Louisiana Sports Betting Handle Reached $350M In March

Louisiana reported a sports betting handle of $350 million and a total of $37.7 million in gross revenue in March. Taxes paid to the state from mobile sports betting totaled $4.7 million, an increase from the $3.6 million paid in February. Louisiana reported a $350 million handle in March, the 10th highest among U.S. states  […]

James Foglio  •  03 May 2024
Michigan Sports Betting Handle Hits $497M For March

The Michigan Gaming Control Board reported a sports betting handle of $497.6 million for March, a nearly 20% increase over February. Operators also totaled $43.5 million in gross revenue. Sports betting handle in Michigan increased 18% compared to the $421.7 million in bets from March 2023 The handle increased 18% compared to the $421.7 million […]

James Foglio  •  03 May 2024
New Mexico Withheld From Betting On 150th Kentucky Derby

New Mexico residents will not be allowed to place bets on the 150th Kentucky Derby on Saturday, May 4, since the betting signal used to place wagers is being withheld from the state.  New Mexico gamblers cannot wager on the 150th Kentucky Derby because of Horsemen’s Association, Racing Commission dispute The state’s citizens are barred […]

James Foglio  •  03 May 2024
A $100K Bet Has Been Placed On Kentucky Derby Favorite Fierceness

A $100,000 bet has already been wagered ahead of this Saturday’s 150th Kentucky Derby — and it’s on Fierceness, the betting favorite — according to Horse Racing Nation’s Ed Derosa, via Vegas Insider’s Patrick Everson. An unnamed bettor is wagering $100,000 on Kentucky Derby betting favorite Fierceness, who has 5/2 odds of winning the race […]

James Foglio  •  03 May 2024
Tennis Umpire Antonio Casa Suspended Until 2031 For Betting Violations

Brazilian umpire Antonio Casa has been suspended for seven years and six months after admitting to charges of corruption and betting-related violations, the International Tennis Integrity Agency (ITIA) announced on Monday. The national-level official was also fined $8,000 and given a suspended penalty of $17,001 for breaching the Tennis Anti-Corruption Program (TACP), the ITIA added. […]

James Foglio  •  02 May 2024
Maine Hits Record-High Sports Betting Handle in March

Maine’s sports betting industry made history in March, reaching a record-high $47.6 million wagered and adjusted gross receipts totaling about $2.7 million.  Although DraftKings and Caesars Sportsbook are the only two sportsbooks operating in the state, the market has still expanded. Maine sportsbooks saw $47.6 million wagered in March after recording a low of $33.6 […]

James Foglio  •  02 May 2024
For another year, lawmakers have failed to get sports gambling legalized in Georgia

Lawmakers have been working to legalize sports gambling in Georgia for several years. Unfortunately, 2024 is another year where Republicans and Democrats cannot agree. This was the state’s same problem in 2022. The sports betting bill received zero votes from the state House. In 2024, the same issue will happen.  Some Democrats have withdrawn their […]

Zach Wolpin  •  01 May 2024
Legislation in Hawaii is considering conducting a study to potentially legalize online sports gambling in the future

Hawaii is one of 12 states that doesn’t offer domestic sports betting. Politicians have an overall aversion to gambling. However, those stances could change with the growing effort to legalize online sports gambling in the state. Unlike other states, massive revenue from sports betting doesn’t motivate Hawaii. They do not have to worry about budget […]

Zach Wolpin  •  01 May 2024
Is the legalization of sports betting in Minnesota in jeopardy after a racetrack sued three state tribal casinos?

The Running Aces Casino, Hotel & Track announced last week that they had filed a lawsuit against three Minnesota Tribal Casinos. This lawsuit was sent to the U.S. District Court for the District of Minnesota. Running Aces claims that these three casinos violated the federal Racketeer Influenced and Corrupt Organizations Act. Also known as the […]

Zach Wolpin  •  01 May 2024