In July, New York Sportsbooks reported $140.9 million in sports betting revenue

For New York’s numbers in July, the state Gaming Commission reported $140.9 million in sports betting revenue. That was fueled by a collective 11.1% hold from the nine mobile sportsbooks. Additionally, New York’s overall win rate was also 11.1%. Their fourth-highest total in 31 months of legal betting in New York. The $1.27 billion total […]

Zach Wolpin  •  12 Aug 2024
ESPN Bet will not have an additional surcharge when they launch in New York

During a second-quarter earnings call last Thursday, Penn Entertainment CEO Jay Snowden said that ESPN Bet will not have a surcharge like DraftKings plans to add. ESPN Bet’s parent company is Penn and the two have been working together for a few years now. Jay Snowden mentioned that a surcharge tax in early 2025 is […]

Zach Wolpin  •  12 Aug 2024
Circa Sports is opening a temporary retail sportsbook in Kentucky ahead of the NFL season

Last week, Kentucky announced its plan to add Circa Sports to its betting market. They are set to open temporary retail sportsbooks on August 12 at the Mint Gaming Hall Kentucky Downs. A press release by Circa Sports noted that their sportsbook will open just in time for college football and the NFL season. Their […]

Zach Wolpin  •  12 Aug 2024
Massachusetts Gaming Commission Cancels Meeting To Discuss Sports Betting Limits

The Massachusetts Gaming Commission (MGC) had planned to host an agenda-setting meeting on Wednesday to discuss naming an official date for a second sports betting limits discussion. However, the MGC canceled the meeting on Tuesday. Operators told the MGC they would have appeared if it was operators-only. Massachusetts Gaming Commission would have held a remote […]

James Foglio  •  09 Aug 2024
FanDuel claimed more than $20 million in sports betting revenue in Virginia for the seventh consecutive month

FanDuel is one of the top sportsbooks in the United States. According to the Freedom Information Act by the Virginia Lottery, FanDuel continues to have the top revenue sports in Virginia. For the seventh consecutive month, the industry leader claimed more than $20 million in gross sports betting revenue. They finished with $21.3 million from […]

Zach Wolpin  •  09 Aug 2024
North Carolina is one of the top sports betting markets for the PGA Tour

Recent statistics provided by the PGA Tour stated that bettors in North Carolina staked 8% of all golf betting handles since the market opened in March. North Carolina is top five for overall PGA Tour betting. The state is known for the golf craze and the sports betting market is thriving betting on the sport. […]

Zach Wolpin  •  09 Aug 2024
In June, bet365 had the third-highest mobile handle in Kentucky

On Thursday, the Kentucky Horse Racing Commission announced their June sports betting figures. Bet365 was announced as the third-best sports betting app in Kentucky in terms of its mobile handle. The England-based company accepted $15.5 million worth of wagers in June. That was only down $100,000 from the $15.6 million they saw in May. BetMGM. […]

Zach Wolpin  •  09 Aug 2024
SEC To Mandate Injury Reports, Improve Transparency For College Football Betting

In just a few weeks, the 2024 college football season will begin. With the Pac-12 down to just two teams, there are now four power conferences. They include the ACC, SEC, BIG 12, and 10. Recently, CBS Sports announced that the SEC is planning to make a big change for the upcoming season. They plan […]

Zach Wolpin  •  09 Aug 2024
ESPN BET’s Live Sports Betting Show to Debut on ESPN Next Week

ESPN BET Live will debut live on the main ESPN network on Aug. 12 and 13 and cover NFL, college football, and other scheduled sporting events. The one-hour show has only aired on ESPN2 and ESPNEWS since launching in March 2019. ESPN BET Live has only aired on ESPN2 and ESPNEWS since launching in March […]

James Foglio  •  08 Aug 2024