by Carter Floyd | Jul 13, 2020 10:15 am | Revenue
Indiana totaled a $29.8 million betting handle in June and collected $2.9 million in sports betting revenue. This raised $277,600 in state taxes. Handle was down 20% from May; revenue was also down 8%. It is strange to see betting handle and revenue decrease after...
by Carter Floyd | Jul 12, 2020 12:39 pm | Sports Betting
Iowa sports betting handle increased by $5.7 million, or 82%, in June. Total handle was $12.7 million. Even with a hold rate under 5%, Iowa sportsbooks collected $620,000 in revenue—a 24% increase from May. Casinos have begun to reopen with limited capacity and social...
by Christina Monroe | Jul 11, 2020 10:01 am | Sports Betting
Samsung TV Plus users will now have 24-hour sports betting news access as the company will now be airing the SportsGrid network for free. SportsGrid works closely with FanDuel Sportsbook to help with their programming as well as using their data, odds, and wagers...
by Carter Floyd | Jul 8, 2020 10:05 am | Sports Betting
Deutsche Bank analysts foresee huge positive growth for GVC Holdings in the back half of 2020. Deutsche’s consensus projection for GVC Holdings set its target price at 1040 GBX, nearly 30% above the current price. One analyst went one step forward and projected 2020...
by Carter Floyd | Jul 7, 2020 10:57 am | Revenue
PrizePicks is a popular domestic daily fantasy sports operator. The company received $850,000 in bridge funding, a form of short-term private investment aid, in response to the COVID-19 pandemic. The investors for this bridge funding believe in the long-term potential...
