by Giovanni Shorter | Jul 20, 2022 1:57 pm | Sports Betting
Over $141 billion have been bet on sports at regulated US sportsbooks since 2018 and over $10 billion in sports betting revenue has been reported by sportsbooks. States with regulated betting have now seen approximately $1.5 billion in tax revenue from local...
by Jerad Paparella | Mar 18, 2022 5:00 pm | Legal
Michigan’s sportsbooks saw a drop in sports betting handles from January to February in a continuation of a nationwide trend; however, handles are still up compared to 2021. Despite the slow month for Michigan’s sportsbooks, online casinos in Michigan set a new record...
by Sam Profeta | Mar 11, 2022 1:39 pm | Sports Betting
Detroit gambling saw a $94.7 million revenue in February. Detroit’s February revenue saw a 3.4% decrease. DETROIT – Sports betting in Michigan primarily sees the busiest action from Detroit. With that said, the City of Detroit alone put February gambling revenue...
by Ben Fiore | Feb 28, 2022 5:39 pm | Sports Betting
Michigan has seen a 200% increase in gambling helpline calls since 2020. New York has received over $2.4 billion in sports betting wagers since January 8th, 2022. Michigan has seen a 42% increase in gambling helpline referrals. People spent over 6 hours a day on...
by Jerad Paparella | Feb 28, 2022 1:43 pm | Legal
Nevada’s sportsbooks handled over $1.109 billion in sports bets in January, up 9.3% from December and 71.6% compared to January 2021. Despite these increases, Nevada’s sportsbooks posted their sixth consecutive month with a sub-par hold rate: if this trend continues,...