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...
US Gambling Industry Extends Quarterly Revenue Streak
In the first quarter of 2024, the US Gambling industry recorded $17.67 billion. This is the 13th straight month that the country has beat its previous record in gambling revenue. This includes all US retail casinos, sportsbooks, as well as online casinos and online...
Pennsylvania Gambling Market Sets Revenue Record
In the latest gambling news, the Pennsylvania Gambling Market shows us just how profitable it will be if you learn how to open an online casino and go live. Casinos in the state record a new monthly record in revenue at $554.6 million. The record month for iGaming in...
Gaming Industry Sets New Record with $5.6 Billion February Revenue
In the latest gambling industry news, the gaming industry has hit a new record, raking in a staggering $5.61 billion in revenue in the month of February. This impressive revenue comes from traditional casino games, sports betting, and iGaming. In fact, all of these...