The return of NFL and college football in September brought a significant boost to most, if not all, betting markets across the US. In our latest gambling update, let us take a look at the reports from several states as we look at how popular and lucrative sports...
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Pennsylvania Gambling Market Jumps in August
The Pennsylvania gambling market experienced significant growth in August. Both sports betting and iGaming enjoyed a boost in handle and revenue. Sportsbooks record a 48.4% increase in gross gaming revenue compared to the same month in 2023. Meanwhile, the total...
Pennsylvania Sportsbooks Record 12.7% Hold Rate in July
Sports betting in the Keystone State was very active for the month of July. It was also quite profitable, with Pennsylvania sportsbooks recording a 12.7% hold rate. Sportsbooks ideally should have a hold rate or win rate in the double-digit range. The higher the rate,...
New York Sportsbooks See Lowest Weekly Handle of the Year
If you read a lot of bookie news and updates, you will be getting a lot of reports on sports betting markets across the country. In recent weeks, you will have read about the drop in betting activity in most markets across the US. The Empire state is not exempt from...
Massachusetts Sportsbooks Maintain 9 Month Handle Streak
Massachusetts, a state known for its successful sports franchises, continues to see robust growth in its sports betting market. Since its launch in January 2023, the industry has flourished, mirroring the state’s championship-winning teams like the Boston...
Nevada Sportsbooks See Decrease in Betting in April
If you want to learn how to start a sportsbook, make sure you also keep up with the latest in the sports betting industry. By knowing and understanding market behavior, trends, and more, you will know how to analyze your own sportsbook. This is very important in the...
New York Sportsbooks Collect $457 Million in Weekly Handle
If there is anything that will motivate you to grab your software sportsbook service and create a sportsbook, it would be the sports betting report from New York. The state’s sports betting market has boomed since online sports betting has legalized and is now one of...