Gambling Business
Gambling Business coverage from WagerBiz. B2B publication covering the companies, economics, and commercial activity behind the gambling industry.
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Sports Betting Tax Hikes: What They Do to Margins
State tax hikes in New Jersey and Illinois cut into sportsbook profit. See the 2025 rates, the per-wager fee and the margin math with…
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GGR vs NGR: Gross Gaming Revenue Explained
Gross gaming revenue (GGR) is wagers minus winnings; NGR deducts more. See the math, a worked example and how U.S. states define each.
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How Sportsbooks Make Money: Hold, Vig and Taxes
Sportsbooks keep a share of every dollar wagered. See how hold, the vig, parlays, promotions and state taxes shape revenue, using 2025 U.S. data.