by Jerad Paparella | Nov 16, 2021 1:01 pm | Revenue
Indiana’s sportsbooks saw their best month ever from a handle perspective during October, raking in $461.1 million in combined sports betting handle during the month. October’s sports betting handle broke the previous record, established just a month before in...
by Jerad Paparella | Nov 9, 2021 12:41 pm | Legal
The New York State Gaming Commission recommended nine mobile operators to be granted mobile sports betting licenses on Monday. Each sportsbook, once launched, will be subject to the nation’s highest tax rate on sports betting at 51%, with the licenses effective for a...
by Christina Monroe | Jul 27, 2021 9:32 am | Regulatory
Arizona sportsbooks are set to go live on September 9 for the opening day of the 2021-2022 NFL season. The Arizona Department of Gaming (ADG) will have one more meeting on Friday to finalize the rules and regulations for the sports betting industry. Eight sports...
by Sam Profeta | Mar 2, 2021 11:53 am | Sports Betting
Simplebet has raised $15 million to upgrade their live betting platform as well as reach new leagues and sports. Simplebet offers micro-market betting which allows sports bettors to put action on every detail of a live game. NEW YORK—Simplebet has raised a total of...
by Christina Monroe | Feb 19, 2021 12:29 pm | Revenue
Michigan had $115.2 million in handle from mobile sportsbooks for the ten days the platforms were live in January. Revenue was at a minus figure for these mobile sports betting applications, posting a loss of $5.2 million because of promotions given to new players....