by Michael Molter | Aug 21, 2019 3:34 pm | Revenue
Mississippi baseball betting made up over three-fourths of the entire monthly betting handle during July. Football betting in Mississippi alone has totaled $112.5 million since the state’s launch in August 2018. The last four months of sportsbooks’ betting revenue...
by Michael Molter | Aug 21, 2019 1:24 am | Sports Betting
DraftKings has operational sportsbooks in three states but is ready for expansion. Through a deal with Penn National Gaming, DraftKings will launch mobile betting in many states. CEO of DraftKings, Jason Robins, predicts two-thirds of the country will have mobile...
by Hasan Nabulsi | Aug 14, 2019 11:11 am | Sports Betting
Horseshoe Casino, Indiana’s largest casino, is expected to launch their sportsbook on September 4, 2019, the day before the 2019 NFL season will begin. The American Gaming Association estimated that American’s wagered $6 billion on last season’s Super Bowl alone. MS...
by Michael Molter | Aug 13, 2019 2:32 pm | Revenue
Last football season, bettors in Nevada risked over $1.8 billion on football action. From that total, the sportsbooks were able to keep $129.7 million, or 7.2%. To reach a $2 billion handle, every month would need to see an increase of 11%. LAS VEGAS – Sports betting...
by Michael Molter | Aug 12, 2019 2:48 pm | Revenue
Twin River Worldwide Holdings has over $383 million in cash and cash equivalents at the time of reporting. To end July, the company executed their capital return program, funded from cash on hand. Purchasing more casinos about the country, Twin River is operations in...
