Connecticut sportsbooks handled $54 million in sports wagers, much of which came from online wagers. The first month of Connecticut sports betting was the fourth-highest first-month wagering handle in the industry. Connecticut sports betting generated over $4 million in sports betting revenue despite only operating … Read more
Several states have introduced ballot proposals to legalize sports betting in their state, including California and Missouri. Two initiatives regarding sports betting failed to pass during the elections on Tuesday, while two others did pass. SACRAMENTO, Calif. – While most states to legalize sports betting … Read more
Golden Nugget Online Sportsbook officially launched in Virginia on Wednesday morning, becoming the ninth online operator in the state. This launch comes after a two-month delay from the mid-August estimate provided by the Virginia Lottery. RICHMOND, Va. – Virginia sports bettors have another option to … Read more
Virginia sportsbooks saw more than $180 million wagered in August. This figure is up 12.7% month-over-month from July. Baseball was the most wagered on sport in August but NFL futures bets saw plenty of action along with the MLB. RICHMOND, Va. – Sports betting fans … Read more
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 July … Read more
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. OMAHA, … Read more
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 Virginia. SAN FRANCISCO – Sports … Read more
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 … Read more
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 while other … Read more
WynnBET is now the seventh mobile sports betting platform in Tennessee. The sportsbook is now live in six states nationwide. Tennesseans can download the WynnBET app on any smartphone to begin gambling on sporting events with the company’s betting lines. NASHVILLE, Tenn. – On Friday, … Read more
More than $304 million was bet on sports in Virginia in March. This can mainly be attributed to March Madness betting throughout the month. FanDuel is the biggest sportsbook in the state, claiming 53% of the market. RICHMOND, Va. – Sports betting fans in Virginia … Read more
Political betting fans are placing action on if Washington DC will be granted statehood by 2022. The House of Representatives has voted in favor of making the nation’s capital the 51st state and is now awaiting the Senate vote. Washington DC has more residents than … Read more