Articles by Zach Wolpin (314)
Yesterday, the Kansas City Chiefs won 27-20 vs. the Baltimore Ravens in the first game of the 2024 season. It was a hard-fought game for the Ravens. With the NFL back in full swing, sportsbooks around the United States are eager to set themselves up for success. DraftKings CEO Jason Robbins spoke at the Bank […]
On Wednesday, Sporttrade announced that it received licensing approval in Virginia. This is now the fifth state they have sports betting market access in nationwide. Despite the announcement being made so close to the NFL season, Sporttrade has plans to launch in Virginia in October. The Commonwealth State is one of the only cities in […]
Bettormetrics is a sports odds intelligence firm that recently released an analysis of four leading U.S. sportsbooks. In their research, they found that DraftKings’ mobile markets were suspended for the least amount of time during the 2023 NFL season. On the opposite side, bet365 had their markets suspended for the longest duration. According to Bettormetrics, […]
After months of waiting, the NFL season is officially back as the Kansas City Chiefs will host the Baltimore Ravens on Thursday Night Football. The National Football League has continued to be a source of revenue for states with a legal sports betting market. With the 2024 season starting today, Hard Rock Bet has announced […]
Last Friday, the Arizona Department of Gaming reported $47.3 million in gross sports betting revenue for June 2024. Compared to their figures from June 2023, revenue was up 66.8% with a hold of 10.4%. For just the second time in 34 months of legal wagering in Arizona, sportsbooks posted back-to-back months with win rates of […]
On Tuesday, the Ohio Casino Control Commission and Ohio Lottery reported a combined $55.4 million in adjusted gross sports betting revenue in July. It was the 15th time in the last 19 months that the state obtained a double-digit hold. July was the 16th time that Ohio’s monthly winnings exceeded $50 million. Since Ohio became […]
On August 6, the Louisiana Gaming Control Board (LGCB) issued a cease-and-desist letter letter to illegal gambling operator, Bovada. The chief Louisiana sports betting regulator is the latest state-level official to try and push Bovada out of the market. At an LGCB meeting on August 15, Chairman Chirs Herbert spoke about what the state has […]
September is Responsible Gaming Education Month and BetMGM has partnered with the American Gaming Association (AGA). They want to help promote responsible gambling across the NFL as the season is set to kick off this Thursday. Lamar Jackson and the Ravens will travel to Kansas City to face Patrick Mahomes and the Chiefs. It’s a […]
In the U.S., 38 states including Washington D.C. and Puerto Rico have some form of legalized sports betting. Since the Supreme Court overturned the PASPA Act in 2018, several states across the country have seen firsthand just how profitable sports betting can be. Legalized markets make millions in revenue in a year, some even hitting […]
This past March was the first month that legal sports betting in North Carolina was made available to the public. So far, the state has been thriving. Taking wagers on NFL, NBA, NHL, and Nascar. While those sports proved to be profitable, North Carolina is expected to see a huge boost in revenue this fall […]