Articles by Zach Wolpin (279)
On Tuesday, the Michigan Gaming Control Board reported that sportsbooks combined for a hold of over 10% in August. This was their fifth consecutive month with a double-digit hold. Their longest streak has a hold of at least 10% since sports wagering started in 2020. Of the $29.1 million in revenue last month, $27.4 million […]
In the United States, the Responsible Online Gaming Association (ROGA) is taking a major step toward promoting responsible gaming. Their newest initiative is aimed at the college demographic. ROGA plans to launch the National College Education Campaign by early 2025. The main objective of this program will be to provide essential information about responsible gaming […]
In August, the Kansas Lottery reported that $146.9 million was wagered, up 55.7% year-over-year. August is not a month that sportsbooks typically dominate. However, the MLB, NFL preseason, college football, and the Olympics all helped Kansas sportsbooks see increased action. Kansas has six online and four retail sports betting operators in the market. Together, they […]
While New Jersey saw increased sports betting action in August, they never came close to producing the same revenue from August 2023. The New Jersey Department of Gaming Enforcement reported $62.7 million in revenue. This was generated by casinos, racetracks, and online partners. Revenue was down 34.7% year-over-year. New Jersey operators are not shocked by […]
At the end of last week, HoldCrunch CEO Tom Johnson discussed Week 1 NFL betting prices with Barry Jonas of Truist. Johnson explained how DraftKings and FanDuel could change their sports betting odds and cover tax increases. However, this would all be happening as the two leading U.S. sportsbooks maintain “product superiority.” In a note […]
On Sunday, Fanatics hosted a ribbon-cutting ceremony to officially open their Ocean Casino Resort in Atlantic City, New Jersey. Since September 5, the sportsbook has been accepting wagers from The Gallery at Ocean Casino Resort. The star-studded event on Sunday was hosted by rapper and Entrepreneur, Jay-Z. He cut the ribbon at the events that […]
Last week, the Illinois Gaming Board (IGB) renewed Rivers Casino’s gaming license along with Hawthorne Race Course’s master sports wagering license. The IGB unanimously voted 4-0 in favor of the renewals that will run for another four years. Rivers Casino is licensed through August 2028 and Hawthorne in September of the same year. Of the […]
When the Falcons and Eagles play tonight on Monday Night Football, it will conclude Week 2 of the 2024 NFL season. As Week 2 is coming to a close, sportsbooks nationwide are starting to release their figures for Week 1. NY Sportsbooks Report Lower YoY Hold In Week 1 Per the New York Gaming Commission, […]
On Thursday, the Indiana Gaming Commission reported $32.1 million in adjusted gross sports betting revenue. That number was boosted due to adjustments of close to $2.7 million in the operators’ favor. Additionally, revenue increased 36.3% compared to their figures from August 2023. Indiana saw a 29.3% rise in their handle to $307.9 million. That helped […]
With the NFL and college football in full swing, the slower days of sports betting in the summer are in the rearview mirror. Now that football is dominating the market, sports betting figures are climbing again. Per the Iowa Racing and Gaming Commission (IRGC), Iowa sportsbooks in August saw $169.99 million in total handle. That […]