Sports betting

8th August 2022

Massachusetts commissioners: legal betting is “going to take some time”

Massachusetts gaming commissioners have warned that the launch of legal sports betting in the state may take longer than expected, as they prepare to create…

8th August 2022

Higher stakes drive July sports betting revenue growth in Iowa

An increase in consumer spending on sports wagering in Iowa led to a year-on-year rise in revenue in the US state during July. Players bet…

8th August 2022

Oregon sports betting revenue and handle both up in July

Sports betting gross gaming revenue and handle in Oregon both increased year-on-year in July, according to the latest figures published by the Oregon Lottery. Consumers…

8th August 2022

NY online betting handle drops below $1bn for first time in July

New York’s online sports betting handle fell to an all-time low in July, falling below $1bn for the first time since the US state opened…

5th August 2022

DraftKings reduces loss for first time in Q2

DraftKings has raised its earnings guidance for the year after its net loss declined on a year-on-year basis for the first time since going public,…

5th August 2022

FuboTV gaming business under strategic review with negative revenue

Streaming provider FuboTV will implement a strategic review of its betting arm, after determining that it could not operate the business alone in the current…

4th August 2022

Penn changes name, outlines plans for recession

Penn National Gaming has rebranded to Penn Entertainment and outlined actions it may take – including potential layoffs – in the event economic conditions hurt…

4th August 2022

DC sports betting revenue and handle down in June

Washington DC’s sports betting gross revenue and handle both declined year-on-year in June despite an increase in the number of operators active in the market.…

2nd August 2022

Sports betting revenue falls in VA despite handle increase in June

The Virginia Lottery reported a 40.9% year-on-year decline in sports betting revenue in the state during June, despite a 25.7% increase in player spending. Handle…

1st August 2022

BetRivers launches retail sportsbook in Maryland

Rush Street Interactive (RSI) has partnered with Bingo World to launch the BetRivers retail sportsbook in Maryland today. The 3,000 square foot sportsbook features 12…

1st August 2022

Rhode Island betting handle surpasses $500m in 2021-22

Consumers in Rhode Island spent more than $500m on sports betting during the 2021-22 financial year, while the US state’s betting revenue amounted to $39.7m.…

1st August 2022

Nevada gambling revenue reaches record $14.6bn in 2021-22

Nevada set a new gambling revenue record of $14.63bn in the 2021-22 financial year, while revenue in the state surpassed $1.0bn for the 16th consecutive…

28th July 2022

Sports IQ to provide Tipico with “Big Four” player props

Player props supplier Sports IQ has signed an agreement with German betting giant Tipico that will allow Tipico to use its pre-game and in-play prop…

27th July 2022

Underdog raises $35m to pursue sports betting

Paid fantasy sports operator Underdog has raised $35.0m (£29.0m/$34.5m) during a Series B funding round to support its plans to expand into sports betting. The…