by Giovanni Shorter | Jul 20, 2022 1:57 pm | Sports Betting
Over $141 billion have been bet on sports at regulated US sportsbooks since 2018 and over $10 billion in sports betting revenue has been reported by sportsbooks. States with regulated betting have now seen approximately $1.5 billion in tax revenue from local...
by Giovanni Shorter | Jun 3, 2022 1:46 pm | Sports Betting
Nevada sportsbooks saw $582.5 million in wagers for April 2022. While this is a major drop compared to March, this is up 28.1% year over year. Pennsylvania reported $572.8 million in bets with over 90% of the wagers coming from online operators. Virginia sportsbooks...
by Jerad Paparella | Apr 20, 2022 11:57 am | Revenue
According to a recent report released by the Pennsylvania Gaming Control Board, Pennsylvania’s sportsbooks handled $714.96M in wagers for $48.51M in revenue. The $48.51 million in March sports betting revenue was more than double Pennsylvania’s figure from February...
by Jerad Paparella | Mar 31, 2022 2:28 pm | Legal
Kansas’ HB 2740 advanced through the House on Wednesday and now faces a May 20 deadline for passage. Kentucky’s HB 606 also recently advanced to the Senate. A pair of sports betting bills in Georgia – both of which would create ballot questions, one on sports...
by Sam Profeta | Mar 21, 2022 1:24 pm | Sports Betting
Pennsylvania sports betting recorded a $597 million betting handle in February. Their February betting handle is down 24.8% from January. PHILADELPHIA – While Pennsylvania has been one of the hottest sports betting states in the country, they have seen a declining...
