Delaware registered a $3.1 million (45%) decrease in sports betting handle, while revenues increased by $400,000 (257%). The $3.9 million in total handle was the lowest monthly total in Delaware’s 21-month history of legal sports betting. With no mobile sports betting, Delaware won’t see a … Read more
Pennsylvania sports betting revenue increase from $4.7 million to $6.9 million from February to March. At the same time, handle decreased by over 60%, down to just $131.3 million. The financial future of sportsbooks across the country, including Pennsylvania, is in doubt as COVID-19 will … 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
Sports betting revenues will likely be severely reduced for at least the next several months because of the widespread sports shutdowns caused by COVID-19. U.S. sportsbooks were mostly unaffected by COVID-19 in February and managed to post $83.1 million in reported revenue during the month. … Read more
In February 2020, Delaware handled $7 million in sports bets and earned $160,000 in sports betting revenue. This performance was a big improvement over February 2019, but a disappointment overall. Sports betting revenue in Delaware is trending down in general, and it seems that interest … Read more
Pennsylvania handled nearly $330 million in total bets in February but earned only $11.4 million in gross revenue—a hold percentage of 3.47%. This figure is disappointing for Pennsylvania sportsbooks, and there is no clear reason for the decrease. With March Madness and other sporting events … Read more
D.C. sportsbooks are set to launch at the end of March. Upcoming sportsbooks in D.C. are preparing to launch without any major sports to bet on. WASHINGTON – Despite the lack of sports to wager on, Washington D.C. sportsbooks are set to launch by the … Read more
Sportsbooks around the country have been forced to either close temporarily or turn to new sports to make up for lost revenue. Notable betting options now include Liga MX, UFC, and the Australian Football League. These options have been popular with American fans despite their … Read more
Sportsbooks in the United States could lose $2 billion in handle and nearly $200 million in revenue as a result of the COVID-19 pandemic. Local and state governments project to lose over $24 million in tax collections off this lost revenue. Even once the sports … Read more
The Hornets (+425) earned a big upset win over the Heat. Washington State (+400) shocked NCAA Tournament-bound Colorado in the Pac-12 tournament. Syracuse (+2.5) reminded us that North Carolina isn’t very good with a blowout ACC tournament win. An open net goal in the closing … Read more
NCAA has announced the men’s basketball tournaments will continue without fans in attendance due to growing concerns of coronavirus spreading. The games will only have essential staff and limited family members in the stadium during the games. This announcement follows the NBA’s Golden State Warriors … Read more
NCAA won’t allow betting data to be broadcasted by TV networks. There are tournaments being played in states with legal sports betting. INDIANAPOLIS — The NCAA has announced that they will not be permitting any sort of sports betting data to be broadcasted during March … Read more