Tag: mobile sports betting
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Which Online Sportsbook Has Shortest Live NFL and NCAA Betting Suspension Times?
If you like to place live bets during NFL and NCAA football games, you know that sometimes, you have to wait for the odds to be reset. But a new study found that DraftKings and FanDuel have the shortest suspension times during NFL games, but there’s still some room for improvement when it comes to…
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Seminole Tribe, West Flagler Reach Deal to End Litigation
The Seminole Tribe of Florida removed the largest potential legal obstacle to its mobile sports betting operation in the Sunshine State on Monday after reaching an agreement with the West Flagler Parties regarding future litigation. The Seminole Tribe, which does business as Hard Rock, has conducted full-scale mobile wagering in Florida via Hard Rock Bet…
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BetRivers Unveils Prop Packs for NBA Season
BetRivers announced Monday that it had unveiled Prop Packs, a digital player card game that offers sports bettors the chance to win up to $10,000 in bonus credits. Bettors who wager $10 or more on qualifying same-game parlays will randomly receive up to three free Prop Packs player cards per game featuring players participating in…
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Kentucky Sportsbooks Reap $34.2 Million in September Revenue
The second year of sports wagering in Kentucky got off to a roaring start as the commonwealth’s eight mobile operators and eight brick-and-mortar venues combined for $34.2 million in gross revenue for September according to figures released Friday by the state’s Horse Racing Commission. The 13.4% hold against $255.9 million handle continued the nationwide trend…
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New York Sports Betting Weekly Handle Hits $548 Million While ESPN BET Continues to Lag
ESPN BET saw another small week-over-week decline in mobile sports betting handle for New York despite the nine operators combining for $548.3 million, according to figures released by the state’s Gaming Commission on Thursday night. The $8.1 million in accepted wagers was down 6% from the week ending Oct. 13 and $943,600 less than the…
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Illinois Gaming Board Suspends “Objectional Bets” for Select NFL Markets
Illinois Gaming Board Administrator Marcus Fruchter authorized a temporary suspension on NFL bets that involve wagering on injuries, player conduct, officiating assignments and negative-outcome predetermined events in any game Thursday. The move came in response to a request filed by the NFL earlier this month. The league originally submitted its request to have it brought up for a vote at…
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New York Mobile Sportsbooks Held to $21 Million in Weekly Revenue
New York‘s nine mobile sportsbooks had their worst week since the Super Bowl as bettors rode NFL favorites in limiting operators to $20.6 million in revenue for the week ending Oct. 13 according to figures released Friday by the state’s gaming commission. It was the lightest revenue haul for the group since being held to…
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Illinois Sports Betting Handle Surges to $878 Million for August
The Illinois Gaming Board reported nearly $878 million in traditional sports betting handle for August on Friday as sportsbooks in the Land of Lincoln had a middling performance. The completed events handle was $865.2 million, with the difference likely represented by college and NFL futures wagering. Traditional handle was up nearly 30% compared to August…
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Michigan Sportsbooks Roll Public for $59 Million in September Revenue
The Michigan Gaming Control Board reported $59.2 million in overall gross sports betting revenue for September, the second-highest total in state history as operators combined for a lofty 11.3% hold. The state agency released online wagering figures Thursday, while retail numbers had been released earlier. The revenue total trails only the $65.9 million claimed last…
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Louisiana Sportsbooks Ride Parlay Success to 15.7% Hold in September
The beatings shall continue until parlay wagering improves. The Louisiana State Police reported $35.1 million in gross sports betting revenue from parlays Thursday, part of a spectacular September for sportsbooks as they reaped $55.2 million overall. In the nearly three years Louisiana has conducted commercial wagering, it has been a relative safe haven for sportsbooks.…
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Pennsylvania Sportsbooks Win Big, Spend Big in September
The Pennsylvania Gaming Control Board reported $95.8 million in gross sports betting revenue for September on Thursday as the state’s 10 mobile operators aggressively sought business through promotional play. The $42.3 million in credits and bonuses shelled out was an all-time monthly high in nearly six years of wagering in the Keystone State and 43.4%…
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New Jersey Sportsbooks Post $119 Million Revenue Haul for September
New Jersey sportsbooks shook off a double-digit percentage decline in handle and claimed $119.6 million in adjusted gross sports betting revenue for September, according to figures released by the state’s Division of Gaming Enforcement on Thursday. The September haul trails only the $170.8 million reported to kick off the year in January, and it was…
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Bally Bet Officially in 10 States Now After Tennessee Launch
Bally’s Interactive announced Thursday that its mobile sports wagering app Bally Bet has launched in Tennessee, the 10th state where it is conducting digital sports betting. It is the third state where Bally Bet has recently expanded, following July launches in both Massachusetts and Maryland. Bally’s also currently conducts online sports betting in Arizona, Colorado,…
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New York Tops $2 Billion Handle, $200 Million Sportsbook Revenue in September
New York‘s sportsbooks had one of the busiest and best months of the post-PASPA era of sports wagering in the United States, surpassing $2 billion in handle and eclipsing $200 million in sports betting revenue for September, according to figures released Wednesday by the state’s Gaming Commission. It was the fourth time monthly wagering eclipsed…
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July a Bumper Month for U.S. Sportsbooks as Arizona Piles on $42 Million
The Arizona Department of Gaming reported $42.5 million in gross sports betting revenue in July before any deductions were taken, completing a sizzling summer month across the country for sportsbooks. Revenue in the Grand Canyon State was up 20.3% from last July, lagging behind the 26.9% rise in handle to $410.1 million. Arizona did outperform…
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Massachusetts Sportsbooks Pot Record $75 Million in September Revenue
The Massachusetts Gaming Commission reported a record $75.4 million in gross sports betting revenue for September on Tuesday as handle reached an all-time monthly high of $678.7 million. The early fall figures also allowed Massachusetts to become the 13th state to reach a $10 billion handle in the post-PASPA era, hitting the benchmark in essentially…
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Iowa Sportsbooks Set September Revenue Record With $27.5 Million
The Iowa Racing and Gaming Commission reported a record $27.5 million in sports betting revenue for September on Friday as DraftKings set all-time state highs for handle and revenue. Operators across the Hawkeye State combined for a 10.1% hold against $270.8 million handle as they bettered the previous record for revenue set at last December…
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ESPN BET Does $9.1 Million Handle in First Full Week in New York
Da da da, da da dud. ESPN BET generated only $9.1 million handle in its first full week as a mobile operator in New York, according to figures released by the state’s gaming commission, highlighting just how much of a challenge the PENN Entertainment-owned sportsbook faces in gaining share in the largest market in the…
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Indiana Sportsbooks Roll to $53 Million in September Revenue
The Indiana Gaming Commission reported $53 million in adjusted gross sports betting revenue for September on Friday, continuing a nationwide rout of the public for the month. It was the second-highest total in 61 months of wagering in the Hoosier State, trailing only the $53.5 million generated in January, and that ranking came despite $2.3…
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Kansas Sportsbooks Set Record with $34 Million in September Revenue
The Kansas Lottery reported a record $34.1 million in gross sports betting revenue for September on Thursday as all six mobile sportsbooks posted double-digit holds in routing the betting public. The revenue haul topped the previous record of $30.9 million set last December, and the 13.69% hold statewide trailed only the 13.71% win rate in…
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Maryland Sportsbooks Reap $50 Million in September Parlay Revenue
Maryland sportsbooks combined for an eye-watering 25.2% hold on parlay wagers in September, according to the state’s lottery and gaming agency, resulting in $50.3 million in gross sports betting revenue. The overall haul for operators reported Thursday was $65.4 million, the third-highest total in 34 months of wagering in the Old Line State. That was…
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U.S. Post-PASPA Sports Betting Handle Surpasses $400 Billion
The total known sports betting handle in the United States in the post-PASPA era surpassed $400 billion Thursday when Maryland and Kansas reported a combined $781.7 million worth of accepted wagers for September. The 34 states with commercial sports betting and known figures available reached the benchmark in six-plus years since New Jersey and Delaware…
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North Carolina Sportsbooks Pound Public for $70 Million in September
The North Carolina State Lottery Commission reported $70.1 million in gross sports betting revenue for September on Wednesday as operators notched their sixth double-digit hold in seven months of wagering in the Tar Heel State. September’s hold of 12.2% against the $575.4 million handle was up nearly 3.1 percentage points from August and marked the…
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Washington D.C. Sets All-Time Monthly Highs for Sports Betting
The Washington D.C. Office of Lottery and Gaming, along with D.C. Lottery, reported all-time monthly highs of $8.1 million in sports betting revenue and $58.1 million handle for September. The OLG reported its numbers Tuesday, while D.C. Lottery had reported its monthly figures for GambetDC earlier. The access to mobile sports betting in the nation’s…
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FanDuel Continues to Rule Mobile Roost in Virginia
FanDuel again topped the lists for sports betting handle and revenue in Virginia for August, according to a Freedom of Information Act request that was fulfilled by the Virginia Lottery. FanDuel ran its streak of double-digit holds in the Old Dominion to five months with a 11.2% win rate, potting $16.8 million in gross sports…
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ESPN BET Does $3M Handle in New York Mobile Debut
ESPN BET generated a $3 million handle in its first three days of accepting mobile wagers in New York, part of a Top 10 overall week of action ending Sunday according to figures released by the state’s Gaming Commission on Friday. ESPN BET’s much-anticipated entrance had been expected since late February after it spent $25…
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BetMGM Partners with GTG Network for Customized Betting Content
BetMGM announced Thursday it has partnered with GTG Network to provide customized content and wagering insights for sports bettors. The multi-year agreement will see a rollout in phases, first with GTG providing direct-to-consumer content followed by in-app integrations. BetMGM had made a series of enhancments to its mobile app prior to the start of the…
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Kentucky Sportsbooks Total $284 Million Revenue in Year One
The Kentucky Horse Racing Commission reported $12.1 million in gross sports betting revenue for August on Thursday, as sportsbooks totaled $283.6 million in overall winnings in their first 12 months of operations in the Bluegrass State. Kentucky began taking wagers at retail sportsbooks on Sept. 7, and mobile operators followed suit three weeks later. Handle…
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Betfred to Exit Virginia on October 21
Betfred‘s state-by-state withdrawal from the U.S. mobile sports betting market appears set to continue with a scheduled Oct. 21 exit from Virginia. On Betfred Sportsbook’s Virginia landing page, Betfred said it had stopped accepting online deposits, online wagers or new registrations in the Old Dominion as of 10 p.m. EDT on Tuesday. It added that…
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Ohio Sports Betting Handle Surges to $548 Million in August
The Ohio Casino Control Commission and Ohio Lottery reported a combined sports betting handle of $548.7 million for August, a year-over-year increase of 44.6%. The OCCC released its figures Tuesday, while the Ohio Lottery, which oversees sports wagering via kiosks, had released its monthly figures mid-month. The 761 kiosks in operation — down 179 from…
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Football Powers Colorado Sports Betting Handle to $372 Million for August
The Colorado Department of Revenue reported $372.4 million in sports betting handle for August on Tuesday, with NFL and college football action picking up significantly compared to last year. Overall, handle was up 21.7% compared to last year and 16.2% higher than the $320.4 million reported for July. The “Coach Prime” effect showed no signs…
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Virginia Sports Betting Handle Surges to $417 Million for August
The Virginia Lottery reported sports betting handle totaling $416.7 million for August on Tuesday, a 30.6% year-over-year increase. The Old Dominion also reached a pair of all-time milestones in the post-PASPA era, becoming the sixth state to reach $1.75 billion in gross operator sports betting revenue and the seventh to surpass $200 million in state…
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New York Mobile Sportsbooks Collect $43 Million For Week
The New York State Gaming Commission reported the eight mobile sportsbooks in operation claimed $43.5 million in revenue for the week ending Sunday, a notable falloff from the previous week’s near-$70 million haul. Handle rose 0.4% to $480.1 million, which was also 12.1% higher compared to action during Week 3 of the NFL season last…
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Nevada Sportsbooks Pot $25 Million for August Revenue
The Nevada Gaming Commission reported just over $25 million in sports betting revenue for August on Thursday, a notable year-over-year increase for Silver State operators. The figure was up 38.2% from 2023, easily outpacing the 5.8% rise in handle to $455.8 million. Revenue declined 3% from July despite a 21.3% upswing in handle as the…
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Sporttrade Launches Mobile Sports Betting in Arizona
Sporttrade announced Thursday that it had gone live for mobile sports betting in Arizona, the fourth state where the betting exchange platform is accepting wagers. It was a fast turnaround to launch for Sporttrade, which is tethered to the Quechan Indian Tribe of the Fort Yuma Indian Reservation. The Arizona Department of Gaming awarded the…
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Can ESPN BET Impact the New York Sports Betting Scene?
It has been seven months in the making, but ESPN BET is making the New York mobile sports betting picture whole once more. The state’s gaming commission approved the transfer of the needed licenses from Wynn Interactive on Monday to conduct wagering. ESPN BET‘s impending arrival will again give the Empire State — the largest…
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New York Surpasses $50 Billion in Mobile Sports Betting Handle
New York’s mobile sportsbooks surpassed $50 billion in all-time handle in grand fashion as the state’s gaming commission reported a historic rout for the week ending Sunday. The $478.2 million wagered according to NYSGC figures released Friday ranked 12th out of 141 weeks of digital wagering that began in January 2022. The start of the…
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Louisiana Sportsbooks Keep Rolling, Post 11.5% Hold in August
The Louisiana Gaming Control Board reported sportsbooks combining for a statewide hold of 11.5% for August on Friday, the ninth consecutive month with a double-digit win rate. Operators collected $27.1 million in gross revenue, up 49.3% from last year. That lagged slightly behind the 52.3% increase in handle to $234.5 million as wagering for the…
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Betfred to Leave Arizona in Early November
Betfred announced Thursday that it will leave Arizona‘s mobile sports betting market effective Nov. 4, further reducing its footprint in the United States. The U.K.-based operator stopped accepting bets in Colorado on Aug. 31, which came on the heels of it exiting Maryland and Ohio earlier this year. Betfred still has a mobile presence in…
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Pennsylvania Sportsbooks Collect $45 Million in August Revenue
The Pennsylvania Gaming Control Board reported $45.4 million in gross sports betting revenue for August on Wednesday, as brick-and-mortar venues had one of their best showings in state history. Gross winnings were up 48.4% from last year, easily outpacing the 23.5% increase in handle to $485.3 million. Pennsylvania’s 10 mobile sportsbooks were aggressively courting business…
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Michigan Sportsbooks Post Fifth Straight Double-Digit Hold
The Michigan Gaming Control Board reported Tuesday that sportsbooks combined for a hold of just over 10% for August, the fifth consecutive month it reached double digits. The month’s wagering activity was made complete after the state agency released online sports wagering totals for August. While digital sportsbooks made up the bulk of the gross…
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Massachusetts Sports Betting Handle Surges to $447 Million for August
The Massachusetts Gaming Commission reported $447.3 million in sports betting handle for August on Monday, a 42% year-over-year increase. The late-summer action pushed the year-to-date handle above $4.4 billion. That is up 71.5% from the first eight months of 2023, but it is not a like-for-like comparison, as mobile wagering did not commence in the…
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Illinois Sportsbooks Pot $71.3 Million for July as New Tax Rates Take Hold
The Illinois Gaming Board reported $71.3 million in adjusted gross sports betting revenue for July on Thursday, the first month the state’s new progressive tax rates took effect. Gov. JB Pritzker changed the rates from a flat 15% to revenue-based tiered ones that begin at 20% when he signed the Fiscal Year 2025 budget into…
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New York Weekly Mobile Sports Betting Handle Jumps to $476 Million
The New York State Gaming Commission reported mobile sports betting handle of $476.3 million for the week ending Sept. 8, a surge coinciding with the start of the NFL season. That figure was 18.7% higher than the $401.4 million reported for the week ending Sept. 1 and the 13th-highest total in 140 weeks of mobile…
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Fanatics Sportsbook Enters Washington D.C. Mobile Marketplace
Fanatics Sportsbook announced Thursday it has gained access to the Washington D.C. mobile sports betting market through a partnership with the Washington Spirit of the National Women’s Soccer League (NWSL). The District of the nation’s capital overhauled its mobile sports betting dynamic earlier this summer when it opened sports betting beyond the previous system run…
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Maryland Surpasses $100 Million in Sports Betting State Tax Revenue
Maryland Lottery and Gaming reported $5.6 million in state tax revenue generated from sports betting in August on Tuesday, putting the overall total above $100 million since the first wagers were accepted in December 2021. Operators in the Old Line State generated $37.2 million in adjusted gross sports betting revenue for the month, which was…
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Kentucky Sportsbooks Nearly Reach 12% Hold for July
The Kentucky Horse Racing Commission reported $15.4 million in gross sports betting revenue for July on Thursday, with the state’s seven retail sportsbooks and eight mobile operators combining for a hold just shy of 12%. It was the fourth consecutive month the statewide win rate reached double digits and the eighth time in 10 full…
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Ohio Sportsbooks Drill Public, Claim $55 Million In July
The Ohio Casino Control Commission and Ohio Lottery reported a combined $55.4 million in adjusted gross sports betting revenue for July as operators notched a double-digit hold for the 15th time in 19 months of wagering. The OCCC released its figures Tuesday, while the Ohio Lottery releases figures on wagering done via kiosks mid-month. July…
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Arizona Sportsbooks Claim $47 Million In June With 10.4% Hold
On Friday, the Arizona Department of Gaming reported $47.3 million in gross sports betting revenue for June, completing another solid month in 2024 for sportsbook operators. Revenue was up 66.8% from June 2023 as the 10.4% statewide hold ticked 3.2 percentage points higher. It was only the second time in 34 months of wagering that Arizona…
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Virginia Sportsbooks Stay Hot, Reap $45 Million in July
The Virginia Lottery reported $45 million in gross sports betting revenue for July on Friday as the state’s sportsbooks notched a collective double-digit hold for the fourth consecutive month. Overall, Virginia’s operators have posted a 10.4% hold through the first seven months of 2024, reaping $383.1 million from close to $3.7 billion worth of wagers.…
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Colorado Sportsbooks Post 10.2% Hold For July
The Colorado Division of Gaming on Thursday reported sportsbooks across the Centennial State posted a 10.2% hold against $320.4 million in handle for July, the second-highest win rate in 51 months of legal commercial betting. The percentage trailed only the 11.4% hold attained in September 2022 and was also the second time in the last…
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Betr Picks Adds “Group Mode” Feature, New-Look Sportsbook
Betr announced Thursday that it has launched a “Group Mode” for its peer-to-peer Betr Picks product, following up a soft launch for its enhanced sportsbook product offerings in both Ohio and Virginia. The “Group Mode” launch took place in Florida and Massachusetts, with another eight states — most notably Arizona and Virginia — set to…
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Rush Street, Kambi Extend Partnership for Sports Betting
Rush Street Interactive and Kambi announced a multi-year extension to their partnership Wednesday as Kambi will continue to serve as BetRivers’ sportsbook platform and for core trading and risk management services across the Americas. It is the second time the two have extended their partnership, with the original deal reached in 2018 ahead of Rush…
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Hard Rock Bet Launches In Illinois Ahead Of Rockford Casino Opening
Hard Rock announced Monday that it had launched mobile sports betting in Illinois through Hard Rock Bet, kicking off a week that includes the grand opening of its casino in Rockford on Thursday. Hard Rock Bet gives Illinois bettors nine mobile apps, and it is the first launch in the state since Circa Sports began…
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BetMGM Enhances Mobile Betting App Ahead Of Football Season
BetMGM announced Tuesday that it has released a series of enhancements to its mobile sports betting app as the football season gets into full swing this weekend. The biggest takeaway is an increased amount of markets powered by Angstrom, which is Entain’s in-house sports modeling and analytics company, to provide exclusive betting odds for certain…
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New York Mobile Sportsbooks Claim $36 Million in Latest Revenue Report
After two middling weeks, New York‘s eight mobile sportsbooks roared back to claim $36.2 million in gross revenue for the week ending Sunday, according to figures released by the state’s Gaming Commission. The digital operators were held to 6.8% and 8% holds for the weeks ending Aug. 4 and 11, the first time they were…
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Betr Acquires License For Huddle Tech Technology
Betr announced Thursday that it had acquired a license for Huddle Tech’s sports gaming technology, which will help the microbetting-focused platform enhance its sports wagering offerings. Betr, which was co-founded by social-media-influencer-turned-professional-boxer Jake Paul, also said it had incorporated Huddle Tech’s stack into its new-look sportsbook ahead of the upcoming NFL season. Betr has been…
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Bovada Stops Accepting Wagers in Ohio
Harp Media, which runs Bovada, one of the largest offshore sportsbooks and online casino platforms available to United States bettors, appears to be complying with a cease-and-desist order issued by the Ohio Casino Control Commission earlier this month. The OCCC confirmed it sent a letter to the Curaçao-based gaming company on Aug. 6, informing Harp…
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Michigan’s Mobile Sportsbooks Roll On With 11.8% Hold For July
Michigan’s 12 mobile sportsbooks combined for a collective 11.8% hold against gross revenue in July, the fourth consecutive month with a double-digit hold according to figures released Tuesday from the state’s Gaming Control Board. It matches the longest such run with digital wagering available in the Wolverine State, first accomplished from July to October 2022.…
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Pennsylvania Sportsbooks Claim $52.7 Million in July Revenue
Pennsylvania’s sportsbooks furthered the nationwide rout of the betting public in July after the state’s Gaming Control Board reported Tuesday that operators combined for a 12.7% hold and claimed $52.7 million in gross sports betting revenue. The Keystone State’s report made it 21 states and jurisdictions out of 21 reporting with double-digit holds for July.…