Top stories around our network this week
One manner in which and its key numbers analyst, Chris Altruda, excel is in summing up and' providing context to the national sports betting picture with detailed information it would be hard to find anywhere else. One Altruda story this week reported on how a threshold of $250 million has now been cleared in the volume of legal U.S. sports betting since the PASPA decision of 2018 began opening up the activity across the country.
Chris followed that up with another story analyzing the legal sportsbooks’ collective holds across the legalized states, explaining how they achieved a 9.4% hold rate in the 12 months from July 2022-July 2023 that was more than 2 percentage points higher than in the prior year. That represents good news for operators, who have greatly benefited from increased parlay betting, even if it may be saddening bettors saddled with the losses.
Not confining himself to sports betting, Chris produced another story for our sister site, , detailing how online casino revenue in July collected by operators in the six states where it is allowed represented a 23% increase over July 2022. Whatever part of the industry he is covering, Chris is assembling and providing invaluable information tracking industry performance.
His reporting is but one piece the broad coverage provided by and our affiliated sites, as shown by the linked stories below from the past week. Also be sure to check out , including its weekly Double Down column and podcast.
Combo of 4-letter names has potential
PENN needs to use everything ESPN has to offer, industry analyst says
A ban that’s been hard to get behind
U.S. Rep. Tonko: Speedy passage of sports betting ad ban bill unlikely
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Another idea hurting for support
NCAA, conferences don’t plan to mandate college football injury reports
Facing the seamy side of bettors
Regulators, colleges try to tackle issues involving harassment of athletes
If you missed Bet Bash, you missed out
Schuetz: Meeting, greeting, betting, bashing
A chance to bet in person? Yes, no, maybe
Yahoo Sportsbook opens up at The Venetian Resort Las Vegas