The New Jersey sports betting and online casino industries closed out 2020 with their best month to date. Online casino revenue reached a new all-time high of $99.5 million in December. That tally has the state flirting with $100 million months heading into 2021, which is astounding considering the industry generated $123 million in all…
There’s no shortage of data to parse when it comes to the burgeoning legal sports betting markets in the US. Everyone has their vision of what a thriving market should look like, and with so much data on hand, it’s easy to look for datasets that back up your opinions.
After another record-setting month, the industry is running out of superlatives to describe the New Jersey sports betting and online gambling markets. But at the same time, there’s a creeping suspicion that the unbridled growth will jumpstart the same responsible gaming conversations that are taking place in Europe.
November was another solid month for the Indiana sports betting market. November marks the third consecutive month Indiana set a new record for sports betting wagers, surpassing $250 million for the first time. It was also the third straight month where the state’s legal sportsbooks set a new revenue record, as total sports betting revenue…
The US casino industry generated some eye-popping revenue numbers in 2019. According to data released by the American Gaming Association (AGA) and the National Indian Gaming Commission (NIGC), the commercial and tribal casino industries generated $43.6 billion and $34.6 billion, respectively.
Pennsylvania casinos have reopened, and despite coronavirus restrictions and continued public caution, the state’s brick and mortar facilities generated over $200 million in July, according to the latest revenue report from the Pennsylvania Gaming Control Board.
July was a big month for the New Jersey online gambling industry. Its land-based properties reopened, yet its online casinos still managed to set a new revenue record.
With many sports on hiatus during the coronavirus pandemic, bettors have returned to a recreation of old, horse racing—the so-called Sport of Kings. Horse racing was a casualty of the COVID-19 shutdowns, but racing was able to return to action much quicker than most other sports, evidenced by the July numbers.
The Pennsylvania Lottery released its annual report (for the fiscal year 2019-2020) earlier this month. The topline numbers show a near 5% decrease in retail sales, but that drop-off comes with a giant asterisk: the coronavirus shutdown. Nor does it factor in the state’s growing online lottery sales.
Despite the lack of sporting events to wager on, the fledgling Colorado sports betting industry has managed to produce strong numbers during its first two months.
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