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
Maine’s Senate Judiciary Committee approved LD 585 – a tribal relations bill that would regulate sports betting in Maine – during a session last week. The bill would allow for tribal operators to offer both land-based and mobile sports betting while permitting a limited number … Read more
Michigan’s sportsbooks saw a drop in sports betting handles from January to February in a continuation of a nationwide trend; however, handles are still up compared to 2021. Despite the slow month for Michigan’s sportsbooks, online casinos in Michigan set a new record for online … Read more
A new bill is making its way through the House, and could regulate online betting Opponents of the bill are concerned that the gambling industry is exploitive. Update House Bill 606 has been passed by the State House by a vote of 58/30 and will … Read more
New Jersey’s sportsbooks had a rough month in February, with sports betting handles down a significant 26.9%. The decrease in handle led to New Jersey losing its five-month streak of generating a sports betting handle of at least $1B. TRENTON, N.J. – February was a … Read more
Sportsbooks in Illinois handled nearly $870 million in bets in January, a 23.8% increase from December 2021 and a 49.2% increase year-over-year. These figures only stand to improve as Illinois’ in-person sportsbook registration requirement was lifted earlier this month. SPRINGFIELD, Il – Illinois saw one … Read more
A new bill could allow sportsbooks to offer odds on esports events in West virginia. Esports Technologies expects a $70 million revenue pull in 2022. CHARLESTON, W.Va. – Regulated esports betting is on the precipice of passing for West Virginia residents, thanks to a new … Read more
The Seminole Tribe of Florida released a YouTube video on Thursday thanking the voters of Florida for not supporting commercial sportsbook ballot initiatives. The video’s release is the latest part of a long and complicated battle between the Seminole Tribe of Florida and out-of-state commercial … Read more
A pair of bills proposed by Sen. Greg Albritton – SB 293 and SB 294 – were found favorable by Alabama’s Senate Tourism Committee and now move to the Senate floor. The bills would allow for in-person and mobile sports betting through tribal entities at … Read more
New York launched their mobile sportsbooks in early January; since then, New York has turned over handles of $1 billion or more in both months after the mobile launch. New York’s streak of $1B+ handles looks like it should continue through March, a historically strong … Read more
New Minnesota bill could bring regulated sports betting. The bill will allow for mobile sports betting state-wide. HP 778 has bipartisan supports to see it passed. SAINT PAUL, Minn. – Some major progress is being made Minnesota’s legal sports betting industry, thanks to a new bill … Read more