Maryland retail sports betting handle declines in February
Summary: Maryland’s retail sportsbooks took $25.5 million in February bets, down 21.5% month-to-month against January. That total from the state’s five land-based sportsbooks came despite the presence of Super Bowl LVI, played on Feb. 13. Why it matters: Maryland could eventually host one of the most dynamic sports betting markets in the U.S., but the […]
DraftKings, FanDuel maintain Illinois domiance
Summary: Illinois’ record-setting January sports betting handle was driven by online wagers placed with DraftKings and FanDuel. Illinois’ top two online sportsbooks accounted for 65.4% of the state’s $829 million single-month mobile betting handle. Why it matters: DraftKings Sportsbook ($283.7 million handle, $17.8 million revenue) led Illinois in Janaury online handle. FanDuel Sportsbook ($259 million […]
New York online sports betting numbers show maturing market
Summary: New York reported $359.5 million in online sports betting handle for the week end March 6, the fourth week out of five where the state’s total was between $350 and $360 million; the lone exception during that stretch was the week of the Super Bowl, perennially the most-wagered upon sporting event in the U.S. […]
MLB deal opens up sportsbook ad opportunities for current players
Summary: The new agreement ending the MLB player lockout will also open new sportsbook advertising opportunities to current players, according to Evan Drellich of The Athletic. Why it matters: The NHL’s Connor McDavid and BetMGM signed North America’s first sports betting sponsorship between a current player and a legal sportsbook; this trend will likely follow […]
Boozell on potential for Illinois after in-person registration ends
On Illinois’ sports betting potential after in-person registration was lifted”The momentum of the last four months will serve sportsbooks well as the removal of the in-person registration requirement on March 5 moved Illinois sports betting into a new era. Sports betting has continued to gain popularity in the state, and with the reins lifted, Illinois […]