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
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
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
DraftKings announced a partnership to bring their sportsbook to the Foxwoods El San Juan Casino. Ontario has legalized online sports betting, and FanDuel was quick to offer its sportsbook and casino options. TORONTO – Daily fantasy sports (DFS) powerhouses DraftKings and FanDuel each announced deals … Read more
New York sports betting handles have grown every week in March FanDuel had the largest handle of the third week in March FanDuel, DraftKings and Ceasars Sportsbooks took 80% of the market share NEW YORK – New York’s mobile sports betting handle has seen consistent … Read more
The Alcohol and Gaming Commission of Ontario has granted BetMGM, the Kambi Group, and the Ontario Lottery and Gaming Corporation regulatory access to the Ontario market. BetMGM is now the 15th sportsbook operator to receive approval in Ontario; additional operators, such as Caesars and DraftKings, … Read more
A committee representing several of California’s native tribes has launched an advertising campaign against the California Solutions to Homelessness and Mental Health Support Act. The tribes argue that the initiative would break a promise to the tribes that they would be granted exclusive rights to … Read more
Michigan’s sportsbooks saw a drop in sports betting handles from January to February in a continuation of a nationwide trend; however, handles are still up compared to 2021. Despite the slow month for Michigan’s sportsbooks, online casinos in Michigan set a new record for online … Read more
Sportsbooks in Illinois handled nearly $870 million in bets in January, a 23.8% increase from December 2021 and a 49.2% increase year-over-year. These figures only stand to improve as Illinois’ in-person sportsbook registration requirement was lifted earlier this month. SPRINGFIELD, Il – Illinois saw one … Read more