Ohio and New Jersey pulled bets on Alabama baseball off the board last week. With BAMA coach Brad Bohannon being fired, some places are linking the two. TUSCALOOSCA, Ala. – In the morning on Thursday, the University of Alabama fired head baseball coach Brad Bohannon. … Read more
Many states saw a record high in sports wagering handles during March of 2023. A sports betting study revealed that over 18 million more Americans planned to wager on March Madness than Super Bowl 57. LAS VEGAS – A handful of state’s monthly gaming revenue … Read more
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 … Read more
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 have been at the forefront of … Read more
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 … Read more
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 announced … Read more
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 football and its … Read more
Sportsbooks posting the highest hold percentages are found in states without mobile sports betting. But, states with mobile-only sports betting aren’t seeing better bettors across the US industry. States with professional sports teams could play more of a factor than mobile betting access. DOVER, Del. … Read more
Pennsylvania, Illinois, New York and New Jersey have contributed over $1 billion to local governments from sports betting taxes. Nevada sports bettors hold the best win rate (5.65%), while Montana sportsbooks see bettors lose at the US’s worst rate (13.5%). WASHINGTON – Nationwide, sports betting … Read more
Prophet Exchange became the first sports betting exchange to launch in the United States. The app permits bettors to accept or offer betting lines on a variety of professional and collegiate sports. Prophet Exchange doesn’t charge any vigorish, making most lines sit at even odds. … Read more
SuperBook is located in five states with plans to hit double digits over the next year and a half. Great operations, not marketing, will be the key driving force in SuperBook’s return to the top. LAS VEGAS – SuperBook Sportsbook – a name that rings true … Read more
New York’s online betting market has surpassed $9.3 billion in bets in its first six months of being live. This total handle is more than the $8 billion wagered in the first full year of US-regulated betting post PASPA. July 2022 marked the first month … Read more