Pennsylvania sportsbooks handled $111.4 million in wagers and earned $8.6 million in revenue in June, with a hold rate of 7.5%. Handle and revenue continue to increase rapidly every month as the sports betting industry recovers from the March crash caused by the coronavirus pandemic. … Read more
Art Schlichter was once a first-round draft pick from the Ohio State Buckeyes in the early 1980s with the world at his feet, until his gambling threw a promising career away. Long after his NFL career end, he continued to gamble on sports and new … Read more
Louisiana now has a legal tax rate of 8% set for its legal Daily Fantasy Sports (DFS) industry with the signing of House Bill 64 by Governor John Bel Edwards on Monday. The Bayou State expects to receive $375,000 in annual revenue from the DFS … Read more
New Jersey totaled $165 million in sports betting handle and $12.6 million in revenue in June—monthly increases of 40% and 28%, respectively. Casinos began reopening in early July and major North American sports leagues are already returning to play, which should boost handle and revenue … Read more
Different sports betting types appeal to different states, a study done by Betgenius has found. The results of the study were submitted to the land-based casinos that use Betgenius sports betting platforms to help the businesses better understand the needs of the sports bettor entering … Read more
It’s official: Colorado handled $25.5 million in wagers in May and collected $947,000 in revenue. Although the hold rate was lower than average, the total handle was the second-highest of any state in its sports betting debut month, even with the pandemic cutting into live … Read more
Samsung TV Plus users will now have 24-hour sports betting news access as the company will now be airing the SportsGrid network for free. SportsGrid works closely with FanDuel Sportsbook to help with their programming as well as using their data, odds, and wagers throughout … Read more
Indiana sports bettors will have theScore Bet sports betting platform available to them by the end of the summer according to the company. The sportsbook application is in the final stages of approvals before a public launch by the start of NFL season will occur. … Read more
Pat McAfee, former Indianapolis Colts kicker turned sports personality analyst, has officially signed an exclusivity deal with FanDuel. The partnership is the first of its kind as never before has a legal sportsbook and a sports personality curated such a deal. McAfee’s content will now … Read more
Tennessee now has four licensed vendors for their legal sports betting market. The Tennessee Education Lottery (TEL) also has three sportsbooks currently awaiting approval for what is expected to be a September launch of legal sports betting in the state. NASHVILLE, Tenn. – The Tennessee … Read more
PrizePicks is a popular domestic daily fantasy sports operator. The company received $850,000 in bridge funding, a form of short-term private investment aid, in response to the COVID-19 pandemic. The investors for this bridge funding believe in the long-term potential of PrizePicks as a major … Read more
The NFL will be cutting the preseason down to only two games this season There are upsides and downsides to this change including the less NFL game action for rookies. Rookie QBs Tau Tagovailoa (+200 odds) and Justin Herbert (+250 odds) are not favored to … Read more