"Some of that may have been the slow lead-up to the launch, but I would expect these are fairly healthy numbers. The returns have been good, and, Holden said, "reasonable." It sounds like, assuming things keep pace, (hitting the projections is) probably reasonable." You have college football on Saturday and pro football on Sunday, and those are really the big days. "We saw exactly what we expected to see, and why Maine wanted to launch now," said John Holden, a professor at Oklahoma State University who has written extensively on the regulation of sports gambling. The state gets 10% of the overall revenue through tax. 29, Maine's sports betting handle - the total amount wagered - was over $36 million, and the adjusted gross receipts (the amount left over after payouts, voided wagers, and federal tax) was over $4.8 million. "I think we're right on target with projections, and $400,000-plus in under a month to the state is really great." It shows that Mainers wanted this and are enjoying it," said Steven Silver, the chair of the Gambling Control Board. "I think you're seeing a pretty good strong start. While estimating yearly profits based on one month is tricky - fall months with football are busier than spring and summer months - the early returns are encouraging.
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