by Carter Floyd | Jul 17, 2020 9:36 am | Revenue
Pennsylvania sportsbooks handled $111.4 million in wagers and earned $8.6 million in revenue in June, with a hold rate of 7.5%. Handle and revenue continue to increase rapidly every month as the sports betting industry recovers from the March crash caused by the...
by Christina Monroe | Jul 16, 2020 4:40 pm | Sports Betting
Art Schlichter was once a first-round draft pick from the Ohio State Buckeyes in the early 1980s with the world at his feet, until his gambling threw a promising career away. Long after his NFL career end, he continued to gamble on sports and new evidence suggests...
by Christina Monroe | Jul 16, 2020 12:49 pm | Sports Betting
PointsBet has received the seal of approval to open up shop in the Illinois sports betting industry after getting their temporary license from the Illinois Gaming Board (IGB). News of the latest state to allow PointsBet entry into their sports betting market has led...
by Christina Monroe | Jul 15, 2020 11:14 am | Regulatory
Louisiana now has a legal tax rate of 8% set for its legal Daily Fantasy Sports (DFS) industry with the signing of House Bill 64 by Governor John Bel Edwards on Monday. The Bayou State expects to receive $375,000 in annual revenue from the DFS market that will be...
by Carter Floyd | Jul 15, 2020 9:59 am | Revenue
New Jersey totaled $165 million in sports betting handle and $12.6 million in revenue in June—monthly increases of 40% and 28%, respectively. Casinos began reopening in early July and major North American sports leagues are already returning to play, which should...
