by Evan Thornton | Sep 2, 2021 5:34 pm | Revenue
Virginia sports betting handle dropped 32% from June to July. Sportsbook revenue profit saw a 15% decline from June to July. July had a hold percentage of 12.3% for the VA sports gaming market. RICHMOND, Va. – Virginia sportsbooks handled $75 million less in...
by Nicholas Mazone | Jun 17, 2021 2:59 pm | Sports Betting
The final eight teams have reached the College World Series and now enter a double-elimination bracket format. Vanderbilt has +250 odds as the favorite to win the College World Series. Texas (+325) and Tennessee (+350) are the next betting options to win the event....
by Christina Monroe | Jun 16, 2021 5:26 pm | Sports Betting
Alexis Ohanian, the co-founder of Reddit, has invested $4 million in a new sportsbook platform called Wagr. Wagr will allow sports betting to be done among friends through its application. The sportsbook already has licensing applications pending in Tennessee and...
by Christina Monroe | Jun 1, 2021 5:00 pm | Revenue
Virginia sports betting handle took a dip in April as did the rest of the country. The seven sportsbooks of Virginia had a total handle of $236.4 million for April. Although they were down month-over-month in handle and revenue, their tax hold increased by almost 40%....
by Giovanni Shorter | May 20, 2021 12:13 pm | Revenue
Washington DC has seen a major betting decline in April. DC has struggled to maintain a strong market. With Maryland launching sports betting, the DC market may continue to struggle. WASHINGTON – Washington DC continued its trend of the big month-over-month dips. But...
