DraftKings Sets Company High for New York Online Sports Betting…In August?

DraftKings set a company high in this past week, reporting its highest weekly handle total ever of $161.4 million and highest weekly revenue total of $25.1 million.

Let s repeat that reported $161.4 million in total handle and $25.1 million in revenue New York online sports betting during a random August week, even topping company totals for the last two Super Bowls weeks.

$161.4 million in online sports betting handle and $25.1 million in revenue in New York for the week ending Aug. 6.

Well alright than!

DraftKings Record Setting New York Week

It was the most successful week of New York online sports betting ever for DraftKings and the most profitable for New York since May. The New York State Gaming Commission releases handle and revenue reports for …

Alabama Committee Wades into Gambling and Sports Betting Bills

legislators took the next step with their expansive gambling plan yesterday as representatives held a public hearing on two bills that would legalize casinos, sports betting, and a lottery in the state.

The Alabama House Economic Development and Tourism Committee held a public hearing on HB 151 and 152, which elicited responses from nearly 20 speakers during the 90-minute meeting. Two representatives the bills last week.

If approved, legislators predicted Alabama could see an influx of more than $1.2 billion in new revenue annually.

Concerns Over Expanded Gaming

No official action was taken on the bills during the meeting.

Rep. Chris Blackshear (R-80) and Rep. Andy Whitt (R-6) introduced and last week. If approved, the bills will legalize up to sev…