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Sportsbook

Betting tops US$ 1 M a day during rollout of sports gambling in Maine

Monday 20 de November 2023 / 12:00

2 minutos de lectura

(Maine).- Maine’s new sports betting platforms are off to a brisk start, with gamblers averaging more than $1 million in wagers a day during the initial rollout.

Betting tops US$ 1 M a day during rollout of sports gambling in Maine

Two mobile apps began offering sports betting in Maine on Nov. 3 as the state joined a nationwide trend toward legalized gambling on athletics. According to figures from Maine’s Gambling Control Unit, total wagers through Nov. 15 were just shy of $14 million.

After accounting for the payout to players and federal taxes, the state of Maine received just shy of $279,000 in revenues during the first 13 days of betting. Under state law, 10% of the “adjusted gross receipts” flow back to the state treasury.

Milton Champion, the executive director of the Gambling Control Unit, said Friday that sports betting was projected to generate between $4 million and $7 million in revenues for the state in 2024. And Champion said he thinks hitting that upper figure is realistic, based on the first two weeks of activity.

"I think it's going well," Champion said. "I like to feel that we've opened during a soft time, a soft period . . . So I'm anxious to see how we do over the Super Bowl and March Madness. And like I said, I'm even more anxious to see how we do over the summer months when we have our visitors from out of state. So it's going to be interesting to track, for sure."

A majority of states have shifted to allow some form of sports gambling ever since the U.S. Supreme Court struck down a federal prohibition in 2018.

In Maine, the four Wabanaki tribes were given the exclusive right to offer mobile sports betting, although in-person betting will also eventually be allowed at licensed off-track betting parlors and casinos. The tribes, in turn, have partnered with DraftKings and Caesars Sportsbook to offer betting through their apps.

Gamblers must be 21 or older, and betting is not allowed on high school sports or other athletic events where the majority of participants are under age 18. Betting is also prohibited on collegiate events featuring Maine teams.

Of the 10% tax revenue collected by the state, 6.5% flows to the state's General Fund while 1% pays for administrative costs within the Gambling Control Unit. Another 1% goes toward gambling addiction prevention and treatment programs while the remaining funds are divided among the State Harness Racing Commission, the Sire Stakes Fund and the Agricultural Fair Promotion Fund.

Categoría:Sportsbook

Tags: Sin tags

País: United States

Región: North America

Event

ICE Barcelona 2026

19 de January 2026

Luz Beatriz Jaramillo Serna of 21Viral: “Our presence at ICE Barcelona 2026 was exceptionally positive”

(Barcelona, SoloAzar Exclusive).- Following her participation at ICE Barcelona 2026, Luz Beatriz Jaramillo Serna, Head of Business Development, Marketing and Sales for Latin America at 21Viral, analyzes the commercial impact of the event, the trends set to shape the industry’s direction, and the company’s strategic priorities to consolidate growth across the region and new regulated markets.

Monday 16 Feb 2026 / 12:00

Toni Karapetrov from Habanero on ICE Barcelona 2026: Regulated Growth, Localization and Strategic Expansion Drive 2026 iGaming Strategy

(Barcelona, Exclusive SoloAzar).- In this interview, Toni Karapetrov, Head of Corporate Communications at Habanero, shares insights from ICE Barcelona 2026, highlighting premium content innovation, high-level industry engagement, key iGaming trends such as localization and gamification, and the company’s strategic focus on regulated market expansion and sustainable growth in 2026.

Friday 13 Feb 2026 / 12:00

Martin Ivanov, COO of CT Interactive: “We plan to consolidate our presence in regulated markets across Europe and LATAM while actively expanding into Africa"

(Barcelona, SoloAzar Exclusive).- In this interview with SoloAzar following ICE Barcelona 2026, Martin Ivanov shares key insights on CT Interactive’s commercial achievements, emerging industry trends, expansion across Africa and regulated markets, and the company’s strategic priorities for 2026.

Monday 16 Feb 2026 / 12:00

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