by Zachary Kelley | Nov 27, 2023 10:46 pm | Revenue
Americans bet $79.76 billion on sports since January of 2023. Based on current pace and upcoming sporting events, the market expects to continue its growth and surpass the $100 billion mark before the year ends. The emergence of new online sportsbooks and more states...
by Michael Molter | Nov 20, 2023 1:24 pm | Revenue
The Pennsylvania Gaming Control Board released October’s sports wagering report, detailing a record high in monthly handle ($829 million) and the sixth highest tax contribution $17.3 million. While the revenue created from Pennsylvania sportsbooks hits the general...
by Zachary Kelley | Nov 16, 2023 4:44 pm | Revenue
DraftKings Sportsbook set new monthly records in Massachusetts for sports betting revenue and handle in October. The state’s largest operator seeks 178 winning wagers to be voided due to an error with incorrect odds. Massachusetts players placed $4,182.36 and won...
by Zachary Kelley | Nov 13, 2023 6:15 pm | Revenue
New York became the first state to reach a $2 billion sports betting handle in one month. The feat occurred this October, where the state saw exactly $2,006,823,408 billion in bets. New York made over $166 thousand in gross gaming revenue for October. NEW YORK – New...
by Zachary Kelley | Nov 9, 2023 1:11 pm | Revenue
DraftKings received nearly $5 million in wagers through five days of legal sports betting in Maine. Caesars is the only other regulated sports betting site in Maine but received only $665 thousand in bets. Maine launched legal sports betting on Friday, November 3....
by Zachary Kelley | Oct 21, 2023 4:02 pm | Revenue
Pennsylvania’s September sports betting handle surpassed $726 million with the return of NFL betting. The state earned $66.1 million in revenue, a 12.2% increase from Sept. of 2022. FanDuel led all legal Pennsylvania sportsbooks with a Sept. handle of $256.39 million....