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On Wednesday, Chau continued to deny his involvement in promoting or operating online betting.
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Helping to grow revenue (and ad dollars) is the continued legalization of sportsbooks by states. Last month Massachusetts became the 36th state to legalize sports betting (Washington D.C. has also legalized it). Massachusetts joins Maine, Ohio, Nebraska, Kansas and Florida as states that have legalized gambling but has yet to enact any regulations.
In 2021, Pennsylvania took in $122.5 million in tax revenue from sports gambling, according to Gambling Insider, a gaming-industry publication. The same year, New Jersey¡¯s bottom line swelled by $100.2 million. In Pennsylvania, the overall sports handle ¡ª how much people bet ¡ª has risen from $194 million in September 2019 to $462 million in September 2020 to $578 million in September of last year, according to LegalSportsReport.com. It¡¯s almost certain this September will feature another increase.
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It¡¯s the middle of the third inning, and St. Louis Cardinals manager Oliver Marmol is about to make a stormy early-July Saturday afternoon a little gloomier for Kevin, a 27-year-old Allentown resident. Kevin is enjoying some food and a few beverages with his buddies at Barstool Sansom Street, a combination sports bar/club/branding opportunity that opened in March in Center City, and he¡¯s put 25 bucks on a three-leg parlay through his DraftKings sports gambling app.