Online sports betting brought in almost 85 percent of the total handle. Sports handle and revenue has increased since mobile wagering was introduced. It has been a year since Pennsylvania sports betting began. HARRISBURG, Pa. – Sportsbooks in Pennsylvania had a combined betting handle of … Read more
More people in Delaware are betting on sports and they are winning more too. The betting handle was higher in November of last year compared to this year. The lack of mobile wagering could be holding back Delaware sports betting. DOVER, Del. – The sports … Read more
Around $59.4 million was wagered on sports in Iowa during November. A little over half of the sports betting revenue in Iowa came from online sportsbooks. Retail registration could be holding back the revenue potential for Iowa. DES MOINES, Iowa – There was around $59.4 … Read more
New Jersey’s reported numbers for sports bets in the month of November have gone up greatly since November 2018. Atlantic City has also seen its best revenue performance since 2012. These increases show just how much the popularity of the sports betting market has expanded … Read more
Only the four commercial casinos in upstate New York report their sportsbook’s gross gaming revenue. The state’s four commercial casinos only generated $1.3 million in gross gaming revenue for November as opposed to $2.2 million generated in October. Mobile sports betting was not legalized during … Read more
Indiana’s revenue report shows that the state brought in $147.3 million in bets in November. Mobile wagering accounted for 65 percent of the total handle for the month. Indiana’s numbers have increased thanks to bettors from Illinois and Ohio. INDIANAPOLIS – Indiana bettors have wagered … Read more
Mississippi sportsbooks set new monthly records in terms of the betting handle and revenue for October 2019. The revenue generated in October from Mississippi sportsbooks equals a third of all revenue collected in 2019 for the state. No state has seen sports bettors continue to … Read more
Nevada sportsbooks took in almost $550 million in legal sports wagers during October. Year over year, sports betting revenue increased by $100 million from legal sportsbooks. New sports betting handle and revenue records should continue to be set with mobile betting. LAS VEGAS – With … Read more
Pennsylvania has now collected more than $10 million over the last two months from legal sports betting taxes. The “Big 4” continues to dominate the Pennsylvania sports betting market share, collecting 89% of all wagers. Over $241 million was bet on sports in Pennsylvania – … Read more
Key investors and sports betting companies met for a sports betting summit. Nearly all in attendance agreed that sports betting is a growing market in the US. Investors and companies predict that 36 states will legalize sports betting by 2025. NEW YORK – At the … Read more
IGT is a gaming technology provider that serves gambling operators around the world as well as state lotteries in the U.S. Operating income fell from $200 million in Q3 of 2018 to $154 million in Q3 of 2019. The Chief Financial Officer of IGT says … Read more
The Stars Group launched online sports betting operations in Pennsylvania and New Jersey during the third quarter of the year. Flutter agreed to acquire the Stars Group during Q3, the sale won’t be completed until 2020. The Stars Group International decreased in revenue due to … Read more