by Jerad Paparella | Feb 28, 2022 1:43 pm | Legal
Nevada’s sportsbooks handled over $1.109 billion in sports bets in January, up 9.3% from December and 71.6% compared to January 2021. Despite these increases, Nevada’s sportsbooks posted their sixth consecutive month with a sub-par hold rate: if this trend continues,...
by Jerad Paparella | Jan 20, 2022 3:05 pm | Legal
Since Michigan launched state-regulated online sportsbooks on January 22, 2021, the state has grown into one of the top sports betting markets in the United States. Virginia first launched sports betting on January 21, 2021 – since, the state became the quickest...
by Jerad Paparella | Jan 19, 2022 10:25 am | Legal
In December, New Jersey saw their fourth consecutive month with over $1 billion in sports betting handle, becoming the first state to surpass $10 billion in yearly handle. New Jersey’s run as the top sports betting market may be coming to an end shortly after New...
by Jerad Paparella | Jan 12, 2022 3:06 pm | Legal
After months of anticipation, New York finally successfully launched the first batch of their state-regulated mobile sportsbooks on Saturday. New York recorded nearly as many sports betting transactions in the first 12 hours after launch as Pennsylvania, New Jersey,...
by Jerad Paparella | Dec 28, 2021 12:24 pm | Legal
Massachusetts Treasurer Deborah Goldberg says that protecting the state lottery is a top priority for her in Massachusetts’ upcoming sports betting bill. One avenue Massachusetts’ legislators are considering to protect the state lottery with the introduction of sports...
