The sports betting handle in the U.S. has dropped significantly by 79% since February. All major sports leagues are still on hiatus which is playing a major role in the loss of sports betting revenue. UFC, NASCAR, and the NFL Draft have seen large betting handles, but it is not enough to fill the void … Read more
Delaware totaled $28.5 million in iGaming handle in April and collected $856,000 in revenue, easily the highest respective totals in state history. Delaware is one of only four states to offer fully legal online casino gambling, putting it in an ideal position to weather the storm of the COVID-19 crisis. While the increased handle and … Read more
Las Vegas sportsbooks are holding drive through registrations for their mobile sports betting apps. Nevada does not offer remote registrations for online betting. New Jersey, Pennsylvania, and Indiana all offer remote registrations and have seen a majority of their bets come from online platforms. LAS VEGAS — Las Vegas sportsbooks are opening drive through registrations … Read more
Michigan sportsbooks collected $105,548 in revenue after launching in mid-March. The launch lasted only five days before the COVID-19 pandemic forced casinos to shut their doors and suspend operations. There is no firm timeline for when sports will resume play or when casinos will reopen. Although it was a small sample size, Michigan’s five-day launch … Read more
In their first year of legalized sports betting, New Jersey residents bet $3.2 million on sporting events and $2.4 million of those wagers came from their internet/mobile platforms. June 2019 showed that 83% of all sports wagers done in the state of New Jersey were done online while only 17% occurred at sports betting locations. … Read more
With sportsbooks having different suppliers and operators, betting lines won’t be the same at every sportsbook. Because sportsbooks are open to varying tax rates from their state government, they may pass this onto the gamblers. Offshore sportsbooks help in finding betting odds that are more reasonable when local matchups are happening. TALLAHASSEE, Fla. – Now … Read more
Linebacker Derrick Morgan has played his entire NFL career for the Tennessee Titans. Morgan plans to get into real estate during his retirement. NASHVILLE, Tenn. – Derrick Morgan, starting linebacker for the Tennessee Titans, announced his retirement via an Instagram post after nine seasons with the team. Morgan finished out his four-year contract worth $27 … Read more
SugarHouse Casino has launched its online sportsbook. The online sportsbook launched last Friday. More online sportsbooks could launch in the upcoming months. PHILADELPHIA – The SugarHouse Casino’s online sportsbook has passed the three-day test period. After the test period, the casino opened the online sportsbook on Friday. This makes the SugarHouse online sportsbook the first … Read more
Pennsylvania mobile wagering will happen soon. About 80 percent of sports bets in New Jersey come from online. Around 75 percent of sports bets in Pennsylvania happen at a kiosk. PHILADELPHIA – Mobile sports wagering is coming soon, and it could change the market in Pennsylvania. Kiosks And Mobile Data shows that sports gamblers prefer … Read more
The app testing for mobile betting is underway in Pennsylvania. A 36% tax rate could see Pennsylvania lead all states in online revenue. Mobile sports betting will be ready “imminently” according to the PGCB. PHILADELPHIA – Expected to launch any day now, online sports betting in Pennsylvania is primed to take over the market. With … Read more