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Sports betting jump helps Massachusetts gaming revenue rise

Sports betting jump helps Massachusetts gaming revenue rise

Total revenue across sports betting and land-based casino in the Bay State was US$155m, rising from $151.6m in May 2023. Sports betting revenue in the month rose to $57m from $47.1m a year ago, coming from a 3.4 per cent year-on-year rise in total bets to $587.3m. In Massachusetts’ land-based casino sector, revenue fell 6.2...

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US Supreme Court rejects attempt to block online sports betting in Florida

US Supreme Court rejects attempt to block online sports betting in Florida

The Seminole Tribe of Florida will maintain its exclusivity on sports betting in the state. US.- The US Supreme Court has rejected a case that sought to block online sports betting in Florida. As a result, the Seminole Tribe of Florida will maintain the exclusivity it holds via a compact that runs until July 2051....

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Vermont sports betting handle reaches .6m for May

Vermont sports betting handle reaches $12.6m for May

The handle decreased by 27 per cent from the previous month. US.- Vermont’s sports betting handle was $12.6m in May, down 27 per cent from April. Close to 554,000 bets were placed with an average wager of $22.75. Out-of-state players accounted for nearly a fifth of all wagers ($2.7m). The average bet per out-of-state player...

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How the sector is tackling competition this sporting summer

How the sector is tackling competition this sporting summer

A packed sporting schedule means there are plenty of opportunities for gambling companies this summer to engage and target new customers. iGB spoke to a few industry leaders on targeting new betting markets and unique products helping them to stand out from the crowd. Operators Betfred and Paddy Power and betting engine supplier Kambi are...

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Wall Street Breakfast Podcast: SCOTUS Refuses Sports Betting

Wall Street Breakfast Podcast: SCOTUS Refuses Sports Betting

Hispanolistic/E+ via Getty Images Listen below or on the go on Apple Podcasts and Spotify U.S. Supreme Court refuses to hear challenge to Florida’s online sports betting compact. (00:30) Chegg (CHGG) jumps over 9% after announcing headcount reduction, restructuring. (01:39) McDonald’s (MCD) ends drive-thru AI partnership with IBM as it looks for a broad voice...

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Arizona posts year-on-year sports betting growth in April

Arizona posts year-on-year sports betting growth in April

Higher spending on sports betting led to a 26.1% year-on-year rise in adjusted gross revenue (AGR) in Arizona, while the Grand Canyon State also reported a month-on-month increase in revenue. Starting with handle, total spend in Arizona on April hit $656.3m (£516.9m/€611.6m). This is 22.5% higher than last year but 13.6% behind $759.8m in March this year. Arizona...

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Massachusetts May handle up on last year as DraftKings maintains top spot

Massachusetts May handle up on last year as DraftKings maintains top spot

Player spending on sports betting in Massachusetts fell for the second consecutive month in May, though the Bay State was able to report a year-on-year rise in handle. Overall betting handle for the month hit $587.3m (£462.7m/€547.6m), 32.4% higher than May last year, but 2.7% behind the $603.3m wagered in Massachusetts in April this year. Online...

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Illinois betting handle up 22.8% to .10bn in April

Illinois betting handle up 22.8% to $1.10bn in April

Sports betting handle in Illinois jumped 22.8% year-on-year to $1.10bn (£868.2m/€1.03bn) in April, while revenue also edged up year-on-year. The Illinois April figure was 22% higher than the $898.6m wagered in the same month last year. However, it was down 12.7% from the $1.26bn bet in Illinois in March of this year. Of the total...

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Jake Paul’s Betr forms partnership with Betting Ladies

Jake Paul’s Betr forms partnership with Betting Ladies

Betr partners with Betting Ladies to empower women in sports betting through educational content and community support.  By Gambling Insider Betr, a sports gaming and media company founded by Jake Paul and Joey Levy, has announced a strategic partnership with Betting Ladies, a community for women interested in sports and betting. This collaboration aims to...

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Scotland vs Switzerland – Euro 2024: Betting tips, preview and latest Euros odds

Scotland vs Switzerland – Euro 2024: Betting tips, preview and latest Euros odds

SCOTLAND are in desperate need of an upturn in form when they play Switzerland in a crunch Group A clash on Wednesday. SunSport betting experts have previewed the contest, and carefully selected our best bets, tips and exclusive sign-up bonuses from our partners for the matchday two showdown. Find The Sun’s betting publishing principles here...

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Scotland vs Switzerland: Betting preview and tips as recovery mission begins

Scotland vs Switzerland: Betting preview and tips as recovery mission begins

SCOTLAND need a reaction on Wednesday when they face Switzerland on matchday two. It was as dire a start as could possibly have been imagined against Germany, heaping a huge amount of pressure on the group to perform in this crucial fixture. SunSport’s betting experts have previewed the game and selected their best bets, tips...