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
Michigan has seen a 200% increase in gambling helpline calls since 2020. New York has received over $2.4 billion in sports betting wagers since January 8th, 2022. Michigan has seen a 42% increase in gambling helpline referrals. People spent over 6 hours a day on … 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
According to a new report released by the Pennsylvania Gaming Control Board, Pennsylvania’s sportsbooks turned over a larger sports betting handle in January than ever before. January continues a several-month-long stretch of sports betting success in Pennsylvania, coinciding with a significant increase in sportsbooks’ promotional … 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
Byron Freeland, council for the Arkansas Racing Commission, removed the commission’s proposed sports betting rules from the Legislative Council’s agenda on Wednesday. The move will delay Arkansas’ mobile sportsbook launch by a considerable length of time, with a longer delay being likely as lawmakers will … 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