Virginia Sports Betting Operators Enjoy Double-Digit Hold in April
While April’s handle couldn’t match March’s third-highest amount wagered ever in Virginia, the action was up 32.3% compared to April 2023.
New York’s Weekly Sports Betting Action Cools in Late May
The state's nine online operators saw a streak of 15 consecutive handles and 31 of the last 32 weeks at more than $400 million come to an abrupt end.
David Fletcher Wows as AAA Pitcher Amid MLB Gambling Investigation
Earlier this month, ESPN reported that Fletcher has been tied to the same illegal bookmaker as Ippei Mizuhara, the former interpreter of Los Angeles Dodgers star Shohei Ohtani.
Indian Gaming Association Officials Share Optimism, Insights on Minnesota Sports Betting
If Minnesota’s stakeholders can come together to attempt to bring legal sports betting to the state, IGA officials say it would be a learning experience for other states, like California.
Sports Betting Action Decreases YoY in Nevada for Second Consecutive Month
Nevada sports betting operators’ monthly hold of 5.41% was nearly identical compared to April 2023 and a touch higher than 5.3% from the previous month.
SEC Commissioner Isn’t Ready for Conference Decision on NCAA’s College Player Prop Ban Push
SEC commissioner Greg Sankey says conversation is ongoing on NCAA's request for college player prop bans in states with legal sports betting.
New York Senator Opposes Mets Owner’s Bid to Bring Casino to Queens
State Senator Jessica Ramos drafts counter that would allow for convention center, hotel at Citi Field location.
Sportsbooks Adjust MLB Future Markets Pricing Following Ronald Acuña Jr.’s Season-Ending Knee Injury
The news that Acuña would miss the rest of the 2024 season after he suffered the knee injury in Sunday’s game leaves the team without its best pitcher Spencer Strider (elbow) and now the face of its franchise in Acuña.
World Series of Poker Launches New Online Platform, Creates Three-State Summer Series
Poker players in Michigan to compete on same network as Nevada, New Jersey in new, real-money platform.
Betr CEO Sets Sights on ‘Intuitive’ Sportsbook Launch by NFL Season
Betr is confident that its mix of social media and viral videos with the company’s gaming products will appeal to people and demographics looking for something different than the norm in sports betting.
New York Court Rules FanDuel Founders Can Proceed with Lawsuit Under Scottish Law
The New York Appeals Court ruled Thursday that a lawsuit filed against Paddy Power Betfair following the 2018 sale of FanDuel should proceed under Scottish law.
New York Online Sportsbooks Reach $50M in Revenue for Second Consecutive Week
Following the previous week’s all-time mark of $70.9 million, the $121.2 million combined is the best two-week run since mobile sports betting went live in January 2022.
DraftKings Adds New Product, Markets with Finalization of Jackpocket Acquisition
DraftKings agreed to send roughly $412.5 million in balance sheet cash to Jackpocket with the remaining $337.5 million coming in the form of common shares.
Michigan Sportsbooks Enjoy Double-Digit Hold in April
The Wolverine State produced $43.4 million of revenue from online and retail sports betting, down slightly from March.
NBA Draft: How Bronny James Affects No. 1 Overall Selection Markets at Sportsbooks
The son of NBA superstar LeBron James is the biggest liability in the top pick market at one sportsbook ... and isn't even listed at a competing book.
Sports Betting Revenue in Massachusetts Tops $50M Despite Handle Dip
The Massachusetts Gaming Commission reported an April handle of $603.25 million, the fifth-highest since online wagering joined retail sportsbooks in March 2023.
Entain’s Strategic Review Suggests Selling Crystalbet, Focusing on BetMGM’s Growth
Company to focus on organic revenue growth, margins, and winning in the U.S. market.
Attempts to Bring Sports Betting to Minnesota in 2024 Fail
The latest attempt in a years-long battle to bring online and retail sports betting to the North Star State saw the finish line on Sunday.
Sports Betting Operators in New York Set New Weekly Revenue Record
The Empire State’s sportsbooks hauled in a record $70.9 million of weekly gross revenue, breaking the previous mark of $67.2 million set in January and highlighted by DraftKings setting an individual operator profits mark of $36.5 million.
North Carolina Operators Produce $105M of Revenue in First Full Month of Online Sports Betting
The eight online operators generated a whopping $105.25 million in revenue. The 16.5% hold is more than double the industry’s average win rate for sportsbooks and way up from the 10% in March.