The State of New York hit the nation-wide record as the total sports wagers placed through online operators totaled to more than $2 billion in October 2023. Such a handle also brought $166.3 million in revenues to mark the highest market level since the launch of online sports betting in the state in January 2022.$2.01 Billion in Player BetsNew York players reportedly wagered a total of $2.01billion using online platforms and ... Read more
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Italy’s Unlicensed Betting Market, A €18.5 Billion Conundrum
Black markets are very active in the online gambling scene. Several operators work without a license, which causes major problems for authorities.Significant research has been done, and the final report published by the Italian press La Gazzetta dello Sport has sent shockwaves throughout the Italian gambling industry. The report says that a staggering €18.50 billion is wagered on unapproved gambling websites annually in Italy. ... Read more