For the first time, Arizona sportsbooks had a higher monthly sports betting handle than Nevada

Last week, Arizona sportsbooks made history after 32 months of legal wagering. The Arizona Department of Gaming reported $656.3 million in a betting handle for April 2024. For the first time, they’ve beaten their neighboring state, Nevada. Arizona came close in March when they collected $760 million in wagers. Despite that success, it was still […]

Zach Wolpin 17 Jun 2024
Vermont Sports Betting Handle Hits New Low In May

Vermont hit a new low with its sports betting handle in May 2024, with operators accepting $12.6 million in wagers. That's a 26% decline from April, according to the state's Department of Liquor and Lottery's (DLL) summary report. Vermont sportsbooks ended May with an adjusted revenue of $1.2 million, down 25% from April's $1.6 million […]

James Foglio 17 Jun 2024
The Maine Gambling Control Unit predicts a rise in sports betting this summer

In Maine, the executive director of the Maine Gambling Control Unit (MGCU) is predicting a rise in sports betting this summer. That’s because of the 2024 Olympics being held in Paris. They start on July 26. While the Olympics might boost the industry this summer, local lawmakers are still frustrated. The state still doesn’t have […]

Zach Wolpin 17 Jun 2024
Offshore betting site Bovada is being targeted by multiple state regulators via cease and desist letters

In the United States, offshore sportsbooks still have their place in the market. While they are unregulated, these illegal sites collect millions of revenue each year. That’s money legal US gambling states are missing out on. Since the ban on sports gambling was lifted in 2018, there’s been an ongoing struggle between regulated and unregulated […]

Zach Wolpin 18 Jun 2024
MLB Disciplines Umpire Pat Hoberg For Violating Gambling Rules

Major League Baseball (MLB) announced Friday it has disciplined umpire Pat Hoberg for violating the league's gambling rules. This comes 10 days after the league levied a lifetime ban on a player for gambling and suspended four others for one year. MLB umpire Pat Hoberg is appealing the discipline and has denied gambling on baseball […]

James Foglio 15 Jun 2024
Bally's Chicago Thriving Ahead of New Casino Construction

Bally’s Chicago casino located at 600 N. Wabash Avenue near the Magnificent Mile won more than $11.73 million from players in May, the Illinois Gaming Control Board (IGCB) reported. Bally's Chicago collected $6.98 million from slots, $4.75 million from table games in May The casino at Chicago's Medinah Temple features 800 slot machines and 56 […]

James Foglio 14 Jun 2024
In April 2024, Illinois Sportsbooks generated $92 million in revenue

The Illinois Gaming Board reported $92 million in adjusted sports betting revenue in April 2024. For the eighth consecutive month, their betting handle topped $1 billion. Compared to April 2023, operator winnings were up 2.7%. That despite a 22.8% increase in their handle to $1.1 billion. Illinois’ hold was just shy of 10% in 2023, […]

Zach Wolpin 14 Jun 2024
D.C. Council Votes to Expand Sports Betting Market

At a D.C. Council meeting on Wednesday, members voted to retain an amendment in the budget that would allow the District to open its online sports betting market to multiple operators. D.C. Council votes to end FanDuel's monopoly on online sports betting in the District Zachary Parker’s amendment to eliminate fellow council member Kenyan McDuffie’s […]

James Foglio 14 Jun 2024
Kansas Mayor Endorses Sports Betting In Hopes Of Luring KC Chiefs, Royals To Relocate

Kansas City Mayor Tyrone Garner has endorsed the idea of using sports betting revenue and STAR bonds to attract two major league franchises – the NFL's Kansas City Chiefs and the MLB's Kansas City Royals – to move from Missouri to the Kansas side of the city. Kansas City to use sports betting revenue and […]

James Foglio 14 Jun 2024