Michigan’s December Sports Betting Revenue Falls 69% Year-Over-Year
Wolverine State operators produced a 3.3% hold on a $617.5 million handle, the lowest win rate in over three years.
Flutter Reportedly Considers Italian Lottery License Bid
Fan Duel's parent company may want to buy the rights to run Italy’s lottery.
Massachusetts Lawmaker Makes Another Push for Sports Betting Tax Hike
After a failed attempt in 2024, Senator John F. Keenan has again filed a bill to increase the tax rate on sports betting operators and ban certain types of wagers.
Sportsbooks Pulling for Buckeyes in Ohio State vs. Notre Dame National Championship Game
Even though Ohio State is the sportsbook’s biggest liability in the national title winner market, BetMGM still needs the Buckeyes.
NFL Odds: Divisional Round Drama Changes Sports Betting Landscape
Losses from Lions, Ravens allow Eagles to emerge from the weekend as the favorites to win the Super Bowl, moving from +400 to +180.
Connecticut Sets New Sports Betting Handle Record in December
The Nutmeg State took in the most sports betting wagers ever, but revenue dipped 35.8% year-over-year in the final month of 2024.
Watchdog Firm Flags Eastern Michigan Games for Unusual Betting Activity
Suspicious bets made on first-half spread in last week's Eastern Michigan-Central Michigan college basketball game.
New York Sportsbooks Surpass $60M in Online Revenue Again
Big money was made despite the latest handle of $561 million falling 6.6% week-over-week from the all-time high set during New Year’s.
North Carolina December Sports Betting Revenue Plummets
The state’s sportsbooks produced their second-lowest monthly revenue and worst hold since wagering launched in March.
Iowa Bill Aims to Make Proxy Betting, Account Sharing a Class D Felony
Under House Study Bill 21, a violation would carry a maximum sentence of five years in “confinement” and thousands of dollars in fines.
NFL Divisional Round Odds: Sportsbooks Need Underdog Help
“The sportsbook needs the underdogs to cover, and is hoping for one of the dogs to win outright to break up parlays,” BetMGM trading manager says of NFL Divisional Round odds.
New Jersey Sports Betting Revenue Falls 42% Year-Over-Year in December
The Garden State’s online and retail sportsbooks surpassed $1 billion in 2024, but last month produced just a 5.2% hold on a $1.22 billion handle.
Commercial Gaming Revenue Sets New Monthly High in November 2024
The American Gaming Association reports that in-person casinos, online sports betting, and iGaming combined to generate $6.65 billion.
Maryland Records Second-Highest Handle, Revenue Falls 26% in December
The Old Line State’s online and retail sports betting operators ended 2024 with the lowest hold of the year, a 7.2% win rate on a $637.3 million handle.
Maryland Sends Cease-and-Desist to 11 Illegal Gaming Companies
None of the illegal gaming companies have agreed to block access to the state’s residents, Maryland Lottery and Gaming said.
Illinois Sets New Records for Monthly Sports Betting Handle, Revenue
The Land of Lincoln generated its highest handle ever of $1.53 billion and the most revenue of $154.6 million during a bounce-back November.
Jason Kelce Picks Player Prop During ESPN Broadcast ‘Because They Told Me To'
Kelce alludes a staff member gave him an LA Rams Matt Stafford player prop pick to share on ESPN before the Monday Night Football game between the Rams and Vikings.
Mattress Mack Loses $2 Million Betting on Texas Longhorns
One of the Lone Star State’s most notorious gamblers lost $2 million wagering on his in-state college football team over the last month.
Kansas Sports Betting Revenue Falls 50% in December
The hold on a $261.3 million handle was just 5.8%, the third lowest of 2024 behind only February and October.
Bettors Took Sportsbooks on Wild Ride During NFL’s 2024 Regular Season
Several sportsbooks shared 2024 insights with Covers, detailing what was popular among bettors and why the NFL’s regular season turned out the way it did.