by Michael Molter | Nov 17, 2019 3:26 pm | Sports Betting
No state has collected as much sports betting state tax revenue as Pennsylvania since June of this year. Four sportsbooks in Pennsylvania are accounting for over four-fifths of the market share and revenue. Online sports betting is continuing to help Pennsylvania...
by Michael Molter | Nov 4, 2019 4:08 pm | Sports Betting
After a launch month, states usually see their licensed sportsbooks’ hold percentage anywhere from 10-40%. French Lick Casino is reported to have held only 5.1% of all money risked due to successful Colts’ bettors. Winning five of their last six, the Colts may...
by Michael Molter | Oct 18, 2019 11:43 am | Revenue
The sportsbooks in Pennsylvania have set a new monthly betting handle record in four straight months. Valley Forge’s FanDuel Sportsbook collected 45.5% of all money bet in Pennsylvania during September. Two additional sportsbooks launched in September: the Mount Airy...
by Daniel Borjas | Oct 10, 2019 5:57 pm | Sports Betting
One of the sports betting lounges is facing the Wells Fargo Center’s bowl. Both sports betting lounges are in partnership with SugarHouse Casino. SugarHouse Casino is rebranding and will become Rivers Casino in the future. PHILADELPHIA – In partnership with SugarHouse...
by Michael Molter | Oct 8, 2019 2:30 pm | Regulatory
Saint Joseph’s University bans all students, staff, contractors, and faculty from betting on the school’s events. Purdue is looking to take a similar approach in banning the staff, but potentially permitting the students. The framework of the idea is rather unsettled...
