Sportsbooks across the country have been announcing record-breaking sports betting numbers over the past couple of months. New Jersey’s sports betting industry broke its highest record, and was the first state to get a handle higher than $1 billion back in September. In October, Nevada joins New Jersey as the second state to hit a Read more about Colorado Sports Betting Handle Breaks Record in October[…]
Sportsbooks enjoyed a huge boost in sports betting handle this September in Indiana. The September sports betting handle in Indiana is the highest monthly handle ever recorded by the state. Football, of course, takes the credit for the huge boost in handle for the month. Aside from college basketball, which contributes much to the higher Read more about Sports Betting Software Operators Help Indiana Reach Record High Betting Handle[…]
Efforts to legalize sports betting in Massachusetts is finally moving on. The state’s House reviews the various proposed retail and sportsbook software bills. According to the research presented to the House, Massachusetts can collect around $70 million in annual tax revenue from sportsbooks. And since there are a number of sports betting legislation on the Read more about Massachusetts Legislators Review Proposed Retail and Sportsbook Software Bills[…]
In the latest news on the Indiana sports betting market, we now have the latest numbers on the state’s betting handle for the month of June. The total sports betting handle for Indiana for June is at $246 million. While it is indicative of a healthy betting market, the number is slightly lower than its Read more about Indiana Sports Betting Handle Hits $246 Million for June[…]
The Colorado sportsbook industry sees an increase in the total betting handle in the state for the month of May. The total sports betting handle of all sportsbooks in the state is $278.97 million. If anything, the handle for the month serves as a great way to remind those who want to open a sportsbook Read more about Colorado Sportsbook Industry Sees Increase in Betting Handle[…]
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[…]
Virginia is one of the latest states in the US that has opened its doors to sports betting. And in just 11 days, the bookie industry in Virginia manages to generate $58.9 million in betting handle. Many bookie pay per head industry experts predict that Virginia could be one of the most popular betting markets Read more about Bookie Industry in Virginia Has $58.9 Million in Less Than Two Weeks[…]
Colorado launched its sports betting market in May 2020. Even if their local market started out a bit later compared with other states, the betting handle for the year more than makes up for it. In fact, even if they only started in May of 2020, the Colorado sports betting handle breached the $1 billion Read more about Colorado Sports Betting Handle Passes $1B Mark in 2020[…]
As far as US sports betting is concerned, many industry experts are having a tough time seeing a sportsbook in Texas. It is, after all, one of the hardest states to get legislation on gambling on. This is despite having a potentially large market of bettors, as well as those who would want to create Read more about Texas Bill Open to Sportsbook Presence in State[…]
The Indiana Sportsbook Industry has a good reason to celebrate. For the first time, Indiana’s sports betting handle hit the $300 million mark, a good number to end the year with. To be specific, the state has a $313.1 million handle. This is 62% higher than November’s $251.4 million. If we compare it to December Read more about Indiana Sportsbook Industry Sets Record in December[…]