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Record-Breaking Sports Betting in Indiana Despite Lower Profits

Sports betting in Indiana shattered its betting records in October as residents placed $537.9 million in bets, surpassing the previous high of the $513.7 million handle set back in November 2023. This 25.2% year-over-year increase marks the fifth time the...

Sports Betting in The US Thrives as Football Season Begins

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...

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...

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...

WPT Global Announces WPT Global Spring Festival Event

If you want to win big in poker, you need to start learning how to play poker. Then, you need to start practicing to compete, as you can join events like the WPT Spring Festival and share in with the $7 million prize pool. Here are the details of the upcoming WPT...

Arkansas Casino Industry Takes Unique Approach to Legalize Online Gambling

Six years ago, Arkansas legalized the expansion of gambling in the state. Aside from adding brick-and-mortar casinos, they also allowed both retail and online sports betting. Online poker was also allowed. However, the law is quite vague when it comes to online casino...

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The NFL is Considering Asking for Pay Cuts from Players

The NFL is Considering Asking for Pay Cuts from Players

The coronavirus pandemic is changing the way sports will be conducted in the coming years. One of the biggest changes, and one that has the biggest impact on revenue, is that fans will not be allowed to watch live. With no revenue from ticket sales, sports leagues are trying to think of ways to recoup possible losses. And the latest talks in gambling industry news circles, is how the NFL is considering asking for pay cuts. More importantly, many are asking how this can possibly affect the rosters of their favorite NFL teams.

NFL Holds the First Online Draft

NFL Holds the First Online Draft

The NFL holds the first online draft – and it was quite a success. With the coronavirus shutting down the top sports leagues across the world, bookie PPH sportsbooks were running out of wagering options to offer. Sports leagues each try to find ways to operate despite...