Posts From: March 2024

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
Maryland sports handle hits $43.4 million

Maryland Lottery and Gaming reported $43.4 million in gross sports betting revenue for February on Monday as operators failed to notch a double-digit hold for just the third time in 16 months since sports...

Sports Betting
FanDuel takes over from Gambet in Washington

The Office of Lottery and Gaming (OLG) has announced that FanDuel is the new sports wagering subcontractor for Intralot, Inc., OLG’s lottery and sports wagering system vendor. Under this agreement,...

Sports Betting
New York sports handle tops $131 million in February

The New York State Gaming Commission reported $131.3 million in adjusted gross sports betting revenue for February on Friday, as varied operator outcomes from Super Bowl LVIII played havoc with bottom lines....

Sports Betting