by Carter Floyd | Jun 17, 2020 9:53 am | Sports Betting
Pennsylvania handled $74.8 million in sports wagers and earned $4.8 million in revenue in May—both sizable increases. Pennsylvania casinos are beginning to reopen in June, which could help sports betting revenues increase even more. The odds the Pennsylvania sports...
by Carter Floyd | Jun 16, 2020 10:26 am | Sports Betting
The Denver Broncos and FanDuel have signed the NFL’s first sports betting partnership. Colorado is quickly becoming a hotbed of online sports betting in the United States, so this move could help FanDuel establish a foothold as the state’s premier provider. Other NFL...
by Carter Floyd | Jun 12, 2020 11:26 am | Sports Betting
The UFC has announced that Fight Island will be hosted on Yas Island off the coast of the United Arab Emirates. UFC 251 will be the premier event on Fight Island, set to take place on July 11. UFC 251 will feature three title bouts with Petr Yan (-230 odds) favored...
by Carter Floyd | Jun 11, 2020 10:01 am | Regulatory
Indiana recorded $37.4 million in total sports betting handle in May and $3.2 million in revenue—a hold rate of 8.5%. Handle increased 42% from April and revenue increased 104%. Indiana sportsbooks appear to be on the road to recovery, but they won’t return to...
by Carter Floyd | Jun 10, 2020 10:20 am | Sports Betting
Washington, D.C. is facing yet another delay to its launch of retail sports betting, this time until summer 2021. Sports betting was first legalized in D.C. in December 2018, but the first D.C. sportsbooks did not launch until May 2020. In total, the retail launch...