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 … Read more
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 – … Read more
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 in … Read more
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 … Read more
James Holzhauer won $2.4 million in total during his 32-game winning streak on the game show “Jeopardy!” The Westgate SuperContest is a pool-based sports betting contest that involves picking the against the spread for NFL games each week of the season. The Westgate SuperContest will … Read more
Being that each state taxes sports betting at a different rate, a higher betting handle doesn’t always equate to more money for the state. New Jersey has collected the most sports betting tax revenue through 2019; however, Pennsylvania could surpass them with their recent mobile … Read more
William Hill US has partnered with both Isle Casino properties, bringing their Iowa sports betting operations to four venues. The Iowa Racing and Gaming Commission (IRGC) must approve regulations and licenses before action can be taken. Sports betting regulations prohibit Iowa bettors from placing wagers … Read more
Betting action has surpassed $9 billion since May 2018 – when PASPA was repealed by the Supreme Court. Using the hold percentage from sportsbooks is the best indicator of sports bettors’ success. Sportsbooks have seen their hold percentages decrease in every financial quarter since Q3 … Read more
GVC Holdings advertises across more than a dozen countries where it does business. In the US, GVC is partnered with MGM Resorts International. GVC technology is used in the playMGM app and powers the BorgataSports betting platform. LAS VEGAS – GVC Holdings, one of the … Read more
MSG Network is expanding its sports betting coverage by syndicating VSiN’s daily “Follow the Money” program. “Follow the Monday” airs daily from 1 p.m. to 4 p.m. EST. The show blends humorous sports analysis with odds breakdowns and betting advice. NEW YORK – On July … Read more
Rhode Island bettors have won 96.28% of all action year-to-date – the highest amongst every legal sports betting state. Almost $2.5 million has been contributed to the state in sports wagering taxes since RI’s November 2018 launch. Twin River Casino is the clear market leader … Read more
Since PASPA was repealed, over $9 billion has been wagered at legal, state-licensed sportsbooks. Nevada has seen New Jersey take in more revenue in three of the first twelve months of post-PASPA sports betting. Every state (except New Jersey and Pennsylvania) posted their lowest betting … Read more