The Pennsylvania Gaming Control Board (PGCB) has reported a 23% decline in fantasy contests revenue for February, the vertical’s third consecutive month of decline. Total revenue for February fell to $1.6m (£1.2m/€1.4m), with DraftKings leading the market in the month.
The New Jersey Division of Gaming Enforcement (DGE) has reported a 25.6% year-on-year increase in gaming revenue in February, though the contributions from igaming and sports betting fell sequentially.
Paddy Power Betfair's FanDuel is to expand its sports betting services into Pennsylvania, with a sportsbook to open at Boyd Gaming's Valley Forge Casino Resort near Philadelphia later today (March 13).
The National Collegiate Athletics Association (NCAA) Division I Men's Basketball Tournament, commonly known as March Madness, is set to attract up to $12.1bn (£9.2bn/€10.7bn) in wagers, according to figures from H2 Gambling Capital.
German sports betting operator association the Deutsche Sportwettenverband (DSWV) has fired a broadside at the latest incarnation of the State Treaty on Gambling, dismissing the legislation as unfit for purpose.