Player spending on sports betting in Colorado declined 2.2% year-on-year in March, although the US state was still able to report an increase in revenue.
Handle for the month amounted to $494.4m, which was down from $505.6m in March 2022 but 16.3% ahead of the $425.1m wagered in February of this year.
Consumers bet $489.9m online during the month, while the remaining $4.5m was wagered at land-based, retail sportsbooks in the state.
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Sports betting revenue and handle in Mississippi both increased month-on-month in March, while the US state also reported a year-on-year rise in revenue despite a dip in spending.
Handle in the month amounted to $46.7m, which was 2.5% lower than $47.9m in the same month in 2022 but 17.3% ahead of $39.8m in February of this year.
Turning to revenue, the state posted $5.0m for the month, up 22.0% year-on-year and also 61.3% higher than $3.1m in February.
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Consumers in New Hampshire spent a record $103.4m betting on sports in March, beating the previous monthly high set back in January 2022.
The monthly handle was 3.9% ahead of the existing record of $99.5m, as well as 31.2% up from $78.8m in March 2022 and 18.9% ahead of the $87.0m spent in February this year.
Players wagered $93.4m online as well as $10.0m at retail sportsbooks across the state.
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Kindred Group has expanded into the Washington State market by launching the first phase of its partnership with the Swinomish Tribe.
Under the agreement, Kindred will roll out a retail operation at the Swinomish Casino & Lodge, in line with a wider, six-year deal announced in October last year.
The first phase of the sportsbook launch covers Unibet branded kiosks and over-the-counter sports betting, with further developments to include a Unibet sports betting lounge, due to launch later this year.
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Pennsylvania set a new record in March after monthly gambling revenue surpassed $500.0m for the first time, while igaming revenue also reached an all-time high.
Revenue for the month reached $515.3m, up 11.4% from $462.7m in March 2022 and also 12.8% ahead of $456.8m in February of this year.
Retail slots accounted for almost half of all gambling revenue for March, with the $225.4m generated during the month being 5.0% ahead of the previous year. However, revenue from retail table games slipped 8.9% to $85.9m.
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Last week the World Series of Politics asked where all the regulatory wins were in the 2023 legislative session, and, around a day after it went live, Kentucky sports betting was signed into law.
As Brendan Bussmann says, gaming tends to be the last issue for lawmakers to consider in the session and this year is no different. Earlier in the session Kentucky looked like a “sleeper state”, Brandt Iden says, making it a great win for the session.
Kentucky sports betting’s passage was “a classic case of bipartisanship”, he adds, with the governor, Republicans and Democrats coming together to make it happen.
Missouri and North Carolina sports betting set for photo finish?
Next up is North Carolina, a state with tribal sports betting already live, where a bill to expand the market is working its way through the legislature.
Brendan is increasingly bullish on the Tar Heel State. He says attitudes on gaming are changing as more southern states look at legislation, with more efforts to..
Iowa’s sports betting revenue increased year-on-year in March, despite the US state posting a slight decline in monthly handle.
Player spending on sports wagering in March across online and retail amounted to $232.6m, down marginally from $233.5m in March 2022. However, this figure was 20.0% higher than the $193.9m bet by consumers in February this year.
Of this total, $209.0m was wagered with online sportsbooks, while the remaining $23.6m was spent at retail locations.
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Consumer spending on sports betting in Indiana fell year-on-year in March, although the state was able to report an increase in revenue.
Wagering handle for the month amounted to $433.0m, down 9.1% from $476.8m in March 2022 but 21.5% higher than $356.2m in February of this year.
Basketball remained by far the most popular sport among bettors, drawing $224.3m in total wagers for the month. Players also spent $71.7m on baseball betting, $1.6m on football and $71.7m on other sports, as well as $127.9m on parlay bets.
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Sports wagering revenue in Washington DC increased year-on-year during February despite a fall in player spending.
Gross gaming revenue for the month reached $1.2m, which was 62.0% ahead of $740,552 in the same month last year but 20.0% lower than $1.5m in January 2023.
DC’s sports betting handle in February amounted to $12.6m, down 34.0% from $19.1m in February 2022 and also 21.9% behind $18.5m in January of this year.
Gambet, operated by the DC Lottery and powered by Intralot, remained the frontrunner in the market with $626,273 in revenue from $5.7m in total wagers for the month.
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Players in Colorado spent a total of $425.1m betting on sports during February, a decline on the same month in the previous year and also down from January this year.
Betting handle for the month was 3.5% below the $440.5m wagered during February of last year and 22.3% lower than $547.2m in January 2023.
Of this total, $421.6m was wagered on sports online, with the remaining $3.5m attributed to betting at retail sportsbooks across Colorado.
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Revenue from sports betting in Rhode Island remained level year-on-year in February, while the state reported only a marginal increase in handle.
Wagering revenue for the month amounted to $3.6m, equalling the amount generated in the same month last year, but down 30.8% from $5.2m in January of this year.
Online betting accounted for $2.0m of revenue in February, while combined retail revenue from Twin River and Tiverton Casino reached $1.6m. Twin River retail revenue hit $1.9m, while Tiverton Casino posted $420,795 for the month.
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Rush Street Interactive (RSI) and the Connecticut Lottery Corporation (CLC) have announced a joint plan to wind down their online and in-person sports betting partnership in the state.
Under the arrangement, RSI will continue to operate sports betting in Connecticut on behalf of the CLC until a replacement is selected, with the CLC to issue a request for proposals in the coming days.
Wagers placed on PlaySugarHouse.com or at any of the nine Connecticut retail locations will remain valid and all wins will continue to be paid out appropriately, with RSI saying it will work with the CLC to minimise any disruptions to players or business partners.
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