by Michael Molter | Jan 31, 2024 9:14 am | Sports Betting
Buy FLUT in its entrance to the American stock market. Hold DKNG but get back in if a mass sell off happens. CZR is a sell due to their inflated price. PHOENIX – With the 2024 stock market being a month old, it’s time to give some gambling stock...
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 Zachary Kelley | Dec 14, 2023 11:36 am | Regulatory
The North Carolina Lottery Commission met on Wednesday to finalize their sports betting rules and give an update on operator applications. North Carolina received applications from 14 different sports betting operators but there only can be 11 operators in the state....
by Zachary Kelley | Dec 5, 2023 12:30 pm | Revenue
Maine residents bet more than $37.6 million in their first month with legal sports betting. The state collected $464,151.27 is sports betting taxes for November. DraftKings received over 81% of the monthly handle and generated $4.6 million in revenue. AUGUSTA, Maine –...
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...
