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
DraftKings had the highest handle of all Massachusetts sportsbooks in their 2023 March sportsbook revenue report with over $257 million wagered. Players had the most success betting on DraftKings, as the sportsbook held the lowest percentage of revenue at 6.26% The state recorded nearly $550 … Read more
Major sportsbooks have too much power when it comes to manipulating the market. Players have been received betting limits and had VIP invitations retracted because of their betting success. LAS VEGAS – Sportsbooks are manipulating the gambling market by arbitrarily limiting bettors and stripping players … Read more
PointsBet is the seventh biggest sports betting company in the U.S. and will now be selling its North American division. Heading into 2023, the operator posted some impressive numbers with over a billion dollar handle for the first half of the fiscal year. Prospective buyers … Read more
PointsBet has withdrawn their application for an untethered online sports betting license in Massachusetts. The surprise withdrawal increases the number of available untethered Massachusetts sports betting licenses to two. BOSTON – Online sports betting in Massachusetts launched just three weeks ago on March 10. Nine … Read more
Massachusetts has launched their online and mobile sportsbooks as of 10 a.m. EST. Friday. Six operators have stated they are ready and have begun actively accepting bets, with at least five more preparing to start at a later date. The overwhelming amount of sports betting … Read more
DraftKings has released their most bet on women athletes and women’s sports teams The number of women bettors has grown drastically in recent years, with reports as high as a 115% increase in the last year As a community, the acceptance and willingness to teach … Read more
After a little over a month since retail betting became legalized in Massachusetts, online sports betting is slated to follow this week. BetMGM and DraftKings are among the operators preparing to launch, with the former striking a deal with the Boston Red Sox. Important details … Read more
Bipartisan support for a new sports betting legalization bill is a significant development. 19 members in the Texas Sports Betting Alliance have supported the legalization movement. Imposed tax rates have varied between bills from around 6.25%-10%. DALLAS – SB 715 has been introduced in the … Read more
DraftKings and BetMGM both released statements alerting customers of data breaches. Both state-based legal sports betting sites admitted to private information such as credit card numbers, addresses, and player names getting released. BOSTON – According to both DraftKings and BetMGM, the two popular state-regulated sports … Read more
Massachusetts Governor Charlie Baker will become the next president of the NCAA as of March 2023. Unlike the current NCAA president, Mark Emmert, Baker supports legal sports betting in the US. The 2021 NCAA March Madness Championship saw a 14% decline in total viewership to … Read more
MaximBet shutdown just a few days after FuboTV announced their ceasing of operations. Cannibalization of sportsbooks may continue as sportsbooks struggle and customers lodge complaints. INDIANAPOLIS – Last week, MaximBet released a statement ceasing operations as a legal US sportsbook. Players will have to rely … Read more