Sports Betting Revenue Remains Strong Amid Nationwide Drop in Handles in June

Published by
Sports Illustrated

By Frankie Taddeo Sports betting revenue remains strong despite handles dipping in June. New York was the the only state with a $1 billion handle. While inflation and gas prices continue to negatively affect the lives of Americans, states around the country continue to report sizable revenue in sports betting. Although handles dipped across the board in June, bettors are still seeking investments on sporting events as an alternative to the declining values of 401K portfolios. June was highlighted by action involving MLB, the NBA Finals, NBA draft betting, the NHL Stanley Cup Final, UFC and the…

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