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 … Read more
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, Nevada’s sports betting revenue may … Read more
Since Michigan launched state-regulated online sportsbooks on January 22, 2021, the state has grown into one of the top sports betting markets in the United States. Virginia first launched sports betting on January 21, 2021 – since, the state became the quickest in the United … Read more
In December, New Jersey saw their fourth consecutive month with over $1 billion in sports betting handle, becoming the first state to surpass $10 billion in yearly handle. New Jersey’s run as the top sports betting market may be coming to an end shortly after … Read more
After months of anticipation, New York finally successfully launched the first batch of their state-regulated mobile sportsbooks on Saturday. New York recorded nearly as many sports betting transactions in the first 12 hours after launch as Pennsylvania, New Jersey, and Michigan did in that time … Read more
Massachusetts Treasurer Deborah Goldberg says that protecting the state lottery is a top priority for her in Massachusetts’ upcoming sports betting bill. One avenue Massachusetts’ legislators are considering to protect the state lottery with the introduction of sports betting is to expand the lottery to … Read more
Only five states have handled more than $5 billion in total sports wagers so far. Colorado is most likely to be the sixth state to have handled a total of more than $5 billion Michigan residents bet almost $1 billion in only two months near … Read more
Michigan Senate Bill 764, which creates a state tax deduction for sports betting losses, passed the Michigan House of Representatives on Tuesday. The bill would allow taxpayers to deduct any gambling losses reported on their federal tax return – it currently awaits Gov. Whitmer’s signature. … Read more
Michigan set new sports betting handle record of $497.6 million in October The majority of Michigan’s sports betting revenue came from online sports betting. FanDuel handled the most October sports bets of any active Michigan sportsbook DETROIT – Michigan is now among multiple other states … Read more
Minnesota Rep. Zack Stephenson announced during a press conference on Thursday that he plans to lead an effort to legalize sports betting during the 2022 legislative session. Minnesota has introduced several sports betting bills since the fall of PASPA, though none have even made it … Read more
Eight states just had record high monthly sports betting handles Over $4 billion total was handled in September New Jersey sportsbooks accounted for $1 billion of the total monthly handle LAS VEGAS – Last month, sportsbooks in several states received more money in wagers than … Read more
There was $208.6 million wagered on sports in Michigan for August, up 1.1% month-over-month. Sports betting revenue dipped 15.5% to $17.5 million for the state. However, this NFL season will be the first full season for the Michigan online betting market. LANSING, Mich. – Michigan … Read more