NCAA football payouts cost Colorado in September
iGB North America » Sports betting
by Richard Mulligan
8M ago
Colorado sportsbooks welcomed the return of the National Football League (NFL) in September, but NCAA football cost them dear. Handle in Colorado was up 14% year-on-year to $512.8m. The monthly sports betting spend surpassed the $306.1m wagered in August this year by 67%. However, gross gaming revenue (GGR) of $45.3m was down on the $51.3m generated in September 2022. This was due in the main to unfavourable results in NCAA football, which barely broke even after payouts to players. Sportsbooks were up around $4m from NCAA football during the same month last year. Total win percentage of 8.8 ..read more
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Nevada gambling revenue climbs to $1.27bn in September
iGB North America » Sports betting
by Rob Fletcher
8M ago
Gambling revenue in Nevada edged up 1.6% year-on-year to $1.27bn in September, despite a decline in slots revenue. Revenue for the month was marginally higher than $1.25bn in September 2022. The total was also 5.0% ahead of $1.21bn in Nevada in August of this year. Slots were again the primary source of revenue in Nevada, generating $814.6m during the month of September. However, this was 5.1% less than in the same month last year. Multi-denomination slots were the game of choice for consumers, drawing $473.9m worth of revenue, up 5.7%. Penny slots collected $249.0m, which was 16.8% lower than ..read more
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Detroit casino revenue slips to $101.6m in September
iGB North America » Sports betting
by Rob Fletcher
8M ago
The three commercial casinos in Detroit, Michigan posted $101.6m in revenue in September, down from the same month last year and lower than August’s total. Monthly aggregate revenue in Detroit was 1.7% lower than $103.4m September of 2022. It was also 3.2% behind $104.9m in August of this year. Of this total, some $100.0m came from table games and slots, a 0.8% decline from last year and down 4.4% from August. Retail qualified adjusted gross receipts in September amounted to $1.6m. This was 39.4% less than the previous year but 396.6% ahead of just $322,186 in August this year. Betting handle ..read more
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Rhode Island sports betting handle hits six-month high in September
iGB North America » Sports betting
by Rob Fletcher
8M ago
Players in Rhode Island spent $37.6m betting on sports in September, the highest monthly total since March but lower than last year. The figure is 9.8% less than the $41.7m spent in Rhode Island in September 2022. However, it is 67.1% more than $22.5m in August this year and the highest total for six months. Of this total, $28.7m was spent betting online and $9.0m at retail sportsbooks. Land-based wagers were placed at physical facilities at Twin River and Tiverton Casino. Twin River took $5.7m in bets and Tiverton Casino $3.2m. September sports betting revenue reaches $3.5m Revenue from sport ..read more
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Louisiana sportsbooks take record $43.1m in revenue during September
iGB North America » Sports betting
by Rob Fletcher
8M ago
Sports betting revenue in Louisiana reached an all-time high of $43.1m in September, while the state fell just short of its monthly handle record. Combined online and retail gross revenue was 37.7% ahead of $31.3m in September of last year. The figure also comfortably surpassed the previous Louisiana record of $37.2m set in December 2022. Of this total, $36.0m came from online betting and $5.7m retail wagering in Louisiana. In terms of adjusted revenue, which discounted promotional betting, revenue was $41.8m. This was 34.0% ahead of September 2022. Louisiana September handle narrowly misses r ..read more
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New Hampshire sports betting handle dips year-on-year in September
iGB North America » Sports betting
by Rob Fletcher
8M ago
Consumer spending on sports wagering in New Hampshire declined 14.6% year-on-year in September, while revenue in the state also fell. Handle in New Hampshire hit $66.8m in September. This was down from $78.2m in the same month last year but 72.2% higher than $38.8m in August 2023. Online betting accounted for $59.2m of all sports betting spend during the month. Retail’s share amounted to $7.7m. DraftKings is the only operator that offers online sports betting in New Hampshire having secured exclusive rights in November 2019. September revenue in New Hampshire tops $6.2m Turning to revenue ..read more
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Arizona sports betting spend surpasses $358m in August
iGB North America » Sports betting
by Rob Fletcher
8M ago
Consumers in Arizona spent more than $358.0m betting on sports in August, while operators in the state posted more than $30.0m in total revenue. Total spend in Arizona amounted to $358.9m. This was marginally lower than the $361.0m bet in August 2022 but 11.1% ahead of $323.2m in July this year. Bettors wagered $354.6m betting on sports online and a further $3.4m at retail locations across the state. Player winnings stood at $327.2m, resulting in $30.9m in adjusted gross event wagering receipts before free bets. The latter is 10.7% lower than in August last year and includes $30.2m from online ..read more
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Michigan: online casino jump offsets sports betting dip in September
iGB North America » Sports betting
by Rob Fletcher
8M ago
Online gambling revenue in Michigan increased year-on-year during September, with growth in internet casino offsetting a decline in the sports betting segment. Gross internet gaming and sports betting receipts from commercial and tribal operators hit $210.4m in September. This is 19.2% higher than $176.5m in Michigan last year and also 20.0% ahead of $175.4m in August this year. Online casino remains the primary source of igaming revenue in Michigan. Gross receipts in this segment amounted to $166.4m, up 29.3% on last year. In contrast, sports betting gross receipts slipped 8.0% to $44.0m for ..read more
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Superbook Sports launches online sportsbook in Virginia
iGB North America » Sports betting
by Rob Fletcher
8M ago
Las Vegas-based sports wagering business SuperBook Sports has announced the launch of its online sportsbook product in Virginia. Players in Virginia can download the SuperBook Sports app and place bets on a wide range of sports and competitions. The app is accompanied by a SuperBook Sports website. Betting options include major US sports contests such as the NFL, NBA, MLB and NHL. Users can also bet on college sports and other leading events from around the world including soccer’s English Premier League. “We couldn’t be happier with our continued growth,” SuperBook Sports CEO and managing par ..read more
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Washington DC: Caesars retains sports betting top spot in September
iGB North America » Sports betting
by Rob Fletcher
8M ago
Caesars Entertainment remained the leader in the Washington DC sports betting sector in September, while it was revealed revenue and handle in the market fell year-on-year. Spending on sports betting in September amounted to $14.5m, down 25.3% from $19.4m wagered in Washington DC last year. However, this total was 79.0% ahead of $8.1m in August of this year. In terms of gross gaming revenue, this reached $1.9m. Revenue was 47.2% down from the same month last year but 90.0% ahead of August 2023’s total. Caesars leads over Gambet in Washington DC Having taken the lead in Washington DC in August ..read more
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