Nevada’s combined sports betting and poker revenues increased 61% in May, from $3.6 million in April up to $5.8 million. Exact betting figures, win rate, handle, etc. were once again redacted to comply with confidentiality laws. Gambling revenues in Nevada are trending up, but a … Read more
Illinois casinos will be allowed to reopen beginning on Wednesday with new social distancing and public health regulations. This will be the first opportunity for retail sports betting in Illinois in three months. Access to online and mobile sports betting odds have been expanded since … Read more
Rhode Island sportsbooks handled only $11.1 million in sports wagers and earned only $1 million in revenue between March 1 and May 31. This drastic decrease is largely the product of the state’s legal requirement that online betting accounts be registered in person. Casinos are … Read more
New Jersey’s sports betting industry had a $117.8 million betting handle and earned $9.9 million in revenue in May. These totals represent massive month-over-month increases from April, indicating that New Jersey sportsbooks are on the path to financial recovery from COVID-19. Major North American sports … Read more
The NBA has a +200 odd of becoming the first professional league to pay its players in Bitcoin. Both the NBA and the NFL have had players to voice their interest in being paid in cryptocurrency and both have denied the request. As Bitcoin continues … Read more
The four major North American professional sports leagues filed to dismiss a $150 million legal claim by the New Jersey Thoroughbred Horsemen’s Association (NJTHA) on Monday. Their claim is predicated on the fact that the leagues were responsible for an injunction on legal New Jersey … Read more
Pennsylvania handled $74.8 million in sports wagers and earned $4.8 million in revenue in May—both sizable increases. Pennsylvania casinos are beginning to reopen in June, which could help sports betting revenues increase even more. The odds the Pennsylvania sports betting industry takes months to fully … Read more
Major league sports in Canada have asked government officials to legalize sports betting in the country via a combined statement. Sports betting is a regular occurrence in Canada and legalizing the market could only add revenue to the country as well as establish consumer safety. … Read more
Indiana recorded $37.4 million in total sports betting handle in May and $3.2 million in revenue—a hold rate of 8.5%. Handle increased 42% from April and revenue increased 104%. Indiana sportsbooks appear to be on the road to recovery, but they won’t return to pre-pandemic … Read more
Both LeBron James and Kawhi Leonard have won finals MVP for two different franchises, joins Kareem Abdul-Jabbar as the only players to have done so. No one in NBA history has ever won the finals MVP for three or more different teams. Sports bettors are … Read more
Horse racing returned to Puerto Rican sportsbooks this weekend for the first time since the Covid-19 pandemic. The Puerto Rico’s Horse Reform Committee reported 856,524 bets were placed on horse racing this weekend. SAN JUAN, Puerto Rico — Horse racing returned to sports betting menu … Read more
In its first month of operation, Colorado earned a remarkable $25.5 million in sports betting revenue—a staggering total given ongoing COVID-19 restrictions. Colorado has very few restrictions on sports betting operators and low barriers to entry, which should help it quickly develop into one of … Read more