by Christina Monroe | Mar 18, 2021 2:40 pm | Regulatory
The Mashantucket Pequot and Mohegan tribes have expanded their Tribal Gaming Compacts for the next 10 years to include sports betting and online gaming. Sportsbooks would be seen through both brick and mortar and mobile platforms in Connecticut with these new...
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 Christina Monroe | Feb 26, 2020 3:03 pm | Regulatory
The legal sports betting market in Connecticut could bring in as much as $50 million in annual revenue. This latest bill, CT H 5168 gives access to operators other than the Tribal casinos. Both sports betting bills, CT H 5168 and CT SB 21 will be heard together at a...
by Daniel Borjas | Nov 22, 2019 3:15 pm | Revenue
Key investors and sports betting companies met for a sports betting summit. Nearly all in attendance agreed that sports betting is a growing market in the US. Investors and companies predict that 36 states will legalize sports betting by 2025. NEW YORK – At the NYC...
by Daniel Borjas | Sep 12, 2019 5:58 pm | Sports Betting
Kindred Group has launched a new online sportsbook called Unibet. Kindred Group plans on launching in Pennsylvania next. New Jersey now almost has 20 online sportsbooks. ATLANTIC CITY, N.J. – Kindred Group has launched a new online sportsbook named Unibet on Tuesday....