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Tennessee Sees First Month of Declining Handle in February

Tennessee sports betting recorded its lowest handle in February since the industry’s launch amid controversy surrounding one of its operators, Tennessee Action 24. According to the report released Friday by Tennessee Education Lottery (TEL), the Volunteer State’s sportsbooks took in $176.3 million last month, representing a 16.6% decline from January’s …

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Manchester, NH

New Hampshire Sports Betting Handle, Revenue Drop in February

New Hampshire suffered from February’s effect that brought down monthly handles of almost every state with legal sports betting, witnessing an almost 15% decline in total sports betting handle month-over-month. In January, Granite State’s sportsbooks took in $59.8 million worth of bets, allowing the operators to churn out $4.19 million …

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Indiana Hoosiers helmets

Indiana Sports Betting Streak Ends as February’s Handle Dips 21%

February has ended Indiana sports betting‘s five-month streak of record-setting handles, nosediving 21.4% to $273.9 million for the month. The Hoosier State saw the biggest month in January, which brought $348.2 million in sports betting handle. That being said, the year-over-year comparison proves February 2021 did not do too badly …

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Chicago skyline

Illinois Sports Betting Handle Touches New Heights in January

Illinois sports betting has continued its monthly record-setting tradition to 2021, with January bringing more than $581 million in handle, representing an 18.3% increase from December’s $491.7 million. Of January’s $581.5 million, more than $575 million came through mobile sports betting. The Prairie State’s sportsbooks also generated a record-setting $49.4 …

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Football players waving WV state flag

West Virginia Sports Betting Handle Dips in February

Defying the general trend in the US, sports betting handle saw a decline in West Virginia, which reported $38.2 million for the month of February. The number represents a 24.6% decrease from January that brought $50.7 million in handle. The almost 25% dip month-over-month reflects both in retail and mobile …

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Des Moines

Iowa Sports Betting Handle Sets New Milestones in February

Iowa sports betting has posted a decent total of $143.62 million for February, representing a 4% dip from an all-time high in January. Like sports betting handle, revenue also saw a dip at $7.71 million, down 32% from January’s $11.34 million. Similarly, the proportional decline in the state’s tax collections …

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Richmond, Virginia

Virginia Sports Betting: First 11 Days Bring $59M in Handle

The future of Virginia sports betting looks bright future following the preliminary report of its online sports betting market that was released by the Virginia Lottery on Monday. The report revealed that in the first 11 days of operation since the industry’s launch on January 21, the state amassed $58.9 …

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Rhode Island sign

Rhode Island Sports Betting Posts Another Record Handle in January

Rhode Island sports betting touched new heights in January with a record handle of nearly $40 million, a 74.9% increase from December’s $22.8 million in monthly wagers. Total revenue generated from those bets was $3.7 million, up from what the Ocean State extracted in December 2020 and $400,000 more than …

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Tennessee state flag

Tennessee Becomes Quickest in the US to Get $200M Sports Betting Month

The Tennessee sports betting market has become the quickest state in the US to top $200 million in handle in its third month. Tennessee was the first online-only sports betting market when it launched on November 1, 2020. According to the official figures, the Volunteer State’s three-month handle has swelled …

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Colorado mountains

Colorado Sports Betting Shatters Handle Record With $326M in January

Following the general trend, Colorado sports betting posted its highest monthly handle in January since its launch in May 2020. The January handle of $326.9 million outshone the previous record total when the Centennial State’s bettors wagered $284.6 million in December 2020. This puts January’s almost 15% higher than the …

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