Posts From: August 2024

Oregon sports handle increases by 31% in July

Oregon saw a 31% uplift in sports betting activity during July with revenues of  $53.3 million. The state reported a sports betting handle of $39.4 million ($39.1 million from DraftKings, $273,328 from...

Sports Betting
Kentucky reports $150 million in June sports wagers

On Thursday, the Kentucky Horse Racing Commission announced their June sports betting figures. Bet365 was announced as the third-best sports betting app in Kentucky in terms of its mobile handle....

Sports Betting
Maryland reports record sports wagering revenue

The Maryland Lottery and Gaming Control Agency reported more than $6.2 million in sports betting tax revenues for the month of July, the fourth-highest month of tax revenues since the...

Sports Betting
DraftKings U-turns on gaming tax surcharge after two weeks

DraftKings won’t be adding a gaming tax surcharge after all, the company announced Tuesday evening. After previously announcing two weeks ago it would be hitting winning bettors in high-tax states with a...

Sports Betting
Missourians will vote on legal sports betting after ballot measure approved

An end run around the Missouri General Assembly has the nation’s two largest sports books driving hard to their goal of crossing home plate with a big payday. A constitutional...

Sports Betting
Iowa online sports handle tops $130 million in July

The Iowa Racing and Gaming Commission reported nearly $130.6 million in adjusted gross sports betting revenue for January as both DraftKings and FanDuel started the year in strong fashion. It was the fifth-highest revenue total in 54...

Sports Betting
New York mobile sports betting up 31% in July

The New York State Gaming Commission reported $140.9 million in sports betting revenue for July, fueled by a collective 11.1% hold from its nine mobile sportsbooks. The overall win rate was also 11.1%, which is...

Sports Betting
BETBY to roll out industry-first betting on Stormgate and Escape from Tarkov tournaments

BETBY, a leading sports betting provider, has made significant additions to its game portfolio by incorporating all future Stormgate tournaments and introducing live betting for official tournaments of the new...

Sports Betting
US senator introduces bill to eliminate federal taxes on sports betting

U.S. Senators Catherine Cortez Masto (D-Nev.) and Cindy Hyde-Smith (R-Miss.) introduced the Withdrawing Arduous Gaming Excise Rates (WAGER) Act, bipartisan legislation to protect legal sportsbooks and gaming businesses and help states...

Sports Betting
Maryland issues mobile sports betting licence to Ballys

The Maryland Lottery and Gaming Control Commission (MLGCC) today issued a mobile sports wagering license to Bally’s Interactive Maryland, LLC (Bally’s). Bally’s successfully completed a controlled demonstration of its mobile...

Sports Betting