Over $141 billion have been bet on sports at regulated US sportsbooks since 2018 and over $10 billion in sports betting revenue has been reported by sportsbooks. States with regulated betting have now seen approximately $1.5 billion in tax revenue from local sportsbooks. There is … Read more
66% of Americans are in favor of regulated sports betting on professional teams. 50% of Americans disapprove of allowing betting on college sports. 54% of Americans find states that regulated sports betting is neither good nor bad. WASHINGTON – A recent poll set by the … Read more
David Highhill has been announced as the new VP and general manager for the NFL, a brand new position in the league. Highhill initially ran the go to market sports betting initiatives while under the corporate strategy group for the NFL. This position further shows … Read more
Nevada sportsbooks saw $582.5 million in wagers for April 2022. While this is a major drop compared to March, this is up 28.1% year over year. Pennsylvania reported $572.8 million in bets with over 90% of the wagers coming from online operators. Virginia sportsbooks saw … Read more
Delaware bettors have been extremely successful in the month of February, having two of the four months with a negative total handle. Delaware has recorded three months with a total handle that exceed 25%, all taking place in September and November. LAS VEGAS – Being … Read more
New York launched their mobile sportsbooks in early January; since then, New York has turned over handles of $1 billion or more in both months after the mobile launch. New York’s streak of $1B+ handles looks like it should continue through March, a historically strong … Read more
Nevada’s sportsbooks handled over $1.109 billion in sports bets in January, up 9.3% from December and 71.6% compared to January 2021. Despite these increases, Nevada’s sportsbooks posted their sixth consecutive month with a sub-par hold rate: if this trend continues, Nevada’s sports betting revenue may … Read more
In the first month with mobile sportsbooks available in New York, the state brought in over $1.6 billion in sports betting revenue and over $112 million in revenue. As a result, New York has become the largest sports betting market in the United States and … Read more
This year’s Winter Olympics in Beijing is expected to be the most-bet Olympics ever, with 30 states now offering at least some sort of state-regulated sports betting. There are some potential obstacles in the way, however – there have been over 100 reported COVID cases, … Read more
Since Michigan launched state-regulated online sportsbooks on January 22, 2021, the state has grown into one of the top sports betting markets in the United States. Virginia first launched sports betting on January 21, 2021 – since, the state became the quickest in the United … Read more
Nine states launched their legal sports betting industry in 2021, nearly a third of all states that have legalized and regulated a sports betting industry in the United States. Several states witnessed a large increase in sports betting revenue, handle, hold rate, and tax contributions, … Read more
Nevada sportsbooks set a new revenue record of $71.9 million in November. Sportsbooks handled over $1 billion in a month for the second time. More than half of the overall handle was from football-related wagers. Mobile sports bets accounted for 71.6% of the total handle. … Read more