The NFL Draft caused the Philadelphia Eagles and Dallas Cowboys to improve their Super Bowl 58 betting odds the most among top contenders for next season. Philadelphia’s rise was largely based on the influx of top-end talent, while the Cowboys may be moving up because … Read more
Many states saw a record high in sports wagering handles during March of 2023. A sports betting study revealed that over 18 million more Americans planned to wager on March Madness than Super Bowl 57. LAS VEGAS – A handful of state’s monthly gaming revenue … Read more
Colleges around the country have begun cracking down on their sports betting sponsorships, with the University of Colorado ending their partnership and Michigan State staff signing a petition to follow suit. Concerns about student safety and secretive deal details have been at the forefront of … Read more
Between 2018 and 2023, U.S. sportsbooks have taken in over $200 billion in bets. New Jersey, Nevada, and Illinois are among the top contributors, thanks in part to their early legalization. Sportsbooks have only held onto less than 5% of revenue in only Kansas and … Read more
Kansas sportsbooks reported heavy losses following the Super Bowl win by the Kansas City Chiefs. Retail venues like the local casinos took the brunt of damage, reporting a -77.2% return on bets, online operators were better off but still lost nearly $13 million. This Super … Read more
Pennsylvania, Illinois, New York and New Jersey have contributed over $1 billion to local governments from sports betting taxes. Nevada sports bettors hold the best win rate (5.65%), while Montana sportsbooks see bettors lose at the US’s worst rate (13.5%). WASHINGTON – Nationwide, sports betting … Read more
Over $141 billion have been bet on sports at regulated US sportsbooks since 2018 and over $10 billion in sports betting revenue has been reported by sportsbooks. States with regulated betting have now seen approximately $1.5 billion in tax revenue from local sportsbooks. There is … Read more
Nevada sportsbooks saw $582.5 million in wagers for April 2022. While this is a major drop compared to March, this is up 28.1% year over year. Pennsylvania reported $572.8 million in bets with over 90% of the wagers coming from online operators. Virginia sportsbooks saw … Read more
According to a recent report released by the Pennsylvania Gaming Control Board, Pennsylvania’s sportsbooks handled $714.96M in wagers for $48.51M in revenue. The $48.51 million in March sports betting revenue was more than double Pennsylvania’s figure from February when sportsbooks generated just $22.16 million in … Read more
Kansas’ HB 2740 advanced through the House on Wednesday and now faces a May 20 deadline for passage. Kentucky’s HB 606 also recently advanced to the Senate. A pair of sports betting bills in Georgia – both of which would create ballot questions, one on … Read more
Pennsylvania sports betting recorded a $597 million betting handle in February. Their February betting handle is down 24.8% from January. PHILADELPHIA – While Pennsylvania has been one of the hottest sports betting states in the country, they have seen a declining trend since the start … Read more
Delaware’s three sportsbooks saw a drop in January’s handle and revenue. Delaware’s sports betting handle hit its all-time-high in 2018, and has not reached it again since. DOVER, Del. – Delaware’s sports betting market took a pretty big dip in January, with an overall decrease … Read more