Sports betting spending fell for the third consecutive month. US.- Indiana’s sports betting handle was $298.2m in June, up 33.1 per cent from last year, but 23 per cent behind the $361.6m wagered in May. Spending fell for the third consecutive month. The Indiana Gaming Commission reported that the state’s 16 retail sportsbooks and 12...
Category: Sports
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Massachusetts reports sports betting growth despite retail loss in June
Massachusetts saw its sports betting handle and taxable gaming revenue both increase year-on-year in June despite reporting a loss within its retail market. Total player spending on sports betting in Massachusetts during June amounted to $509.4m (£303.1m/€467.8m). This is 57.5% up from $323.5m last year but 13.3% behind $587.3m in May this year. It is also the lowest monthly total...
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Sports Betting Market size is set to grow by USD 189.3 billion from 2024-2028, Digital revolution boost the market, Technavio
NEW YORK, July 15, 2024 /PRNewswire/ — The global sports betting market size is estimated to grow by USD 189.3 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 12.02% during the forecast period. Digital revolution is driving market growth, with a trend towards emergence of machine learning in sports betting. However, stringent...
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Best Home Run Derby Betting Promos & Boosts: BetMGM, FanDuel & More
The MLB All Star festivities have finally arrived, with new users being able to claim all sorts of special bonuses and boosts for the 2024 MLB Home Run Derby. In addition to some exclusive All Star Game betting promos, baseball fans can secure some unique boosts designed specifically for the HR Derby. Whether you are...
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Men’s Olympic Basketball Gold Medal Odds & Best Bets
Jul 10, 2024; Las Vegas, Nevada, USA; USA forward Lebron James (6) looks on during the third quarter against Canada in the USA Basketball Showcase at T-Mobile Arena. Mandatory Credit: Candice Ward-USA TODAY Sports Play of the 2024 Olympics Gold in Basketball begins on Saturday, July 27 with 4 matchups. The fight for the Gold...
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BetMGM, Caesars Awaiting Mayor’s Budget Signature Before D.C. Launch
Jul 13, 2024; Milwaukee, Wisconsin, USA; Washington Nationals starting pitcher Mitchell Parker (70) pitches against the Milwaukee Brewers in the first inning at American Family Field. Mandatory Credit: Benny Sieu-USA TODAY Sports BetMGM and Caesars Sportsbook had plans to launch online sports betting districtwide today Both operators are now waiting for Washington, D.C. Mayor Muriel...
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Celtics win charges up sports betting haul
The Boston Celtics run to Banner 18 delivered a massive boost to Bay State sports betting in June over last year. The six online and three retail sports betting operators in the Bay State in June booked $509,356,529.22 in handle during the month of June, according to figures released Monday by the Massachusetts Gaming Commission....
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Massachusetts June Sports Betting Bolstered by Celtics Finals Run
Jun 14, 2024; Dallas, Texas, USA; Boston Celtics forward Jayson Tatum (0) and Boston Celtics guard Jaylen Brown (7) react during the game during game four of the 2024 NBA Finals at American Airlines Center. Mandatory Credit: Kevin Jairaj-USA TODAY Sports The Massachusetts Gaming Commission reported $509.35 million in sports betting handle for June The...
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Sports betting roundup: Pete Alonso has best odds to win MLB’s Home Run Derby on BetMGM Sportsbook
The Euro 2024 and Copa America tournaments concluded on Sunday with some exciting championship games. Spain beat England 2-1 to win the Euro 2024 championship. Mikel Oyarzabal’s goal in the 86th minute proved to be the game-winner. It was Spain’s fourth European Championship, which is the most all time. Argentina won a record 16th Copa...
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How to Build a Sports Betting Model: Expert Tips & Advice
So, you want to build a sports betting model. It’s for your own entertainment, or you’re hoping to learn something about coding or spreadsheets along the way, I strongly recommend it! If you’re hoping to suddenly outsmart the sportsbooks, however, you’re probably going to be disappointed — especially at the beginning. Let’s dive into our...
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MLB Home Run Derby picks: Odds favor Pete Alonso to make derby history
My favorite play is Adolis Garcia (+550). The Texas Rangers slugger hasn’t possessed the pop he would’ve hoped for this season with just 17 home runs at the unofficial halfway point of the season. Factor in a disappointing performance at last year’s derby and you’ve got a player who provides serious value on the betting...
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New York Sports Betting Operators Combine for 26% Rise in Weekly Revenue
After a sluggish June, New York sports betting has rebounded nicely to start July as operators witnessed a 26% rise in weekly revenue for the week ending July 7. Jul 15, 2024 • 15:44 ET • 4 min read Photo By – USA TODAY Sports A small increase in action for the week ending July...