by Jerad Paparella | Mar 17, 2022 1:26 pm | Legal
New Jersey’s sportsbooks had a rough month in February, with sports betting handles down a significant 26.9%. The decrease in handle led to New Jersey losing its five-month streak of generating a sports betting handle of at least $1B. TRENTON, N.J. – February...
by Evan Thornton | Mar 17, 2022 1:04 pm | Revenue
Delaware’s three sportsbooks saw a drop in January’s handle and revenue. Delaware’s sports betting handle hit its all-time-high in 2018, and has not reached it again since. DOVER, Del. – Delaware’s sports betting market took a pretty big...
by Jerad Paparella | Mar 9, 2022 12:53 pm | Legal
New York launched their mobile sportsbooks in early January; since then, New York has turned over handles of $1 billion or more in both months after the mobile launch. New York’s streak of $1B+ handles looks like it should continue through March, a historically strong...
by Jerad Paparella | Feb 28, 2022 1:43 pm | Legal
Nevada’s sportsbooks handled over $1.109 billion in sports bets in January, up 9.3% from December and 71.6% compared to January 2021. Despite these increases, Nevada’s sportsbooks posted their sixth consecutive month with a sub-par hold rate: if this trend continues,...
by Giovanni Shorter | Feb 16, 2022 3:31 pm | Revenue
The New Jersey Division of Gaming Enforcement reported a record-breaking $1.3 billion was wagered in sports in January. 90% of the total betting handle came from mobile sportsbooks but revenue is slightly down 26.9%. TRENTON, N.J. – The New Jersey sports betting...
