Articles

Pennsylvania Sports Betting Handle Reaches $548.6 Million in December

December Numbers For PA The Pennsylvania numbers in December were quite impressive. This includes a total betting handle, or total amount wagered, of $548.6 million. On top of this, the total revenue made by sportsbooks was $45.3 million. While only $34.1 million was taxable revenue for the state, that still came out to a massive […]

Action 24/7 Can Temporarily Take Bets Again in Tennessee

As of March 26th, Action 24/7’s licenses for sports betting have been temporarily restored by a judge. According to a tweet by Tina Hodges, the CEO of Action 24/7, the court claimed: “… that Action247 has a likelihood of success on the merits that the action of the TEL[Tennessee Education Lottery] Board was erroneous or […]

Genius Sports Buys Second Spectrum for $200M

Genius Sports is a data and technology firm that closely works with sports leagues, sportsbooks, and sports media services. The company provides integrity resources and data management services. Its headquarters are in the United Kingdom; however, the stock (GENI) is traded on the New York Stock Exchange. Genius has recently acquired Second Spectrum for a […]

Montana State Sports Betting & Licensing Update

Montana Licenses Update The Montana State House and Senate legalized sports betting back in 2019, and the kinks are still being ironed out. While betting is live, licenses have been rather limited. The Montana Lottery is in charge of the regulations and licensing for the State’s new sports wagering initiative. For one reason or another, […]