Indiana released its April 2020 sports betting revenue report, and unsurprisingly, handle and revenue both decreased significantly once again. While overall revenue and handle are nosediving, more Indiana bettors are betting on non-traditional sports like table tennis and MMA. The road to full financial recovery … Read more
Iowa recorded record lows for both sports betting handle and revenue in April. COVID-19 shut down 6 Iowa sportsbooks entirely and relegated the other 13 to online wagers only. Iowa casinos could begin reopening by mid-May, but until major American sports leagues resume, sports betting … Read more
West Virginia handled only $1.9 million in April sports wagers and collected $124,000 in revenue—a 6.54% hold rate. These figures were drastic reductions from the pre-COVID-19 handle and revenue figures. While West Virginia is beginning to reopen, the sports betting industry won’t be able to … Read more
The New Jersey Thoroughbred Horsemen’s Association is seeking $150 million in damages for being stopped from opening a sportsbook for four years at Monmouth Park. The pro leagues stopped the horsemen from accepting bets because they said it would hurt their business and now they … Read more
There are currently multiple Missouri sports betting bills still alive in the 2020 legislative session. MO House Bill 2088 has had the most traction this session and was put on the formal perfection calendar on March 18. The Missouri legislature will adjourn on May 15. … Read more
Sports betting handle and revenue each decreased by 69% from February to March 2020. The betting month was shortened, as COVID-19 essentially shut down sports by March 12 and all Mississippi casinos were forced to close on March 16. Without online betting to fall back … Read more
The MLB and DraftKings have partnered to offer fans some virtual sports betting. The MLB Dream Bracket games will begin on April 20 with a number of games to stream and wager on. NEW YORK – DraftKings and the Major League Baseball (MLB) have come … Read more
Pennsylvania sports betting revenue increase from $4.7 million to $6.9 million from February to March. At the same time, handle decreased by over 60%, down to just $131.3 million. The financial future of sportsbooks across the country, including Pennsylvania, is in doubt as COVID-19 will … Read more
Major League Baseball (MLB) is taking a page from the NBA and streaming video game baseball matchups among professional players that can be wagered on. The three-week tournament of games will have a player from each division represented for a total of 30 players. NEW … Read more
Sports betting revenues will likely be severely reduced for at least the next several months because of the widespread sports shutdowns caused by COVID-19. U.S. sportsbooks were mostly unaffected by COVID-19 in February and managed to post $83.1 million in reported revenue during the month. … Read more
The odds are out for when the NHL, MLB, and NBA will be resuming their regular season games. Major sporting events and their new dates due to the Coronavirus will lead to plenty of betting options for sports bettors in the future with all of … Read more
Sports Bet Montana launched last week with Intralot and the betting lines were all over the normal market price, allowing fewer wagers to be placed. DC also hired Intralot to operate its lottery app, however, DC will have other sportsbooks to choose from allowing the … Read more