New York has been struggling in terms of coming up with a decent sports betting policy. While a lot of you bookies would want to maximize your sportsbook profits, New York seems very reluctant to support a growing industry. Which begs the question: Is there no hope for New York online sportsbook industry? Since last Read more about Is There No Hope for New York Online Sportsbook Industry?[…]
New Jersey has been riding a high throughout the past year. Emerging as one of the biggest sports betting markets in the US, New Jersey has set a prime example of how a more open and modern gambling industry can develop in a short amount of time. December was no exception, with strong New Jersey Read more about Strong New Jersey Sportsbook Numbers Closes 2019[…]
Sports betting in Florida has a lot of hurdles to get through to have a local sports betting market. First off, you have the gambling monopoly from the state’s major tribe the Seminole. Next, are other legal restrictions that prevent the state from even drafting bills. Similar to certain states, Florida’s constitution may be preventing Read more about It May Become Easier to Legalize Sports Betting in Florida[…]
Nevada continues to dominate the sports betting market in the US. And once again breaks a record for November. According to the report from the Nevada Gaming Control Board, the sportsbooks in the state have a combined handle of $614 million. Nevada sets the record with the highest monthly handle for 2019 in any state Read more about Nevada Sets Record in Sports Betting for November[…]
In any given sportsbook, players have hundreds, if not even thousands, of betting options. Part of learning how to be a bookie is knowing what betting options to offer, and how to set the lines. Most new bookies tend to focus on bookie basics: the types of wagers. Next, they would often go on to Read more about Bookie Basics: What are Exotic Bets?[…]
Putting up shop and starting your own sportsbook can be complicated, at least without the benefits of using a pay per head. Creating a platform for your players to bet on, running and managing lines, and monitoring all of the action can be very time-consuming. And expensive. Then, when you add in the different laws Read more about Kentucky Sports Betting Not as Complicated as it Seems[…]
The European Gaming and Betting Association, or EGBA, has recently released the data on online gambling revenue of its 28 member states for 2018. The combined revenue is €22.2 billion, which is 11% higher than 2017. The EU sports betting market is the dominant revenue stream, with 42.5% revenue shares. Casino revenues are second at Read more about EU Sports Betting Market Grew in 2018[…]
Virginia has been studying the idea of legalizing sports betting in the state. Prior to forming any detailed Virginia sports betting law, the General Assembly passed a law to study the industry last year. SB 1126 commissions a report on “gaming in the commonwealth”. The study aims to study the impact of having a sports Read more about Virginia Sports Betting Could Generate Millions in Revenue[…]
In the excitement over sports betting outlets popping up in multiple states across the US, most forget about Nevada, the state that has offered sports betting since 1949. So while experts have been praising the growth of local betting markets in states like New Jersey, or Philadelphia, Nevada has been quietly amassing a large handle Read more about Nevada Remains King of Sports Betting in the US[…]
Pennsylvania’s sports betting market is doing well so far this year. And as each month passes, the total handle of local sports betting continues to rise. September’s numbers were good at a total revenue of $19.3m with a total handle of $194.5 million. October’s net revenue dropped to $19.1 million, but the Pennsylvania sports betting Read more about Pennsylvania Sports Betting Handle Beats September Numbers[…]