The sports betting industry in Virginia has posted another negative month for February with over $3 million in the red. Although the Commonwealth saw a loss, handle was at a record high at $265.8 million for the month. Over 7.3% of wagers came from Super … Read more
Tennessee saw $176.3 million in bets placed in February. The decline in revenue came after the conclusion of the NFL season. NASHVILLE, Tenn.—Since Tennessee launched their sports betting industry back in November of 2020, they have not reported a decline in revenue until now. In … Read more
Tennessee Action 24/7 is back in business after a judge ruled in favor of the appeal they filed. The Tennessee Education Lottery Corp. (TELC) and their suspension of the sportsbook was overturned on Friday as it was said they did not follow proper protocol when … Read more
New Hampshire sports betting handle dropped by 14.7% in handle for February, month-over-month reports show. A revenue decline of 57.5% was seen due to 81% of sports bettors having wagered on Tom Brady and the Tampa Bay Buccaneers for the Super Bowl. CONCORD, N.H. – … Read more
No verdict is in for the appeal of Tennessee Action 24/7 Sportsbook to have their sports betting license reinstated. The case is at a standstill as the state believes the Tennessee Education Lottery Corporation (TELC) was well within its rights to suspend a license indefinitely … Read more
Tennessee Action 24/7 Sportsbook has been suspended indefinitely by the Tennessee Education Lottery. The Tennessee sportsbook was shut down during the early stages of March Madness betting on Thursday. Tennessee Action 24/7 is the first-ever sportsbook to be shut down indefinitely in the United States … Read more
New Jersey saw $743 million wagered on sports in February. Michigan topped $300 million in betting handle in its first full month. Pennsylvania saw a 55% increase in betting activity year over year. LANSING, Mich. – Sports betting fans were active at sportsbooks in February, … Read more
William Hill’s mobile sportsbook launched in Tennessee on Thursday. The launch of the platform comes just in time for March Madness betting as the college basketball tournament begins on March 18 and goes all the way through to April 5. NASHVILLE, Tenn. – Tennessee sports … Read more
West Virginia sports betting revenue in February was down 66% month over month. Sports betting activity in total was down 24.6%. Surprisingly, mobile betting was also down 17.7%. CHARLESTON, W.V. – Sports betting saw a slight decrease in activity in February in West Virginia, with … Read more
Sports betting handle spiked over $30 million from December to January in Tennessee. Over 60% of wagers taken in January were on the NFL postseason. Tennessee currently has only four operating mobile sportsbooks in the state. NASHVILLE, Tenn. – Native Miley Cyrus’ song “The Climb” … Read more
The Ohio Legislature continues to hear testimony about the benefits that a legal sports betting market would bring to the state. Oddly enough, grocery stores in Ohio have come forward to request inclusion in any legislation for sports wagering to be eligible to offer the … Read more
Two mobile sportsbooks in Tennessee have experienced illegal sports betting activity with the most recent problems taking place with the Super Bowl. The Tennessee Education Lottery (TEL) is currently investigating the matter as they regulate the industry. The two compromised applications have closed a combined … Read more