Michael Molter 
Bettors wagered $500,000 less in May than in April, the largest monthly drop in The Greenbrier’s nine-month history. Revenue remained rather high thanks to a 24.91% hold percentage from the sportsbook. Over $2.5 million has been wagered at The Greenbrier since the start of the … Read more
The Sportsbook at Hollywood Casino at Charles Town Races has taken in $82.7 million in wagers in nine months of operation. Just under $300,000 has been contributed to the state in tax revenue from Hollywood Casino’s Sportsbook. The betting action through June should propel the … Read more
Wagering on professional sports as well as out-of-state collegiate teams/events is permitted. In-state colleges or events being played inside New York state lines will be off limits. Officials believe New York sports betting could start as early as August or September. ALBANY – The New … Read more
The total funds invested in Encore Boston Harbor has surpassed $2.5 billion. The casino will be able to pair with Miomni Gaming and BetBull through partnership deals. The three casinos in Massachusetts have agreed upon how sports betting should play out. BOSTON – The Encore … Read more
Governor J.B Pritzker is expected to sign SB 690 into law this or next week. Stadiums with a sports betting license are granted a 5-block exclusivity zone. Two percent of sports betting revenue will be allocated to Cook County’s justice system. CHICAGO – As the … Read more
Sports betting efforts in Louisiana were shot down last week. Attempting to include sports betting language into a fantasy bill, HB 459 was rejected on Tuesday. Louisiana legislators have until Thursday to approve any measure that legalizes daily fantasy sports. BATON ROUGE, La. – Though … Read more
The favorited of the Belmont Stakes has gone on to win the event 42% of the time. Tyler Gaffalione will be racing in his first ever Belmont Stakes, while Mike Smith will undergo his 20th race. Tapit, who has sired over half of the winners … Read more
Judge Paul Barbadoro from the New Hampshire District Court reviewed the Wire Act this time around. Vastly different opinions derived from the Department of Justice in both 2011 and 2018. The DOJ has the opportunity to further the challenge, taking the Wire Act interpretation to … Read more
The Bruins are leading 2-1 against the Blues, with homecourt advantage on their side. Betting in certain approved stadiums will be launching for the next NHL season. The NHL will be soon receiving a cut of the action, as two states have included language about … Read more
Nevada sportsbooks were able to keep $21.66 million in revenue for the month of April. Roughly $328 million was wagered in April, where baseball and basketball betting accounted for 80% of that total. The sports betting revenue in Nevada for April was down 33% from … Read more
Teams with homecourt advantage are 29-13 since the 1977 NBA merger. Those teams only when 39% of the time if the first game spread is within 6 points. The sportsbooks in Nevada and New Jersey would take a loss with multiple early futures bets on … Read more
Licensing fees include a $100,000 application fee as well as a $50,000 annual renewal. Sports betting revenue will be taxed at a rate of 9.5% and head to the state’s general fund. Licensed sportsbooks will be given the option to partner with three suppliers, or … Read more