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 10:46 pm | Revenue
Americans bet $79.76 billion on sports since January of 2023. Based on current pace and upcoming sporting events, the market expects to continue its growth and surpass the $100 billion mark before the year ends. The emergence of new online sportsbooks and more states...
by Zachary Kelley | Nov 16, 2023 4:44 pm | Revenue
DraftKings Sportsbook set new monthly records in Massachusetts for sports betting revenue and handle in October. The state’s largest operator seeks 178 winning wagers to be voided due to an error with incorrect odds. Massachusetts players placed $4,182.36 and won...
by Zachary Kelley | Aug 24, 2023 7:30 pm | Revenue
The total legal US sports betting handle surpassed the $250 billion mark in 2023. New Jersey is the biggest contributor to the milestone, making up 15.78% of the total handle. Ohio and Massachusetts launched earlier this year, adding two major markets to continue...
by Zachary Kelley | Jul 27, 2023 11:23 am | Sports Betting
The Massachusetts Gaming Commission issued three casino sportsbooks fined totaling $50,000 for non-compliance. Each casino sportsbook offered at least one unauthorized college basketball game in February. MGM Springfield and Plainridge Park Casino were fined $20,000,...