Sports Betting
Maryland recorded $431.5 million total in sports betting handle for the month of May, a 34.8% increase year-over-year compared to the $320.2 million total in May 2023. Old Line State operators also combined for an 11.8% hold with winnings totaling $380.4 million. Maryland retail operators contributed $12.1 million, mobile sportsbooks added $419.4 million According to […]
The Massachusetts Gaming Commission (MGC) voted to award the City of Springfield a grant to help address gambling-related harm affecting the youth, the commission announced Friday. Massachusetts Gaming Commission voted to award the City of Springfield a $275,000 grant Moreover, commissioners voted to award Springfield with a $275,000 grant as part of the Massachusetts Community […]
The North Carolina State Lottery Commission reported an online sports betting handle of $525.5 million in May 2024, a 19% decrease compared to April a few months ago. North Carolina has generated $1.8 billion in betting revenue, $234.8 million in gross wagering revenue A drop in promotional credits was a contributing factor. The Tar Heel […]
According to Arizona law, the Grand Canyon State allows up to 20 sportsbooks. There are currently 16 active online sportsbooks in the state: Bally Bet, bet365, Betfred, BetMGM, BetRivers, Betway, Caesars, Desert Diamond Sports, DraftKings, ESPN BET, Fanatics, FanDuel, Golden Nugget, Hard Rock Bet, SaharaBets, and SuperBook. Arizona has 16 active, licensed sportsbooks in the […]
The New York State Gaming Commission reported $203.3 million in sports betting revenue for the month of May, the second-highest total since online wagering went live in January 2022. Revenue in May came within $8.2 million of this January’s all-time mark. New York operators generated a 33.8% increase in revenue compared to May 2023 New […]
Two more men were charged Thursday in the NBA sports betting scandal that led to the lifetime ban of former Toronto Raptors player Jontay Porter. Timothy McCormack, Mahmud Mollah joined Long Phi Pham, a fourth unnamed defendant in betting case In April, the league’s investigation revealed that Jontay Porter had disclosed confidential information to bettors, […]
NBA deputy commissioner Mark Tatum applauded the league’s effort in recent months for tracking betting irregularities and working together with licensed operators to maintain integrity. NBA banned Jontay Porter for betting on games, disclosing confidential information to bettors In April, the NBA handed Toronto Raptors forward Jontay Porter a lifetime ban from the league after […]
Barstool founder Dave Portnoy has placed a $1.6 million bet on the Boston Celtics to win the 2024 NBA Finals against the Dallas Mavericks. If Boston wins the NBA Finals, he will win $1.59 million. Dave Portnoy claims to have won $5.4 million on sports betting after five months in 2024 According to DraftKings Sportsbook, […]
Illinois Gaming Board Administrator Marcus Fruchter renewed seven sports betting licenses for retail sportsbooks on Thursday. This marks the first time the licenses have been renewed since the state operators began accepting wagers in March 2020. Argosy Casino Alton, Hollywood Casino Aurora were among the operators issued a renewed sports betting license The gaming expansion […]
The sports betting industry in Ohio achieved an incredible milestone, surpassing $10 billion in total handle since sports betting officially launched on Jan 1. 2023. Gov. Mike DeWine signed House Bill 29 into law on Dec. 22, 2021. Ohio became just one of 12 states to surpass $10 billion in lifetime handle, also the fastest […]
