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 Carter Floyd | Feb 11, 2020 12:51 pm | Sports Betting
Nevada’s sports gambling industry remains the largest in the United States. Despite fears about competitive sports betting markets in other states, Nevada experienced record revenues. New Jersey sports betting may surpass Nevada in 2020, but Nevada should still see...
by Michael Molter | Sep 9, 2019 11:09 pm | Revenue
Nevada sportsbooks saw year-over-year improvements in the months of June and July combined. Over $10 million was kept by sportsbooks in Nevada as revenue before tax contributions for July 2019. Nevada is on pace to break records set last year, as their 2019 betting...
by Michael Molter | Jul 31, 2019 10:44 am | Revenue
June’s betting handle of $322 million sets a new record for June sports betting in Nevada. Baseball betting in Nevada during June accounted for 70% of the monthly sportsbook revenue. Sportsbooks in Nevada have failed to contribute more than $1.5 million to the state...
by Michael Molter | Jun 28, 2019 9:19 am | Revenue
Since PASPA was repealed, over $9 billion has been wagered at legal, state-licensed sportsbooks. Nevada has seen New Jersey take in more revenue in three of the first twelve months of post-PASPA sports betting. Every state (except New Jersey and Pennsylvania) posted...
