Delaware brought in $1.1 million in June from iGaming, in contrast to their lackluster sports betting numbers. iGaming handle was $35 million, while sports betting handle was $3.5 million. This could be evidence that iGaming can help substitute for sports betting in the slow summer months. DOVER, Del. – Delaware almost set a revenue record … Read more
Gambling in the US saw $14.8 billion in gross gaming revenue (GGR) in Q2, 2022 up 8.8% year over year. This is a record-setting revenue percentage for gambling in the US and beat the record set in Q4 2021. WASHINGTON – The gambling market in the US has continued to grow, seeing an all-time high … Read more
FanDuel and Rush Street’s CEOs both agree that consolidation is imminent in the betting market. TwinSpires and TheScoreBet already closed down due to issues that could be explained by consolidation. Long term, bettors might end up with less options, and a less competitive market for their sports betting desires. LAS VEGAS – Sports betting markets … Read more
Ohio’s gambling revenue has reached new heights, with $2.11 billion in handle so far. This is compared to $1.44 billion in handle in 2020. Ohio is also looking to regulate sports betting, a process that should be complete by 2023. COLUMBUS, Ohio – There is a double helping of good news for fans of gambling … Read more
Senator Joseph P. Addabbo Jr. has introduced a bill, SB S7536, that would permit mobile sports betting operators to accept wagers on horse races. The bill would allow up to nine qualified sports betting operators to accept bets on horse races, and currently sits in the Senate Rules Committee. ALBANY, N.Y. – With the launch … Read more
HR 3335, also known as The Greyhound Protection Act Of 2021, would amend the Wire Act and ban greyhound racing federally. The Wire Act was passed in 1961 to curb organized crime but has since been applied to online gambling, despite being passed before the existence of a widespread internet. WASHINGTON – A new bill, introduced … Read more
A case that could overturn sports betting in Florida has reached U.S. District Court. Judge Dabney Friedrich seemed to not buy the government arguments in defense of sports betting. Sports betting went live in Florida on Monday. TALLAHASSEE, Fla. – Sports betting in Florida went live with the Hard Rock Sportsbook app, but it could … Read more
