by Zachary Kelley | Mar 8, 2024 1:29 pm | Regulatory
Thursday’s men’s basketball game between the Temple Owls and the UAB Blazers was flagged for unusual wagering activity. UAB opened as 1.5-point favorites before the spread jumped to eight points, which the Blazers easily covered in a 28-point road victory. Reports...
by Michael Molter | Jan 3, 2024 12:05 pm | Revenue
With over 30 reports still outstanding, the current US betting total for 2023 is $102.5 billion. Over $90 billion of that was won back by bettors across America. Tax contributions from sportsbooks closed in on $1.8 billion for the year. New York’s tax rate proves the...
by Zachary Kelley | Dec 20, 2023 12:44 pm | Revenue
Pennsylvania broke their monthly sports betting handle record for a second straight month in November. The Pennsylvania Gaming Control Board reported a record $934.1 million worth of total bets in November. FanDuel was the top online sportsbook by handle ($384.1...
by Michael Molter | Nov 20, 2023 1:24 pm | Revenue
The Pennsylvania Gaming Control Board released October’s sports wagering report, detailing a record high in monthly handle ($829 million) and the sixth highest tax contribution $17.3 million. While the revenue created from Pennsylvania sportsbooks hits the general...
by Zachary Kelley | Oct 21, 2023 4:02 pm | Revenue
Pennsylvania’s September sports betting handle surpassed $726 million with the return of NFL betting. The state earned $66.1 million in revenue, a 12.2% increase from Sept. of 2022. FanDuel led all legal Pennsylvania sportsbooks with a Sept. handle of $256.39 million....