Lawmakers in New York are continuing efforts to rework the 51% tax rate for sportsbooks. The bill would also increase the number of sports betting operators in New York. New York has benefited greatly from the 51% tax rate, taking in $163.6 million in taxes … Read more
The Toronto Blue Jays and theScore Bet have come together on a 10-year partnership. This marks the first professional sports team deal for theScore Bet. TORONTO, Canada – One of Canada’s biggest online betting companies, theScore Bet, has announced a 10-year partnership with one of … Read more
Kentucky’s sports betting bill, HB 606, has already passed through the Kentucky House of Representatives by a convincing 58-30 vote. Despite passing relatively easily in the House, the bill has hit a roadblock in the socially-conservative Kentucky Senate, where views on the bill are split … Read more
The Brooklyn Nets are 9.5-point favorites over the Cleveland Cavaliers. The Minnesota Timberwolves are taking 60% of bets to cover a 3-point spread. The Atlanta Hawks have -185 odds to beat the Charlotte Hornets. The San Antonio Spurs have 80% of the betting handle to … Read more
Indiana residents wagered more than $476 million on sports in March Indiana’s March sports betting handle increased 50.5% year-over-year The majority of March’s sports betting revenue came from March Madness wagers. INDIANAPOLIS – The regulated Indiana sports betting market finished the month of March on … Read more
Iowa’s sportsbooks handled $233.5 million in wagers in March, up compared to both last month’s handle and March 2021’s handle. March was Iowa’s second-strongest sports betting revenue month since launch, with sportsbooks generating a combined $14.4 million in sports betting revenue. DES MOINES, Iowa – … Read more
Scottie Scheffler’s dominant performance in all four rounds led to large payouts for believers in the top-ranked golfer in the world. Despite his historic final round, Rory McIlroy came up just short in his quest to complete the career grand slam. AUGUSTA, Ga. – Despite … Read more
The Cleveland Cavaliers have -105 odds to cover an 8-point spread on BetOnline. The Minnesota Timberwolves have -135 moneyline odds on Bovada. There is a 237.5-point game total between the Atlanta Hawks and Charlotte Hornets on BetOnline and MyBookie. The San Antonio Spurs have +175 … Read more
Illinois residents only wagered $679.4 million on sports in February. Sportsbooks made in February just over half of the revenue that they did in January. SPRINGFIELD, Ill. – The regulated Illinois sports betting market saw a significant dip in both handle and revenue throughout February. … Read more
Caesars sportsbook is now the official betting partner of the New York Mets. Online betting in New York launched on January 8, 2022. NEW YORK – In recent New York sports betting news, the New York Mets and Caesars Sportsbook have come together on a … Read more
The Brooklyn Nets (projected 8 seed) have better odds to win the NBA Finals than the Miami Heat (locked in 1 seed). An 8-seeded team has never won the NBA Finals and an 8 seed has only beat a 1 seed five teams in the … Read more
Entain has released its Q1 trading report, showing a strong 31% increase in overall net gaming revenue despite a small decrease in online net revenue. Entain’s CEO, Jette Nygaard-Andersen, said in the report that their subsidiary BetMGM is now the number two sportsbook operator in … Read more