by Michael Molter | Aug 20, 2019 12:47 pm | Revenue
At the time of writing, over $10.02 billion has been bet at licensed sportsbooks throughout the country. Of that total, $5.44 billion came during 2019 alone, as more states introduce their industries. September 2019 – February 2020 will likely see a combined betting...
by Michael Molter | Aug 16, 2019 4:53 pm | Sports Betting
888 offer sports betting in New Jersey but is looking to expand into other states as well. The company is looking at states attempting to pass all online gaming rather than just sports betting. Despite the continual sports betting expansion in the US, 888 has no...
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 | Jul 31, 2019 10:44 am | Revenue
June’s betting handle of $322 million sets a new record for June sports betting in Nevada. Baseball betting in Nevada during June accounted for 70% of the monthly sportsbook revenue. Sportsbooks in Nevada have failed to contribute more than $1.5 million to the state...
by Michael Molter | Jul 27, 2019 5:12 pm | Revenue
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 Q3....
