In the first full year after PASPA’s repeal, New Jersey handled the second-highest volume of wagers. With another strong year in 2020, the state could challenge Nevada’s sports betting supremacy. Sportsbooks capitalized on online betting platforms and New York City to fuel this growth. TRENTON, … Read more
The number of prop bets for Super Bowl 54 continues to expand as the game gets closer. Sportsbooks are listing wagers on what the largest bet on the game will be. MIAMI – There are quite literally hundreds of Super Bowl 54 prop bets listed … Read more
New Jersey is slowly becoming the mecca for sports betting in the United States. Mobile sportsbooks are allowing for New Jersey sports betting to grow. The New Jersey Economic Development Authority wants to create good-paying jobs. TRENTON, N.J. – The New Jersey Economic Development Authority … Read more
The total money wagered at licensed sportsbooks throughout 2019 broke the $11 billion mark. Over $750 million was kept by sportsbooks as revenue from bettors’ losing wagers. With mobile betting becoming standard, 2020 should see over $20 billion wagered. LAS VEGAS – Since PASPA was … Read more
California lawmakers and tribes both have an interest in sports betting. Sports betting could potentially be a $2.2 billion industry. The main difference between the two proposals is mobile sports betting. SACRAMENTO, Calif. – The first hearings for California sports betting will begin on January … Read more
Illinois approved sports betting in 2019 with the passage of Illinois Senate Bill 690. Experts believe the future Illinois sports betting handle can rival that of Nevada. Meanwhile, bettors in the Chicago area have flooded the northwestern casinos in Indiana. CHICAGO –The Illinois Gaming Board … Read more
Casino Queen Marque does not have a sports betting operator yet. There are 19 licensed casinos in Iowa. Mobile sports betting is driving in the most traffic and revenue for the casinos. DES MOINES, Iowa – The Iowa Racing and Gaming Commission announced this week … Read more
Nevada sportsbooks took in almost $550 million in legal sports wagers during October. Year over year, sports betting revenue increased by $100 million from legal sportsbooks. New sports betting handle and revenue records should continue to be set with mobile betting. LAS VEGAS – With … Read more
Pennsylvania has now collected more than $10 million over the last two months from legal sports betting taxes. The “Big 4” continues to dominate the Pennsylvania sports betting market share, collecting 89% of all wagers. Over $241 million was bet on sports in Pennsylvania – … Read more
International Game Technology (IGT) and its PlaySports product have made its way to Oregon. The Mill Casino has chosen PlaySports as its provider for all of their facility’s sports betting needs. Self-service kiosks will make up the bulk of how customers will be able to … Read more
No state has collected as much sports betting state tax revenue as Pennsylvania since June of this year. Four sportsbooks in Pennsylvania are accounting for over four-fifths of the market share and revenue. Online sports betting is continuing to help Pennsylvania sports betting grow into … Read more
GeoComply has the technology to not only verify a customer’s location but for their activity within multiple accounts. They have been recording a number of bettors placing sports bets at highway rest stops in states where mobile sports wagering has been legalized. Geofencing technology ensures … Read more