Though BetRivers offers a wealth of sports ¡ª jai alai anyone? ¡ª it doesn¡¯t have as many wagering options within the major sports.

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In 2021, Pennsylvania took in $122.5 million in tax revenue from sports gambling, according to Gambling Insider, a gaming-industry publication. The same year, New Jersey¡¯s bottom line swelled by $100.2 million. In Pennsylvania, the overall sports handle ¡ª how much people bet ¡ª has risen from $194 million in September 2019 to $462 million in September 2020 to $578 million in September of last year, according to LegalSportsReport.com. It¡¯s almost certain this September will feature another increase.
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Currently, New Hampshire imposes one of the highest gambling taxes in the United States, setting the bar at 10% on all gambling earnings. Further, the IRS requires the state to withhold a 24% federal gambling tax on winnings over a specific bracket.