by Jerad Paparella | Apr 20, 2022 11:57 am | Revenue
According to a recent report released by the Pennsylvania Gaming Control Board, Pennsylvania’s sportsbooks handled $714.96M in wagers for $48.51M in revenue. The $48.51 million in March sports betting revenue was more than double Pennsylvania’s figure from February...
by Jerad Paparella | Apr 19, 2022 11:32 am | Revenue
Sportsbooks in Louisiana generated over $30.1 million in revenue in March on a handle in excess of $232.7 million, the strongest all-around month on record for Louisiana. Online sportsbooks had an uncharacteristically high 13.8% hold rate, indicating that luck played...
by Jerad Paparella | Apr 18, 2022 1:39 pm | Legal
The original version of LD 585, a tribal sovereignty bill in Maine, would grant Maine’s tribes exclusivity over online sportsbooks in Maine. Two competing proposals – LD 1352 and an amendment to LD 585 that has yet to be formally proposed – would open the...
by Jerad Paparella | Apr 14, 2022 1:57 pm | Revenue
According to March’s revenue report released by the Indiana Gaming Commission, Indiana’s sportsbooks generated $476.8 million in wagers and $32 million in revenue during March. This pushed the total betting handle to over $1 billion since launch. INDIANAPOLIS –...
by Jerad Paparella | Apr 13, 2022 1:46 pm | Legal
Monterra AF – a group formed to oppose what they called an illegal gambling expansion in Florida – filed a suit in the U.S. District Court of Appeals on Sunday. The case argues – among other points – that since Judge Dabney Friedrich’s ruling...
