DraftKings and FanDuel sportsbook hold nearly 75% of the market share for US sports betting. While MGM and Caesars make up another ~15%, the remaining 10% is split between way too many operators. PHOENIX – Recent withdrawals from the legal sports betting market from SaharaBets … Read more
WynnBet held 3.14% of sports betting action in April. Success from the Boston Celtics may influence the low hold percentage. DraftKings and FanDuel continue their sportsbook market domination. BOSTON – Bettors at WynnBet took control in April according to the most recent Massachusetts Gaming revenue … Read more
Kansas sports betting will launch at noon CT with grand openings from many of the local sportsbooks. With mobile and online betting in Kansas, the state will host one of the quickest turnaround times to launching. Jordy Nelson will place the first bet at Kansas … Read more
Penn National is shutting down all theScore Bet operations in the US and converting them into Barstool Sportsbooks. TheScore Bet will focus on its dominating market share in Canada. TORONTO – Penn National has announced that all theScore Bet products will be shut down in … Read more
As of now, there are two sports betting bills that have received enough signatures to be on the 2022 November Ballot in California. The sports betting bill, backed by commercial sportsbooks, would give 85% of taxes towards mental health & homelessness programs. HIGHLAND, CA- The … Read more
A committee representing several of California’s native tribes has launched an advertising campaign against the California Solutions to Homelessness and Mental Health Support Act. The tribes argue that the initiative would break a promise to the tribes that they would be granted exclusive rights to … Read more
Sportsbooks in Illinois handled nearly $870 million in bets in January, a 23.8% increase from December 2021 and a 49.2% increase year-over-year. These figures only stand to improve as Illinois’ in-person sportsbook registration requirement was lifted earlier this month. SPRINGFIELD, Il – Illinois saw one … Read more
Indiana easily broke their previous sports betting handle record in January, with $500,138,648 wagered during the month. With the Super Bowl and Winter Olympics taking place in February and nearby Ohio not yet hosting any legal sportsbooks, February could be even bigger for Indiana. INDIANAPOLIS … Read more
Wyoming residents bet over $6.2 million on sports in the first month of legal sports betting. Although a lot of citizens placed bets, sportsbooks lost money in the first month of operation CHEYENNE, Wyo. – Wyoming sportsbooks just had their first full month of taking … Read more
Illinois sportsbooks saw $400.4 million in wagers in August, up from the $369.1 million wagered in July. Online sportsbooks dominated the market, with 95% of total bets for August coming from mobile sportsbooks. DraftKings was the biggest sportsbook in August. SPRINGFIELD, Ill. – Illinois sports … Read more
Tennessee held a recent hearing on Tuesday to discuss the regulations of its sports betting market transferring to the Sports Wagering Advisory Committee (SWAC). During the hearing, sportsbooks discussed wishing to change the mandatory hold rule set by the legislation of the industry. There is … Read more
• The Tennessee Education Lottery (TEL) has informed three sports betting operators; two sportsbooks and one supplier, that their applications will be reviewed. • One of the potentially new sportsbooks is Penn National’s Barstool Sportsbook. • The TEL will review these applications on Tuesday at … Read more