by Michael Molter | Aug 13, 2019 2:32 pm | Revenue
Last football season, bettors in Nevada risked over $1.8 billion on football action. From that total, the sportsbooks were able to keep $129.7 million, or 7.2%. To reach a $2 billion handle, every month would need to see an increase of 11%. LAS VEGAS – Sports betting...
by Michael Molter | Aug 12, 2019 2:48 pm | Revenue
Twin River Worldwide Holdings has over $383 million in cash and cash equivalents at the time of reporting. To end July, the company executed their capital return program, funded from cash on hand. Purchasing more casinos about the country, Twin River is operations in...
by Christina Monroe | Aug 7, 2019 11:31 am | Sports Betting
The Scientific Games Corporation had assets exceeding $7 billion. Their total revenue for the year totaled over $3 billion. With their new OpenSports sports betting solution having launched in in 2019, their revenue is expected to go up. NEW YORK – The Las Vegas-based...
by Hasan Nabulsi | Aug 5, 2019 12:34 pm | Sports Betting
The Indiana Gaming Commission is expected to approve its proposed sports wagering regulations on August 28, 2019. Indiana sports betting law allows licensed casinos to begin sportsbook operations on September 1, 2019. Neighboring states Ohio and Michigan still have a...
by Michael Molter | Aug 5, 2019 11:53 am | Sports Betting
Sports bettors in the Biloxi region have wagered over $189 million since the launch of the industry. The Beau Rivage opened their newly renovated sportsbook on their one-year anniversary date. With the future addition of horse race betting, the Beau Rivage has...
