Indiana’s sports betting revenue reports for November reported a record-setting handle of $513.67 million in November. The state saw a surprisingly low $2.9 million in sports betting taxes from the record handle. DraftKings set a monthly sports betting handle record in Indiana for a third … Read more
The North Carolina Lottery Commission met on Wednesday to finalize their sports betting rules and give an update on operator applications. North Carolina received applications from 14 different sports betting operators but there only can be 11 operators in the state. The Commission adopted the … Read more
DraftKings, Fanatics Sportsbook, and FanDuel will begin offering online sports betting in Vermont on Jan. 11, 2024. ESPN BET and BetMGM also submitted applications but weren’t named as Vermont sports betting operators. Vermont expects to earn more than $7 million in sports betting revenue for … Read more
DraftKings faces a class action lawsuit from Massachusetts citizens who opened accounts with DraftKings in response to the $1,000 bonus sign-up promotion. The Public Health Advocacy Institute alleges that the $1,000 bonus is “unfair and deceptive” for new customers. Richard Daynard spearheads the lawsuit, the … Read more
Kentucky earned nearly $8 million in tax revenue from their first two months with legal sports betting, putting them well ahead of their yearly expectation. Kentucky residents wagered $340.8 million in September and October. Retail sports betting launched Sep. 7, with online sports betting launching … Read more
Maine residents bet more than $37.6 million in their first month with legal sports betting. The state collected $464,151.27 is sports betting taxes for November. DraftKings received over 81% of the monthly handle and generated $4.6 million in revenue. AUGUSTA, Maine – Excited Maine residents … Read more
New York residents wagered $1.978 billion in handle through Nov. 26. The New York State Gaming Commission reported a sports betting handle over $516,000 for the week ending Nov. 26. New York became the first state to reach a $2 billion monthly online sports betting … Read more
Lebron James’ longtime manager, Maverick Carter, admitted to betting on the NBA through a local bookie in a 2021 interview with federal law enforcement. Carter is not facing any criminal charges. He never acted as a local bookie and only placed bets himself/for himself. LOS … Read more
DraftKings gets off the hook for more than $575,000 in winning bets to Massachusetts players who took advantage of an error. The Massachusetts Gaming Commission voted 3-2 in favor of DraftKings providing a cash or bonus bet compensation for customers who wagered on the incorrect … Read more
Fanatics Sportsbook went live in Virginia making it the seventh state with Fanatics Sportsbook. Fanatics acquired PointsBet US and continues to transfer over their sports betting market share. RICHMOND, Va. – Fanatics Sportsbooks launched in Virginia on Tuesday, marking their seventh state with live sports … Read more
DraftKings Sportsbook set new monthly records in Massachusetts for sports betting revenue and handle in October. The state’s largest operator seeks 178 winning wagers to be voided due to an error with incorrect odds. Massachusetts players placed $4,182.36 and won $575,436 on the incorrect NBA … Read more
ESPN Bet will launch on Tuesday with an exact launch time undetermined. Penn Entertainment and ESPN’s sports betting product launches replace Barstool Sportsbook in 17 states. Some state commissioners raised concerns over the betting influence that ESPN on-air personalities could have. BRISTOL, Conn. – ESPN … Read more