by Michael Molter | Sep 6, 2022 9:18 am | Sports Betting
Cloakroom is about a month out from receiving their licensing approval from the DC Lottery. Cloakroom would become the first sportsbook in the US that is inside of a strip club. Kiosks and betting windows will start the betting at Cloakroom but mobile betting is a...
by Brett Crown | Aug 17, 2022 10:54 am | Revenue
FanDuel Sportsbook launched in Washington DC in mid-July, but still, put up a respectable handle while dominating other sportsbooks when comparing rate statistics. Despite factors working against long-term exponential growth, FanDuel is likely to grow its revenue...
by Michael Molter | Jul 27, 2022 9:57 am | Sports Betting
DOVER, Del. – Despite having legal sports betting, there are a few states whose sports bettors may wish they had a tougher time to bet. The average hold rate for a sportsbook is 7% – this is the percentage of money sportsbooks keep after paying out all of...
by Giovanni Shorter | Jul 14, 2022 2:27 pm | Sports Betting
The US Court of Appeals has given a timetable on the ongoing legal battle regarding the Florida gaming compact which allowed for sports betting. The timetable shows that things will not be settled until at least 2023. Florida cannot move to pass any sports betting...
by Giovanni Shorter | Jul 8, 2022 1:12 pm | Sports Betting
Audi Field launches the first MLS in-stadium sportsbook in the country through the D.C. United MLS team’s partnership with Caesars Sportsbook. There are six markets that have been approved in-stadium sportsbooks but Arizona will be home to sportsbooks at multiple...
