Blog Posts

Sports betting in Louisiana continues to fall in May totaling $171.1 million, $40 million less than their high in February of $211 million. Louisiana sports betting has seen  gradually reduced returns and experts believe the decrease in betting is tied to raging inflation in the U.S., making it harder for […]

Sports betting in New Jersey has been a bit up and down with $269 million in revenue in May on a 5.2% hold, down 9.3% when compared to last year. Analysts at Wells Fargo believe the low hold is due to either extremely good luck or more likely, the gross […]

For September 2021 through May 2022 it’s estimated that sports betting companies have spent almost $300 million on advertisements garnering over 18 billion impressions. During the Super Bowl, Caesars Sportsbook was estimated responsible for 66% of the national ad spending and around 75% of all ads were run during the […]

After some initial sparks, the hope for sports betting in South Carolina in 2022 is officially gone after the closing of the states two-year legislative session with no discussion for a bill. In April a bill was created that would legalize retail and online sports betting, allowing 8 to 12 […]

Gov. Larry Hogan is trying to push out online betting in Maryland fast. A letter sent to regulators by Hogan urges the Sports Wagering Application Review Commission (SWARC) to act quickly so online betting can be legal prior to the NFL season. This would be huge for Maryland as the […]

Since its launch back in 2019, Pennsylvania has become one of the biggest markets in the country for online sports betting seeing more than $14 billion in bets. These numbers are partly due to the advertisements and promotions that sports betting companies such as DraftKings and FanDuel will run to […]

Sportsbooks in Indiana had a slow month in May but still managed to generate more revenue than they saw in April. There was over $50 million less in the handle from May but sportsbooks reported a $2 million boost in adjusted growth revenue compared to April and a 62% jump […]

The decision on sports betting in California could end up in court if voters approve both ballots. The question voters will be asked is yes or no on tribal-backed retail betting and yes or no on online sports betting backed by companies like DraftKings and FanDuel. The concern is whether […]

It’s been four years since the Supreme Court altered their rules to allow sports betting in the US and more than half of the country has joined in legalizing it. With that said there are a few more states looking to legalize before the end of 2022. Of the states […]