Brad Senkiw
Pennsylvania’s Sports Betting Adjusted Revenue Falls 43% YoY in October
The Keystone State’s online and retail sportsbooks combined to generate $858.1 million in wagers but produced a hold below 7%.
Michigan Sports Betting Revenue Dips 30% Year-Over-Year in October
The Wolverine State’s operators were unable to capitalize on the second consecutive month of a handle over $500 million.
Bills QB Josh Allen Leads NFL MVP Futures Market After Week 11 Shakeup
The seven-year veteran is as low as +125 at FanDuel after he handed the Kansas City Chiefs their first loss of the season on Sunday.
New Jersey Sports Betting Revenue Drops 16% in October
The Garden State’s online and retail sportsbooks generated $1.13 billion in wagers but combined for a hold under 7%.
Illinois Sets New Monthly Sports Betting Revenue High
The Illinois Gaming Board reported a September handle of $1.31 billion, up 21.3% year-over-year and 50% month-over-month.
Jake Paul-Mike Tyson Boxing Match Makes Combat Sports Betting History
Tyson-Paul the most bet combat sports event in history at multiple sportsbooks. Netflix claims 60 million households watched Friday bout.
Betting Volume on Jake Paul vs. Mike Tyson on Par with NFL, Books Say
Michigan bettor stands to win $1.45 million if former YouTuber emerges victorious over boxing legend Friday.
New York Operators Generate $500M Handle for 4th Consecutive Week
It’s the first time since wagering went live that mobile sportsbooks combined to produce more than $50 million in revenue for three consecutive weeks.
Indiana Bettors Set New Sports Betting Handle High in October
Indiana sportsbooks generate $537.9 million, most ever in the Hoosier State and up 25.2% year-over-year, but revenue slips 22.3% from October 2023.
New Kansas Sports Betting Record Handle Rises 10.5% Year-Over-Year in October
Bettors in the Sunflower State wagered $275.9 million in October, most ever in a single month, but a 4.7% hold for operators stunted revenue growth.
FBI Raids Polymarket CEO’s Home, Seizes Phone
The federal government seized crypto-based prediction platform CEO's phone as part of a U.S. Justice Department investigation into whether the company accepted trades from U.S. customers.
Sportsbooks Give Travis Hunter Shortest Heisman Odds of Any Candidate Yet
Colorado's dual-threat is currently listed as low as -115 to win college football's highest individual honor. But plenty of candidates remain in the field.
FanDuel to Sponsor Netflix’s Christmas Day NFL Doubleheader
FanDuel is the official sportsbook partner of Netflix’s Dec. 25 doubleheader and will sponsor a pregame segment that will include predictions and betting odds.
Jake Paul vs Mike Tyson Primed to Be Big Draw for Sports Betting Operators
Bettors loading up on Tyson props, backing former champ in upcoming Netflix bout.
FanDuel’s Strong NFL Start Fuels Flutter’s 27% Year-Over-Year Revenue Rise in Q3
FanDuel’s parent company announced a $3.25 billion revenue haul from the three-month period that ended Sept. 30.
North Carolina Operator Revenue Slips 70% Month-Over-Month in October
The Tar Heel State generated $612 million in handle, highest ever minus promotional spending by eight online sportsbooks.
NFL’s Week 10 Underdog Trend Rights Ship for Sportsbooks’ Profitability
History shows that public bettors love taking Overs, but nine games went Under the point total, adding to the sportsbooks’ big day.
After September to Remember, Sports Betting Operators Endure October to Forget
Gaming companies forced to audible after “the most customer-friendly stretch of sport outcomes" some have ever seen.
New York Sportsbooks Hit Hard by Bettors in October, Revenue Plummets
The Empire State’s nine online sportsbooks produced $176.3 million in revenue, down 13.9% month-over-month, on a record $2.3 billion handle.
DraftKings Pulls Back on FY24 Guidance Despite 39% Year-Over-Year Q3 Revenue Increase
Sports betting giant reported a net income loss of $293.7 million in Q3 as the revenue costs reached $742.4 million, up 36.7% year-over-year.
