The Massachusetts May revenue on legal sports betting was a mixed bag as total handle increased on a year-over-year basis but actually declined from the previous month. Month-to-month revenue increased a lot, over 16 percent, but was down on a year-over-year basis. This was because of a much lower hold rate, in the neighborhood of...
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3 Sports Betting Stocks to Wager On for a 2X Payout by 2033
If the sports betting industry picks up, these are the sports betting stocks to buy Sports betting has grown increasingly popular. While this industry has been around for decades, many states outlawed betting on sports, creating certain jurisdictions those looking to get in on the action would have to travel to. However, with the legalization...
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More States Could Raise Sports Betting Taxes, Says Analyst
Posted on: June 20, 2024, 12:55h. Last updated on: June 20, 2024, 01:31h. Illinois recently passed a graduated tax scheme for online sportsbook companies operating in the state, meaning the largest by revenue will pay significantly more taxes than their smaller counterparts. A welcome to Illinois sign. An analyst says the state’s recent sports betting...
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Jack Draper: The rise of bright tennis prospect to new British No 1 and Wimbledon contender
Jack Draper is Britain’s new No 1 after rising above Cameron Norrie in the rankings, but who is the 22-year-old bright tennis prospect from Sutton and can he win Wimbledon? Having missed the entire grass-court swing last year because of injury, Draper’s preparations for this year’s Wimbledon saw him pick up his first ATP Tour...
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Arizona Sports Betting Tops Nevada: April Betting Surge
In a surprise twist, Arizona sports betting tops Nevada in the numbers released for this past April as the Grand Canyon State collected a $656.3 million handle compared to just $569.3 million for Nevada. Overall, Nevada is still the bigger sports betting market than Arizona but recent trends are certainly indicating that things are shifting...
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Pennsylvania Sports Betting Industry Reaches Two Major Milestones in May
Pennsylvania, and our best sports betting sites operating in the Keystone State, hit two major milestones in May 2024. The Pennsylvania Gaming Control Board report was released on Tuesday, and showed that the state not only became the fifth state post-PASPA to eclipse $30 billion in lifetime sports betting handle, but it also reached the $2.5 billion...
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Mystics vs. Wings Odds, Spread, Betting Line and Stats – June 22
One game after putting up 31 points in an 83-72 loss to the Sky, Arike Ogunbowale leads the Dallas Wings (3-11) on the road against the Washington Mystics (2-13) on Saturday, June 22, 2024. It tips off at 3:00 PM ET on ESPN3, BSSWX, and MNMT. Wanting to place a wager on the Mystics vs....
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Queen’s Club Championships: Jack Draper stuns Carlos Alcaraz to move into quarter-finals
Britain’s Jack Draper is through to the quarter-finals at the Queen’s Club Championships, after a stunning defeat of defending champion Carlos Alcaraz 7-6 6-3. A tight first set with no break points saw Draper excel in a tie-break to clinch it 7-3 and claim the opening set, before storming through the second to lead 5-2...
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Euro 2024 betting picks: Spain vs. Italy best bets
One of the most intriguing Euro 2024 matchups to date kicks off on Thursday at 3 p.m. ET, when Group B favorites Spain and Italy collide at Arena AufSchalke in Gelsenkirchen, Germany. Following strong debuts in this tournament — Spain blew out Croatia 3-0 in its opener, while Italy beat Albania 2-1 despite an early...
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EU disaster as ‘furious’ row breaks out among leaders over top jobs stitch-up
An unseemly row has broken out among European leaders over the allocation of top jobs within the European Union. Centrist parties managed to claim another majority in the European Parliament in the wake of the June elections, fending off challenges from nationalist and far-right opponents. The European People’s Party (EPP), the Socialists and the Liberals...
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DraftKings Stock Setting Up Despite Concerns Over Online Betting Taxes
The stakes are high for DraftKings (DKNG) as it faces the prospect of other U.S. states following the lead of Illinois, New York, New Hampshire and Ohio in heavily taxing online sports betting companies. Despite concerns over where states will go on the issue, DraftKings — today’s pick for IBD 50 Stocks to Watch —...
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Betfred To Leave Maryland Betting Market, Bally’s To Enter
Betfred is leaving Maryland’s sports betting market, it was shared at Thursday’s Maryland Lottery meeting. While one online operator is leaving the state, two new operators (VSC and Bally Bet) are expected to soon enter the state’s digital sports betting marketplace. Betfred had been partnered with Long Shot’s in Frederick, but both the retail and...