by Carter Floyd | Jun 29, 2020 9:46 am | Revenue
Rhode Island sportsbooks handled only $11.1 million in sports wagers and earned only $1 million in revenue between March 1 and May 31. This drastic decrease is largely the product of the state’s legal requirement that online betting accounts be registered in person....
by Carter Floyd | Jun 26, 2020 9:52 am | Revenue
New Jersey’s sports betting industry had a $117.8 million betting handle and earned $9.9 million in revenue in May. These totals represent massive month-over-month increases from April, indicating that New Jersey sportsbooks are on the path to financial recovery from...
by Carter Floyd | Jun 17, 2020 9:53 am | Sports Betting
Pennsylvania handled $74.8 million in sports wagers and earned $4.8 million in revenue in May—both sizable increases. Pennsylvania casinos are beginning to reopen in June, which could help sports betting revenues increase even more. The odds the Pennsylvania sports...
by Christina Monroe | Jun 12, 2020 5:00 pm | Regulatory
Major league sports in Canada have asked government officials to legalize sports betting in the country via a combined statement. Sports betting is a regular occurrence in Canada and legalizing the market could only add revenue to the country as well as establish...
by Carter Floyd | Jun 11, 2020 10:01 am | Regulatory
Indiana recorded $37.4 million in total sports betting handle in May and $3.2 million in revenue—a hold rate of 8.5%. Handle increased 42% from April and revenue increased 104%. Indiana sportsbooks appear to be on the road to recovery, but they won’t return to...
