Sportsbooks in Connecticut achieved record-breaking numbers for the second straight month in October. The state’s Department of Consumer Protection reported a handle of $229.5 million, exceeding September’s previous record by 7% and showing a 20.5% increase from the previous year. However, an increase in betting handle does not directly translate to great revenue. A higher […]
Tag: sports betting news
Tennessee Sports Betting Market Hits Historic Highs in October
The Tennessee sports betting market reached new heights in October 2024. According to the Sports Wagering Council (SWC), the state is seeing record-breaking figures across multiple metrics. The state’s bettors wagered a total of $551.2 million, resulting in an adjusted gross handle of $547.8 million after $3.4 million in adjustments. This performance represents a 5.2% […]
Colorado Sportsbooks Report Strong September Numbers
Colorado sportsbooks showed significant growth in betting activity in September, with the state reporting a total betting handle of $562.9 million. This marks a 9.7% increase in wagering compared to the previous year. The figure represents a substantial 51.1% jump from August, primarily attributed to the NFL season’s return. The state generated $55 million in […]
New Jersey Gambling Market Hauls Better Revenue in September
The New Jersey gambling market is one of the largest in the country. It is one of the first states to fully embrace both casino and sports betting. They were also the first to integrate online sports betting into their market. And the strong New Jersey sports betting market demonstrated its resilience in September, despite […]
Ohio Sportsbooks See 45% Year-on-Year Increase in Betting Handle
Ohio sportsbooks saw significant growth in activity this August, with combined online and retail operators reporting a handle of $548.7 million. This marks a 44.6% increase in monthly handle year-over-year. This surge came during a busy month featuring NFL preseason games, an early start to college football, and the Olympics. If you want to get […]
Connecticut Sportsbooks Enjoy Boost in Betting Numbers
Connecticut sportsbooks are enjoying the boost on sports betting activity in August. This is mostly due to baseball season heating up. Plus of course Olympics betting and some pre-season football action. The total handle for August grew by 6% compared to July, reaching $129.2 million. Connecticut’s sports betting operators generated $13.66 million in revenue from […]