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
There are currently eight states with active sportsbooks and seven more states who may possibly launch sports betting operations this year. FanDuel was acquired by Paddy Power Betfair in July of 2018. William Hill plc., GVC Holdings, and Paddy Power Betfair all have online sports … 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
• Since their launch, Rhode Island sportsbooks have taken in almost $94 million in wagers. • The state has the lowest hold for 2019 (3.48%) of every legal sports betting state. • Twin River Casino has accounted for nearly 75% of the state’s yearly sports … Read more
Over $1,000,000 has been contributed to the state’s general fund since the start of the year. Mississippi posted their lowest handle ($19.1 million) since its August launch month. Sports betting revenue exceeded $2 million for the month of April. JACKSON, Miss. – With football season … Read more
Parx Casino was responsible for 21.4% of all tax contributions in April. South Philadelphia Turf Club posted the highest casino hold percentage at nearly 17%. FanDuel Sportsbook is primed to become one of the PA sportsbook leaders, bringing in over $5 million in a month … Read more
Newgioco, headquartered in Toronto, Canada, serves sports betting operators worldwide. Newgioco announced multiple partnerships to serve sports gambling operators in Montana. Newgioco completed the acquisition of Virtual Generation Limited (VG) in late January of 2019. New York – Sports betting in the US has started … Read more
Rhode Island sports betting returned to profitability in March. New projections suggest that RI’s tax revenue budget is not far off the mark. Rhode Island expects to generate $30 million from sports wagering in FY 2019-2020. PROVIDENCE, R.I. – Rhode Island Gov. Gina Raimondo (D) … Read more
Delaware Park took in $3.65 million (60%) of all Delaware sports wagers in April. The average wager amount was $39.81 for the month of April. Since the launch 11 months ago, $6.32 million has been contributed to the state government. DOVER, Del. – The NFL … Read more
The Meadowlands is responsible for more than half of the year’s tax contributions. The three skins for Resorts Casino have led the online sports betting handle. Over $1.16 billion has been wagered in New Jersey since January 1. ATLANTIC CITY, N.J. – The New Jersey … Read more
A report stated that Rhode Island will only make $2.3 million from sports betting this year. The original estimate from Governor Gina Raimondo was about $24 million. The lawsuit over mobile sports betting could further impact revenue projections. PROVIDENCE, R.I. – Rhode Island is expecting … Read more
Legal sports betting in Washington D.C. was approved by the city council in December of 2018. Washington D.C. was the first area without casinos to enact legal sports betting. Federal buildings and national park property fall outside of local jurisdiction, meaning that geolocation services would … Read more