by Jeremias Di Vico | Apr 14, 2023 10:29 am | Legal
The Illinois betting market has been on a hot streak, continually growing and putting up big handle numbers, and is expecting the addition of a popular Vegas operator into the mix Ohio further work to bolster the number of markets available for bettors to wager on...
by Jeremias Di Vico | Apr 6, 2023 2:44 pm | Sports Betting
Colleges around the country have begun cracking down on their sports betting sponsorships, with the University of Colorado ending their partnership and Michigan State staff signing a petition to follow suit. Concerns about student safety and secretive deal details...
by Jeremias Di Vico | Mar 8, 2023 8:58 am | Revenue
Between 2018 and 2023, U.S. sportsbooks have taken in over $200 billion in bets. New Jersey, Nevada, and Illinois are among the top contributors, thanks in part to their early legalization. Sportsbooks have only held onto less than 5% of revenue in only Kansas and...
by Michael Molter | Oct 17, 2022 8:08 pm | Legal
FuboTV announced their closure of Fubo Gaming to secure a positive cash flow by 2025. They represented less than 1% of the market during 2022 March Madness in Arizona. FuboTV Sportsbooks in Iowa, New Jersey, and Arizona will close immediately. NEW YORK – FuboTV...
by Michael Molter | Oct 17, 2022 4:47 pm | Revenue
Hold rates in September are always high but three top producing states are showing historically high hold rates. This means bettors aren’t winning well, giving more money to the sportsbooks and local governments. NEW YORK – As the fall returns, so does...