Sports betting
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…
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…
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.…
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…
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…
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…
Louisiana online sports betting handle declines again in June
Consumers in Louisiana spent $113.7m betting on sports online in June, the lowest monthly total since the opening month of the US state’s legal market…
TheScore Bet rolls out in-house sportsbook risk and trading platform
theScore Bet, a subsidiary of Penn National Gaming, has launched its proprietary in-house risk and trading platform, as it shifts to an in-house technology stack. The…
Arizona sports betting handle reaches $461.5m in May
Consumers in Arizona spent a total of $461.5m on sports betting during May, while gross revenue for the month amounted to $55.2m. The US state’s…
Mississippi betting handle declines for third consecutive month in June
Consumers in Mississippi wagered a total of $25.1m on sports betting during June, a drop on last year and also the third consecutive month of…
New Hampshire sports betting handle hits $861.1m in FY22
Players in New Hampshire staked $861.1m on sports betting during the state’s 2022 financial year, while DraftKings generated revenue of $51.6m. Handle for the 12…
Gambet is a “failed operation”, DC councilmember says
A council meeting in Washington DC has branded Gambet as a “failed operation” after the sports betting monopoly has failed to bring in its projected…
High school Spire Institute among Ohio betting license applicants
A number of new organisations have applied for Ohio sports betting licenses, including Bet365 and Tipico as online providers, and high school Spire Institute –…
California Democrats endorse “no” vote on online betting measure
The California Democratic Party has recommended that those in the state vote against a proposal that would legalise online betting. The party – which dominates…