by Christina Monroe | Mar 9, 2021 12:13 pm | Sports Betting
Illinois and Montana are both celebrating their one-year anniversaries of launching sportsbooks in their states. Due to the huge differences in their market landscapes, Illinois has exceeded expectations in its first year while Montana has done less than expected....
by Christina Monroe | Mar 8, 2021 2:04 pm | Regulatory
Illinois residents can sign up remotely for mobile sports betting accounts through April 3 with the newest Executive Order signed by Governor JB Pritzker. This newest order will coincide with March Madness, the NCAA basketball tournament that is slated to bring in...
by Hasan Nabulsi | Feb 27, 2021 1:41 pm | Sports Betting
The sports betting market will grow to $9.2 billion by 2025 according to a report by J.P. Morgan. DraftKings was estimated to spend $93 million on advertising through the first three quarters of 2020. Major media outlets such as ESPN, FOX Sports, and Bleacher Report...
by Christina Monroe | Feb 19, 2021 12:29 pm | Revenue
Michigan had $115.2 million in handle from mobile sportsbooks for the ten days the platforms were live in January. Revenue was at a minus figure for these mobile sports betting applications, posting a loss of $5.2 million because of promotions given to new players....
by Giovanni Shorter | Feb 15, 2021 10:53 am | Revenue
More than $348.2 million was bet on sports in Indiana in January. DraftKings was the most popular sportsbook. This is five consecutive months of Indiana breaking its monthly record for betting handle. INDIANAPOLIS – The Indiana sports betting market continues to see...
