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 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...
by Carter Floyd | Mar 13, 2020 11:28 am | Regulatory
Coronavirus caused widespread cancellations, postponements, and suspensions of play in one of the most apocalyptic days in sports history. A handful of international soccer events were still played as scheduled. Manchester United (-132) extended their unbeaten streak...
by Carter Floyd | Mar 12, 2020 3:00 pm | Sports Betting
14 basketball conferences announced today that they would be canceling basketball championship tournaments, effective immediately. These cancellations included all power conferences: the ACC, Big 12, Big East, Big Ten, Pac-12 and SEC. Some conferences, including the...
by Giovanni Shorter | Mar 11, 2020 5:40 pm | Sports Betting
NCAA has announced the men’s basketball tournaments will continue without fans in attendance due to growing concerns of coronavirus spreading. The games will only have essential staff and limited family members in the stadium during the games. This announcement...