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...
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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...
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...
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...
MLB DFS Picks for April 12, 2024
There is nothing quite like Friday Night Baseball, especially with the MLB having 12 games on the slate today. There are quite a lot of good picks in the DFS pool. So keep an eye out for those players. For instance, you have the Athletics starting pitcher Paul...
Ontario Sports Betting and iGaming Industry Marks Two Years of Operations
In the latest gambling industry news, we are going further north to see how sports betting and online gambling is faring. In the US, there are 38 states that offer sports betting, while 7 states offer iGaming. Ontario, meanwhile, was the first province in Canada to go...