New of the death of New Jersey's red-hot sports betting market due to competition from nearby New York, turned out to be very premature. Thanks to some quirks in the calendar, NJ operators had their best month ever in January, collecting a record $1.35 billion worth of sports bets for the month. Gaming industry observers…
2021 was the best year ever to run a regulated US gambling operation. According to the American Gaming Association's (AGA) Commercial Gaming Revenue Tracker, US-facing operators took in a record $53 billion worth of revenue for the year. Last year's massive number goes a long way towards blacking out the grim results of Covid closures…
When the State of New Jersey moved to overturn The Professional and Amateur Sports Protection Act of 1992 (PAPSA) in 2009, part of the idea was that regulated sports betting would help lift other sectors of the gaming business that were on life support. Now, 13 years later, that exact dynamic is playing out in…
The ravages of lockdown appear to be in the rear view mirror for MGM Resorts after the company reported an eye-popping 87.5 percent revenue jump over 2020. But that huge number was just one of a constellation of good news MGM Resorts reported to investors late last week. Practically every division of MGM Resorts saw…
FanDuel added another outpost to its growing US sports betting empire with the opening of their new Suquamish Clearwater Casino Resort sportbook. The new Washington State sportsbook features three live betting windows, 12 betting kiosks, and is ready to start taking Super Bowl wagers.[/caption] The rapidly growing sports betting operator celebrated the opening of the…
When the Cincinnati Bengals and Los Angeles Rams take the field at Super Bowl LVI on Sunday, they'll be playing in front of more Americans with access to regulated sports betting than any two football teams in history. Those newly legal sports bettors will, according to a recent report from the American Gaming Association (AGA)…
Hungarian lawmakers recently introduced a bill that would break up the state's sports betting monopoly and open the country's gambling market to outside competition. It's a move that's been deployed by many other European Union nations and it's sort of surprising it's taken Hungary so long to join the party. The bill outlines a new…
Employees of the Treasure Island Hotel and Casino and Nevada Gaming Control Board (NGCB) agents went the extra mile recently to track down a slots player who inadvertently walked away from a $229,000 jackpot. The lucky player was found, and received a nice lesson about the value of regulated gambling along the way. According to…
Caesars Sportsbook is looking to cement its place in the red-hot US sports betting market with series of star-studded ads hyping the operator's prop bets. It's a brand-building exercise that could pay off for the iconic brand with legions of new, and loyal, customers. With sports betting newly legal to a wide swath of the…
Sports betting-obsessed Americans could shatter all existing records as they pour cash on legal Super Bowl LXI wagers. Analysts at PlayUSA.com estimate that regulated American sportsbooks could take in over $1 billion in wagers for the big game when it drops on February 15. The Super Bowl has always been the most wagered-on sporting event…
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