Prediction Markets Are Costing States Millions In Tax Revenue

32 states and Washington D.C. now allow individuals to place regulated mobile sports bets via smartphone apps on platforms such as FanDuel and DraftKings. The statistic signals broad state-level adoption of regulated mobile wagering and widespread consumer access to licensed sports-betting apps.

Analysis

32 states and Washington D.C. now allow individuals to place regulated mobile sports bets via smartphone apps on platforms such as FanDuel and DraftKings. The statistic signals broad state-level adoption of regulated mobile wagering and widespread consumer access to licensed sports-betting apps.