Indiana, North Carolina, and Kansas each saw a significant increase in sports betting revenue in November of 2025. North Carolina set a record for the highest handle in any month since sports betting was introduced in the state. INDIANAPOLIS – November brought record numbers for … Read more
The average hold rate in Nevada averaged 5-7% before 2018. Since nationwide regulation, sportsbooks now keep 9.7% of every dollar bet. This increase easily links to parlay promotions and advertising. Some states are seeing nearly 70% of their monthly revenue come from parlays. PHOENIX – … Read more
New studies show that Americans are withdrawing from their investment portfolios to have more liquid funds for sports betting. NEW YORK – Over the past few years, the expansion of legalized sports betting across the United States has painted a stark picture of its financial … Read more
New Jersey sportsbooks saw $1.1 billion bet on sports in March 2022. More than 90% of the total handle came from mobile and online sportsbooks. March Madness betting carried the market, with over 17 million basketball bets in March. TRENTON, N.J. – New Jersey sports … Read more
Indiana residents wagered more than $476 million on sports in March Indiana’s March sports betting handle increased 50.5% year-over-year The majority of March’s sports betting revenue came from March Madness wagers. INDIANAPOLIS – The regulated Indiana sports betting market finished the month of March on … Read more
Illinois residents only wagered $679.4 million on sports in February. Sportsbooks made in February just over half of the revenue that they did in January. SPRINGFIELD, Ill. – The regulated Illinois sports betting market saw a significant dip in both handle and revenue throughout February. … Read more
Virginia sportsbooks handled over $401.9 million in sports bets. More than $33 million of the total handle came from Super Bowl bets. Virginia players won over $374.4 million in February Virginia broke $4 billion in total gross sports betting handle. RICHMOND, Va. – Virginia’s regulated … Read more
Arizona residents bet $563 million on sports in January. The combined total revenue from all 14 sportsbooks amounted to $40.5 million. PHOENIX – The recently launched regulated sports betting market in Arizona just proved its popularity after setting a record $563 million handle in January. A … Read more
Colorado sportsbooks reported a revenue loss in February. This is the second month since launch that Colorado sportsbooks have reported a loss. Colorado is now the sixth state to surpass a $6 billion life-time sports betting handle. DENVER, Colo. – Colorado’s February sports betting numbers show … Read more
New York sports betting handles have grown every week in March FanDuel had the largest handle of the third week in March FanDuel, DraftKings and Ceasars Sportsbooks took 80% of the market share NEW YORK – New York’s mobile sports betting handle has seen consistent … 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
January had the second highest sports betting handle in Rhode Island’s market history. Over half of Rhode Island’s sports bets came from online sportsbooks. PROVIDENCE, R.I. – Rhode Island spent residents wagered over $58.6 million on sports in January, the second biggest handle in the … Read more