Michigan sports betting has been legalized when Governor Whitmer signed MI HB 4916. Governor Gretchen Whitmer wanted to make sure that school funding is secure. Sportsbooks in Michigan will likely launch in 2020 after setting their regulations. LANSING, Mich. – Michigan sports betting has officially … Read more
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 could start up … Read more
No state has collected as much sports betting state tax revenue as Pennsylvania since June of this year. Four sportsbooks in Pennsylvania are accounting for over four-fifths of the market share and revenue. Online sports betting is continuing to help Pennsylvania sports betting grow into … Read more
Mississippi sportsbooks have collected over $215 million in wagers since the start of the year. September was the second-most profitable month for the sportsbooks in Mississippi. Nearly $2 million has been sent to the state in sports betting taxes year-to-date. BILOXI, Miss. – The sports … Read more
College sports have the most to gain with the increased nationwide legalization of sports betting. For broadcasting rights of the NCAA Tournament, the conferences will charge a premium due to increased fan engagement. These contracts will have the college sports industry break record highs in … Read more
Casinos along the Gulf Coast pulled in $124 million in revenue during March. Sports betting and March Madness are credited with this increase. Mississippi’s riverfront casinos fared worse, primarily due to increased competition from nearby Arkansas venues. JACKSON, Miss. – Thanks to the legalization of … Read more
The figures represented by the New Jersey Department of Gaming Enforcement do not include bets on the tournament that were made in April. March Madness betting resulted in almost three times the number of bets that were made on the Super Bowl. SECAUCUS, N.J. – … Read more
Nevada sportsbooks saw almost $500 million in basketball wagers for March. Over $35 million was kept as revenue for the sportsbooks from basketball alone. Since the start of the year, over $5 million has been taxed to the Nevada government. LAS VEGAS – The Nevada … Read more
New Jersey sees $372 million in sports betting during March. The FanDuel sportsbook has 55 percent of all sports betting action. TRENTON, N.J. – New Jersey sportsbooks saw over $372 million in sports betting handle during the month of March. March has been one of … Read more
Basketball accounted for over 50% of Nevada sportsbook’s revenue for February Super Bowl wagering, though profitable, did not boost the football numbers much. MLB’s Spring Training games saw gamblers win more than the casinos. LAS VEGAS – The Nevada Gaming Control Board released the gaming … Read more
March Madness betting got off to a hot start at DE sportsbooks, turning a handle of over $2 million. In America, March Madness is the second most popular sports wagering event of the year. DOVER, Del. – This past week marks Delaware’s first foray into … Read more
Two of West Virginia’s sportsbooks remain closed due to a contract dispute. March Madness is about to start and these sportsbooks are going to miss the bets. The contract dispute can last until the Sweet 16 or longer. WHEELING, W.V. – March Madness is about … Read more