by Jerad Paparella | Jan 12, 2022 3:06 pm | Legal
After months of anticipation, New York finally successfully launched the first batch of their state-regulated mobile sportsbooks on Saturday. New York recorded nearly as many sports betting transactions in the first 12 hours after launch as Pennsylvania, New Jersey,...
by Jerad Paparella | Jan 6, 2022 6:16 pm | Legal
The launch of New York’s mobile sportsbooks will have far-reaching consequences – especially in New Jersey, where an estimated 25% of online sportsbook users reside in New York. ALBANY, N.Y. – New York’s long-awaited mobile sportsbook launch could be mere...
by Jerad Paparella | Jan 4, 2022 3:32 pm | Legal
The expansion to Mississippi’s legal sports betting industry would be very timely, as neighboring Louisiana is set to launch mobile sportsbooks on January 15. JACKSON, Miss. – On Monday, the first day of the 2022 legislative session in Mississippi, Rep. Cedric...
by Jerad Paparella | Jan 2, 2022 7:23 am | Legal
Nine states launched their legal sports betting industry in 2021, nearly a third of all states that have legalized and regulated a sports betting industry in the United States. Several states witnessed a large increase in sports betting revenue, handle, hold rate, and...
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...