Nevada's statewide gaming revenue for February 2023 clocked in $1.24 billion. That's up 11 percent some February 2022 but, more importantly, it marks two straight years in which the state's gaming revenue has topped the $1 billion mark. The Silver State's casinos are absolutely on fire, and show no signs of slowing down anytime soon.…
It took a few tries, but Kentucky is now the 38th US State to legalize sports betting. This comes after Bluegrass State Senators approved HB 551 on a narrow 25-12 vote. Once the bill is signed by Kentucky Governor Andy Beshear (D), Kentuckyians will be legally wagering on sporting events as soon as the 28th…
The University of Colorado is ending its controversial relationship with PointsBet in the wake of a new American Gaming Association (AGA) code that bans sportsbooks from partnering with colleges and universities. CU's break with PointsBet is particularly significant as it was the first US university to enter into a sponsorship deal with a sports betting…
Is running a sportsbook that only focuses on micro-betting not all that it's cracked up to be? That seems to be the case at YouTube personality Jake Paul's micro-betting app Betr. Launched just two months ago as a trendy, youth-focused micro-betting platform, the company is pivoting its business model to include pre-game and in-game spread,…
Penn Entertainment’s Barstool Sportsbook is the latest regulated operator to learn that gaming regulators are getting very serious about "can't lose" marketing. This comes after the Massachusetts Gaming Commission took the company to task over a series of promotions featuring Barstool Sports employee/media personality Dan Katz (aka, The Big Cat). Katz is a Barstool Sports…
Lottery.com is a company that's been in turmoil for the past few months and all that chaos culminated this week when the Nasdaq Stock Market de-listed the company from its exchanges. The company's struggles leading up to the extinction-level event read like a business-focused Mexican tele novella with the unfortunate aspect of having a real…
If you feel like you've noticed a lot more sporting events involving YouTube celebrities and other non-professional athletes, you're not alone. The curious rise of "sportainment" is coinciding with a tidal wave of regulated sports betting to create a whole new, and very popular, segment of sport aimed at drawing in eyeballs, and wagers. Sportainment,…
When it comes to wagering, American players go absolutely crazy for March Madness. That's the conclusion of a recent press release from the American Gaming Association (AGA) regarding the NCAA Men’s Division I Basketball Tournament aka March Madness. According to the AGA's predictions, some 68 million Americans will wager a combined total of $16 billion…
Caesars Entertainment is stepping up its rewards program with a new partnership with Bakkt Holdings, the creator of a platform for buying and selling digital assets. The new partnership allows Caesar Rewards members to redeem their points through the Bakkt Crypto Rewards program. This creates a future where points earned spending lavishly at Caesars Palace…
FanDuel is enhancing its relationship with Major League Baseball (MLB) after signing a new deal designating the operator as a co-exclusive Official Sports Betting Partner of MLB. While the multi-year arrangement includes all the promotional bells and whistles commonly associated with such deals, it also includes a streaming arrangement that will likely bring plenty of…
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