HoldCrunch have weighed in on the debate around potential US state gambling tax increases, and what it will mean for US Sportsbook operators and their shareholders.Tom Johnson and his team at HoldCrunch used TXODDS data to help calculate potential changes in operator margins, and the eventual tax increases at which odds for end users would have to change. We're delighted to be able to help Tom and his team by supplying highly accurate and comprehensive odds data, pre-game as well as in-game, across all major US sports.
Leading expert on US sportsbook market share dynamics, real-money skill game, fantasy and betting economics and product innovation (ex. FanDuel and Betfair)
A hot topic for those following the US betting industry! When do US betting taxes impact odds? www.holdcrunch.com shows there is a tipping point where tax rises mean operators are likely to offer worse odds. This explainer video and Substack article are aimed at investors in US Sportsbook stocks who are wanting to understand the impact of tax on competitive dynamics in the US betting market. It is also for operators and state tax authorities who would benefit from a market-wide analysis that identifies a clear tipping point in data. The bottom line: tax can go up without impacting odds but at >7.5% above the current blended rate customers will start to see worse prices. Substack link here: https://lnkd.in/dmQdQrF7