by Adia Randall | Aug 1, 2020 7:34 am | Sports Betting
The NHL is returning after the stop of the 2019-20 regular season on March 12. In the last week of COVID-19 testing, there were no positives and now players and staff will be tested every day. The playoffs will begin on Saturday with a 12 game format that includes...
by Carter Floyd | Jul 29, 2020 1:03 pm | Revenue
Nevada handled $78.2 million in sports wagers in June and lost $483,000 in revenue on these wagers. It was the first month where Nevada sportsbooks have lost money since July 2013. The betting handle should continue to increase in July and August as major American...
by Carter Floyd | Jul 17, 2020 9:36 am | Revenue
Pennsylvania sportsbooks handled $111.4 million in wagers and earned $8.6 million in revenue in June, with a hold rate of 7.5%. Handle and revenue continue to increase rapidly every month as the sports betting industry recovers from the March crash caused by the...
by Carter Floyd | Jul 16, 2020 12:37 pm | Revenue
Mississippi casinos were able to reopen in late May and early June, leading to the first sports betting action in months. In June, Mississippi sportsbooks handled $1.6 million in sports bets and lost $62,230, a hold rate of -3.85% Although the amount of money lost is...
by Carter Floyd | Jul 14, 2020 10:48 am | Revenue
It’s official: Colorado handled $25.5 million in wagers in May and collected $947,000 in revenue. Although the hold rate was lower than average, the total handle was the second-highest of any state in its sports betting debut month, even with the pandemic cutting into...
