by Michael Molter | Jan 24, 2024 5:16 pm | Revenue
Sportsbooks in New Jersey kept over $1 billion from their near $12 billion handle. Parlays represented 25% of NJ’s sportsbook intake but over 50% of their revenue. Basketball ($2.68 billion) beat out football ($2.30 billion) as the sport with the most money bet...
by Jeremias Di Vico | Apr 19, 2023 3:51 pm | Legal
PointsBet is the seventh biggest sports betting company in the U.S. and will now be selling its North American division. Heading into 2023, the operator posted some impressive numbers with over a billion dollar handle for the first half of the fiscal year. Prospective...
by Zachary Kelley | Mar 31, 2023 3:42 pm | Sports Betting
PointsBet has withdrawn their application for an untethered online sports betting license in Massachusetts. The surprise withdrawal increases the number of available untethered Massachusetts sports betting licenses to two. BOSTON – Online sports betting in...
by Giovanni Shorter | May 24, 2022 1:43 pm | Sports Betting
A special committee of the Chicago City Council voted 27-3 in favor of Bally’s Corporation to launch its casino and sportsbook in Chicago. The full City Council is set to vote within the week. Chicago Mayor Lori Lightfoot is likely on board to quickly approve a casino...
by Ben Fiore | May 11, 2022 11:34 am | Sports Betting
As of now, there are two sports betting bills that have received enough signatures to be on the 2022 November Ballot in California. The sports betting bill, backed by commercial sportsbooks, would give 85% of taxes towards mental health & homelessness programs....
