Pennsylvania’s sports betting handle decreased 14% from March to April. This dip is very similar to the dip seen in New Jersey. However, other states saw far larger dips – well over 20%. PHILADELPHIA – Pennsylvania saw a dip in April’s sports betting revenue compared to March’s sports betting revenue. In April, Pennsylvania’s total sports … Read more
Nebraska’s voters voted for regulated online gambling in 2020. The state legislature is poised to restrict some aspects of sports betting. This could leave Nebraska Cornhuskers fans unable to bet on their favorite team. LAS VEGAS – Nebraska’s voters gave the go ahead to regulate sports betting in the state in 2020, but the legislature … Read more
Casino revenue in the United States reached an all time high in Q1 2021. Revenue increased more than 20% over Q4 2020. Sports betting revenue increased 270% over Q1 2020. LAS VEGAS – The casino industry appears to be recovering nicely from the COVID-19 pandemic, as Q1 of 2021 brought record profits. According to the … Read more
Ohio’s sports betting legalization bill has a unique setup. It splits the industry between the Casino Control Commission and the Ohio Lottery. This compromise could help it get passed in the 2021 Legislative Session. LAS VEGAS – Ohio’s preliminary sports betting legalization bill has a unique vision for a state-regulated gambing industry. Currently, most states … Read more
TransUnion, a major credit reporting agency, is moving into the online gambling world. They aim to provide better sportsbook protections to consumers, and better identity validation to sportsbooks. This could impact bettors who like to use bonuses to guarantee profit. LAS VEGAS – Online sportsbooks are still new to many bettors in the US, and … Read more
Major banking firm Goldman Sachs sees the sports betting and iGaming market outperforming e-commence over the next ten years. Goldman Sachs projects that the internet gambling market could be worth up to $39 billion in 2033. NEW YORK – As the online gambling and online sports betting market continues to expand, major banking firm Goldman … Read more
206% more bettors expect to place online March Madness wagers compared to 2019. Bracket usage is expected to drop by 8%. Retail sportsbook usage is expected to jump 83%. LAS VEGAS – March Madness is expected to break betting records in the United States, in large part due to how many states have legalized sports … Read more
On Tuesday, Wyoming’s State House voted down a sports betting bill that was expected to pass. On Wednesday, they revived the bill, and it did pass in a close 32-28 vote. The bill now goes to the State Senate, and could bring sports betting within a matter of months. Cheyenne, Wyo. – Wyoming’s sports betting … Read more
Rush Street Interactive (RSI) can provide its online casino and sportsbooks in Ohio, Maryland, and Missouri when regulations are set. This will bring BetRivers online sportsbook and casino to these new markets. The expansion is part of the deal between RSI and Penn National Gaming Inc. CHICAGO – Sports betting and iGaming fans in the … Read more
Nine Michigan casinos will be allowed to begin offering online gambling services. They will offer online casino gambling in Michigan in addition to sports betting. These casinos will be subject to some significant state taxes. DETROIT, Mich. – Residents and tourists alike will soon have access to online gambling in Michigan throughout the state. Online … Read more