The Seattle Sounders are favorites on the three-way moneyline with -159 odds. Their opponent, the Vancouver Whitecaps, are favored to be shut out (-140). Underdog odds exist like Seattle scoring over 2.5 goals (+130). SEATTLE – The MLS Is Back Tournament resumes its action throughout … Read more
Burnley is favored over Norwich City with +124 odds. AC Milan is the heavy favorite over Bologna with -189 odds. Los Angeles FC is favored over the LA Galaxy with -139 odds. LOS ANGELES—There is plenty of soccer action taking place today across the board. … Read more
Pennsylvania sportsbooks handled $111.4 million in wagers and earned $8.6 million in revenue in June, with a hold rate of 7.5%. Handle and revenue continue to increase rapidly every month as the sports betting industry recovers from the March crash caused by the coronavirus pandemic. … Read more
Mississippi casinos were able to reopen in late May and early June, leading to the first sports betting action in months. In June, Mississippi sportsbooks handled $1.6 million in sports bets and lost $62,230, a hold rate of -3.85% Although the amount of money lost … Read more
New Jersey totaled $165 million in sports betting handle and $12.6 million in revenue in June—monthly increases of 40% and 28%, respectively. Casinos began reopening in early July and major North American sports leagues are already returning to play, which should boost handle and revenue … Read more
It’s official: Colorado handled $25.5 million in wagers in May and collected $947,000 in revenue. Although the hold rate was lower than average, the total handle was the second-highest of any state in its sports betting debut month, even with the pandemic cutting into live … Read more
Stats Perform extends its multi-year deal as the official betting data and streaming partner of the National Basketball League. The company will also become the official integrity partner working to prevent betting fraud. The rights to the official NBL betting data are given to trusted … Read more
Indiana totaled a $29.8 million betting handle in June and collected $2.9 million in sports betting revenue. This raised $277,600 in state taxes. Handle was down 20% from May; revenue was also down 8%. It is strange to see betting handle and revenue decrease after … Read more
Iowa sports betting handle increased by $5.7 million, or 82%, in June. Total handle was $12.7 million. Even with a hold rate under 5%, Iowa sportsbooks collected $620,000 in revenue—a 24% increase from May. Casinos have begun to reopen with limited capacity and social distancing … Read more
Sports content and data provider Spotlight Sports Group is expanding its presence in the US market with new content. Spotlight Sports Group already has partnerships with US-based companies Pickswise, Racing Post, and FreeSuperTips. The content push will begin with the resumed MLS season and spread … Read more
Deutsche Bank analysts foresee huge positive growth for GVC Holdings in the back half of 2020. Deutsche’s consensus projection for GVC Holdings set its target price at 1040 GBX, nearly 30% above the current price. One analyst went one step forward and projected 2020 earnings … Read more
PrizePicks is a popular domestic daily fantasy sports operator. The company received $850,000 in bridge funding, a form of short-term private investment aid, in response to the COVID-19 pandemic. The investors for this bridge funding believe in the long-term potential of PrizePicks as a major … Read more