Net revenues for MGM Resorts have increased to $3.2 billion. The EBITDAR for the company has seen a decrease from Q3 to Q4. MGM expects growth in 2020 thanks to more states legalizing sports betting. LAS VEGAS – MGM Resorts have released their Q4 revenue reports … Read more
Eldorado Resorts is undergoing a $17.3 billion takeover of Caesars Entertainment. The Pennsylvania Gaming Control Board approved the acquisition. The takeover will give Eldorado Resorts access to states with legal sports betting. HARRISBURG, Pa. – The Pennsylvania Gaming Control Board (PGCB) approved Eldorado Resorts acquiring … Read more
Biloxi sportsbooks are looking forward to the surplus of Super Bowl LIV bettors this weekend. Beau Rivage Resort & Casino is expected to be home to locals and tourists alike as they are located just at the edge of the borders of multiple states. Being … Read more
Sports bettors in Louisiana will not have legalized sports betting for Super Bowl 54. Advocates for legalization hope that the 2020 House session will be the year that wagering on sports is approved to receive Governor John Bel Edwards’ signature. Waiting for a 2021 session … Read more
Roughly $22.5 million is projected to be contributed to the state from legal Kentucky sports betting. Comparing the betting market to Mississippi, this could be a vast overestimation. Some believe that the state would only take in around $3 million from football and basketball betting. … Read more
H.R. 5502 would remove federal barriers for tribal casino owners to provide online sports betting within their state. Tribal casinos in several states such as New York and Mississippi now offer land-based sportsbooks, but not online sports betting apps. The Indian Gaming Regulatory Act (IGRA) … Read more
Mississippi sportsbooks set new monthly records in terms of the betting handle and revenue for October 2019. The revenue generated in October from Mississippi sportsbooks equals a third of all revenue collected in 2019 for the state. No state has seen sports bettors continue to … Read more
International Game Technology (IGT) and its PlaySports product have made its way to Oregon. The Mill Casino has chosen PlaySports as its provider for all of their facility’s sports betting needs. Self-service kiosks will make up the bulk of how customers will be able to … Read more
Every state with legal sports betting taxes their sportsbooks’ revenue at a percentage ranging from 6.75% – 51%. While the majority of states only send tax contributions to their statehouse, others give to the cities or counties that host the books. Sports betting revenue and … Read more
Only six states were operating licensed sportsbooks during the 2018 World Series. Now, there are 13 states that are offering World Series betting lines to sports bettors. The sportsbooks expect their lounges to fill up with sports bettors due to increased fan engagement. HOUSTON – … Read more
Mississippi sportsbooks have collected over $215 million in wagers since the start of the year. September was the second-most profitable month for the sportsbooks in Mississippi. Nearly $2 million has been sent to the state in sports betting taxes year-to-date. BILOXI, Miss. – The sports … Read more
The G2E Summit had many new and exciting elements being brought to the table for gamblers from all over to view at the event. Introductions of various new innovations were seen by all those that were in attendance. The most notable was a new sports … Read more