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....
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...
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......
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....
NBC Sports Chicago and NBC Sports Philadelphia are partnering with online bookmaker PointsBet to present “BetCast". BetCast is an alternate live game coverage that merges traditional sports play-by-play with a sports-betting experience....
Rhode Island mobile sports betting handle set a state record in January, but casino revenue was down by double-digits percentages for both video lottery terminals (VLTs) and table games....