by Carter Floyd | Jun 29, 2020 9:46 am | Revenue
Rhode Island sportsbooks handled only $11.1 million in sports wagers and earned only $1 million in revenue between March 1 and May 31. This drastic decrease is largely the product of the state’s legal requirement that online betting accounts be registered in person....
by Carter Floyd | Jun 26, 2020 9:52 am | Revenue
New Jersey’s sports betting industry had a $117.8 million betting handle and earned $9.9 million in revenue in May. These totals represent massive month-over-month increases from April, indicating that New Jersey sportsbooks are on the path to financial recovery from...
by Carter Floyd | Jun 25, 2020 10:15 am | Regulatory
Pennsylvania is considering a bill to authorize video gambling terminals at more than 10,000 bars, taverns and restaurants throughout the state. Some prominent Republican lawmakers support the bill, but it is widely opposed by Pennsylvania’s casino industry and by a...
by Carter Floyd | Jun 24, 2020 11:34 am | Regulatory
According to the Washington State Gambling Commission, sports betting odds likely won’t be available in Washington until 2021. There are a number of regulatory hurdles that need to be cleared prior to launch, including renegotiated tribal gaming compacts and...
by Carter Floyd | Jun 24, 2020 9:53 am | Sports Betting
The MLB Players Union and owners have agreed to a 60-game regular season beginning around July 24. Players will report for a shortened spring training beginning on July 1. The agreement came after months of tense negotiations and mountain uncertainty of whether or not...