The good times continue to roll for Nevada gaming operators who reported a record $14.8 billion in revenue for 2022. That's up slightly more than 10 percent over 2021's $13.4 billion haul, which set the previous record for annual gaming revenue. It's a sweet ride, but can it last? December's gaming revenue put a bow…
A recent meeting of the New York Senate Racing, Wagering, and Casino Committee turned into a gripefest by big-time operators like DraftKings and FanDuel. The operators strayed from the meeting's agenda with extended complaints about the state's sky-high 51 percent tax, and threatened to take out their feelings on consumers with threats of increased juice.…
Executives at the Las Vegas Sands (LVS) see a potential expansion into the recently opened New York gambling market as a game-changing opportunity. LVS Chairman and CEO Rob Goldstein recently talked at some length about the company's efforts to secure a coveted New York gaming license and its plans for the site that now houses…
Lawmakers in Nebraska are readying a bill that would allow state residents to wager on the home team in games that are played in-state. It's a measure that would close an odd loophole in the state's recently opened regulated sports betting market, and will likely be a boon to a fund that provides scholarships to…
Gaming revenue in the state of Nevada is on track for a record-breaking year, despite the damage inflicted last month by sports betting raconteur Mattress Mack. Nevada's gaming revenue for the month of November totaled just over $1.2 billion, which was down from November 2021, but still very healthy. While November's numbers were hardly bad,…
In the wake of regulated sports betting in the United States, branded sportsbooks offer legacy media organizations a juicy opportunity to develop new revenue streams. Sports Illustrated has executed this model with some success but what about ESPN? ESPN is, arguably, the most influential sports media voice in the world and its name on a…
A Texas lawmaker is pushing forward legislation that would put an end to a growing segment of "private" poker clubs, that are not exactly private. Under current Texas law, anyone can host a perfectly legal poker so long as the game takes place in a private establishment, there is a level playing field, and the…
The US gaming industry had its highest earning quarter to date in Q3 2022. That marks the second time this year that the business has broken its own revenue record and the future looks just as good, or better, for US-facing operators. All told, US operators took in an astonishing $15.17 billion in revenue for…
2022 is a truly miserable year in many places throughout the world, but the casinos of Nevada are having a much better time than most. Nevada's gaming industry hauled in $1.25 billion in revenue to make September 2022 one of the best months in a year full of record-shattering casino revenue hauls. According to the…
Operating a successful sportsbook is not as easy as it sounds. Just ask the folks at FuboTV, which announced this week that it is shuttering its sports betting operations after an internal review found it to be simply not viable. Operating under the names Fubo Gaming and Fubo Sportsbook, the company's gambling operations were closed…
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