Since its launch in January 2022, NY has seen over $400 million in mobile betting revenue with the state seeing over $200 million in taxes. ALBANY, N.Y. – Morgan Stanley has recently given its projections on the New York sports betting market, predicting revenue reaches … Read more
Comparing odds between internationally and state-regulated sportsbooks shows odds discrepancies on the favorites. PARIS – Both the men’s and women’s French Opens started on May 22, and with so many matches at play, there are endless opportunities to gain a leg up on sportsbooks. The … Read more
DraftKings officially launches its sportsbook in Ontario, Canada, continuing its North American expansion. DraftKings joins the likes of Caesars, BetMGM, FanDuel, and PointsBet in Ontario. 13 total operators have been approved to offer sports betting apps in Ontario. BOSTON – Canada bettors in Ontario now … Read more
New Jersey’s streak of $1 billion betting handle months comes to an end in April 2022 as sportsbooks raked in $926.9 million. The betting handle is actually up 23.9% compared to April 2021 but revenue is slightly down 8.2% year over year, however. TRENTON, N.J. … Read more
As of now, there are two sports betting bills that have received enough signatures to be on the 2022 November Ballot in California. The sports betting bill, backed by commercial sportsbooks, would give 85% of taxes towards mental health & homelessness programs. HIGHLAND, CA- The … Read more
Iowa generated a $177 million betting handle in April. The Racing and Gaming Commission report shows that some big-name sportsbooks led the way. DES MOINES, Iowa – The Iowa Racing and Gaming Commission released their April 2022 sports wagering revenue report. Their report shows that … Read more
Zandon has +500 odds to win the Kentucky Derby on Bovada. White Abarrio has +1000 odds to win the Kentucky Derby on DraftKings. Happy Jack has +6600 Kentucky Derby odds on BetOnline. LOUISVILLE, Ky. – The 2022 running of the Kentucky Derby is just 24 … Read more
Colorado Rockies outfielder Charlie Blackmon signed the first-ever agreement between an active player and a sportsbook – MaximBet – this week. The MLB’s rise in sports betting partnerships puts baseball in a difficult position regarding Pete Rose, the all-time hits leader serving a lifetime ban … Read more
According to March’s revenue report released by the Indiana Gaming Commission, Indiana’s sportsbooks generated $476.8 million in wagers and $32 million in revenue during March. This pushed the total betting handle to over $1 billion since launch. INDIANAPOLIS – A solid March led to Indiana … Read more
Lawmakers in New York are continuing efforts to rework the 51% tax rate for sportsbooks. The bill would also increase the number of sports betting operators in New York. New York has benefited greatly from the 51% tax rate, taking in $163.6 million in taxes … Read more
Iowa’s sportsbooks handled $233.5 million in wagers in March, up compared to both last month’s handle and March 2021’s handle. March was Iowa’s second-strongest sports betting revenue month since launch, with sportsbooks generating a combined $14.4 million in sports betting revenue. DES MOINES, Iowa – … Read more
California’s voters currently have three competing sports betting initiatives to choose from, with each providing a slightly different legal sports betting market. The California Solutions to Homelessness and Mental Health Support Act is the most likely initiative to pass, with financial support from retail giants … Read more