by Jerad Paparella | Jan 20, 2022 3:05 pm | Legal
Since Michigan launched state-regulated online sportsbooks on January 22, 2021, the state has grown into one of the top sports betting markets in the United States. Virginia first launched sports betting on January 21, 2021 – since, the state became the quickest...
by Evan Thornton | Jan 12, 2022 3:06 pm | Revenue
December reflects the worst monthly sports betting revenue in Delaware’s history Sportsbooks had their lowest overall hold rate since launch. December marks the third time that Delaware sportsbooks have gone negative in revenue. DOVER, Del. – Dozens of...
by Jerad Paparella | Jan 2, 2022 7:23 am | Legal
Nine states launched their legal sports betting industry in 2021, nearly a third of all states that have legalized and regulated a sports betting industry in the United States. Several states witnessed a large increase in sports betting revenue, handle, hold rate, and...
by Jerad Paparella | Dec 8, 2021 5:30 pm | Legal
Delaware’s sports bettors have suffered a historically bad stretch, with sportsbooks reporting over a 10% hold in nine of the last 12 months – this includes a 14% hold in October. Both Delaware and Montana, the states with the two highest reported holds for...
by Giovanni Shorter | May 13, 2021 12:31 pm | Revenue
Delaware sportsbooks saw less activity in April month over month. Total betting handle saw a 17.9% decrease. Delaware sportsbooks also saw a 7.4% decline in betting revenue month over month. DOVER, Del. – Delaware sportsbooks saw less action in April month over month,...