Pennsylvania Sports Betting Hits One-Year Mark, Sets Tax Revenue Record

Birthday Cake

No state has collected as much sports betting state tax revenue as Pennsylvania since June of this year. Four sportsbooks in Pennsylvania are accounting for over four-fifths of the market share and revenue. Online sports betting is continuing to help Pennsylvania sports betting grow into … Read more

Sports Betting Makes Its Way To The Poconos

Mount Airy Casino

The sports betting market in Pennsylvania is thriving and another sportsbook location has opened its doors. Mount Airy Casino opened their sportsbook in Pocono, Pennsylvania last week for residents and tourists alike. All visitors must be 21 years old by law to participate in any … Read more

Fox Bet Set To Generate A Loss Of $40m, Per Q3 Stars Group Report

FoxBet and BetStars

The Stars Group launched online sports betting operations in Pennsylvania and New Jersey during the third quarter of the year. Flutter agreed to acquire the Stars Group during Q3, the sale won’t be completed until 2020. The Stars Group International decreased in revenue due to … Read more

GeoComply Reports Sports Betting Locations At Rest Stops

Geo-Fencing

GeoComply has the technology to not only verify a customer’s location but for their activity within multiple accounts. They have been recording a number of bettors placing sports bets at highway rest stops in states where mobile sports wagering has been legalized. Geofencing technology ensures … Read more

Lehigh Valley Could Host Two New Sportsbooks Within Six Months

Lehigh Valley

Lehigh Valley is a 42-mile area that has cities between Pennsylvania and New Jersey. The Downs and Wind Creek could both have new sportsbooks in the near future. If accepted, the sportsbooks could open by the time the NBA playoffs begin. ALLENTOWN, Pa. – Downs … Read more

French Lick Posts Low Hold Percentage, Colts Nation Continues To Win

French Lick Sportsbook

After a launch month, states usually see their licensed sportsbooks’ hold percentage anywhere from 10-40%. French Lick Casino is reported to have held only 5.1% of all money risked due to successful Colts’ bettors. Winning five of their last six, the Colts may challenge bettors … Read more

Legal Sports Betting Revenue Helps States Collect $100M In Taxes

Tax Money

Every state with legal sports betting taxes their sportsbooks’ revenue at a percentage ranging from 6.75% – 51%. While the majority of states only send tax contributions to their statehouse, others give to the cities or counties that host the books. Sports betting revenue and … Read more

Philadelphia Eagles And Unibet Make A Deal, But Not For Sports Betting

Philadelphia Eagles and Unibet

The partnership includes Unibet casino promotions. Sports betting promotion was not a part of the deal with the Philadelphia Eagles. Unibet’s mobile sportsbook is expecting to launch in Pennsylvania later this year. PHILADELPHIA – The Philadelphia Eagles announced on Thursday that they have entered a … Read more

Live! Hotel Casino Philadelphia Receives License To Offer Sports Betting

Live! Hotel and Casino

Live! Hotel and Casino Philadelphia is scheduled to open its casino doors in late 2020, though online sports betting is estimated to open sooner. Cordish Gaming Group is also asking regulators to grant a casino license to their satellite location in Westmoreland County. There are … Read more

FanDuel And GAN Are Taking Bets In Indiana

Indianapolis Indiana

The FanDuel online sportsbook is now taking bets in Indiana. FanDuel and GAN have partnerships in New Jersey and Pennsylvania. GAN is a developer and supplier of B2B online gambling software and services. INDIANAPOLIS – FanDuel and their partner GAN launched their online sportsbook in … Read more

5 Additional States Can Now Display Sports Betting Ads On Google

Google Ads

With the widespread popularity of sports betting, Google has authorized more states to advertise these services on its search engine. These advertisements will come with restrictions under the new Google policy. Ads for wagering on sporting events will not be exclusive solely to the state … Read more