by Giovanni Shorter | Aug 4, 2022 3:17 pm | Sports Betting
The Washington Commanders have formally applied for a sports betting license in Maryland. The goal is to host an in-stadium sportsbook at FedEx Field. The Maryland Lottery and Gaming Control Commission will be voting on potential sportsbooks next week. SUMMERFIELD,...
by Giovanni Shorter | Jul 6, 2022 1:34 pm | Revenue
Arizona sportsbooks reported $513 million wagered in April 2022, bringing its lifetime total to over $4 billion. Tennessee also surpassed $4 billion in bets all time after reporting $261 million in May. New York handled over $7 billion in only five months of activity....
by Giovanni Shorter | Feb 23, 2022 1:24 pm | Revenue
Tennessee sportsbooks reported $386,059,756 in betting handle for January 2022, beating the previous record set in October. Sportsbooks also saw $29,087,518 in sports betting revenue. NASHVILLE, Tenn. – Sportsbooks in Tennessee set a new record for monthly betting...
by Giovanni Shorter | Oct 23, 2021 6:13 am | Sports Betting
The Sports Wagering Advisory Council (SWAC) in Tennessee has hired Mary Beth Thomas as the executive director. Thomas has addressed the 10% hold rate controversy, speaking in favor of the council’s position on the hold. The SWAC will take over Tennessee sports betting...
by Giovanni Shorter | Oct 8, 2021 4:33 pm | Sports Betting
Tennessee held a recent hearing on Tuesday to discuss the regulations of its sports betting market transferring to the Sports Wagering Advisory Committee (SWAC). During the hearing, sportsbooks discussed wishing to change the mandatory hold rule set by the legislation...