New Jersey’s streak of $1 billion betting handle months comes to an end in April 2022 as sportsbooks raked in $926.9 million. The betting handle is actually up 23.9% compared to April 2021 but revenue is slightly down 8.2% year over year, however. TRENTON, N.J. … Read more
New Jersey sportsbooks saw $1.1 billion bet on sports in March 2022. More than 90% of the total handle came from mobile and online sportsbooks. March Madness betting carried the market, with over 17 million basketball bets in March. TRENTON, N.J. – New Jersey sports … Read more
New Jersey lawmakers are deliberating a bill to divert some tax allocation to the benefit of Atlantic City. Mayor Marty Small believes the city should see more funds from the taxes imposed by the state. ATLANTIC CITY, N.J. – A new bill made its way … Read more
New Jersey’s sportsbooks had a rough month in February, with sports betting handles down a significant 26.9%. The decrease in handle led to New Jersey losing its five-month streak of generating a sports betting handle of at least $1B. TRENTON, N.J. – February was a … Read more
Delaware’s three sportsbooks saw a drop in January’s handle and revenue. Delaware’s sports betting handle hit its all-time-high in 2018, and has not reached it again since. DOVER, Del. – Delaware’s sports betting market took a pretty big dip in January, with an overall decrease … 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
The New Jersey Division of Gaming Enforcement reported a record-breaking $1.3 billion was wagered in sports in January. 90% of the total betting handle came from mobile sportsbooks but revenue is slightly down 26.9%. TRENTON, N.J. – The New Jersey sports betting market has managed … 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
On Monday, the New Jersey Division of Gaming Enforcement granted the Esports Entertainment Group authorization to accept wagers on all esports events. The Esports Entertainment Group authorization will make the group New Jersey’s first dedicated esports sportsbook, significantly broadening the state’s sports betting offerings. TRENTON, … 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
In December, New Jersey saw their fourth consecutive month with over $1 billion in sports betting handle, becoming the first state to surpass $10 billion in yearly handle. New Jersey’s run as the top sports betting market may be coming to an end shortly after … Read more