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 | Dec 1, 2023 2:55 pm | Revenue
New York residents wagered $1.978 billion in handle through Nov. 26. The New York State Gaming Commission reported a sports betting handle over $516,000 for the week ending Nov. 26. New York became the first state to reach a $2 billion monthly online sports betting...
by Ben Fiore | Dec 1, 2023 12:03 pm | Legal
Lebron James’ longtime manager, Maverick Carter, admitted to betting on the NBA through a local bookie in a 2021 interview with federal law enforcement. Carter is not facing any criminal charges. He never acted as a local bookie and only placed bets himself/for...
by Zachary Kelley | Dec 1, 2023 12:00 pm | Regulatory
DraftKings gets off the hook for more than $575,000 in winning bets to Massachusetts players who took advantage of an error. The Massachusetts Gaming Commission voted 3-2 in favor of DraftKings providing a cash or bonus bet compensation for customers who wagered on...
by Zachary Kelley | Nov 27, 2023 11:45 am | Sports Betting
Fanatics Sportsbook went live in Virginia making it the seventh state with Fanatics Sportsbook. Fanatics acquired PointsBet US and continues to transfer over their sports betting market share. RICHMOND, Va. – Fanatics Sportsbooks launched in Virginia on Tuesday,...