by Giovanni Shorter | Aug 12, 2020 2:10 pm | Revenue
Sports Betting in West Virginia has grown consistently in July thanks to the return of sports. The betting handle has increased every week, which coincides with sporting events. With Virginia’s 10% tax on betting revenue, the Mountain State has taken in a lot of...
by Carter Floyd | May 23, 2020 10:40 am | Revenue
Five states have reported their April sports betting figures: Indiana, Iowa, New Jersey, Pennsylvania, and West Virginia. In the five states, sports betting revenues are down almost 80% from what they were in February, and handle is down almost 90%. These states only...
by Carter Floyd | May 19, 2020 12:31 pm | Sports Betting
Major horse racing tracks across the country are beginning to reopen (without fans) after an extended hiatus caused by the Coronavirus. Betting handle on races has increased greatly over similarly timed races in 2019. This suggests that the sports betting industry...
by Carter Floyd | May 9, 2020 10:27 am | Revenue
West Virginia handled only $1.9 million in April sports wagers and collected $124,000 in revenue—a 6.54% hold rate. These figures were drastic reductions from the pre-COVID-19 handle and revenue figures. While West Virginia is beginning to reopen, the sports betting...
by Robert Jones | May 7, 2020 11:26 am | Political Betting
U.S. election betting likely won’t be available for the 2020 Election at state-regulated sportsbooks. The power to regulate political betting falls in the hands of state lawmakers state’s gambling regulatory authority. Donald Trump is favored at -120 odds to be...
