by Christina Monroe | Jun 16, 2021 5:26 pm | Sports Betting
Alexis Ohanian, the co-founder of Reddit, has invested $4 million in a new sportsbook platform called Wagr. Wagr will allow sports betting to be done among friends through its application. The sportsbook already has licensing applications pending in Tennessee and...
by Christina Monroe | Jun 1, 2021 5:00 pm | Revenue
Virginia sports betting handle took a dip in April as did the rest of the country. The seven sportsbooks of Virginia had a total handle of $236.4 million for April. Although they were down month-over-month in handle and revenue, their tax hold increased by almost 40%....
by Giovanni Shorter | May 20, 2021 12:13 pm | Revenue
Washington DC has seen a major betting decline in April. DC has struggled to maintain a strong market. With Maryland launching sports betting, the DC market may continue to struggle. WASHINGTON – Washington DC continued its trend of the big month-over-month dips. But...
by Christina Monroe | May 3, 2021 11:21 am | Sports Betting
WynnBET is now the seventh mobile sports betting platform in Tennessee. The sportsbook is now live in six states nationwide. Tennesseans can download the WynnBET app on any smartphone to begin gambling on sporting events with the company’s betting lines. NASHVILLE,...
by Giovanni Shorter | May 3, 2021 10:26 am | Revenue
More than $304 million was bet on sports in Virginia in March. This can mainly be attributed to March Madness betting throughout the month. FanDuel is the biggest sportsbook in the state, claiming 53% of the market. RICHMOND, Va. – Sports betting fans in Virginia...
