The three licensed sportsbooks in Delaware recently released their July revenue numbers. Almost 50,000 wagers less were made at Delaware sportsbooks in July compared to June. Since the beginning of the year, the three sportsbooks (pre-tax contributions) have collected $5 million in revenue. DOVER, Del. … Read more
Sports betting in July equated to half of the betting handle, revenue, and tax contributions for Pennsylvania’s 2019 Q2. Sugarhouse and Rivers casinos have steadily become the market leaders for sports betting in Pennsylvania. Three books though have seen their betting handle decrease in consecutive … Read more
Mississippi baseball betting made up over three-fourths of the entire monthly betting handle during July. Football betting in Mississippi alone has totaled $112.5 million since the state’s launch in August 2018. The last four months of sportsbooks’ betting revenue don’t even add up to the … Read more
At the time of writing, over $10.02 billion has been bet at licensed sportsbooks throughout the country. Of that total, $5.44 billion came during 2019 alone, as more states introduce their industries. September 2019 – February 2020 will likely see a combined betting handle in … Read more
Sports betting in New York became official on July 17 when sportsbooks like the one at Tioga Downs launched. The FanDuel Sportsbook at Tioga Downs collected over $55,000 in revenue during the span of that half-month. On top of their game, FanDuel has already released … Read more
In the first month of legal New York sports betting, Rivers Casino collected $292,249 in revenue. Tioga Downs also reported their monthly revenue, which notched a mark of $55,219. In the first fiscal year, New York sports betting is projected to contribute $4 million to … Read more
SugarHouse Casino launched the first online sportsbook in Pennsylvania on May 28, 2019. Online sports betting apps accounted for almost $39 million of the $59.3 million wagered on sports in the month of July. FanDuel Sportsbook generated $3.3 million in handle during nine days they … Read more
New Jersey posted their lowest handle since September 2018, just eclipsing the $250 million mark. The Meadowlands was responsible for $9.1 million of the collective $17.88 million in sportsbook revenue for the state during July. July’s sports betting revenue in New Jersey helped send $2.15 … Read more
The Stars Group has watched its stock decrease steadily from the beginning of the year. With Fox Bet prepared to launch next month, increased sales will continue to increase. Earlier this year, The Stars Group linked partnerships with Penn National Gaming and purchased Sky Betting … Read more
Last football season, bettors in Nevada risked over $1.8 billion on football action. From that total, the sportsbooks were able to keep $129.7 million, or 7.2%. To reach a $2 billion handle, every month would need to see an increase of 11%. LAS VEGAS – … Read more
Twin River Worldwide Holdings has over $383 million in cash and cash equivalents at the time of reporting. To end July, the company executed their capital return program, funded from cash on hand. Purchasing more casinos about the country, Twin River is operations in five … Read more
Paddy Power Betfair changed their name to Flutter Entertainment earlier this year. Flutter owns a majority stake in FanDuel Sportsbook. Executives from Flutter believe their revenue can increase ten-fold in the US. TALLAHASSEE, Fla. – As one of the first gaming operators to land a … Read more