Sportsbetting News

New Jersey Lawmakers Approve Bill Allowing Fixed-Odds Wagering on Horse Racing

Bill A4909 that legalizes fixed-odds wagering on horse racing in New Jersey has been approved by both houses and will now go to the desk of Governor Phil Murphy. Once the legislation is signed by the governor, Australian firm BetMakers could begin offering fixed odds betting on July 17th, the day that the $1,000,000 TVG.com Haskell Stakes takes place.

Mississippi Operators Post Sports Betting Handle of $36.1M for Month of May

The Mississippi Gaming Commission's latest monthly revenue report shows that the state's licensed sportsbooks posted a sports betting handle of $36,125,895.57 for the month of May. This represents an 8.9% % increase from April's handle of $32,917,836.38 but is still well short of January’s record-breaking handle of $67,707,627.70. 

Pennsylvania Sports Betting Handle Drops by 6.7% to $447.4M for Month of May

The latest monthly revenue report from the Pennsylvania Gaming Control Board shows that licensed sportsbooks in the state posted a sports betting handle of $447,465,027 for the month of May. This marks a 6.67% drop on April's handle of $479,411,021 while January's handle of $615,294,827 remains the highest handle of 2021. 

New Jersey Sports Betting Handle Climbs 8.1% to $814.2M for Month of May

According to the latest monthly revenue report released by the New Jersey Division of Gaming Enforcement, the state’s licensed retail and online sportsbooks posted a combined handle of $814,270,654 for the month of May. The latest figures mark an 8.1% jump on April’s handle of $748M.

Ohio Set for Legal Sports Betting in 2022 as Senate Passes Legislation

Following a last-minute overhaul of the legislation, Senators have voted by 30-2 to pass Senate Bill 176 that will see legal sports betting coming to Ohio in 2022. Once signed into law, the legislation will allow Ohio gamblers to place wagers on all sporting events both professional and collegiate.

Michigan Sports Betting Handle Drops to $257M for Month of May

The latest monthly revenue report from the Michigan Gaming Control Board reveals that the state's licensed sportsbooks posted a sports betting handle of $257,748,035.08 for the month of May falling well short of the state's record-breaking handle of $383,691,892 posted in March 2021. 

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