by Michael Molter | Dec 31, 2019 11:05 am | Revenue
The total money wagered at licensed sportsbooks throughout 2019 broke the $11 billion mark. Over $750 million was kept by sportsbooks as revenue from bettors’ losing wagers. With mobile betting becoming standard, 2020 should see over $20 billion wagered. LAS VEGAS –...
by Christina Monroe | Dec 19, 2019 11:45 am | Regulatory
Over 20 states will have legalized sports betting in 2020. The three biggest states for the market are not part of those states but have been in favor of legalization. California, Florida, and Texas have faced either tribal or political opposition on the issue....
by Shamiya Harris | Dec 16, 2019 5:21 pm | Regulatory
Rivers Casino Des Plaines opened a new sports bar in their gaming area. The expansion is supposed to bring in a large amount of revenue from sports betting Sports fans in Chicago are excited about the new expansion. CHICAGO – Rivers Casino Des Plaines, one of...
by Daniel Borjas | Dec 11, 2019 7:01 pm | Revenue
Indiana’s revenue report shows that the state brought in $147.3 million in bets in November. Mobile wagering accounted for 65 percent of the total handle for the month. Indiana’s numbers have increased thanks to bettors from Illinois and Ohio. INDIANAPOLIS –...
by Daniel Borjas | Dec 10, 2019 4:14 pm | Regulatory
Illinois sports betting is now legal but it is not active yet. Illinois lawmakers expect that betting will start before March Madness. Mobile wagering could have an 18 month delay period before starting. SPRINGFIELD, Ill. – Lawmakers think that Illinois sports betting...
