 Mobile)	$597,064,049	$558,109,050	93.48%	$22,160,553	3.71%	($442,847)	-0.07%	$1,876,109
Mar-22	18 (14 Mobile)	$714,976,578	$666,981,930	93.29%	$48,512,264	6.79%	$30,400,581	4.25%	$10,336,197
Apr-22	18 (14 Mobile)	$572,817,741	$536,143,163	93.60%	$49,083,331	8.57%	$33,667,057	5.88%	$11,446,799
May-22	18 (14 Mobile)	$493,350,519	$457,947,928	92.82%	$47,828,553	9.69%	$35,009,849	7.10%	$11,903,349
Jun-22	18 (14 Mobile)	$393,494,222	$363,964,491	92.50%	$22,889,554	5.82%	$12,769,552	3.25%	$4,341,648
Jul-22	18 (14 Mobile)	$336,507,932	$311,525,076	92.58%	$33,226,517	9.87%	$25,444,500	7.56%	$8,651,130
Aug-22	18 (14 Mobile)	$363,046,972	$333,098,950	91.75%	$42,185,145	11.62%	$33,953,300	9.35%	$11,544,122
Sep-22	18 (14 Mobile)	$645,242,681	$596,714,671	92.48%	$75,319,093	11.67%	$50,216,969	7.78%	$17,073,769
Oct-22	18 (14 Mobile)	$797,124,732	$732,359,162	91.88%	$61,519,576	7.72%	$40,514,020	5.08%	$13,774,767
Nov-22	18 (14 Mobile)	$789,230,672	$735,523,025	93.19%	$69,997,949	8.87%	$52,880,925	6.70%	$17,979,514
Dec-22	18 (14 Mobile)	$754,849,873	$704,782,411	93.37%	$71,238,770	9.44%	$54,624,271	7.24%	$18,572,252
Jan-23	19 (14 Mobile)	$772,289,648	$719,700,379	93.19%	$57,982,069	7.51%	$39,250,402	5.08%	$13,345,137
Feb-23	19 (14 Mobile)	$599,529,429	$555,793,862	92.71%	$62,214,502	10.38%	$43,230,177	7.21%	$14,698,260
Mar-23	19 (14 Mobile)	$723,545,806	$667,464,497	92.25%	$66,465,774	9.19%	$50,645,259	7.00%	$17,219,388
Apr-23	19 (14 Mobile)	$572,152,803	$536,265,702	93.73%	$51,786,464	9.05%	$37,036,123	6.47%	$12,592,282
May-23	19 (14 Mobile)	$495,585,360	$460,189,894	92.86%	$57,533,744	11.61%	$41,104,590	8.29%	$13,975,561
Jun-23	19 (14 Mobile)	$373,171,415	$349,359,461	93.62%	$33,866,725	9.08%	$23,060,076	6.18%	$7,840,426
Jul-23	19 (14 Mobile)	$338,450,263	$316,089,466	93.39%	$39,406,353	11.64%	$32,089,785	9.48%	$10,910,527
Aug-23	19 (14 Mobile)	$393,007,298	$367,172,896	93.43%	$30,614,565	7.79%	$22,026,307	5.60%	$7,448,944
Total	19 (14 Mobile)	$23,159,889,165	$21,070,760,679	90.98%	$1,886,904,937	8.15%	$1,306,091,337	5.64%	$446,057,735

Note 1: Pennsylvania’s hold is separated into pre-hold and post-hold based on available gross revenue totals compiled before promotions are taken into account.

Note 2: Pennsylvania’s taxable gross revenue is determined by post-promotion totals.

Note 3: Pennsylvania’s tax revenue does not include the 2% local tax assessment, it is 34% of post-promotion gross revenues.

Pennsylvania market snapshot

Legalization date: Oct. 31, 2017
Legal B&M sportsbooks first launched: Nov. 15, 2018
Legal PA online/mobile sportsbooks first launched: May 31, 2019
Regulator: Pennsylvania Gaming Control Board
Biggest monthly handle to date: $797,124,732 (Oct. ’22)
Biggest monthly gross revenue to date: $84,921,693 (Nov. ’21)
Number of brick-and-mortar sportsbooks operating: 19
Number of online sportsbooks operating: 14
Leading sportsbooks (revenue and/or handle): FanDuel, DraftKings, BetRivers
Tax rate on sportsbook operators: 34% plus 2% local tax.

Rhode Island sports betting totals

Rhode Island was quick to legalize sports betting after PASPA fell, but there’s no competition in the market — the state Lottery is the regulator and has a monopoly. Sports betting is available in person at two casinos, and online through a lottery-run platform, Sportsbook RI, which is associated with both Bally’s Twin River and Bally’s Tiverton. The deal for the casinos is that they pay the state 51% of gross gaming revenue, while the state provides more support and equipment than regulators do in other states. Essentially, the casinos and online books are Lottery outposts.

Month	Number of Casinos (Number Online)	Total Handle	Mobile Handle	Mobile Handle Percentage	Sportsbook Revenue	Win Rate	State Taxes
Nov-18	1 (0 Mobile)	$682,714	0	0	$72,997	10.69%	$37,228
Dec-18	2 (0 Mobile)	$13,087,999	0	0	$957,913	7.32%	$488,536
Jan-19	2 (0 Mobile)	$19,051,125	0	0	$159,978	0.84%	$81,589
Feb-19	2 (0 Mobile)	$20,686,618	0	0	($890,623)	-4.31%	$0
Mar-19	2 (0 Mobile)	$23,582,716	0	0	$1,548,230	6.57%	$789,597
Apr-19	2 (0 Mobile)	$16,859,818	0	0	$1,970,110	11.69%	$1,004,756
May-19	2 (0 Mobile)	$18,900,152	0	0	$899,165	4.76%	$458,574
Jun-19	2 (0 Mobile)	$14,736,667	0	0	$2,149,999	14.59%	$1,096,499
Jul-19	2 (0 Mobile)	$8,321,947	0	0	$827,579	9.94%	$422,065
Aug-19	2 (0 Mobile)	$10,060,066	0	0	$851,788	8.47%	$434,412
Sep-19	2 (1 Mobile)	$22,195,789	$3,292,636	14.83%	$2,516,060	11.34%	$1,283,190
Oct-19	2 (1 Mobile)	$28,281,025	$5,862,603	20.73%	$2,457,137	8.69%	$1,253,139
Nov-19	2 (1 Mobile)	$31,465,062	$8,353,409	26.55%	$2,745,518	8.73%	$1,400,214
Dec-19	2 (1 Mobile)	$31,670,511	$8,751,004	27.63%	$2,571,755	8.12%	$1,311,595
Jan-20	2 (1 Mobile)	$26,939,692	$7,798,844	28.94%	$3,279,241	12.17%	$1,672,413
Feb-20	2 (1 Mobile)	$28,147,862	$8,465,930	30.07%	$2,323,432	8.25%	$1,184,950
Mar-20	2 (1 Mobile)	$8,949,157	$3,064,736	34.24%	$841,767	9.40%	$429,301
Apr-20	2 (1 Mobile)	$591,377	$589,260	99.64%	$27,381	4.63%	$13,964
May-20	2 (1 Mobile)	$1,533,114	$1,530,671	99.84%	$163,472	10.66%	$83,371
June-20	2 (1 Mobile)	$2,032,803	$2,100,736	103.34%	$101,328	4.98%	$51,677
July-20	2 (1 Mobile)	$6,738,626	$4,402,795	65.34%	$351,425	5.22%	$179,227
Aug-20	2 (1 Mobile)	$23,116,965	$10,436,956	45.15%	$1,423,391	6.16%	$725,929
Sep-20	2 (1 Mobile)	$31,293,150	$14,091,055	45.03%	$2,352,788	7.52%	$1,199,922
Oct-20	2 (1 Mobile)	$34,704,413	$15,369,112	44.29%	$4,388,841	12.65%	$2,238,809
Nov-20	2 (1 Mobile)	$35,098,445	$15,699,743	44.73%	$6,281,321	17.90%	$3,203,474
Dec-20	2 (1 Mobile)	$22,770,472	$18,339,059	80.54%	$2,533,090	11.12%	$1,291,876
Jan-21	2 (1 Mobile)	$39,817,327	$21,885,438	54.96%	$3,717,200	9.34%	$1,895,772
Feb-21	2 (1 Mobile)	$34,110,104	$17,819,685	52.24%	$1,555,824	4.56%	$793,470
Mar-21	2 (1 Mobile)	$38,583,919	$21,209,577	54.97%	$3,976,140	10.31%	$2,027,831
Apr-21	2 (1 Mobile)	$29,040,966	$16,101,614	55.44%	$3,168,532	10.91%	$1,615,951
May-21	2 (1 Mobile)	$28,252,139	$14,615,837	51.73%	$2,772,910	9.81%	$1,414,184
Jun-21	2 (1 Mobile)	$29,468,571	$14,629,766	49.65%	$3,666,029	12.44%	$1,869,675
Jul-21	2 (1 Mobile)	$22,095,960	$11,099,005	50.23%	$3,263,276	14.77%	$1,664,271
Aug-21	2 (1 Mobile)	$24,042,834	$11,826,464	49.19%	$1,129,859	4.70%	$576,228
Sep-21	2 (1 Mobile)	$41,203,997	$21,061,207	51.11%	$4,012,295	9.74%	$2,046,270
Oct-21	2 (1 Mobile)	$60,158,844	$31,148,299	51.78%	$3,608,570	6.00%	$1,840,371
Nov-21	2 (1 Mobile)	$52,747,831	$28,710,473	54.43%	$6,703,144	12.71%	$3,418,603
Dec-21	2 (1 Mobile)	$54,935,498	$30,969,425	56.37%	$1,177,717	2.14%	$600,636
Jan-22	2 (1 Mobile)	$58,614,487	$33,497,538	57.15%	$5,228,277	8.92%	$2,666,421
Feb-22	2 (1 Mobile)	$42,143,261	$23,388,154	55.50%	$3,566,393	8.46%	$1,818,860
Mar-22	2 (1 Mobile)	$45,766,958	$27,095,882	59.20%	$3,738,223	8.17%	$1,906,494
Apr-22	2 (1 Mobile)	$40,186,632	$25,462,741	63.36%	$2,632,134	6.55%	$1,342,404
May-22	2 (1 Mobile)	$41,103,489	$25,302,131	61.56%	$2,336,733	5.68%	$1,191,734
June-22	2 (1 Mobile)	$34,229,823	$20,910,117	61.09%	$2,352,896	6.87%	$1,199,977
July-22	2 (1 Mobile)	$25,208,531	$16,022,654	63.56%	$2,872,076	11.39%	$1,464,759
Aug-22	2 (1 Mobile)	$27,744,694	$17,853,261	64.35%	$3,000,421	10.81%	$1,530,215
Sep-22	2 (1 Mobile)	$41,670,257	$26,821,742	64.37%	$6,361,823	15.27%	$3,244,530
Oct-22	2 (1 Mobile)	$55,527,937	$34,322,050	61.81%	$6,156,914	11.09%	$3,140,026
Nov-22	2 (1 Mobile)	$61,208,319	$37,008,207	60.46%	$4,862,856	7.94%	$2,480,057
Dec-22	2 (1 Mobile)	$59,205,426	$36,720,493	62.02%	$6,189,316	10.45%	$3,156,551
Jan-23	2 (1 Moble)	$62,317,384	$37,474,108	60.13%	$5,164,799	8.29%	$2,634,047
Feb-23	2 (1 Mobile)	$43,065,996	$28,452,857	66.07%	$3,612,113	8.39%	$1,842,178
Mar-23	2 (1 Mobile)	$41,546,643	$30,024,529	72.27%	$3,968,567	9.55%	$2,023,969
Apr-23	2 (1 Mobile)	$37,496,094	$27,529,845	73.42%	$3,009,679	8.03%	$1,534,936
May-23	2 (1 Mobile)	$30,754,497	$22,381,893	72.78%	$3,898,405	12.68%	$1,988,187
Jun-23	2 (1 Mobile)	$23,723,659	$17,272,864	72.81%	$1,783,530	7.52%	$909,600
Jul-23	2 (1 Mobile)	$20,238,844	$15,379,475	75.99%	$1,896,983	9.37%	$967,461
Totals	2 (1 Mobile)	$1,727,709,205	$872,145,880	55.14%*	$154,288,714	8.93%	$79,141,459
*Mobile percentage is based on mobile handle versus overall handle when mobile became available

Note: Rhode Island’s cumulative mobile handle percentage is based on total dollars (retail and mobile) wagered in legal markets.

Rhode Island market snapshot

Legalization date: June 22, 2018
Legal B&M sportsbooks first launched: Nov. 26, 2018
Legal mobile sportsbooks first launched: Sept. 4, 2019
Regulator: Rhode Island Lottery
Biggest monthly handle to date: $62,317,384 (Jan. ’23)
Biggest monthly gross revenue to date: $6,703,144 (Nov. ’21)
Number of B&M sportsbooks operating: 2
Number of online sportsbooks operating: 1
Tax rate on sportsbook operators: Rhode Island uses a revenue-sharing model that splits revenue between state (51%), tech supplier IGT (32%) and oddsmaker/risk-manager Caesars Sportsbook (formerly William Hill) (17%).

South Dakota sports betting totals

South Dakota executed a quick turnaround to launch sports betting in September 2021 just before the start of the NFL season. Voters had approved sports wagering on a retail-only basis the previous November for casinos in Deadwood — the town made famous by the HBO series and lead character Al Swearengen. Governor Kristi Noem signed SB 44 into law in March, creating a framework for sports wagering, and rules were approved in August before a slight tweaking the day before launch. Mobile wagering is allowed through an operator app, but only on the physical grounds of the casino.

Date	Casinos	Handle	Sportsbook Revenue	Win Rate	State Taxes
Sep-21	4	$443,365	$71,320	16.09%	$6,419
Oct-21	4	$815,037	$98,037	12.03%	$8,823
Nov-21	4	$717,775	$74,919	10.44%	$6,743
Dec-21	5	$675,312	$10,306	1.53%	$928
Jan-22	5	$835,252	$82,291	9.85%	$7,406
Feb-22	5	$685,631	$71,807	10.47%	$6,463
Mar-22	5	$975,347	$32,389	3.32%	$2,915
Apr-22	6	$368,517	($13,735)	(3.73%)	$0
May-22	6	$307,995	$25,102	8.15%	$2,259
Jun-22	7	$301,217	$27,869	9.25%	$2,508
Jul-22	7	$259,180	$16,143	6.23%	$1,453
Aug-22	7	$266,673	$59,053	22.14%	$5,315
Sep-22	7	$711,577	$211,612	29.74%	$19,045
Oct-22	7	$862,170	$131,749	15.28%	$11,857
Nov-22	7	$861,660	$75,856	8.80%	$6,827
Dec-22	6	$757,610	$151,374	19.98%	$13,624
Jan-23	6	$910,311	$123,365	13.55%	$11,103
Feb-23	6	$717,137	$82,853	11.55%	$7,457
Mar-23	8	$923,904	$161,368	17.47%	$14,523
Apr-23	8	$493,045	$22,503	4.56%	$2,025
May-23	8	$528,562	$22,536	4.26%	$2,028
Jun-23	8	$417,025	($9,254)	(2.22%)	$0
Jul-23	7	$413,368	$20,087	4.86%	$1,808
TOTALS		$14,247,670	$1,549,550	10.88%	$141,529

South Dakota market snapshot

Legalization date: March 19, 2021
Legal B&M sportsbooks first launched: Sept. 9, 2021
Legal mobile sportsbooks first launched: N/A
Regulator: South Dakota Commission on Gaming
Biggest monthly handle to date: $975,347 (March ’22)
Biggest monthly gross revenue to date: $211,612 (Sep. ’22)
Number of B&M sportsbooks operating: 8
Number of online sportsbooks operating: N/A
Tax rate on sportsbook operators: 9%

Tennessee sports betting totals

Tennessee market snapshot

Tennessee was the first state to offer exclusively online sports wagering, later to be joined by both Virginia and Wyoming. Sports betting became law in May 2019 when Gov. Bill Lee opted not to sign the Sports Gaming Act after it had been approved by legislature. Rick Staples had pre-filed House Bill 1 in November 2018, and it successfully navigated both bodies of legislature in the Volunteer State. Given its unprecedented status as an online-only market, the Tennessee Education Lottery Corporation took a deliberate pace in crafting its sports wagering rules. In May 2023, state legislatures did away with the much-derided 10% minimum hold effective July 1, 2023, and opted to change how it taxes sports wagering — opting to levy a percentage of the handle as opposed to operator revenue. The Volunteer State went live with four operators on Nov. 1, 2020, with one of them — Tennessee Action 24/7 — a local outfit that operates exclusively inside Tennessee’s borders.

Month	Number of Operators	Handle	Gross Sportsbook Revenue	Gross Win Rate	Adjusted Sportsbook Revenue	Adjusted Win Rate	Taxes
Nov-20	4	$130,809,000	$12,577,000	9.61%	$11,819,590	9.04%	$2,363,918
Dec-20	4	$180,968,000	$13,931,000	7.70%	$13,931,000	7.70%	$3,080,000
Jan-21	4	$211,316,000	$20,861,000	9.87%	$20,868,000	9.88%	$4,300,000
Feb-21	5	$176,292,000	$12,944,000	7.34%	$13,000,000	7.37%	$2,600,000
Mar-21	7	$205,955,000	$17,980,000	8.73%	$16,100,000	7.82%	$3,200,000
Apr-21	7	$172,432,000	$15,532,000	9.01%	$14,400,000	8.35%	$2,800,000
May-21	7	$160,940,000	$15,373,000	9.55%	$13,700,000	8.51%	$2,740,000
Jun-21	7	$174,543,000	$18,342,000	10.51%	$16,100,000	9.22%	$3,220,000
Jul-21	7	$144,559,000	$15,172,000	10.50%	$13,400,000	9.27%	$2,680,000
Aug-21	7	$144,509,000	$13,154,000	9.10%	$10,100,000	6.99%	$2,020,000
Sep-21	7	$257,348,000	$25,577,000	9.94%	$16,600,000	6.45%	$3,320,000
Oct-21	8	$375,330,000	$22,908,000	6.10%	$17,200,000	4.58%	$3,440,000
Nov-21	9	$365,697,000	$36,920,000	10.10%	$29,600,000	8.09%	$5,920,000
Dec-21	9	$341,791,900	$24,618,100	7.20%	$16,500,000	4.83%	$3,300,000
Jan-22	9	$386,059,756	$36,249,453	9.39%	$29,087,518	7.53%	$5,817,504
Feb-22	9	$313,298,305	$20,945,018	6.69%	$15,132,871	4.83%	$3,026,574
Mar-22	9	$370,230,004	$26,520,468	7.16%	$22,751,210	6.15%	$4,550,242
Apr-22	9	$292,796,670	$27,142,800	9.27%	$23,245,647	7.94%	$4,649,129
May-22	9	$261,582,468	$27,315,928	10.44%	$23,832,288	9.11%	$4,766,458
Jun-22	14	$215,774,186	$15,855,649	7.35%	$12,798,246	5.93%	$2,559,649
Jul-22	13	$182,769,323	$18,174,226	9.94%	$18,344,020	10.04%	$3,668,804
Aug-22	13	$205,863,860	$27,200,883	13.21%	$24,379,237	11.84%	$4,875,847
Sep-22	13	$336,933,437	$46,285,200	13.74%	$43,584,813	12.94%	$8,716,963
Oct-22	13	$405,337,574	$37,295,158	9.20%	$34,798,407	8.59%	$6,989,818
Nov-22	13	$439,456,908	$47,248,222	10.75%	$45,150,107	10.27%	$9,030,021
Dec-22	13	$440,445,414	$49,176,885	11.17%	$46,968,124	10.66%	$9,401,952
Jan-23	13	$410,773,606	$41,392,586	10.08%	$36,347,994	8.85%	$7,269,600
Feb-23	13	$327,326,201	$33,943,931	10.37%	$31,844,712	9.73%	$6,380,150
Mar-23	13	$392,667,304	$45,506,700	11.59%	$43,734,787	11.14%	$8,752,898
Apr-23	13	$318,416,216	$34,257,592	10.76%	$32,178,267	10.11%	$6,435,653
May-23	13	$279,794,996	$37,097,192	13.26%	$35,725,385	12.77%	$7,145,077
Jun-23	13	$230,337,515	$25,526,655	11.08%	$23,143,350	10.05%	$4,635,761
Jul-23	13	$214,114,055	N/A	N/A	N/A	N/A	$3,951,411
Aug-23	13	$241,827,308	N/A	N/A	N/A	N/A	$4,462,942
TOTALS	13	$9,308,295,006	$863,023,646	-	$766,365,573	-	$162,070,371
*The TN Sports Wagering Council stopped publishing revenue totals after changing method of taxation in July 2023

Legalization date: April 2019
Tennessee legal retail sportsbooks first launched: N/A
Tennessee legal mobile sportsbooks first launched: Nov. 1, 2020
Regulator: Tennessee Sports Wagering Advisory Council
Biggest monthly handle to date: $440,445,414 (Dec. ’22)
Biggest monthly gross revenue to date: $49,176,885 (Dec. ’22)
Number of brick-and-mortar sportsbooks operating: N/A
Number of online sportsbooks operating: 13
Fun Fact: Tennessee is the only state with commercial sports wagering to generate its tax revenue via a percentage of handle.
Tax rate on sportsbook operators: 1.85% tax on operator handle as of July 1, 2023 (was originally 20% on AGR from launch through June 30, 2023).

Virginia sports betting totals

Virginia market snapshot

Virginia put together a fairly quick timeline in moving from legalized sports betting in March 2020 to accepting its first wagers in January 2021. It joined Tennessee (and later Wyoming) as the only states to conduct digital-only sports betting as four operators went live during the first month of the year. In its initial revenue report, Virginia showed promise with upside as it generated nearly $59 million in handle in just 11 days — and delivered on that potential by clearing $3 billion in wagers in its first full year. More operators have since entered the market, creating robust competition for lovers in Virginia who also love betting.

Month	Number of Operators	Handle	Gross Sportsbook Revenue	Gross Win Rate	Adjusted Sportsbook Revenue	Adjusted Win Rate	State Taxes
Jan-21	4	$58,896,564	$3,586,078	6.09%	($3,235,612)	-5.49%	$39,710
Feb-21	5	$265,778,407	$12,238,880	4.60%	($3,231,752)	-1.22%	$300,594
Mar-21	7	$304,066,246	$26,573,879	8.74%	$13,845,012	4.55%	$1,183,531
Apr-21	7	$236,432,524	$19,442,318	8.22%	$11,380,137	4.81%	$1,652,148
May-21	7	$226,963,573	$23,173,549	10.21%	$15,663,201	6.90%	$2,381,082
Jun-21	7	$234,943,435	$22,006,296	9.37%	$14,896,898	6.34%	$2,273,995
Jul-21	7	$161,901,955	$19,965,556	12.33%	$12,691,020	7.84%	$1,864,433
Aug-21	7	$182,418,852	$17,967,427	9.85%	$8,688,064	4.76%	$1,378,540
Sep-21	9	$293,851,531	$30,929,243	10.53%	$10,334,395	3.52%	$1,557,499
Oct-21	9	$427,320,306	$30,160,385	7.06%	$9,785,700	2.29%	$1,746,204
Nov-21	10	$402,621,132	$48,337,037	12.01%	$29,926,697	7.43%	$4,233,167
Dec-21	10	$426,596,891	$31,515,015	7.39%	$10,123,398	2.37%	$1,729,130
Jan-22	11	$485,544,417	$39,050,067	8.04%	$18,220,567	3.75%	$2,876,609
Feb-22	11	$401,889,135	$27,498,133	6.84%	$7,884,250	1.96%	$1,406,280
Mar-22	12	$469,484,017	$33,700,016	7.18%	$14,324,441	3.05%	$2,116,289
Apr-22	12	$399,478,366	$36,275,264	9.08%	$20,761,381	5.20%	$3,040,327
May-22	13	$351,452,931	$42,537,524	12.10%	$27,524,327	7.83%	$3,896,270
Jun-22	13	$295,235,271	$25,965,182	8.79%	$12,984,884	4.40%	$1,871,961
Jul-22	13 (1 retail)	$266,001,583	$26,024,408	9.78%	$21,398,776	8.04%	$3,060,304
Aug-22	13 (1 retail)	$284,671,331	$36,978,897	12.99%	$31,442,959	11.05%	$4,474,131
Sep-22	13 (1 retail)	$411,273,323	$53,822,282	13.09%	$48,392,691	11.77%	$7,257,403
Oct-22	13 (1 retail)	$528,029,938	$51,164,199	9.69%	$45,532,999	8.62%	$6,956,643
Nov-22	13 (1 retail)	$518,818,987	$57,531,255	11.09%	$52,825,450	10.18%	$7,782,639
Dec-22	14 (1 retail)	$503,075,150	$50,687,278	10.08%	$47,020,497	9.35%	$7,026,829
Jan-23	14 (2 retail)	$513,154,592	$49,721,327	9.69%	$42,127,492	8.21%	$6,368,899
Feb-23	14 (2 retail)	$433,807,108	$39,766,908	9.17%	$28,385,249	6.54%	$4,682,125
Mar-23	14 (2 retail)	$511,614,541	$55,258,910	10.80%	$47,651,362	9.31%	$7,413,213
Apr-23	14 (2 retail)	$425,982,859	$45,121,878	10.59%	$38,932,367	9.14%	$5,799,965
May-23	14 (2 retail)	$403,719,160	$48,144,550	11.93%	$42,547,380	10.54%	$6,285,305
Jun-23	14 (3 retail)	$325,455,052	$32,668,024	10.04%	$26,434,330	8.12%	$3,939,701
Jul-23	14 (3 retail)	$293,611,789	$32,471,396	11.06%	$28,210,927	9.61%	$4,115,218
TOTALS	14 (3 retail)	$11,004,090,966	$1,070,283,161	9.69%	$733,469,487	6.64%	$110,710,144

Legalization date: April 22, 2020
Virginia legal retail sportsbooks first launched: July 2022 (Hard Rock Bristol)
Virginia legal mobile sportsbooks first launched: Jan. 21, 2021
Regulator: Virginia Lottery
Biggest monthly handle to date: $528,029,938 (Oct. ’22)
Biggest monthly gross revenue to date: $57,531,255 (Nov. ’22)
Number of brick-and-mortar sportsbooks operating: 3
Number of online sportsbooks operating: 14
Tax rate on sportsbook operators: 15% on adjusted gross revenue

West Virginia sports betting totals

West Virginia market snapshot

West Virginia is another state that legalized in anticipation of the fall of PASPA, but it did so with lots of plot twists and intrigue. Gov. Jim Justice is a part-owner of The Greenbrier Resort, which hosts a PGA Tournament and now offers retail and digital sports betting. Justice pushed for a payout (“integrity fee“) to the leagues to no avail. The state’s first digital sportsbook went live in December 2018, only to be shut down ahead of March Madness in 2019 due to a contract dispute. After the rocky start, eight mobile books are currently operating, including industry leaders FanDuel, DraftKings, and Caesars.

Month	Total Handle	Mobile Handle	Mobile Handle Percentage	Sportsbook Revenue	Win Rate	State Taxes Collected
Sep-18	$7,322,255	-	0.00%	$2,129,236	29.08%	$180,985
Oct-18	$9,735,875	-	0.00%	$1,010,246	10.38%	$85,871
Nov-18	$12,610,479	-	0.00%	$641,583	5.09%	$54,535
Dec-18	$16,757,253	-	0.00%	$2,766,944	16.51%	$235,190
Jan-19	$17,808,457	-	0.00%	$802,167	4.50%	$68,184
Feb-19	$17,434,692	-	0.00%	$371,277	2.13%	$31,559
Mar-19	$17,648,634	-	0.00%	$2,341,399	13.27%	$199,019
Apr-19	$10,334,722	-	0.00%	$554,881	5.37%	$47,165
May-19	$8,667,939	-	0.00%	$615,153	7.10%	$52,288
Jun-19	$9,671,070	-	0.00%	$701,140	7.25%	$59,597
Jul-19	$5,851,318	-	0.00%	$682,214	11.66%	$57,988
Aug-19	$12,656,911	-	6.52%	$1,549,585	12.24%	$131,715
Sept 19	$25,620,077	$9,064,094	36.67%	$3,755,760	14.66%	$319,240
Oct-19	$28,971,261	$12,674,866	43.75%	$4,573,240	15.79%	$388,725
Nov-19	$41,019,717	$20,136,031	49.09%	$872,645	2.13%	$74,175
Dec-19	$30,342,333	$13,975,747	46.06%	$2,322,914	7.66%	$197,448
Jan-20	$35,398,396	$19,738,097	55.76%	$2,203,189	6.22%	$187,271
Feb-20	$48,474,168	$32,314,731	66.66%	$821,614	1.69%	$69,837
Mar-20	$14,705,300	$10,232,154	69.58%	$1,101,454	7.49%	$93,623
April-20	$1,901,698	$1,901,698	100.00%	$124,415	6.54%	$10,575
May-20	$6,035,532	$6,035,532	100.00%	$571,831	9.47%	$48,606
June-20	$6,338,619	$5,742,051	90.59%	$567,836	8.96%	$48,266
July-20	$10,384,818	$7,791,115	75.02%	$1,212,678	11.68%	$103,078
Aug-20	$45,897,001	$34,490,068	75.14%	$2,337,229	5.09%	$198,664
Sep-20	$64,433,458	$50,982,780	79.12%	$4,119,539	6.39%	$350,161
Oct-20	$57,150,986	$34,914,446	61.09%	$4,227,050	7.40%	$359,299
Nov-20	$48,532,442	$28,410,229	58.54%	$4,407,576	9.08%	$374,644
Dec-20	$53,236,336	$32,801,905	61.62%	$4,761,108	8.94%	$404,694
Jan-21	$67,598,350	$42,896,627	63.45%	$5,681,382	8.40%	$482,917
Feb-21	$38,212,775	$27,092,649	70.90%	$1,364,161	3.57%	$115,954
Mar-21	$42,751,230	$32,279,319	75.51%	$3,889,447	9.10%	$330,603
Apr-21	$28,075,235	$20,899,851	74.44%	$2,197,505	7.83%	$186,788
May-21	$31,858,948	$23,118,785	72.57%	$3,334,580	10.47%	$283,439
Jun-21	$29,923,766	$20,562,105	68.71%	$3,466,223	11.58%	$294,629
Jul-21	$21,290,275	$15,578,482	73.17%	$2,295,743	10.78%	$195,138
Aug-21	$22,350,089	$16,610,565	74.32%	$1,993,383	8.92%	$169,438
Sep-21	$45,731,107	$34,618,300	75.70%	$6,018,958	13.16%	$511,611
Oct-21	$76,021,064	$58,936,442	77.53%	$3,789,330	4.98%	$322,093
Nov-21	$83,097,858	$68,177,843	82.05%	$6,284,869	7.56%	$534,214
Dec-21	$57,598,451	$45,759,723	79.45%	$5,148,245	8.94%	$437,601
Jan-22	$75,812,782	$62,141,388	81.97%	$5,127,142	6.76%	$435,807
Feb-22	$49,271,583	$41,234,097	83.69%	$1,954,999	3.97%	$166,175
Mar-22	$51,713,269	$42,170,220	81.55%	$3,384,270	6.54%	$287,663
Apr-22	$45,633,710	$37,890,540	83.03%	$3,033,505	6.65%	$257,848
May-22	$37,283,884	$31,938,968	85.66%	$3,415,583	9.16%	$290,325
Jun-22	$28,329,552	$22,992,730	81.16%	$2,390,478	8.44%	$203,191
Jul-22	$25,017,812	$21,023,633	84.03%	$2,616,578	10.46%	$222,409
Aug-22	$23,099,016	$18,820,125	81.48%	$2,899,582	12.55%	$246,464
Sep-22	$45,899,185	$36,845,835	80.28%	$6,444,274	14.04%	$547,763
Oct-22	$62,979,279	$51,677,728	82.06%	$6,720,472	10.67%	$571,240
Nov-22	$69,848,040	$60,806,491	87.06%	$5,017,554	7.18%	$426,492
Dec-22	$65,959,802	$57,079,968	86.54%	$8,690,853	13.18%	$738,723
Jan-23	$44,774,915	$38,450,605	85.88%	$3,658,913	8.17%	$311,008
Feb-23	$39,758,197	$35,443,679	89.15%	$2,788,228	7.01%	$236,999
Mar-23	$43,069,841	$38,295,725	88.92%	$4,209,826	9.77%	$357,835
Apr-23	$46,765,566	$42,987,808	91.92%	$3,494,508	7.47%	$297,033
May-23	$31,910,389	$29,024,310	90.96%	$3,464,247	10.86%	$294,461
Jun-23	$28,049,468	$25,048,483	89.30%	$2,610,087	9.31%	$221,857
Jul-23	$20,903,045	$18,660,926	89.27%	$2,511,985	12.02%	$213,519
Aug-23	$19,917,306	$17,632,327	88.53%	$2,337,103	11.73%	$198,654
Total	$2,065,947,534	$1,458,727,766	-	$174,379,916	8.44%	$14,822,294

Legalization date: March 2, 2018
West Virginia legal retail sportsbooks first launched: Aug. 30, 2018
West Virginia legal mobile sportsbooks first launched: Aug. 26, 2019
Regulator: West Virginia Lottery
Biggest monthly handle to date: $83,097,858 (Nov. ’21)
Biggest monthly gross revenue to date: $8,690,853 (Dec. ’22)
Number of brick-and-mortar sportsbooks operating: 5
Number of online sportsbooks operating: 8
Tax rate on sportsbook operators: 10%

Wyoming Sports Betting Totals

Wyoming market snapshot

Wyoming was the first state to legalize sports betting in 2021 when Gov. Mark Gordon signed HB 133 into law in early April. The Equality State was fairly quick to get to market, accepting its first wagers in September as DraftKings and BetMGM were the first sportsbooks to operate in-state. A fully digital state, Wyoming also became the first state to allow bettors to fund their accounts via cryptocurrency, and operators are required to have a reserve account that is in a bank in the state or chartered by the state. Big Wyoming has a 10% tax rate on revenue and allows wagering on professional, college, and Olympic sports.

Month	Handle	Gross Gaming Revenue	Gross Win Rate	Adjusted Gaming Revenue	Adjusted Win Rate	Taxes
Sep-21	$6,239,0952	$955,467	15.31%	($121,390)	-1.95%	$0
Oct-21	$10,847,657	$881,200	8.12%	$160,212	1.48%	$16,021
Nov-21	$10,973,008	$1,363,696	12.43%	$864,987	7.88%	$86,499
Dec-21	$12,285,012	$813,504	6.62%	$217,917	1.77%	$21,792
Jan-22	$13,977,632	$1,098,460	7.86%	$465,652	3.33%	$46,565
Feb-22	$10,301,603	$722,631	7.01%	$188,236	1.83%	$18,824
Mar-22	$12,704,938	$1,101,236	8.67%	$324,150	2.55%	$44,806
Apr-22	$9,995,920	$1,007,796	10.08%	$544,798	5.45%	$51,187
May-22	$9,340,833	$1,011,714	10.83%	$531,632	5.69%	$53,163
Jun-22	$7,322,852	$673,269	9.19%	$380,361	5.19%	$38,036
Jul-22	$7,246,352	$680,740	9.39%	$383,655	5.29%	$38,365
Aug-22	$10,990,904	$1,237,815	11.26%	$856,718	7.79%	$85,672
Sep-22	$13,575,173	$1,932,519	14.24%	$1,155,496	8.51%	$11,550
Oct-22	$17,275,317	$2,039,620	11.81%	$1,158,928	6.71%	$115,893
Nov-22	$16,702,867	$1,478,158	8.85%	$1,000,086	5.99%	$100,009
Dec-22	$15,087,739	$1,803,272	11.95%	$1,333,144	8.84%	$135,101
Jan-23	$14,339,351	$1,587,273	11.07%	$922,899	6.44%	$94,081
Feb-23	$11,591,163	$1,105,841	9.54%	$560,866	4.84%	$54,296
Mar-23	$14,777,639	$1,837,412	12.43%	$1,306,771	8.84%	$130,677
Apr-23	$12,623,675	$1,264,212	10.01%	$828,478	6.56%	$82,848
May-23	$12,778,371	$1,306,929	10.23%	$814,480	6.37%	$81,448
Jun-23	$9,483,450	$775,389	8.18%	$351,306	3.70%	$37,705
Jul-23	$8,145,480	$998,740	12.26%	$683,634	8.39%	$68,363
TOTALS	$268,605,988	$27,676,893	10.30%	$14,913,016	5.55%	$1,516,901

Legalization date: April 5, 2021
Wyoming legal retail sportsbooks first launched: N/A
Wyoming legal mobile sportsbooks first launched: Sept. 1, 2021
Regulator: Wyoming Gaming Commission
Biggest monthly handle to date: $17,275,317 (Oct. ’22)
Biggest monthly gross revenue to date: $2,039,620 (Oct. ’22)
Number of brick-and-mortar sportsbooks operating: N/A
Number of online sportsbooks operating: 4 (DraftKings, BetMGM, FanDuel, Caesars)
Tax rate on sportsbook operators: 10%

Chris Altruda

Chris Altruda was a sportswriter with ESPN, The Associated Press, and STATS for more than two decades before coming to Better Collective in 2019. When not crunching sports betting revenue figures, he is usually listening to Iron Maiden or exploring Chicago neighborhoods. His Twitter handle is @AlTruda73 and can be reached via email at [email protected]

Legal US Sports Betting Revenue, Handle And Tax Totals Since PASPA Repeal