There is potential for up to 41 mobile sportsbooks to launch. BATON ROUGE, La. – Louisiana launched several online sportsbooks on Friday, finally opening the door for accessible regulated mobile sports betting to Louisiana residents. Louisiana Mobile Sports Betting A total of six mobile sports betting apps are launching. While there is potential for more … Read more
New York pulled in Thanks $603 million in handle during the launch of mobile sports gambling. The state saw $48.2 million in revenue in just nine days. January is on pace to be the most successful month in United States history in New York. NEW YORK – The state of New York is already seeing … Read more
The Florida sports betting ballot initiative – backed by DraftKings, FanDuel, and Florida Education Champions – is thousands of signatures short of appearing on the 2022 ballot. For the final push, DraftKings is offering a huge free-bet incentive, while Barstool Sports’ Dave Portnoy is taking to social media to garner support for the sports betting … Read more
New York online sports betting opened at 9 a.m. on Saturday. Caesars, DraftKings, FanDuel and Rush Street Interactive are allowed to operate. New York will have the highest state tax rate on online sports betting at 51%. NEW YORK – New York State opened its first online sportsbooks on Saturday, as bettors are able to … Read more
Arizona’s sports betting market generated over $67.5 million in revenue. Sportsbooks handled just under $780 million in sports wagers withing the first two months of launch. LAS VEGAS – The Arizona sports betting market is still young, but already thriving as residents wagered almost $780 million in the first two active months of betting. A … Read more
The launch comes as the Seminole Tribe of Florida awaits an appellate court ruling and Louisiana awaits the state police force to finish their background investigations into licensees. TALLAHASSEE, Fla. – BetMGM’s mobile horse racing app officially launched in both Florida and Louisiana on Devember 20, expanding the app’s presence to three states. The launch … Read more
Michigan residents wagered over $500 million in November, the most bets in a single month for the state. Sportsbooks in Michigan generated more than $58.4 million worth of revenue in November. Over 94% of the entire sports betting handle came from online sports betting. LANSING, Mich. – November was a record-breaking month for Michigan sportsbooks, … Read more
There are currently four sports betting proposals that could end up on the California ballot in 2022. As the most populous US state, it is widely believed that California will be the most profitable betting market. The proposals differ in intent and effect, and each seeks to give a different group control over the nascent … Read more
Flutter, operators of FanDuel, has seen a stock price drop of -23.13% YTD. DraftKings, a top competitor to FanDuel has fallen 12.26% YTD Caesars, on the other hand, is up 44.18% year to date. LAS VEGAS – Online gamblers are known for pouring money into their hobby, so investing in online gambling stocks could be … Read more
Wyoming’s sportsbooks saw $6.2 million in handle in their first month of operation. Due to promotions, the sportsbooks claim to have lost more than $100,000 in that month. They expect revenue to balance out once the major promotional launch deals are done. CHEYENNE, Wyo. – Wyoming’s sports betting is off to a fairly slow start … Read more