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
Florida’s Gambling Hotline Calls Have Doubled Since Online Sports Betting Relaunch

Gambling hotline calls in Florida have doubled since the relaunch of online sports betting in the Sunshine State, according to a spokesperson for the Florida Council on Compulsive Gambling (FCCG).   Florida Council on Compulsive Gambling has seen a 138% increase in the number of calls, minutes FCCG has seen a 138% increase in the […]

James Foglio  •  01 May 2024
Arkansas Sports Betting On Pace to Surpass $500M in 2024

Arkansas sports betting could surpass $500 million in earned revenue in 2024, almost a hundred million dollars more than the $404 million the Natural State generated last year. Arkansas sports betting revenue could reach an all-time high in 2024 with legalized iGaming For the first 10 months of 2023, $297 million had been wagered on […]

James Foglio  •  01 May 2024
Ryan Garcia Says He Made $12M Betting On Himself to Beat Devin Haney in Boxing Fight

Ryan Garcia lost a $1.5 million bet to Devin Haney ahead of a boxing match, claiming he would make weight for their WBC Super Lightweight title fight last weekend in Brooklyn.  Ryan Garcia won $12 million betting on himself to upset Devin Haney in fight after losing $1.5 million bet with Haney Garcia, 25, agreed […]

James Foglio  •  29 Apr 2024