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
Only five states have handled more than $5 billion in total sports wagers so far. Colorado is most likely to be the sixth state to have handled a total of more than $5 billion Michigan residents bet almost $1 billion in only two months near … Read more
Hard Rock International, owned by the Seminole Tribe of Florida, announced an agreement to acquire The Mirage Hotel and Casino fr om MGM International for $1.075 billion on Monday. The Seminole Tribe will become the first tribal operator on the Las Vegas Strip and just … Read more
Connecticut sportsbooks handled $54 million in sports wagers, much of which came from online wagers. The first month of Connecticut sports betting was the fourth-highest first-month wagering handle in the industry. Connecticut sports betting generated over $4 million in sports betting revenue despite only operating … Read more
Nevada’s $1.3 billion October handle makes it the second state to handle over $1 billion. The October revenue was very low in comparison to the record-breaking wagering handle. $739 million of the total $1.3 billion handle came exclusively from football wagers. LAS VEGAS – Nevada … Read more
Eight states just had record high monthly sports betting handles Over $4 billion total was handled in September New Jersey sportsbooks accounted for $1 billion of the total monthly handle LAS VEGAS – Last month, sportsbooks in several states received more money in wagers than … Read more
Nevada sportsbooks handled more in September 2021 than any other month. Although September had the biggest handle yet, it was only the third highest grossing revenue month. LAS VEGAS – Nevada sportsbooks continue to pull impressive betting numbers, breaking their own monthly handle record yet … Read more
Nevada sportsbooks handled a record-breaking $409 million in July 2021. Baseball accounted for more than half of July’s betting handle. Out of season, football made up about $1 million for July’s handle. LAS VEGAS – Sportsbooks in Nevada are crushing the summer betting drought; July … Read more
Nevada sports betting handle for June reported $544.8 million in wagers taken by sportsbooks statewide. The increase in sports gaming action is believed to be caused by the number of tourists visiting the Silver State because of the lowered COVID-19 restrictions. Mobile sports betting continues … Read more
Chad ‘Ochocinco’ Johnson, Tim Howard, and Nick Mangold are now official brand ambassadors of WynnBET. This is a part of a major promotional push for the Las Vegas sportsbook. This promotion will also carry over to the Blue Wire Podcast Studio. LAS VEGAS – Popular … Read more
The Nevada Gaming Commission released its revenue report, showing that $477.2 million was wagered in May. This is a 4.9% increase month over month but sports betting revenue is slightly down. CARSON CITY, Nev. – Sports betting in Nevada continues to thrive, seeing increases in … Read more