New York mobile sports betting brought in over a $6 billion handle. New York reported $12.8 million in revenue. NEW YORK – New York expanded its sports betting industry in January 2022 by allowing mobile and online sports betting throughout the state. With the expansion, … Read more
FanDuel is now the official betting partner of the New York Yankees. FanDuel is the number one online sportsbook in New York. This is the second sports betting deal for a New York baseball team. NEW YORK – After FanDuel sportsbook has eclipsed Caesars for … Read more
Former presidential candidate and current Texas gubernatorial candidate Robert “Beto” O’Rourke voiced his support for legal sports betting in Texas this week. O’Rourke is running a campaign against incumbent Gov. Greg Abbott; O’Rourke is considered a longshot to unseat Abbott, though his support could create … Read more
Lawmakers in New York are continuing efforts to rework the 51% tax rate for sportsbooks. The bill would also increase the number of sports betting operators in New York. New York has benefited greatly from the 51% tax rate, taking in $163.6 million in taxes … Read more
Caesars sportsbook is now the official betting partner of the New York Mets. Online betting in New York launched on January 8, 2022. NEW YORK – In recent New York sports betting news, the New York Mets and Caesars Sportsbook have come together on a … Read more
California’s voters currently have three competing sports betting initiatives to choose from, with each providing a slightly different legal sports betting market. The California Solutions to Homelessness and Mental Health Support Act is the most likely initiative to pass, with financial support from retail giants … Read more
New York sports betting handles have grown every week in March FanDuel had the largest handle of the third week in March FanDuel, DraftKings and Ceasars Sportsbooks took 80% of the market share NEW YORK – New York’s mobile sports betting handle has seen consistent … Read more
Genius Sports, a popular sports data company, is now powering Resorts WorldBET’s mobile sportsbook in New York. The partnership will see Genius supply official data for the new mobile app and see Resorts WorldBET utilize the LiveData and LiveTrading services. NEW YORK – The new … 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
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
Assemblyman Gary Pretlow introduced an amendment that would cut sportsbooks’ effective tax rate from 51% to 25% by 2024; Sen. Joe Addabbo presented its sister amendment in the Senate. The amendment would increase the number of online sportsbook skins to cut the tax rate, allow … Read more
FanDuel is now – by a fair margin – the top sportsbook in New York, largely as a result of their leveraging of their DFS and same-game-parlay offerings. FanDuel passed off Caesars Sportsbook, which held the largest market share shortly after launch; however, much of … Read more