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Women’s sports betting brings gains, risks for sportsbooks

Women’s sports betting brings gains, risks for sportsbooks

Bally Bet, an online Arizona-based sportsbook, has a 15-year deal with the Phoenix Mercury in the WNBA’s first deal with a U.S. sportsbook. (File photo by Shirell Washington/Cronkite News) Phoenix Mercury guard Kahleah Copper’s, center right, is a popular option for sports bettors thanks to her standout performances on the court. (File photo by Shirell...

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Massachusetts May Revenue Shows Sports Betting Growth Surge

Massachusetts May Revenue Shows Sports Betting Growth Surge

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...