Posts From: April 2024

Effort to legalize sports betting faces hurdles in Georgia

An effort to authorize sports betting in Georgia has failed for another year, after lawmakers couldn’t agree on how to spend money collected on taxes. Neither a proposed state constitutional amendment or...

Sports Betting
Illinois sports betting revenue totals $1.29 billion 

Illinois is somewhat quietly becoming one of the online betting hubs of the United States. After a massive January that saw it post the third-highest sports betting handle. Illinois’ $1.29 billion...

Sports Betting
Louisiana sports bets top $274 million in February

The Louisiana Gaming Control Board reported monthly record gross sports wagering revenue totaling $274.8 million in February. Handle was up 48.3% compared to the final month of 2022 and 5.8% versus the $356.5 million wagered in November....

Sports Betting
Minnesota sports betting bill evolves

Two Minnesota sports betting bills are quickly moving through the legislature. Its political supporters have negotiated a deal with one of the biggest groups opposing a bill to open the books. The House author...

Sports Betting
AGA expects $2.72bn wagered during March Madness season

The NCAA men’s and women’s basketball tournaments kick off, it’s not just about brackets and buzzer-beaters anymore. Thanks to the legalization of sports betting, March Madness has turned into a full-blown betting...

Sports Betting
Oregon sports betting revenue surges 40%

Oregon Lottery sports wagers jumpted 40% to $67.9 million in February, according to a preliminary report to the Lottery Commission. This is the lottery’s highest sports betting wagering month, one-third...

Sports Betting
Iowa sports handle hits $220 million in February

Iowans placed $220 million in sports bets in February, according to a new report from the Iowa Racing and Gaming Commission (IRGC). About $6.3 billion have been wagered in Iowa...

Sports Betting
Minnesota sports betting bill tax rate hiked by senate

A Senate proposed Minnesota sports betting bill today took another step forward, but not without undergoing several additional changes. The Minnesota Senate Committee on Taxes moved Sen. Matt Klein’s (DFL-53) sports betting bill, SF 1949,...

Sports Betting
TrueLabel team up with Betby to enhance sportsbook offering

TrueLabel, a leading provider of innovative iGaming products, is excited to announce its partnership with Betby, a leading supplier of cutting-edge sportsbook solutions.  Betby’s premium sportsbook is now available to...

Sports Betting
Maine sports betting revenue tops $33 million for February

According to Maine regulators, players in the state  $33.7 million in February between Caesars Sportsbook and DraftKings Sportsbook last month. Sports betting handle, however, ticked down 14.3% to $33.1 million in the...

Sports Betting