Sports Betting is a Low-Margin Business

Sports Betting is a Low-Margin Business

2021 has been a record-breaking year for the U.S. sports betting industry with over $53 billion in wagers. In addition, this is only from legal gambling operations and does not account for the $150 billion in offshore sportsbooks. Despite its success in the U.S. and abroad, Sports Betting is a Low-Margin Business Model with an Read more about Sports Betting is a Low-Margin Business[…]

US Sportsbook Market Handle Is Now Over $4.6 Billion for March

US Sportsbook Market Handle Is Now Over $4.6 Billion for March

March is a very successful month for the US sportsbook market, as the country has over $4.6 billion in betting handle in a single month. Many sportsbook pay per head operators are reporting significant increases in sports betting activity for March. And now that Illinois’ numbers are in, we are now able to confirm that Read more about US Sportsbook Market Handle Is Now Over $4.6 Billion for March[…]