Grant Leonard
Grant Leonard
Grant is a former junior B ice hockey player, and a current believer that the Washington Capitals’ aging core still has another Cup run left in the tank. Grant’s owned and operated his own marketing agency since shortly after graduating from Virginia Tech in 2014. He pursued the profession because he figured it’d be a great way to get paid to do something he loves to do, write. After years of hammering puck lines and leading his fantasy football league as Commissioner, Grant started writing about sports betting and the casino gaming industry in 2021 and hasn’t looked back.
Sport to bet on: NHL
Sports movie: Miracle
Sports snack: Chips & Hummus
Covers feature: Expert Picks & Predictions
Iowa Sportsbooks Collect Lowest Handle of 2024 in April
Iowa’s sports betting operators cashed a total of $16.6 million in net receipts, good for a 7.9% win percentage (hold). Unlike the other metrics, operator revenue was not actually the lowest in 2024.
Indiana Sports Betting Posts Yearly Gains While Basketball Betting Dominates
The Indiana Gaming Commission reported over $500 million in wagers for March, which topped February’s $408.6 million by nearly $100 million.
FanDuel Surpasses Expectations For DC Sports Betting Launch
A spokesperson from the District’s Office of Lottery and Gaming (OLG) told Covers that FanDuel’s initial launch as the go-to online sports betting platform in the nation’s capital “has not just met but surpassed expectations.”
DraftKings Nabs Oddsmaker Provider Sports IQ
Company uses advanced artificial intelligence and machine learning techniques to build proprietary odds for the U.S. sports betting industry.
Wynn Reports Record Adjusted Property Earnings in Q1 2024
Overall, Wynn booked $1.86 billion in operating revenues for the first quarter, a nice increase of $439.2 million from Q1 2023’s $1.42 billion.
New Jersey Launch Marks 20 States for Fanatics Sportsbook
Fanatics' online sports betting site is now available to roughly 95% of the addressable online sports bettor market in the U.S.
Soft2Bet Joins IBIA in Ontario, Worldwide Launch Upcoming
Earlier this year, the IBIA released a report that highlighted Ontario as a leading regulated gambling jurisdiction, citing the effects of its prolific market of 30 legal Ontario sports betting sites keeping bettors away from offshore options.
Basketball Betting Propels Colorado Sportsbooks to $593M Handle in March
The $593 million total handle was also a nearly 20% year-over-year increase from March 2023’s $494 million.
NBA Discussing Changes to Betting Menus with Sportsbook Partners
BetMGM, DraftKings, and FanDuel all have commercial contracts with the NBA that influence the league on what types of wagers are offered.
Illinois Lawmaker Introduces Bill to Block Dave & Buster’s From Allowing Bets on Arcade Games
Rep. Daniel Didech (D-Buffalo Grove) assembled strong support within the Illinois House of Representatives with 27 of his congressional colleagues co-sponsoring the bill.
Rush Street Interactive Reports Record Revenue, EBITDA in Q1 2024
Company grows iCasino, online sports betting businesses by over 35% year-over-year.
Virginia Sports Betting Books 3rd-Largest Monthly Handle in March
Virginians wagered over $635 million, which was a 24.2% jump from March 2023 and a $90 million increase from February’s handle.
Rivalry Reports Massive Gains in Handle, Revenue in 2023
iGaming operator's betting handle came in at $423.2 million for the full year, up 82% year-over-year. Gross gaming revenue spiked 34% to $35.7 million.
Changes at Entain a 'Breath of Fresh Air' for MGM Resorts CEO
The operator recorded $4.4 billion in consolidated net revenues for the first quarter, marking a 13% increase from Q1 2023.
NorthStar Exceeds $1 Billion In Total Wagers
The company enjoyed sizable gains in its gross margin figures. Gross margin skyrocketed 492% year-over-year from $1.2 million in 2022 to $7.1 million in 2023, representing 36% of revenue compared to 21% of revenue in 2022.
Dave & Buster’s to Allow Betting on Arcade Games Through App
The technology is expected to be available for Dave & Buster’s customers nationwide in the coming months.
Micro-Betting Platform nVenue Appoints Global Gaming Vet to President, COO
nVenue provides betting partners and media with in-game predictive content and micro-betting markets.
Football Hall-Of-Famer Bruce Smith Bringing $1.4 Billion Gaming Resort To Virginia
The joint venture partnership, announced today, will be the first of its kind in the gaming and entertainment industry to have a minority-owned business enterprise as a co-development partner.
Choctaw Taps Kambi For Sportsbook Technology
Kambi’s technology supports 40+ customers including Bally’s, Kindred, and Rush Street Interactive, and Choctaw hopes to harness its market-leading sportsbook offering to become an online and retail sports betting powerhouse.
Churchill Downs Reports Record-Setting Q1 Results
Churchill Downs delivered record first quarter revenue and adjusted EBITDA for both its live and historical, and TwinSpires segments.