The house wields the hammer in June, as US sports books post the highest nationwide win rate of 2021

The house wields the hammer in June, as US sports books post the highest nationwide win rate of 2021

Article brief provided by US Bets
  • Chris Altruda, US Bets
August 10, 2021 12:19 AM
  • Chris Altruda, US Bets

    As the Dire Straits song goes, “Sometimes you’re the windshield, sometimes you’re the bug.”

    Those roles for the house and bettors for sports wagering across the country in June were clearly defined, as operators posted the highest nationwide win rate of 2021, leading to an impressive revenue haul that moved the full-year dollar totals in handle, operator revenue, and tax receipts beyond the pandemic-affected figures of 2020.

    At the halfway point of the year, there has been more than $24.2 billion worth of wagers, which has become more than $1.75 billion worth of operator revenue. That, in turn, has generated more than $260 million in tax revenue for governments across the 19 states (and District of Columbia) where sports betting is legal.