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
William Hill Sportsbook is under investigation by the Tennessee Education Lottery (TEL) after accepting prop bets on players for March Madness. Collegiate athlete prop bets are banned in Tennessee from action. The mobile sports betting platform only just made its debut in the Volunteer State … Read more
Virginia now has eight licensed sports wagering operators in the Commonwealth. The Golden Nugget Online and Bally’s have been given temporary licensure to open their mobile sportsbooks but each will likely launch in the summer rather than for March Madness. Virginia Governor Ralph Northam currently … Read more
New York’s budget bill proposal passed by majority vote on Monday night in both chambers with online sports betting listed as a revenue source. There are three bills currently open for the legalization of mobile sports betting in the New York State Assembly. Governor Andrew … 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
Illinois and Montana are both celebrating their one-year anniversaries of launching sportsbooks in their states. Due to the huge differences in their market landscapes, Illinois has exceeded expectations in its first year while Montana has done less than expected. CHICAGO – On March 9, 2020, … 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
Illinois residents can sign up remotely for mobile sports betting accounts through April 3 with the newest Executive Order signed by Governor JB Pritzker. This newest order will coincide with March Madness, the NCAA basketball tournament that is slated to bring in numerous bets and … Read more
Virginia rakes in almost $58.9 million in wagers in just 11 days of activity. The state also saw over $3.2 million in revenue. More sportsbooks are expected to launch with new bills making it to the governor’s desk. RICHMOND, Va. – Sports betting in Virginia … Read more
The sports betting market will grow to $9.2 billion by 2025 according to a report by J.P. Morgan. DraftKings was estimated to spend $93 million on advertising through the first three quarters of 2020. Major media outlets such as ESPN, FOX Sports, and Bleacher Report … 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
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