Jerad Paparella 
Entain has released its Q1 trading report, showing a strong 31% increase in overall net gaming revenue despite a small decrease in online net revenue. Entain’s CEO, Jette Nygaard-Andersen, said in the report that their subsidiary BetMGM is now the number two sportsbook operator in … Read more
California’s voters currently have three competing sports betting initiatives to choose from, with each providing a slightly different legal sports betting market. The California Solutions to Homelessness and Mental Health Support Act is the most likely initiative to pass, with financial support from retail giants … Read more
The Las Vegas Sands-backed Florida Voters In Charge Initiative – which would have allowed for casinos in North Florida – has officially failed and the initiative will not appear on the 2022 ballot. The Seminole Tribe – who stood in strong opposition to the initiative … Read more
Minnesota’s sports betting bill, HF 778, advanced through the House Tax Committee on Thursday and is headed to the House Ways and Means Committee. The bill would regulate both retail and online sports betting in Minnesota; it has already passed through four separate committee votes. … Read more
Kansas’ HB 2740 advanced through the House on Wednesday and now faces a May 20 deadline for passage. Kentucky’s HB 606 also recently advanced to the Senate. A pair of sports betting bills in Georgia – both of which would create ballot questions, one on … Read more
HB 2740, a Kansas sports betting bill, stalled in the House Committee on Federal and State Affairs Tuesday after the committee approved several amendments. The bill was then voted in favor on Wednesday and now moves to the Senate. TOPEKA, Kan. – On Tuesday, the … Read more
In February, Connecticut’s sportsbooks recorded their second-lowest sports betting handle ($115.6 million) and their lowest revenue figure ($5 million) since launching in October 2021. The Mashantucket Pequot Tribe generated $3.2 million of this revenue, outpacing the Mohegan Tribe ($1.1 million) and the Connecticut Lottery ($802,013) … Read more
PointsBet Canada and the CFL’s Ottawa Redblacks announced an official sports betting partnership agreement ahead of Ontario’s April 4 online sportsbook launch. The multi-year partnership agreement includes a PointsBet patch on the Redblacks’ game jerseys as well as naming rights to TD Place’s PointsBet Sideline … Read more
New Hampshire’s sportsbooks saw a month-to-month decrease in total handle, total revenue, total tax contributions, mobile handle and revenue, and retail handle in February. The lone bright spot in New Hampshire’s February revenue report was retail sportsbooks, which posted their second-largest revenue figure of the … Read more
The Alcohol and Gaming Commission of Ontario has granted BetMGM, the Kambi Group, and the Ontario Lottery and Gaming Corporation regulatory access to the Ontario market. BetMGM is now the 15th sportsbook operator to receive approval in Ontario; additional operators, such as Caesars and DraftKings, … Read more
Sportsbooks in Tennessee handled $313.3 million in February, the fifth consecutive month Tennessee sportsbooks handled at least $300 million in wagers. Despite the solid handle figure, Tennessee’s sportsbooks recorded their lowest hold rate and revenue total since December 2020 in February. NASHVILLE, Tenn. – Despite … Read more
A committee representing several of California’s native tribes has launched an advertising campaign against the California Solutions to Homelessness and Mental Health Support Act. The tribes argue that the initiative would break a promise to the tribes that they would be granted exclusive rights to … Read more