Decline in College Football Action Causes 13% Weekly Handle Drop in New York
After enjoying six consecutive weeks of revenues surpassing $50 million, the latest week marked the third straight under that total.
Buffalo Bills Own Top Super Bowl Winner Odds in Sportsbooks’ Future Markets
The Josh Allen-led squad moved ahead of the Detroit Lions after the Bills beat the former favorite in Week 15.
Pari-Mutuel Wagering Hits a Roadblock in North Carolina
The commission has planned to offer pari-mutuel betting since gaming legalization took place in June 2023, but launching online sports betting took precedence earlier this year.
Sphere Las Vegas Sets Gross Revenue Record in 2024
Sphere, a state-of-the-art entertainment auditorium that opened in Sept. 2023, reportedly grossed $420.5 million in concert revenue in 2024.
Pennsylvania Sets New November Sports Betting Highs for Handle, Revenue
The Keystone State¡¯s sportsbooks hauled in $103.3 million in gross hold on a $935.5 million handle during November to remember.
New Jersey Sports Betting Revenue Bounces Back in November
The state's sportsbooks enjoyed 24% year-over-year and 54% month-over-month profit increases as November revenue reached $119 million.
Connecticut Sets New November Sports Betting Revenue Record
The state reported $30.3 million in gross hold on a $228.2 million handle for the month, a record new high.
Revenue Plummets in Illinois Despite Record Sports Betting Handle in October
The Illinois Gaming Board reported a sharp decline in sports betting revenue for October despite record handle numbers.
Sports Betting and iGaming Industry Newsmakers of 2024
It was a pivotal 12 months in the sports betting and iGaming industries, complete with scandals, historic numbers, and plenty of legislation.
Kentucky Approves Prime Sports' Service Provider License
While Prime didn¡¯t offer a specific launch date in Kentucky yet, the sportsbook hopes to launch in time for the 2025 Kentucky Derby in early May.
Sportsbooks Expect High Interest, Wagering with New College Football Playoff Format
This year¡¯s playoff adds meaning to a time of the year, especially in December, that could be defined by a new type of wagering action.
Soto Signing with Mets Quickly Moves MLB Futures Betting Markets
BetMGM reported that 66% of the money in the World Series market has been on the Mets since the team signed slugger Juan Soto to a 15-year, $765-million deal.
North Carolina's Online Sportsbooks Bounce Back with 60% Revenue Increase in November
The North Carolina Lottery Commission reported revenue of $78.1 million, second-most ever, on a handle of $657.7 million in November.
Bettor Sweats Out $3.1M Bet on Eagles to Beat Panthers
Xavier Legette¡¯s dropped pass against Eagles helps Kentucky bettor¡¯s $3.1-million wager cash.
New York Sets Sports Betting Revenue Record in November
The Empire State¡¯s online sportsbooks haul in $231.7 million on a $2.3 billion handle, second-best ever.
Revenue Drops Drastically Across U.S. States During Sportsbooks' Woeful October
Several U.S. states, including New York¡¯s most lucrative sports betting market, produced record revenue in September, but suffered a month-over-month gross revenue loss in October.
New York Sports Betting Operators Set New Handle Record During Thanksgiving Week
Betting companies had plenty to be thankful for as they saw the largest handle since sports betting was legalized in the Empire State.
Poker Pro Cory Zeidman Pleads Guilty to Fake ‘Inside’ Sports Betting Scheme
Former World Series of Poker winner could receive a maximum sentence of 20 years of imprisonment for his role in the betting scheme.
Run of NFL Favorites in October Led to 57% Year-Over-Year Revenue Decline in Nevada
Silver State operators reported $28.9 million in sports betting revenue from a handle of $795 million.
Sportsbooks Brace for Travis Hunter Heisman Trophy Payouts
Colorado Buffaloes two-way star, a popular choice with bettors in the offseason, would cement "a good result for customers" if he is to capture this year's Heisman Trophy.