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 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
New York became the first state to reach a $2 billion sports betting handle in one month. The feat occurred this October, where the state saw exactly $2,006,823,408 billion in bets. New York made over $166 thousand in gross gaming revenue for October. NEW YORK … Read more
DraftKings received nearly $5 million in wagers through five days of legal sports betting in Maine. Caesars is the only other regulated sports betting site in Maine but received only $665 thousand in bets. Maine launched legal sports betting on Friday, November 3. AUGUSTA, Maine … Read more
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
New Jersey recorded $1.29 billion in sports betting handle for September. The $111.1 million in gross sports wagering revenue marks a 13.4% increase from Sept. 2022. Online sports betting made up 96.6% of September sports wagers in New Jersey. TRENTON, N.J. – New Jersey earned … Read more
The lifetime sports betting handle in Arkansas surpassed $500 million. Arkansas residents bet over $22 million in August, pushing the state’s lifetime handle to $508.77 million. Arkansas launched mobile sports betting in March 2022. LITTLE ROCK, Ark. – Arkansas sports betting reached an impressive milestone … Read more
Maryland’s sports betting revenue report for September shows a handle of $442.5 million. Sports betting operators in the state earned $45.6 million in gross revenue. FanDuel and DraftKings combined for over $329 million in September sports betting handle. ANNAPOLIS, Md. – Maryland Lottery and Gaming … Read more
Governor Andy Beshear reported $68 million in wagers in just four days with Kentucky online sports betting. Retail sports betting received more than $4.5 million in two weeks before mobile launched on September 28. Kentucky is estimated to earn over $23 million dollars in annual … Read more
DraftKings surpassed FanDuel in monthly handle for the first time since Ohio sports betting launched in January. July was the lowest monthly-handle in Ohio’s sports betting history. Ohio surpassed the $4 billion mark in seven months despite their worst month in July. CINCINNATI – Ohio’s … Read more
The total legal US sports betting handle surpassed the $250 billion mark in 2023. New Jersey is the biggest contributor to the milestone, making up 15.78% of the total handle. Ohio and Massachusetts launched earlier this year, adding two major markets to continue hitting legal … Read more
Using reported sports betting numbers across the US, a strength rating is given to all states. States with a high rating indicate a successful market, profiting well for the state through tax benefits. The states with a lower rating show the success of sportsbooks keeping … Read more