New Illinois Gaming Board Data Indicates Sports Bettors Exiting Legal Market & Making Fewer Bets After State Tax Hike
IGB October data shows second consecutive month of 15% decline in bets.
Joe Maloney Named President, Jeremy Kudon Becomes Chairman
The Sports Betting Alliance announced Joe Maloney will serve as the organization’s president and CEO. Current SBA President Jeremy Kudon will assume the role of Chairman.
Inside the Dark and Predatory World of Crypto Casinos
Many sites do not have strong identity verification and are able to advertise on social media with little oversight. Tech-savvy young people in the United States can gamble on them using false identities and readily available software to mask their locations, often unbeknownst to their parents.
States Are Raking In Billions From Slot Machines on Your Phone
By last year, [Pennsylvania] was collecting $1.05 billion in taxes from digital casinos, compared with $188 million from sportsbook apps. The revenue from casino games is significant: Pennsylvania’s entire state budget is about $50 billion.
Illinois Sees Significant Betting Decline After New Tax Takes Effect
Illinois’ sports betting industry experienced a pronounced drop in wagering volume this September, marking the first full month under the state’s newly implemented per-wager tax. Data from the Illinois Gaming Board (IGB).
Drop in Illinois Bets Stems from Per-Wager Tax
Five million fewer bets were placed in September than in the same month in 2024, according to data from the Illinois Gaming Board…