Sports bettors in the Biloxi region have wagered over $189 million since the launch of the industry. The Beau Rivage opened their newly renovated sportsbook on their one-year anniversary date. With the future addition of horse race betting, the Beau Rivage has everything to offer … Read more
Mississippi sportsbooks have kept $30.5 million in revenue (pre-tax contributions) since the August 1, 2018 launch. A four-percent tax is given to the cities that host the sportsbooks, and the Tunica region is in need of the funds. Sam’s Town Casino is planning a college … Read more
June sports betting in Rhode Island accounted for the worst bettor performance, only keeping 85.41% of all action. Over $2.5 million was contributed to Rhode Island through taxes during April, May, and June. Twin River Casino has taken in four out of every five dollars … Read more
Every quarterly report has watched the country’s sports bettors cut the books’ margins. In launch months, no state has seen bettors keep over 90% of the handle. With New York and Arkansas having launched in July, this trend is likely to be broken with 2019 … Read more
DraftKings operates both a retail and online sportsbook in New Jersey as well as a retail sportsbook in Mississippi. This marks the second sports betting partnership for the MLB, as the league signed a deal with MGM resorts last November. DraftKings will now have access … Read more
Being that each state taxes sports betting at a different rate, a higher betting handle doesn’t always equate to more money for the state. New Jersey has collected the most sports betting tax revenue through 2019; however, Pennsylvania could surpass them with their recent mobile … Read more
June was Mississippi’s lowest sports betting handle since their launch month of August 2018. Over $3.5 million has been contributed to the state and local governments from legal sports betting. Mississippi bettors continue to struggle as they hold the lowest win percentage of all legal … Read more
William Hill US has partnered with both Isle Casino properties, bringing their Iowa sports betting operations to four venues. The Iowa Racing and Gaming Commission (IRGC) must approve regulations and licenses before action can be taken. Sports betting regulations prohibit Iowa bettors from placing wagers … Read more
Betting action has surpassed $9 billion since May 2018 – when PASPA was repealed by the Supreme Court. Using the hold percentage from sportsbooks is the best indicator of sports bettors’ success. Sportsbooks have seen their hold percentages decrease in every financial quarter since Q3 … Read more
GVC Holdings advertises across more than a dozen countries where it does business. In the US, GVC is partnered with MGM Resorts International. GVC technology is used in the playMGM app and powers the BorgataSports betting platform. LAS VEGAS – GVC Holdings, one of the … Read more
DraftKings’ Flash Bet product is faster than traditional live betting. At Wimbledon, Flash Bet will allow wagers to be placed on every point. If successful, DraftKings could launch Flash Bet for all major US sports. BOSTON, MA – If DraftKings has its way, live betting … Read more
Since PASPA was repealed, over $9 billion has been wagered at legal, state-licensed sportsbooks. Nevada has seen New Jersey take in more revenue in three of the first twelve months of post-PASPA sports betting. Every state (except New Jersey and Pennsylvania) posted their lowest betting … Read more