Regulated sports betting is turning into a huge hit for Colorado's regulated operators after just one full year of year legal play. According to reports released this week by the Colorado Division of Gaming, players dropped $2.3 billion in wagers in the Centennial State from May 1, 2020 to April 30, 2021. The state's astonishing…
The Nevada Gaming Control Board is opening up public comment on the idea of expanding the state's online gambling options to include online casino games. It's a move that's supported by the state's powerful gambling industry, but it's not something that the big casino operators have always been in favor of. It's also a move…
New York state lawmakers approved a new budget that includes a plan for limited mobile sports betting by 2022. It's a plan that could open up one of the largest sports betting markets in the country. It's also a plan that leaves plenty of unanswered questions such as how do tribal gaming interests fit into…
Will this year's NCAA Men's Basketball Tournament turn into the first legal $1 billion wagering event in US history? That's the prediction being made by analysts at PlayUSA.com. The emphasis in their prediction, however, is on the legal part of the equation. The company's bold prediction comes as more and more American states open their…
The United States is the current burning hot epicenter of the global sports betting market, but are American players ready for "disruption"? That's what the folks running Betthouse, a Las Vegas-based sports betting startup are aiming to find out as they strive to expand their footprint in the red-hot American market in Iowa and beyond.…
Betfred is entering a multi-year marketing deal with the Colorado Rockies baseball team that will, among other things, make the company's logo a part of the game day experience. It's the third such deal for Betfred in the state and another sign of the rapid normalization of regulated sports betting in the United States. The…
The State of Virginia, one of the newest additions to the rapidly growing US regulated sports betting market made a very impressive showing during its first eleven days of operation. The newly minted official sports betting market clocked in an impressive $60 million over the course of its first 10 days of operation. Regulated sports…
Is anyone who follows the gaming industry at all surprised that regulated sports betting is proving to be a big hit in, literally, every state where it's been adopted? Every month, multiple US States report record-breaking handles and revenue. That trend appears to be in full effect in Colorado, the Centennial State, where January 2020…
There's little question that the American gambling industry is going through an extremely rough as a result of the pandemic. Land-based casinos have been hobbled by closures and occupancy restrictions, though online sports betting is offering some badly needed revenue in states where casinos are operating at limited capacity. So what's the good news? According…
The US Court of Appeals for the First Circuit has issued a ruling upholding a 2011 interpretation of the Federal Wire Act of 1961 that limits the scope of the Act to sport betting only. It's a major decision that negates the dark legacy of a twice-impeached Florida man who pushed to expand the Act…
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