Brad Senkiw
Sports Betting Operators in New York Set New Weekly Revenue Record
The Empire State’s sportsbooks hauled in a record $70.9 million of weekly gross revenue, breaking the previous mark of $67.2 million set in January and highlighted by DraftKings setting an individual operator profits mark of $36.5 million.
North Carolina Operators Produce $105M of Revenue in First Full Month of Online Sports Betting
The eight online operators generated a whopping $105.25 million in revenue. The 16.5% hold is more than double the industry’s average win rate for sportsbooks and way up from the 10% in March.
Sports Betting Operators in New Jersey Produce $106M of April Revenue
The Garden State’s monthly handle exceeded $1 billion for the ninth consecutive month.
March Basketball Action Rises 23 Percent YoY in Illinois
Sports betting operators in the Land of Lincoln generated nearly $1.3 billion in handle and $99.4 million in revenue for the month.
Despite Layoff, Scottie Scheffler's Still Getting Bulk of PGA Championship Betting Action
Scottie Scheffler (+450) at BetMGM, is the mobile operator’s biggest liability to win at Valhalla Golf Club in Louisville, Ky., where play begins Thursday.
Circa Sports Announces Online Betting Launch in Kentucky
The operator is entering a market dominated by DraftKings and FanDuel, which have combined to take in 75% of the handle.
Minnesota Legislators Make Last-Ditch Effort to Legalize Sports Betting in 2024
To help push online and retail wagering through in 2024, a horse track regulation bill was combined late last week with the sports betting language from HF2000.
Despite Big Summer Sports Events, Retail Sports Betting Isn’t Close to Launching in North Carolina
While the fans can pull out their phones and place legal online sports bets, there’s no partner ESPN BET brick-and-mortar location on or near the course.
New York Sportsbooks Start New Fiscal Year With $1.96B Handle
The Empire State produced revenue of $183.8 million in April.
Wyoming Regulators Take Aim at Banning College Player Props
NCAA Assistant Director of Government Relations Austin Meo told the commission during that meeting that harassment of student-athletes is at the forefront of the college governing body’s campaign, but the integrity of the sports and risks of insider information or manipulation of props are also a part of the advocacy.
Former MGM Executive Receives 1-Year Probation for Failing to Report Illegal Bookmaker’s Casino Wagering
Scott Sibella admitted knowing that Wayne Nix, a former Major League Baseball player, ran an illegal bookmaker operation.
New York Senator Takes Slower Online Gaming Approach with Poker-Only Bill
Senator Joseph Addabbo couldn’t drum up enough support for a 2023 bill to bring iGaming, online poker, and iLottery to New York, so he filed SB9226 which doesn’t attach online casinos or any other form of gaming.
Rob Manfred Believes MLB was 'Dragged' Into Sports Betting
Sports betting has become prevalent in all four Major sports in North America. Among many comments, Manfred did point out player prop bets were on his radar, but he does understand the advantages of legalized betting.
West Virginia’s April Handle Drops 34% Month-Over-Month
Revenue fell from $4.7 million in March to $3.6 million in April, but several sports betting operators in West Virginia survived the drop because of a 10.3% hold, up from the 9% produced in the previous month.
IC360, Radar Partner to Bring Enhanced Geo Location Services to Gaming Industry
Integrity Compliance 360 and Radar announced a partnership Monday to provide clients with a variety of geolocation, compliance, and integrity monitoring services.
Ohio Regulators Propose ‘Use It or Lose It’ Amendment to Cover All Sports Betting Operators
Sports betting operators have until Tuesday to comment on rule-making amendment that allows regulators to apply a “use it or lose it” licensing provision to all types of sports betting operators.
Sports Betting Operators in New York Survive NFL Draft Weekend
FanDuel recorded $20 million in revenue for the fourth time in five weeks.
DraftKings CEO Eyes Bringing Sports Betting to Texas in 2025
Jason Robins believes "Texas has a real shot" at legalized sports betting. Company "gearing up for 2025" push.
North Carolina Lawmaker Files Bill to Prohibit College Player Props
New bill would disallow in-person wagering at facilities where college sports are held eight hours before and during the event.
Revenue for Bally’s North American Online Gaming Sector Rises 70% to Help Combat $179M Net Loss in Q1 2024
According to this week’s quarterly release, online gaming in the U.S. and Canada generated $41.5 million of revenue, up from the $24.4 million to start 2023.
