How Sports Betting Revenue Will Be Affected By Conference-Only CFB

Stanford Stadium

The Big Ten and PAC-12 conferences have announced that their members will be playing exclusively conference games in Fall 2020. Other conferences will make their own decision on non-conference games in late July, but it is likely that nonconference games will either be limited or … Read more

Indiana Sports Betting Handle, Revenue Both Decreased In June

Indiana Sports Bettors

Indiana totaled a $29.8 million betting handle in June and collected $2.9 million in sports betting revenue. This raised $277,600 in state taxes. Handle was down 20% from May; revenue was also down 8%. It is strange to see betting handle and revenue decrease after … Read more

Why Didn’t Nevada Report Sports Betting Revenues In April?

Las Vegas Sportsbook

Nevada redacted online sports betting and poker revenues from its April gaming revenue report. This was done in accordance with a state law protecting the privacy of individual companies’ finances—World Series of Poker was the only online poker company to report revenue. Total online gaming … Read more

California Seeks To Ratify Sports Betting Bills To Balance Budget

California Sports Betting

California is now facing a $50 billion budget deficit because of the economic effects of COVID-19 and is looking at legalizing sports betting to help offset the damage. Legislators have finally set operating conditions for the existing sports betting bills, although they still must be … Read more

Iowa Sports Betting Reports Record Low Revenue In Dismal April

Empty Street To Old Capital

Iowa recorded record lows for both sports betting handle and revenue in April. COVID-19 shut down 6 Iowa sportsbooks entirely and relegated the other 13 to online wagers only. Iowa casinos could begin reopening by mid-May, but until major American sports leagues resume, sports betting … Read more

Indiana’s Successful Sportsbook Launches Come By Way Of NFL Bettors

Frank Reich

Indiana sportsbooks collected over half of their betting handle from football bettors. The books located next to NFL teams were the most successful sportsbooks in Indiana. Indiana now has the record for the highest betting handle during its launch month. INDIANAPOLIS – The first month … Read more

Rhode Island Sports Betting Revenue Projections Are $20 Million Off The Mark

Rhode-Island-Sports-Betting-Revenue

A report stated that Rhode Island will only make $2.3 million from sports betting this year. The original estimate from Governor Gina Raimondo was about $24 million. The lawsuit over mobile sports betting could further impact revenue projections. PROVIDENCE, R.I. – Rhode Island is expecting … Read more

Looking At The Sports Betting Numbers: Delaware’s 1st Quarter Report

pennsylvania_sportsbooks

Delaware Park is responsible for 61% of the state’s sports betting handle. Delaware has reached a total sports betting handle of $114 million since June. January and March accounted for 99.3% of the first three month’s revenue. DOVER, Del. – With 667,002 wagers placed on … Read more

Monmouth Park Down $502K From February Sports Betting In New Jersey

monmouth park sports betting

Sports Betting Financial Reports For The Month Of February Released By The New Jersey Department Of Gaming This Week February Marks The Costliest Month Of Sports Betting At Monmouth Park In N.J. OCEANPORT, N.J. – Those who are familiar with the sports betting industry know … Read more