Mohegan Sun partners with Connecticut to host mass COVID-19 vaccination site
Monday 01 de March 2021 / 08:18
⏱ 2 min read
(Colorado).- Colorado saw $326.9 million wagered on sports in January as gambling takes off around the United States. More than $1.5 billion in wagers has been placed in Colorado since the state legalized sports gambling last May.
Professional basketball and professional football make up about half of all bets, though millions are placed on table tennis, ice hockey, MMA, soccer, and other sports as well.
Since the Supreme Court ruled in 2017 that states can decide for themselves whether to have legal sports gambling, 25 states plus Washington, D.C. have established legal markets.
The momentum has picked up amid the coronavirus pandemic as many states face unprecedented budget shortfalls.
Colorado, for instance, collected $1,195,774 in taxes off January’s wagers, the state’s Department of Revenue said Friday.
New York Gov. Andrew Cuomo embraced sports gambling in an about-face last month, saying that the state will run operations to maximize revenue amid a budget shortfall.
“At a time when New York faces a historic budget deficit due to the COVID-19 pandemic, the current online sports wagering structure incentivizes a large segment of New York residents to travel out of state to make online sports wagers or continue to patronize black markets,” Cuomo said in January.
“New York has the potential to be the largest sports wagering market in the United States, and by legalizing online sports betting, we aim to keep millions of dollars in revenue here at home, which will only strengthen our ability to rebuild from the COVID-19 crisis.”
With more states establishing legal markets, the burgeoning industry will continue to expand. Consulting firm VIXIO estimated in a report last month that the sports gambling industry could bring in as much as $10 billion in total revenue by 2025.
Categoría:Casino
Tags: Sin tags
País: United States
Event
PERU GAMING SHOW – PGS 2026
17 de June 2026
Reusable Identity and Smoother Access: JUMIO’s Approach at Peru Gaming Show 2026
(Lima, SoloAzar Exclusive).- Peru Gaming Show (PGS) 2026 hosted the conference “Reusable Identity: Less Friction, More Play – How to Simplify Player Access,” led by Pilar Pereira, Director of Strategic Alliances at JUMIO. She explained how the evolution of digital identity is transforming user experiences on online betting platforms amid strong global growth in the sector.
Friday 03 Jul 2026 / 12:00
Andres Troelsen: "Peru remains one of EGT Digital's strategic markets in LATAM"
(Lima, SoloAzar Exclusive).- Following his participation in the Peru Gaming Show, Andres Troelsen, Regional Sales Director LATAM of EGT Digital, reflects on the company's priorities in the region, the evolving demands of operators, and the opportunities emerging across the Latin American gaming market for EGT Digital.
Friday 03 Jul 2026 / 12:00
Gaming Taxation in Latin America: Experts Warn of Excessive Levies
(Lima, SoloAzar Exclusive).- As part of the Peru Gaming Show (PGS) 2026, the panel “Taxation: Gaming Taxes in Latin America” brought together leading specialists to analyze the fiscal challenges facing the gaming industry in the region. Moderated by Carlos Fonseca, the discussion featured Tomás García Botta (MF Estudio) and Carlos Baeza (Baeza & Cía.). The experts agreed that excessive tax burdens not only discourage investment but also reduce channeling toward the regulated market and foster the growth of illegal offerings in various Latin American countries.
Wednesday 01 Jul 2026 / 12:00
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