Sports betting

22nd February 2022

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…

22nd February 2022

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…

21st February 2022

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…

18th February 2022

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…

18th February 2022

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…

17th February 2022

State of the Union: New York, New Jersey, Michigan and more

In this week’s State of the Union, powered by Segev LLP, we see the first monthly revenue figures out of New York. While the numbers…

17th February 2022

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…

17th February 2022

New Jersey smashes sports betting and igaming records in January

Players in New Jersey bet a record $1.35bn on sports in January, while igaming revenue in the state reached an all-time high during the month…

16th February 2022

Michigan becomes latest state to set online betting handle record in January

The Michigan Gaming Control Board recorded handle for online sports betting of $496.8m in January 2022, setting a new state record.  The handle total was…

16th February 2022

New Jersey Super Bowl LVI wagers reach $143.7m

Players in New Jersey spent $143.7m betting on the NFL’s Super Bowl LVI, an increase of 22.4% on last year. Preliminary wagering statistics reported by…

15th February 2022

Paysafe expands into Louisiana and Oregon

Payment platform Paysafe has expanded into the legal mobile sports betting markets of both Louisiana and Oregon. Paysafe will now makes its payment services available…

15th February 2022

Nevada Super Bowl wagers reach record $179.8m

Players in Nevada wagered a record $179.8m on this year’s edition of the NFL’s Super Bowl. The amount spent at 179 licensed sportsbooks across Nevada…

15th February 2022

NY mobile sports betting handle nears $2.0bn in opening 30 days

Players in New York wagered just under $2.00bn in the first 30 days since the state launched its legal online sports betting market. A total…

14th February 2022

Michigan racing industry funding spikes thanks to gaming expansion in 2021

Michigan’s betting sector has quadrupled its contribution to the state’s horse racing industry through taxes during the first full year of expanded gaming. The Michigan…