by Evan Thornton | Dec 30, 2021 11:24 am | Revenue
Nevada sportsbooks set a new revenue record of $71.9 million in November. Sportsbooks handled over $1 billion in a month for the second time. More than half of the overall handle was from football-related wagers. Mobile sports bets accounted for 71.6% of the total...
by Evan Thornton | Dec 21, 2021 12:35 pm | Revenue
Only five states have handled more than $5 billion in total sports wagers so far. Colorado is most likely to be the sixth state to have handled a total of more than $5 billion Michigan residents bet almost $1 billion in only two months near the end of 2021. LAS VEGAS...
by Jerad Paparella | Dec 15, 2021 3:56 pm | Legal
Hard Rock International, owned by the Seminole Tribe of Florida, announced an agreement to acquire The Mirage Hotel and Casino fr om MGM International for $1.075 billion on Monday. The Seminole Tribe will become the first tribal operator on the Las Vegas Strip and...
by Evan Thornton | Dec 2, 2021 3:46 pm | Revenue
Connecticut sportsbooks handled $54 million in sports wagers, much of which came from online wagers. The first month of Connecticut sports betting was the fourth-highest first-month wagering handle in the industry. Connecticut sports betting generated over $4 million...
by Evan Thornton | Dec 1, 2021 3:16 pm | Revenue
Nevada’s $1.3 billion October handle makes it the second state to handle over $1 billion. The October revenue was very low in comparison to the record-breaking wagering handle. $739 million of the total $1.3 billion handle came exclusively from football wagers....