The Colorado bookie industry hits past the $450 million mark in sports betting in December. While the handle is lower than November’s it should reassure those who are in the process of becoming a bookie that the year-on-year data is still nothing short of amazing. The total sports betting handle for November 2021 is at Read more about Colorado Bookie Industry Hits $461.4 Million Betting Handle in December[…]
Sports Betting in Arizona started back in September 9, 2021 where sports bettors could place bets mostly through their preferred sports betting software. While starting out much later than other states since the PASPA repeal a few years ago, Arizona sportsbooks are making up for lost time easily. In fact, Arizona holds the record for Read more about Sports Betting in Arizona Continues to Grow[…]
The New Jersey bookie industry has hit the billion-dollar total monthly sports betting handle record for the second straight month. The sports betting handle for New Jersey bookies for October is at $1.303 billion. This is 28.9% higher than Septembers’ $1.011 billion total handle, which was the first time that any state has broken through Read more about New Jersey Bookie Industry Hits Billion-Dollar Handle for Second Consecutive Month[…]
The Colorado sportsbook market breaches the $400 million mark in total sports betting handle for September. This is the state’s highest monthly betting handle since its launch, with its previous record at $326.9 million back in January. Many software sportsbook users have been seeing an increase in handle since August, and are optimistic that this Read more about Colorado Sportsbook Market Sets New Record in Betting Handle[…]
The New Jersey sports betting industry becomes the first state to hit $1 billion in monthly sports betting handle. The record set by New Jersey sportsbook industry totals $1,011,114,311 for September, 52.1% higher than August’s $664.7 million. The handle is also 35.1% higher than September 2020’s $748.6 million handle. This is also the state’s highest Read more about New Jersey Sportsbook Industry Hits $1 Billion Sports Betting Handle for September[…]
Much of the news on sports betting reaffirms the upward trend of the growing sports betting industry. With states reporting increasing handles month after month, many more are convinced that it is very profitable to open a sportsbook. Even in the midst of a pandemic, the demand for sports betting is not going down. New Read more about New Hampshire’s Sportsbooks Report Higher Handles for January[…]
The Oklahoma Supreme Court’s latest ruling on the gaming compacts between Governor Kevin Stitt and local tribes is not favorable for the local gambling market. The compacts signed by Gov. Stitt and the Otoe-Missouria as well as the Comache Nation are invalid. Which basically means that sports betting is still not legal in Oklahoma.
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[…]
When learning how to be a bookie, one of the best advice experts can give you, is to set your limits. The best pay per head bookie would even tell you to study your players, start off low, and adjust accordingly. And this is sound advice, as any wager your player makes, you could be Read more about Oregon’s Bookie State Lottery is High Stakes[…]