by Christina Monroe | Sep 1, 2020 11:29 am | Revenue
Rhode Island sports betting revenue is on the upswing as July figures from the Rhode Island Lottery have been released. For the month of July, the Ocean State took in $6,738,626 in handle and $351,425 in revenue on sports wagering. PROVIDENCE, R.I. – The Rhode Island...
by Christina Monroe | Aug 31, 2020 2:53 pm | Sports Betting
Panama City in Panama will resume its horse racing activities at the end of September. The horses are costing the Hipódromo Presidente Remón track over $700K a month to maintain. Events at the track will prohibit fans from attending in the country’s continued effort...
by Christina Monroe | Jun 30, 2020 2:52 pm | Regulatory
Two bills that would make sports betting legal in Georgia did not pass in the 2020 session as they were not heard on the final day of hearings, June 26. A legal sports betting market in the Peach State shows estimates of $60 million a year in revenue if they were to...
by Christina Monroe | May 8, 2020 4:53 pm | Revenue
Legal sports betting in Colorado has gotten off to a rough start with the lack of engagement leading to new annual revenue estimates. New estimates show the state not making enough money to even cover the cost of launching their legal sports betting industry. DENVER...
by Christina Monroe | May 8, 2020 3:26 pm | Regulatory
The Coronavirus pandemic has been leaving states with major gaps in their budget because shutdowns have halted incoming tax revenue. People in the sports betting industry think that states may begin to legalize sports betting quickly to gain a new source of revenue...
