Legal US Sports Betting Revenue, Handle And State Tax Database

September 23, 2022

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 more than 25 states and counting as of 2022 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	Promotional Deductions/Fees	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	$5,479,725,241	$440,012,075	8.03%	$312,551,222	5.70%	$127,460,853	$49,424,501
Oct-2021	24	$7,549,015,866	$446,890,754	5.92%	$334,338,789	4.43%	$112,551,965	$53,802,385
Nov-2021	25	$7,402,684,743	$723,335,319	9.77%	$614,358,781	8.30%	$108,976,538	$96,983,106
Dec-2021	26	$7,328,172,806	$375,176,988	5.12%	$259,156,688	3.54%	$116,020,300	$39,848,023
2021 TOTALS		$57,754,307,272	$4,343,924,377	7.52%	$3,540,563,693	6.13%	$803,360,684	$562,278,829

Jan-2022	26	$9,836,753,021	$648,933,458	6.60%	$524,630,037	5.33%	$124,303,421	$128,614,663
Feb-2022	26	$7,924,344,380	$387,507,164	4.89%	$262,989,268	3.32%	$124,517,896	$73,501,316
Mar-2022	26	$9,258,701,484	$603,014,601	6.51%	$506,830,131	5.47%	$96,184,470	$118,485,023
Apr-2022	26	$7,489,681,875	$528,115,924	7.05%	$452,152,428	6.04%	$75,963,496	$110,524,256
May-2022	26	$6,682,076,493	$608,526,681	9.11%	$538,918,627	8.07%	$69,608,054	$122,122,714
Jun-2022	26	$5,479,562,767	$332,891,511	6.07%	$276,581,734	5.05%	$56,309,777	$71,003,061
Jul-2022	26	$4,531,064,305	$405,233,064	8.94%	$369,996,994	8.17%	$35,236,070	$83,937,909
Aug-2022	26	$2,955,511,321	$339,820,080	11.50%	$319,162,205	10.80%	$20,657,875	$89,614,031
2022 TOTALS		$54,157,695,376	$3,854,042,483	7.12%	$3,251,261,424	6.00%	$602,781,059	$797,802,973

OVERALL TOTALS		$151,214,698,948	$11,000,132,918	7.27%	$9,419,606,728	6.23%	$1,580,526,190	$1,768,590,024

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	$5,073,203,347	7.44%	$377,444,755	$180,768,233	$18,479,231	September 2021
Arkansas	$186,755,899	10.50%	$19,603,015	$19,603,015	$2,803,165	July 2019
Colorado	$7,877,388,468	6.17%	$485,675,427	$195,742,234	$22,010,675	May 2020
Connecticut	$1,236,325,005	7.88%	$97,373,663	$76,270,906	$10,506,548	October 2021
Delaware	$501,018,237	19.77%	$99,076,049	$73,956,730	$50,688,021	June 2018
District of Columbia	$414,410,106	12.57%	$52,074,108	$52,074,108	$5,203,533	May 2020
Illinois	$14,171,629,615	7.32%	$1,039,358,503	$1,037,892,051	$155,683,808	March 2020
Indiana	$8,789,427,448	7.88%	$692,249,549	$692,249,549	$65,763,713	September 2019
Iowa	$4,260,534,881	6.32%	$269,243,360	$269,243,360	$19,266,695	August 2019
Louisiana	$1,386,421,111	10.74%	$148,870,863	$124,880,446	$18,117,046	November 2021
Maryland	$208,904,577	11.93%	$24,912,031	$24,390,071	$3,659,080	December 2021
Michigan	$7,030,380,733	8.27%	$581,499,158	$290,961,390	$16,144,762	March 2020
Mississippi	$1,760,553,922	11.20%	$197,200,889	$197,200,889	$23,671,577	August 2018
Montana	$95,969,274	14.26%	$13,689,668	$13,689,668	$13,689,943	March 2020
Nevada	$25,565,766,111	5.62%	$1,437,878,000	$1,437,878,000	$97,089,379	1975
New Hampshire	$1,534,974,608	6.77%	$103,844,749	$103,844,749	$48,144,936	December 2019
New Jersey	$29,643,617,179	6.84%	$2,026,982,480	$2,026,982,480	$252,973,364	June 2018
New York	$10,634,076,681	7.76%	$824,786,904	$824,786,904	$402,450,399	June 2019
Oregon	$888,946,153	8.93%	$79,553,456	$79,553,456	$79,553,456	August 2019
Pennsylvania	$15,905,709,185	7.60%	$1,208,959,353	$819,412,433	$280,626,908	November 2018
Rhode Island	$1,223,209,455	8.53%	$104,383,308	$104,383,308	$53,689,702	November 2018
South Dakota	$6,384,628	7.78%	$496,448	$496,448	$45,917	September 2021
Tennessee	$5,270,864,472	8.95%	$465,293,525	$392,889,627	$78,898,125	November 2020
Virginia	$5,890,877,136	8.78%	$516,946,257	$253,965,784	$38,608,073	January 2021
West Virginia	$1,546,112,501	7.92%	$122,431,866	$122,431,866	$10,406,710	August 2018
Wyoming	$111,238,276	9.26%	$10,305,513	$4,059,021	$415,258	September 2021
Totals	$151,214,698,948	7.2745%	$11,000,132,917	$9,419,606,726	$1,768,590,024

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
June-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
TOTALS	11 (18)	$5,073,203,347	$377,444,775	7.44%	$180,768,233	3.56%	$18,479,231

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: $55,162,888 (May ’22)
Number of brick-and-mortar sportsbooks operating: 12
Number of online sportsbooks operating: 18
Leading sportsbooks (revenue and/or handle): DraftKings, FanDuel, BetMGM
Tax rate on sportsbook operators: 8% on gross revenue; 10% on mobile revenue

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. Oaklawn Sports is expected to launch soon.

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
TOTALS	3 (2 Mobile)	$186,755,899	$19,603,015	10.50%	$2,803,165

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: $12,632,207 (June ’22)
Biggest gross revenue to date: $1,623,435 (Nov. ’21)
Number of brick-and-mortar sportsbooks operating: 3
Number of online sportsbooks operating: 2 (soon to be 3)
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%	$1,092,162
Totals		$7,877,388,468	N/A	$485,675,427	6.17%	$195,742,234	2.48%	$22,010,675

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: $36,781,848 (Nov. ’21)
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 has paired with SugarHouse, run by Rush Street Interactive, for its online sports wagering offerings, 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	$4,903,171	8.97%	$3,730,554	6.83%	$512,951
Nov-21	$131,729,179	$16,330,254	12.40%	$12,451,897	9.45%	$1,712,136
Dec-21	$150,073,755	$8,908,072	5.94%	$6,945,825	4.50%	$929,336
Jan-22	$158,092,481	$10,803,766	6.83%	$8,309,167	5.26%	$1,142,510
Feb-22	$115,619,953	$4,749,489	4.11%	$3,647,385	3.15%	$501,616
Mar-22	$140,747,137	$9,785,420	6.95%	$7,545,967	5.36%	$1,057,570
Apr-22	$116,465,199	$9,235,030	7.93%	$7,187,371	6.17%	$988,263
May-22	$115,180,155	$9,072,274	7.88%	$7,136,757	6.20%	$980,494
Jun-22	$95,421,852	$6,165,570	6.46%	$4,868,746	5.10%	$669,453
Jul-22	$78,316,775	$7,552,694	9.64%	$6,247,888	7.98%	$859,094
Aug-22	$80,037,045	$9,896,262	12.36%	$8,386,361	10.48%	$1,153,125
TOTALS	$1,236,325,005	$97,373,663	7.88%	$76,270,906	6.17%	$10,506,548

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: $158,092,481 (Jan. ’22)
Biggest monthly gross revenue to date: $16,330,254 (Nov. ’21)
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 25% of gross revenue as promotional.

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
Totals	3 (0 Mobile)	$501,018,237	$99,076,049	19.77%	$73,956,730	14.76%	$50,688,021

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
Totals	$414,410,106	$52,074,108	12.57%	$5,203,533

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: 5 (Caesars by William Hill at Capital One Arena, BetMGM at Nationals Park, Grand Central Restaurant, Bar, & Sportsbook, & 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.

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			$46,080,136	8.92%	$6,912,020
TOTALS	11 (7)	$14,171,629,615	$13,080,316,261	95.79%	$1,037,892,051	7.32%	$155,683,808

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: $971,278,389 (Mar. ’22)
Biggest monthly gross revenue to date: $79,327,385 (Nov. ’21)
Number of B&M sportsbooks operating: 7
Number of horse racing tracks operating: 2 and 2 OTB sites
Number of online sportsbooks operating: 7
Leading sportsbooks (revenue and/or handle): DraftKings, FanDuel, BetRivers
Tax rate on sportsbook operators: 15%

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
Totals:	15 (12 Mobile)	$8,789,427,448	$7,699,298,052	87.60%	$692,249,549	7.88%	$65,763,713

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: $47,654,492 (Nov. ’21)
Number of B&M sportsbooks operating: 11, plus 2 racetracks and 3 OTBs
Number of online sportsbooks operating: 13
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
Totals:	19 (17 Mobile)	$4,260,534,881	$3,616,472,509	84.88%	$269,243,360	6.32%	$19,266,695

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: $19,746,266 (Nov. ’21)
Number of brick-and-mortar sportsbooks operating: 19
Number of online sportsbooks operating: 17
Leading sportsbooks (revenue and/or handle): Caesars Sportsbook (formerly William Hill) at Prairie Meadows Racetrack & Casino (and online)
Tax rate on sportsbook operators: 6.75% on gross revenue

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
TOTALS	17 (7)	$1,386,421,111	$1,115,031,728	$148,870,863	10.74%	$124,880,446	9.01%	$18,117,046

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: $238,413,596 (Feb. ’22)
Biggest monthly gross revenue to date: $30,943,063 (Mar. ’22)
Number of brick-and-mortar sportsbooks operating: 17
Number of online sportsbooks operating: 7
Leading sportsbooks (revenue and/or handle): Caesars, DraftKings, and FanDuel
Tax rate on sportsbook operators: 10% on gross revenue

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	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
Totals:	7 (0)	$208,904,577	$24,912,031	11.93%	$24,390,071	11.68%	$3,659,080

Date legalized: November 2020
Maryland legal B&M sportsbooks first launched: Dec. 9, 2021
Maryland online/mobile sportsbooks first launched: TBD
Regulator: Maryland Lottery and Gaming
Biggest monthly handle to date: $32,530,831 (Jan. ’22)
Biggest monthly gross revenue to date: $4,375,316 (Jan. ’22)
Number of brick-and-mortar sportsbooks operating: 7
Number of online sportsbooks operating: 0
Leading sportsbooks (revenue and/or handle): Expected to be FanDuel, BetMGM, Caesars
Tax rate on sportsbook operators: 15% on adjusted revenue

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%	$22,874,582	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
Totals	3 (15)	$7,030,380,7333	$6,401,599,848	91.06%	$581,499,138	8.27%	$290,961,390	4.14%	$16,144,762

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
Total:		$1,760,553,922	$197,200,889	11.20%	$23,671,577

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%
TOTALS	1	$95,969,274	$13,689,668	14.26%	$13,689,943

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: $5,858,764 (Jan. ’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

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
Total	179 (14)	$25,565,766,111	$10,979,873,516	63.74%**	$1,437,878,000	5.62%	$97,089,379
*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 reached a high of $22 million before sports went on hiatus due to the COVID-19 crisis. 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
Total	3 (1)	$1,534,974,608	80.75%	$103,844,749	6.77%	$48,144,936

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: $99,540,825 (Jan. ’22)
Biggest monthly gross revenue to date: $8,029,427 (Jan. ’22)
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
Total	$29,643,617,179	$26,410,866,910	89.09%	$2,026,982,480	6.84%	$252,973,364

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 has six of the 16 $1 billion monthly handles in the post-PASPA era.
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 will eventually complete 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
Totals:	4 (9)	$10,634,076,681	$10,214,422,372	$824,786,904	7.76%	$402,450,399

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: $1,686,263,898 (Jan. ’22).
Biggest monthly gross revenue to date: $123,810,127 (Jan. ’22)
Number of brick-and-mortar sportsbooks operating: 11
Number of online sportsbooks operating: 9
Fun Fact: In its first month of mobile wagering, 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.
Tax rate on sportsbook operators: 10% on land-based revenue; 51% on gross mobile revenue

Oregon sports betting totals

Oregonians can bet on professional sports online via the Lottery’s ScoreBoard app 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 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.

Month	Number of Casinos (Number Online)	Total Handle	Mobile Handle Percentage	Sportsbook Revenue	Win Rate	State Taxes
Oct-19	1 (1)	$5,605,244	100%	$220,396	3.93%	-
Nov-19	1 (1)	$17,115,416	100%	$960,714	5.61%	-
Dec-19	1 (1)	$22,551,453	100%	$1,743,231	7.73%	-
Jan-20	1 (1)	$21,151,604	100%	$1,773,757	8.39%	-
Feb-20	1 (1)	$20,899,825	100%	$1,481,197	7.09%	-
Mar-20	1 (1)	$9,007,860	100%	$937,750	10.41%	-
Apr-20	1 (1)	$4,430,648	100%	$392,767	8.86%	-
May-20	1 (1)	$7,290,190	100%	$598,061	8.20%	-
June-20	1 (1)	$7,921,864	100%	$777,903	9.82%	-
July-20	1 (1)	$14,042,425	100%	$1,003,037	7.14%	-
Aug-20	1 (1)	$25,845,403	100%	$1,662,406	6.43%	-
Sept-20	1 (1)	$26,174,303	100%	$1,527,243	5.83%	-
Oct-20	1 (1)	$29,455,228	100%	$2,751,147	9.34%	-
Nov-20	1 (1)	$25,039,884	100%	$4,116,314	16.44%	-
Dec-20	1 (1)	$26,987,303	100%	$3,050,785	11.30%	-
Jan-21	1 (1)	$34,935,891	100%	$3,872,604	11.08%	-
Feb-21	1 (1)	$29,600,150	100%	$2,684,777	9.07%	-
Mar-21	1 (1)	$24,054,960	100%	$1,374,377	5.71%	-
Apr-21	1 (1)	$25,323,061	100%	$2,729,277	10.78%	-
May-21	1 (1)	$27,780,213	100%	$2,350,290	8.46%	-
Jun-21	1 (1)	$24,903,118	100%	$2,841,767	11.41%	-
Jul-21	1 (1)	$18,189,572	100%	$2,173,572	11.95%	-
Aug-21	1 (1)	$17,686,198	100%	$1,063,135	6.01%	-
Sep-21	1 (1)	$25,070,339	100%	$1,259,744	5.02%	-
Oct-21	1 (1)	$37,639,041	100%	$3,022,298	8.03%	-
Nov-21	1 (1)	$32,673,216	100%	$4,428,658	13.55%	-
Dec-21	1 (1)	$33,743,754	100%	$2,597,503	7.70%	-
Jan-22	1 (1)	$42,899,735	100%	$2,389,280	5.57%	-
Feb-22	1 (1)	$39,458,431	100%	$3,335,165	8.45%	-
Mar-22	1 (1)	$36,208,011	100%	$3,620,610	10.00%	-
Apr-22	1 (1)	$42,936,415	100%	$3,824,165	8.91%	-
May-22	1 (1)	$41,708,884	100%	$5,034,036	12.07%	-
Jun-22	1 (1)	$33,966,896	100%	$2,548,192	7.50%	-
Jul-22	1 (1)	$28,453,245	100%	$2,700,257	9.49%	-
Aug-22	1 (1)	$28,196,193	100%	$2,707,041	9.60%	-
Total		$888,945,973	100%	$79,553,456	8.95%	-

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: $42,936,415 (Apr. ’22)
Biggest monthly gross revenue to date: $5,034,036 (May ’22)
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.
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
Total	18 (14 Mobile)	$15,905,709,185	$14,329,345,253	90.09%	$1,208,959,353	7.60%	$819,412,433	5.15%	$280,626,908

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: $793,722,787 (Jan. ’22)
Biggest monthly gross revenue to date: $84,921,693 (Nov. ’21)
Number of brick-and-mortar sportsbooks operating: 15
Number of online sportsbooks operating: 13
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 the Twin River Casino and Twin River 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
Totals	2 (1 Mobile)	$1,223,209,455	$540,904,556	68.47%*	$104,383,308	8.53%	$53,689,702
*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: $60,158,844 (Oct. ’21)
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
TOTALS		$6,384,628	$496,448	7.78%	$45,917

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: $98,037 (Oct. ’21)
Number of B&M sportsbooks operating: 10
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. One unique rule is that sportsbooks must retain at least 10% of the hold in the form of revenue on an annual basis or be subject to fine. 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
TOTALS	13	$5,270,864,472	$465,293,525	8.95%	$392,889,627	7.45%	$78,898,125

Legalization date: April 2019
Tennessee legal retail sportsbooks first launched: N/A
Tennessee legal mobile sportsbooks first launched: Nov. 1, 2020
Regulator: Tennessee Education Lottery Corporation
Biggest monthly handle to date: $386,059,736 (Jan. ’22)
Biggest monthly gross revenue to date: $36,920,000 (Nov. ’21)
Number of brick-and-mortar sportsbooks operating: N/A
Number of online sportsbooks operating: 9
Tax rate on sportsbook operators: 20%

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	14 (1 retail)	$266,001,583	$26,024,408	9.78%	$21,398,776	8.04%	$3,060,304
TOTALS	14	$5,890,877,136	$516,946,257	8.78%	$253,965,784	4.31%	$38,608,073

Legalization date: April 22, 2020
Virginia legal retail sportsbooks first launched: N/A
Virginia legal mobile sportsbooks first launched: Jan. 21, 2021
Regulator: Virginia Lottery
Biggest monthly handle to date: $485,544,417 (Jan. ’22)
Biggest monthly gross revenue to date: $48,337,037 (Nov. ’21)
Number of brick-and-mortar sportsbooks operating: N/A
Number of online sportsbooks operating: 14 (with more to come)
Tax rate on sportsbook operators: 15%

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 such as 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
Total	$1,546,112,501	$1,006,773,881	-	$122,431,866	7.92%	$10,406,710

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: $6,284,869 (Nov. ’21)
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	$6,242,469	$951,267	15.24%	($123,970)	-1.99%	$0
Oct-21	$10,847,657	$881,200	8.12%	$281,603	2.60%	$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
TOTALS	$111,238,276	$10,305,513	9.26%	$4,059,021	3.65%	$415,258

Legalization date: April 5, 2021
Wyoming legal retail sportsbooks first launched: N/A
Wyoming legal mobile sportsbooks first launched: Sept. 1, 2021
Regulator: Wyoming Pari-Mutuel Commission
Biggest monthly handle to date: $13,977,632 (Jan. ’22)
Biggest monthly gross revenue to date: $1,363,696 (Nov. ’21)
Number of brick-and-mortar sportsbooks operating: N/A
Number of online sportsbooks operating: 3
Tax rate on sportsbook operators: 10%

Chris Altruda

Chris Altruda has been a sportswriter with ESPN, The Associated Press, and STATS over more than two decades. He recently expanded into covering sports betting and gambling around the Midwest. His Twitter handle is @AlTruda73 and can be reached via email at caltruda@bettercollective.com

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