by Jerad Paparella | Dec 28, 2021 12:30 pm | Legal
After COVID-19 lockdowns led to New Jersey casinos leaning into online sports betting, the state is seeing an increase in sports betting handle and hold percentage. While online sports betting is seeing historic increases, casinos are struggling to return to their...
by Jerad Paparella | Dec 17, 2021 3:54 pm | Regulatory
Chicago has lifted restrictions on stadium-based sportsbooks in the city, opening up professional sports teams to the opportunity of hosting their own sportsbook at their venue. Louisiana’s mobile sports betting industry is on-track to launch prior to this season’s...
by Jerad Paparella | Dec 14, 2021 1:28 pm | Regulatory
New Jersey legislators are moving forward with S4007 after the New Jersey Budget and Appropriations Committee approved the bill on Monday. The bill would reduce the required payments from casinos under the PILOT arrangement and prevent the use of sports betting and...
by Giovanni Shorter | Oct 19, 2021 3:10 pm | Revenue
New Jersey sportsbooks see $1.01 billion in total betting handle in September 2021. Sports betting revenue spiked 82.9% month-over-month for $82.4 million. Football bets accounted for more than $400 million of total bets. TRENTON, N.J. – Sportsbooks in New Jersey saw...
by Giovanni Shorter | May 17, 2021 11:03 am | Revenue
Sports betting in New Jersey saw a 13% decline month over month in April. Sports betting is up 1,270% year over year. The decline can be attributed to the ending of March Madness betting. TRENTON, N.J. – New Jersey sportsbooks saw a slight decline in activity month...
