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New York Sportsbook

Is There No Hope for New York Online Sportsbook Industry?

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?[…]

50 Companies Apply for a Colorado Sports Betting License

50 Companies Apply for a Colorado Sports Betting License

Sports Betting in Colorado became legal in November of 2019 and they are moving rapidly to open their first sportsbooks. In addition, the framework for legal sports betting in Colorado was finally take care of last week.  In fact, they recently began to accept sports betting applications and the turn out was very high.  The Read more about 50 Companies Apply for a Colorado Sports Betting License[…]

New Jersey Sports Betting

Strong New Jersey Sportsbook Numbers Closes 2019

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

It May Become Easier to Legalize Sports Betting in Florida

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 sports betting

Nevada Sets Record in Sports Betting for November

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[…]

DraftKings Intends to Finish 2 Mergers by 2020 and Go Public

DraftKings Intends to Finish 2 Mergers by 2020 and Go Public

According to an announcement made on Monday, DraftKings intends to Finish 2 Mergers by 2020.  In the last few months, several rumors and speculations have been going around the sports betting software industry. However, the announcement has made it a reality as DraftKings Intends to Finish 2 Mergers by 2020. The merger between SB Tech Read more about DraftKings Intends to Finish 2 Mergers by 2020 and Go Public[…]

EU sports betting

EU Sports Betting Market Grew in 2018

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[…]

New York Sportsbook Revenue Drops by almost Half

New York Sportsbook Revenue Drops by almost Half

The sports betting industry in New York is not doing very well at the moment. This is because the New York Sportsbook Revenue Drops by almost Half is the current headline on gambling websites. According to sportsbook PPH news, NY saw a 41% drop in its sports betting revenue during the month of November. During Read more about New York Sportsbook Revenue Drops by almost Half[…]

Virginia Sports Betting

Virginia Sports Betting Could Generate Millions in Revenue

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[…]

Nevada Sports Betting

Nevada Remains King of Sports Betting in the US

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[…]