It’s Official! NJ Sportsbooks Surpass $1 Billion In Monthly Handle

New Jersey Sportsbook

New Jersey sportsbooks see $1.01 billion in total betting handle in September 2021. Sports betting revenue spiked 82.9% month-over-month for $82.4 million. Football bets accounted for more than $400 million of total bets. TRENTON, N.J. – Sportsbooks in New Jersey saw a massive 35.1% increase … Read more

Golden Nugget Online Becomes Virginia’s Newest Sportsbook

Golden Nugget Virginia Sportsbook

Golden Nugget Online Sportsbook officially launched in Virginia on Wednesday morning, becoming the ninth online operator in the state. This launch comes after a two-month delay from the mid-August estimate provided by the Virginia Lottery. RICHMOND, Va. – Virginia sports bettors have another option to … Read more

An Early Look At Ontario Sports Betting Since Its Launch

Canadian Sports Betting

Sportsbooks in Ontario launched on August 27, 2021. Since going live, 45% of total wagers have been placed on football, with the NFL seeing 34% of the total handle. Ontario sportsbooks could generate up to $570 million CAD in 2022 at this rate. TORONTO – … Read more

Tennessee Is Transferring Its Sports Betting Market To SWAC

Tennessee Sports Betting

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

Multiple Arizona Sportsbooks Awaiting ADG License Approvals

Arizona Department of Gaming

The Arizona Department of Gaming (ADG) has approved TwinSpires to launch in Arizona. TwinSpires is the eighth Arizona online sportsbook to receive a license. Arizona sports betting laws allow for 18 online sportsbooks in total statewide. PHOENIX – Arizona’s sports betting market has gotten off … Read more

Pennsylvania Sports Betting Drops For August Revenue

Pennsylvania Sportsbook

Pennsylvania sports betting was up in handle for August but down in revenue due to sportsbook promotions for the month. Revenue was down 7.9% month-over-month while handle was up 14.5%. The 2021-2022 NFL season is expected to have the industry see a surge in handle … Read more

Michigan Betting Activity Up, Revenue Down In August 2021

michigan

There was $208.6 million wagered on sports in Michigan for August, up 1.1% month-over-month. Sports betting revenue dipped 15.5% to $17.5 million for the state. However, this NFL season will be the first full season for the Michigan online betting market. LANSING, Mich. – Michigan … Read more

Arizona Sports Betting Dominates NFL Week 1 Per GeoComply

Arizona Sports Betting

GeoComply has revealed the top sports betting markets during the opening week of the NFL season and Arizona saw the fourth most wagers. There were 58.2 million geolocation transactions during Week 1 of the football schedule. This NFL opener more than doubled the activity that … Read more

DraftKings, BetMGM Could Launch In Wyoming On Wednesday

Wyoming Sportsbooks Launch

The Wyoming Gaming Commission (WGC) will be holding a special meeting on Wednesday, September 1 to potentially approve DraftKings and BetMGM for early launches in the state. If lawmakers vote in favor of this, betting fans can start placing action on sporting events immediately. The … Read more

Maryland Releases Sports Betting Rules For Public Review

Maryland Sportsbook

The Maryland Lottery & Gaming Control Commission (MLGCC) has released its sports betting rules for public review and comment. The 227-page proposed rules and regulations have been published in the Maryland Register. These rules will be available to the public for 30 days. ANNAPOLIS, Md. … Read more

LSB Brief: Sports Betting Setbacks And Forward Movement 08/24/2021

NY Mobile betting

North Carolina’s expanded sports betting bill SB 688 was voted on and passed in the Senate. Massachusetts sports betting bill HB 3977 remains stalled in the legislation. Maryland is to miss the start of the NFL season as the sports betting rules remain unfinalized. RALEIGH, … Read more

BetMGM Launching In South Dakota With Deadwood Partnership

Deadwood, SD

South Dakota passed legislation to regulate sports betting in November and the official rules to regulate sports betting in Deadwood were unanimously voted on. BetMGM has partnered with LIV Hospitality to bring sports betting to two Deadwood Casinos. Both mobile and retail sportsbooks will come … Read more