by Carter Floyd | Mar 30, 2020 11:29 am | Revenue
In February 2020, Delaware handled $7 million in sports bets and earned $160,000 in sports betting revenue. This performance was a big improvement over February 2019, but a disappointment overall. Sports betting revenue in Delaware is trending down in general, and it...
by Carter Floyd | Mar 19, 2020 10:59 am | Sports Betting
Pennsylvania handled nearly $330 million in total bets in February but earned only $11.4 million in gross revenue—a hold percentage of 3.47%. This figure is disappointing for Pennsylvania sportsbooks, and there is no clear reason for the decrease. With March Madness...
by Daniel Borjas | Mar 18, 2020 10:41 am | Sports Betting
D.C. sportsbooks are set to launch at the end of March. Upcoming sportsbooks in D.C. are preparing to launch without any major sports to bet on. WASHINGTON – Despite the lack of sports to wager on, Washington D.C. sportsbooks are set to launch by the end of March. It...
by Carter Floyd | Mar 16, 2020 11:29 am | Sports Betting
Sportsbooks around the country have been forced to either close temporarily or turn to new sports to make up for lost revenue. Notable betting options now include Liga MX, UFC, and the Australian Football League. These options have been popular with American fans...
by Carter Floyd | Mar 15, 2020 7:09 am | Sports Betting
Sportsbooks in the United States could lose $2 billion in handle and nearly $200 million in revenue as a result of the COVID-19 pandemic. Local and state governments project to lose over $24 million in tax collections off this lost revenue. Even once the sports world...
