Analysis 173m6

Ohio bettors wagered a staggering $991.9 million in March 2025, making it the fourth-highest monthly handle in state history. Despite this massive volume, Ohio betting revenue reached just $66.5 million, as operators reported a win rate of only 6.70% - the second-lowest ever recorded in the Buckeye State. This isn’t an isolated case. Across the U.S., many sportsbooks experienced low win rates in March, particularly during the NCAA basketball tournaments.... 153ar

Even though most states don’t publish sports betting handle and revenue by sport, many studies have confirmed that March Madness is one of the most popular events among bettors. Before the tournament began, the American Gaming Association (AGA) estimated that Americans would legally wager around $3.1 billion. While full official numbers aren't yet available, early data from several states offers some interesting insights. "March Madness is one of the most...

Colorado’s sports betting industry had a historic January, setting multiple records. A staggering $657 million was wagered, making it the highest monthly handle ever recorded in the state. Not only did bettors place more wagers than ever, but sportsbooks also saw record-breaking revenue, and state tax contributions hit an all-time high. But what stood out the most? Despite the NFL playoffs being in full swing, Coloradans bet the most on...

In the NBA showdown, the Nuggets have historically dominated the Hawks, winning 7 of their last 10 encounters, making them a solid pick at home. Meanwhile, LA Galaxy's strong performance at Dignity Health Sports Park makes them favorites against the Red Bulls in the MLS Cup Fina. In the NFL, the Chiefs are favored against the Chargers, but with Kansas City's recent struggles to cover the spread, it could be...

This Saturday, basketball fans are in for a treat with a lineup of exciting NBA games. Let's dive into the matchups and see what each game has in store. Cleveland Cavaliers vs. Charlotte Hornets Kicking off the day, the Cleveland Cavaliers will face the Charlotte Hornets at 1:00 PM EST. The Cavaliers, known for their strong defensive plays, will look to capitalize on their home-court advantage. Meanwhile, the Hornets are...

In the NFL, the Kansas City Chiefs look to dominate a struggling Raiders team, while the NBA features a high-stakes clash between the Lakers and the Thunder, who sit atop the Western Conference. Soccer fans can anticipate the MLS Western Conference Final, where the LA Galaxy’s strong form will be tested against the Seattle Sounders. These games highlight some of the good bets worth considering this weekend. *Sports betting carries...

New Jersey sportsbooks furthered the July rout going on across the U.S., posting a 12.3% hold to claim $80 million in revenue

Louisiana sportsbooks continued taking it to the betting public, posting a double-digit hold for the eighth consecutive month in July

Massachusetts sportsbooks had a collective hold of 10.3% in July, sending year-over-year revenue up 40% to $42.2 million

DraftKings will no longer pursue plans to implement a surcharge on winning bets, reversing course less than two weeks after its announcement