by Jerad Paparella | Apr 26, 2022 12:11 pm | Legal
According to a monthly report released by the Tennessee Sports Wagering Review Council, sportsbooks in Tennessee saw increases in handle, revenue, and tax contributions in March. March marks the sixth consecutive month Tennessee surpassed $300M in handle, and the...
by Jerad Paparella | Apr 22, 2022 3:04 pm | Legal
This morning, South Carolina representatives Herbkersman and Rutherford introduced a bipartisan sports betting bill; it has been sent to the House Judiciary Committee. Under the bill, up to 12 mobile sportsbooks would be available in South Carolina, and cryptocurrency...
by Jerad Paparella | Mar 23, 2022 1:11 pm | Legal
Sportsbooks in Tennessee handled $313.3 million in February, the fifth consecutive month Tennessee sportsbooks handled at least $300 million in wagers. Despite the solid handle figure, Tennessee’s sportsbooks recorded their lowest hold rate and revenue total since...
by Jerad Paparella | Mar 17, 2022 1:26 pm | Legal
New Jersey’s sportsbooks had a rough month in February, with sports betting handles down a significant 26.9%. The decrease in handle led to New Jersey losing its five-month streak of generating a sports betting handle of at least $1B. TRENTON, N.J. – February...
by Giovanni Shorter | Feb 23, 2022 1:24 pm | Revenue
Tennessee sportsbooks reported $386,059,756 in betting handle for January 2022, beating the previous record set in October. Sportsbooks also saw $29,087,518 in sports betting revenue. NASHVILLE, Tenn. – Sportsbooks in Tennessee set a new record for monthly betting...
