January Falls Just Shy of $10B U.S. Sports Betting Handle; Will March Top It?
For January, the US total sports betting handle was about $9.82 billion, eclipsing the old mark of $7.54 billion set in October 2021, by about 30%....
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USBettingReport.com cover the latest from the U.S. sports betting industry. Read about regulatory developments in each state, news about online betting website as well land-based sportbooks, as well as promotions and other, relevant industry updates.
New York Sports Betting Numbers for the Week Show Less Madness
by Lou Monaco
New York sports betting revenues surged forward on the back of March Madness basketball betting. Action should rise for the Final Four....
Nevada February Sports Betting Handle Ends $1 Billion Streak
by Bill Ordine
Nevada saw a four-month streak of $1 billion in sports betting handle broken in February as the state’s bookmakers handled about $780.8 million in wagers....
Featured March Madness Means Big Dollars in New York and the US
by Lou Monaco
New York Is a lock to have another month with a sports betting handle in excess of $1 billion....
Featured New Hampshire Sports Betting Revenue Drops Severely in Feb
by Jim Tomlin
New Hampshire’s sports betting revenue fell sharply in February after setting records in January. The state’s plummet in gross gaming revenue (GGR) for the month followed a trend around the nation....
Michigan & Pennsylvania Negative Sports Betting Revenue
by Bill Ordine
Michigan sports betting suffered negative gross gaming revenue in February, coming in at minus $4.8 million. ...
Commentary: Big 2021 Sports Betting Numbers Only Tell Part of the Story
by Bill Ordine
The world is still waiting for a major online sports betting venture in the U.S. to report any sizable profit. DraftKings, which is traded on the NASDAQ and is one of the most prominent sports betting operators in the U.S., reported a loss of more than $1.5 billion is 2021. It was more than $1.2...
Featured December Figures Cap Off Historic Year US Sports Betting Industry
The final month of 2021 capped off a historic year for the American sports betting revenues, with more than $7.3 billion in wagers placed across the country. The December total represented a 0.7% decrease from the $7.402 billion in wagers placed during November, though the biggest drop was in the......
Featured AGA Survey: March Madness Betting in US Shifting From Bracket Pools
by Bill Ordine
The proliferation of legal, regulated sports betting in the U.S. is creating a shift in betting behaviors for March Madness, according to a survey conducted by the American Gaming Association, the gaming industry’s trade group....
Featured Rules for Betting on March Madness Vary State to State
by Lou Monaco
March Madness is a great opportunity to start betting on College Sports. But some states restrict your betting....