Fanatics mobile sportsbook app has launched in Massachusetts with a beta testing product. The mobile sportsbook app beta is currently available to pre-existing Fanatics customers. BOSTON– Fanatics Sportsbook launched a beta product of its mobile sportsbook app in Massachusetts for pre-existing customers. Any Massachusetts resident … Read more
WynnBet held 3.14% of sports betting action in April. Success from the Boston Celtics may influence the low hold percentage. DraftKings and FanDuel continue their sportsbook market domination. BOSTON – Bettors at WynnBet took control in April according to the most recent Massachusetts Gaming revenue … Read more
DraftKings had the highest handle of all Massachusetts sportsbooks in their 2023 March sportsbook revenue report with over $257 million wagered. Players had the most success betting on DraftKings, as the sportsbook held the lowest percentage of revenue at 6.26% The state recorded nearly $550 … Read more
PointsBet is the seventh biggest sports betting company in the U.S. and will now be selling its North American division. Heading into 2023, the operator posted some impressive numbers with over a billion dollar handle for the first half of the fiscal year. Prospective buyers … Read more
The Illinois betting market has been on a hot streak, continually growing and putting up big handle numbers, and is expecting the addition of a popular Vegas operator into the mix Ohio further work to bolster the number of markets available for bettors to wager … Read more
PointsBet has withdrawn their application for an untethered online sports betting license in Massachusetts. The surprise withdrawal increases the number of available untethered Massachusetts sports betting licenses to two. BOSTON – Online sports betting in Massachusetts launched just three weeks ago on March 10. Nine … Read more
A Vermont sports betting bill has easily passed the House Ways and Means Committee, now moving to the Appropriations Committee. The bill has strong bipartisan support with nine total sponsors. Sports betting taxes are planning to be used to create a Responsible Gaming Special Fund. … Read more
Massachusetts has launched their online and mobile sportsbooks as of 10 a.m. EST. Friday. Six operators have stated they are ready and have begun actively accepting bets, with at least five more preparing to start at a later date. The overwhelming amount of sports betting … Read more
After a little over a month since retail betting became legalized in Massachusetts, online sports betting is slated to follow this week. BetMGM and DraftKings are among the operators preparing to launch, with the former striking a deal with the Boston Red Sox. Important details … Read more
Between 2018 and 2023, U.S. sportsbooks have taken in over $200 billion in bets. New Jersey, Nevada, and Illinois are among the top contributors, thanks in part to their early legalization. Sportsbooks have only held onto less than 5% of revenue in only Kansas and … Read more
Multiple sportsbooks and casinos in various states were found to be in violation of state law since sports betting became regulated. Fines were the primary punishment, but may prove ineffective if not raised higher. The revenue in most of these casinos and sportsbooks far exceeds … Read more
Sports betting bills are gaining traction in Georgia, Minnesota, Missouri, Kentucky, and even Texas. New York and Massachusetts are each deliberating restrictions on advertisements and affiliate marketing, respectively. WASHINGTON – This week in sports betting saw a myriad of important developments, mainly in terms of … Read more