Illinois press frames revenue as ‘gambler’s sports betting losses’
Summary: In an interesting word choice, the Daily Herald eschewed the word revenue, instead opting for the term gambler’s losses in an article detailing tax revenue generated from sports betting in Illinois. Why it matters: This framing is likely to elicit a more visceral reaction from the general public and could become a new buzzword/phrase […]
Online lottery has increased New Hampshire retail lottery sales
Summary: New Hampshire’s online lottery launched in September 2018, and in the ensuing years, the state has seen online and retail sales increase each and every year. Why it matters: The primary concern with online lottery is its impact on retail sales. The evidence thus far from online lottery states suggests online sales are either […]
Minnesota sports betting on the ropes
Legalized sports betting odds in Minnesota slim I KMSP FOX 9:51The chances that Minnesota legalizes sports betting is becoming even more slim as the legislative sessions winds down and differing opinions in the Senate and House.May. 20, 2022Uploaded by FOX 9 Minneapolis-St. Paul
Survey: 35% of Ontarians are weekly sports bettors
Summary: According to a survey from OntarioBets.com, 35% of Ontarians say they’re betting sports at least once per week, with a quarter of respondents betting multiple times per day. Why it matters: When it comes to brands, 18% of respondents preferred Bet365, with BetMGM coming in at 17%, followed by FanDuel at 11%, Caesars Sportsbook […]
Sportradar to capture more value from US live betting
Summary: Analysts at Jefferies have reduced Sportradar’s share price target but said the group is well positioned to increase its share of revenues from US in-play betting. Why it matters: Sportradar is one of the leading sports betting odds and data suppliers to online bookmakers.The comments from Jefferies reflect the current negative “sentiment on digital […]