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,...
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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...
Sportsbooks in Michigan Set a New Betting Record in December
In the latest gambling news from the best source of iGaming updates, iGamblingNow.com, we bring you another state that sets a new monthly betting handle, a great end to the previous year. Sportsbooks in Michigan all look forward to reading reports with nothing but...
Sportsbooks in Arizona Report Continuous Growth in Sports Betting Market
In the latest news in the sports betting industry, we are taking a look at the Arizona sports betting market as sportsbooks in Arizona report growth in the betting market. According to the Arizona Department of Gaming, the total sports betting handle in the state is...
New York Sportsbooks See Second-Highest Weekly Handle Record
In the latest gambling industry news, we yet again take a look at one of the largest sports betting markets in the country- New York. According to the latest report from the New York Gaming Commission, New York sportsbooks took in $529.5 million in the week ending...
Supreme Court Denies Stay Request in Florida Sports Betting Case
If you have been keeping track of the development of Florida sports betting and all of the legal issues, then you either have a headache, or are about to get one. While betting software development companies are out with the latest innovations to offer the sports...