New Jersey legalized online casino games and online poker in February 2013. Online casino revenue in New Jersey was only expected to increase by 20%. Sports betting focused online platforms, including DraftKings and FanDuel Sportsbook, offer casino games in New Jersey. ATLANTIC CITY – While … Read more
Delaware sportsbooks are bringing in sports betting revenue at some of the highest winning margins in the country. Despite the bettors in Delaware’s shaky performances, the state is still far off its revenue projections. As the betting handle continues to decrease each month compared to … Read more
More people in Delaware are betting on sports and they are winning more too. The betting handle was higher in November of last year compared to this year. The lack of mobile wagering could be holding back Delaware sports betting. DOVER, Del. – The sports … Read more
Mississippi sportsbooks set new monthly records in terms of the betting handle and revenue for October 2019. The revenue generated in October from Mississippi sportsbooks equals a third of all revenue collected in 2019 for the state. No state has seen sports bettors continue to … Read more
Delaware sportsbooks made more money in September than the last four months combined. Harrington Raceway set a new record for its highest monthly betting handle with $2.28 million collected. Since the state’s launch in June 2018, over $150 million has been wagered at the three … Read more
Saint Joseph’s University bans all students, staff, contractors, and faculty from betting on the school’s events. Purdue is looking to take a similar approach in banning the staff, but potentially permitting the students. The framework of the idea is rather unsettled with the legalization of … Read more
There are a total of 13 states with active legal sportsbooks in the US. Each state with legal sports wagering has its own laws when it comes to betting on college sports. Tallahassee, Fla. – With the 2019 college football season well in its groove, … Read more
The sports betting handle in Rhode Island has decreased three of the last four months. Twin River Casino is only $11,500 from collecting over $5 million in sports betting revenue on the year. Tiverton Casino will likely break the $1 million state tax contribution mark … Read more
The three licensed sportsbooks in Delaware recently released their July revenue numbers. Almost 50,000 wagers less were made at Delaware sportsbooks in July compared to June. Since the beginning of the year, the three sportsbooks (pre-tax contributions) have collected $5 million in revenue. DOVER, Del. … Read more
Last football season, bettors in Nevada risked over $1.8 billion on football action. From that total, the sportsbooks were able to keep $129.7 million, or 7.2%. To reach a $2 billion handle, every month would need to see an increase of 11%. LAS VEGAS – … Read more
Twin River Worldwide Holdings has over $383 million in cash and cash equivalents at the time of reporting. To end July, the company executed their capital return program, funded from cash on hand. Purchasing more casinos about the country, Twin River is operations in five … Read more
Every quarterly report has watched the country’s sports bettors cut the books’ margins. In launch months, no state has seen bettors keep over 90% of the handle. With New York and Arkansas having launched in July, this trend is likely to be broken with 2019 … Read more