Indiana recorded $37.4 million in total sports betting handle in May and $3.2 million in revenue—a hold rate of 8.5%. Handle increased 42% from April and revenue increased 104%. Indiana sportsbooks appear to be on the road to recovery, but they won’t return to pre-pandemic … Read more
Five states have reported their April sports betting figures: Indiana, Iowa, New Jersey, Pennsylvania, and West Virginia. In the five states, sports betting revenues are down almost 80% from what they were in February, and handle is down almost 90%. These states only handled $130.5 … Read more
Mobile registration will allow Caesars mobile sportsbook to launch safely in Indiana. This is the second mobile sportsbook to launch in Indiana during the coronavirus pandemic. INDIANAPOLIS – The Caesars mobile sportsbook got approval to launch in Indiana on Monday. The Indiana Gaming Commission gave … Read more
Indiana released its April 2020 sports betting revenue report, and unsurprisingly, handle and revenue both decreased significantly once again. While overall revenue and handle are nosediving, more Indiana bettors are betting on non-traditional sports like table tennis and MMA. The road to full financial recovery … Read more
theScore Bet app for sports betting will now be part of the sportsbook offerings in the state of Indiana. The platform is expected to launch by the fall of 2020 after all the regulatory steps have taken place. INDIANAPOLIS – Indiana just got a new … Read more
Indiana sports betting revenue fell drastically in March due to all major sports being canceled or postponed. The total sports betting handle in Indiana during March reached $75 million, a 60% drop from the month before. Indiana’s sports betting handle was mostly comprised of wagers … Read more
SBTech, an English online gambling firm, was forced to shut down its websites for maintenance after a cyberattack. SBTech offers web services to companies in six different U.S. states. DraftKings recently acquired SBTech, which might have provided the motivation behind this attack. The timetable for … Read more
Former Vice President Joe Biden has been winning more states than his sole competitor, Vermont Senator Bernie Sanders in the Democratic Primaries. Polls for states that have not yet voted are increasingly being postponed due to the COVID-19 outbreak. Sportsbooks are still favoring no brokered … Read more
American sportsbooks saw revenues more than triple from January 2019 to January 2020. Total betting handle increased greatly as well, even after accounting for industry expansion. With more states set to launch sportsbooks in 2020, this trend of growth should continue. LAS VEGAS – In … Read more
Mobile and internet sports betting in Indiana will be coming out just in time for March Madness with PointsBet. Indiana wagered almost double the amount of money on basketball for the month of January than they did on football for the same month. PointsBet is … Read more
BetMGM launches in Indiana, becoming the fifth online sportsbook to launch in the state. BetMGM will have stiff competition if they wish to dominate the Indiana market. Online sports betting takes the majority of sports bets in Indiana. INDIANAPOLIS – Indiana sports betting continues to … Read more
The NFL will allow sports betting lounges to open in stadiums. Only states that legalized sports betting will have betting lounges. Several states with NFL teams are considering to legalize sports betting in 2020. NEW YORK — The NFL has allowed for the opening of … Read more