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Pennsylvania sports betting suffers brutal February

Pennsylvania's regulated sports betting interests took a hit in February as sharp bettors and a slight handle put sportsbook revenue at anemic levels. All told, Pennsylvania sportsbooks took in $31.5 million worth of wagers in February, but cashed in revenue of just $1.95 million for the month. That's down about 1.6 percent over January's numbers,…

Ohio State Senate introduces sports betting bill

Sports betting's march through the United States of America continues this week as the Ohio State Senate introduced SB111, which would legalize the activity throughout the state. It's a bill that, if passed, would give the Buckeye State a very effective and progressive version of US sports betting. SB111 was introduced by Senators John Eklund…

New Jersey online gambling fails to post revenue record in February

New Jersey's experiment with regulated online gambling has been going so well recently that it's actually a newsworthy event when the state's operators fail to post record monthly revenue. That's what happened in February when Garden State operators not only failed to beat their own records for the month, they also failed to post an…

William Hill posts £722 million loss for 2018 but says everything is fine

UK bookmaking giant William Hill posted an astonishing £722 million ($948.5 million USD) loss in 2018, but company officials are writing off the losses and say everything is actually fine at the company. While this statement may seem counterintuitive to the layman, investors are largely accepting the situation, leaving William Hill stock prices largely unaffected…