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Washington DC Sports Betting Market Down Year-Over-Year in October
Caesars Entertainment remained the leader in the Washington DC sports betting market. However, the sector declined in revenue and handle year-over-year in October. In October, Washington, DC gamblers wagered $16.4 million. This was 33.9 percent less than the $24.8 million earned in the corresponding month a year ago but 13.1 percent more than the $14.5 […]
How the Wire Act Stops Blockchain-Based Sports Betting
Blockchain-based sports betting is one of the fastest-growing industries worldwide. According to bookie pay per head experts, online sports wagering will reach $180 billion by 2030. Thus, it is unsurprising that blockchain-based companies ventured into the industry. Ireland, a country with a long history of sports gambling and a reputation as an industry leader, has […]
Ontario Online Gambling Outpacing Sports Betting
According to the latest reports, players in Ontario wagered a total of CA$14 billion in the year’s second quarter. Also, players placed around CA$11.6 billion on online casino games. Players wagered CA$2 billion on sports. Peer-to-peer poker contributed the remaining amount. Thus, Ontario online gambling is outpacing sports wagering. The latest report painted showed Ontario’s […]
Arkansas Mobile Sports Betting Impacts State Tax Revenue
Arkansas mobile sports betting launched in 2022, and the state collected around $3 million in taxes from mobile sportsbooks. Operators attributed most of their success last year to sports wagering. The state’s total sports betting handle in 2022 was $186 million. However, $122 million of that amount came from mobile sportsbooks. Since the start of […]
Is Artificial Intelligence the Biggest Threat to Bookie Businesses in the Future?
According to bookie pay per head reports, artificial intelligence is becoming a threat to bookie businesses. However, online sportsbooks became legal over time and provided players a safe and fun environment to place wagers. At any rate, there are still specific individuals that vibe reluctant about web-based betting for some reason. From one viewpoint, they […]
Factors to Consider When Investing in the Future of Sports Betting
Experienced investors know the different investment options available on the market. Most people choose low-risk investments, such as fixed-term bonds and bank deposits. However, you can diversify your portfolio by investing in the future of sports betting. As bookie pay per head experts indicated, sports wagering profit produced $576 million on a total handle of […]
Ohio Sports Betting to Launch By 2023
The Ohio sports betting market is waiting for the regulatory framework before the January 2023 deadline. Thus, you’ll likely see sports betting solutions in the state by 2023. On the other hand, daily fantasy sports have been legal in Ohio since 2018. Thus, you can choose to use DFS apps in the state while waiting […]
Pay Per Head Industry Celebrates Oregon Online Sports Betting Handle
The pay per head industry celebrates Oregon’s online sports betting handle for February. According to pay per head reports, the handle reached $39.5 million. It was 33.5 percent higher than in February 2021. However, it was 7.9 percent lower than the record of $42.9 million in January 2022. The Oregon Lottery, in organization with DraftKings, […]
Using Sportsbook Technology to Improve Bookie Business
The sports betting industry benefits from continuous technological advances. Using sportsbook technology is a massive part of the sports wagering industry. As a result, operators need to keep up with technological trends and developments. When you use a sportsbook pay per head solution, make sure that the provider updates its software regularly. That way, you […]
Nevada Sportsbook Operators Report First $1 Billion Month
Nevada sportsbook operators reported they handled $1.1 billion in wagers in October. It was the first time that the state’s sports betting industry got over $1 billion in bets for a month. Nevada achieved its previous record of $786 in September. According to sportsbook pay per head reports, the $1.1 billion handle increased 66.8 percent […]
