Pennsylvania Sets Record Sports Betting Handle Again in Nov.

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Pennsylvania broke their monthly sports betting handle record for a second straight month in November. The Pennsylvania Gaming Control Board reported a record $934.1 million worth of total bets in November. FanDuel was the top online sportsbook by handle ($384.1 million) and revenue ($19.1 million). … Read more

November Became Best Massachusetts Sports Betting Month Ever

Massachusetts Sports Betting

Massachusetts set a monthly sports betting handle record with $654.4 million wagered in November. November’s handle marked a 14.4% increase from October, which previously held the record for the highest monthly handle. DraftKings received more than half of the record-setting online sports betting handle. BOSTON … Read more

Indiana Sets Record $513 Million Nov. Sports Betting Handle

Indiana Sportsbook

Indiana’s sports betting revenue reports for November reported a record-setting handle of $513.67 million in November. The state saw a surprisingly low $2.9 million in sports betting taxes from the record handle. DraftKings set a monthly sports betting handle record in Indiana for a third … Read more

Kentucky Made $7.9 Million in Two Months with Sports Betting

Kentucky Sports Betting

Kentucky earned nearly $8 million in tax revenue from their first two months with legal sports betting, putting them well ahead of their yearly expectation. Kentucky residents wagered $340.8 million in September and October. Retail sports betting launched Sep. 7, with online sports betting launching … Read more

Sports Betting is on Pace to Surpass $100 Billion in 2023

Sports Betting

Americans bet $79.76 billion on sports since January of 2023. Based on current pace and upcoming sporting events, the market expects to continue its growth and surpass the $100 billion mark before the year ends. The emergence of new online sportsbooks and more states with … Read more

Taxes From Pennsylvania Sports Betting Crosses $500 Million

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The Pennsylvania Gaming Control Board released October’s sports wagering report, detailing a record high in monthly handle ($829 million) and the sixth highest tax contribution $17.3 million. While the revenue created from Pennsylvania sportsbooks hits the general fund, analyzing Pennsylvania’s expenditures show what sports betting … Read more

DraftKings Begs for Voided Bets Despite Record-Setting Month

DraftKings

DraftKings Sportsbook set new monthly records in Massachusetts for sports betting revenue and handle in October. The state’s largest operator seeks 178 winning wagers to be voided due to an error with incorrect odds. Massachusetts players placed $4,182.36 and won $575,436 on the incorrect NBA … Read more

NFL’s Return Sparks $726 Million Pennsylvania Sept. Handle

Pennsylvania Sportsbook

Pennsylvania’s September sports betting handle surpassed $726 million with the return of NFL betting. The state earned $66.1 million in revenue, a 12.2% increase from Sept. of 2022. FanDuel led all legal Pennsylvania sportsbooks with a Sept. handle of $256.39 million. PHILADELPHIA – The Pennsylvania … Read more