News
Churchill Downs returns to profit as revenue grows 51.1% in 2021
Churchill Downs Incorporated (CDI) reported net revenue of $1.59bn (£1.19bn/€1.43bn) for its 2021 financial year ended 31 December, helped by consistent year-on-year increases in every…
New Hampshire smashes revenue and handle records in January
New Hampshire set a new monthly sports betting handle record of $99.5m in January, while the state’s revenue also reached an all-time high of $8.0m.…
Caesars to “dramatically curtail” media presence following ad-heavy 2021
Caesars has confirmed that it will “dramatically” cut back its marketing spend throughout the US in its full year 2021 and fourth quarter results investors…
Mississippi sports betting handle reaches $66.5m in January
Players in Mississippi wagered a total of $66.5m on sports in January, down slightly year-on-year, while monthly revenue also declined. The state’s handle was down…
Rapid growth in all sectors helps Caesars revenue rise 168.7% in 2021
Caesars has reported revenue of $9.57bn (£7.02bn/€8.43bn) for 2021, a rise of 168.7% from the operator’s total in 2020, with revenue from every division more…
Virginia college sports betting bill reaches state House
A bill that would allow betting on college sports teams based in Virginia has been referred to the House Committee on General Laws after passing…
Delaware sports betting handle down 28.2% year-on-year in January
Player spending on sports betting in Delaware fell 28.2% year-on-year to $8.4m in January, while the state also reported a 55.6% drop in revenue for…
West Virginia seeks to legalize esports betting
West Virginia’s House of Representatives is to consider a new amendment that would legalize esports betting in the US state. Introduced last week, House Bill…
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Read now!Connecticut House approves bill to ban greyhound racing
A bill that would prohibit greyhound racing in Connecticut has passed its first reading in the state’s House of Representatives. The bill, titled HB 5174,…
Louisiana retail betting handle reaches $49.3m in January
Consumers in Louisiana wagered a total of $49.3m at retail sportsbooks during January, a month in which the state also opened its legal online sports…
Pennsylvania gaming revenue rises 26.3% as igaming hits record high
Pennsylvania has recorded total gaming revenue of $393.1m in January, with online gaming revenue hitting an all-time high. Data from the Pennsylvania Gaming Control Board…
BetMGM scores strategic partnership with SportsGrid
BetMGM has entered into a strategic partnership with US-facing 24-hour sports wagering streaming network SportsGrid. Under the agreement, BetMGM content will be integrated across SportsGrid’s…
Washington DC sports betting handle hits six-month low in January
Consumer spending on sports wagering in Washington DC amounted to $18.6m in January, the lowest monthly total since August of last year. The amount wagered…
CDI names Simon as new technology chief
Churchill Downs Incorporated (CDI) has announced the appointment of Nate Simon as its new senior vice president and chief technology officer. Replacing Ben Murr, who…
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