by Michael Molter | Jun 21, 2019 1:52 pm | Sports Betting
• Bet.Works is based out of Las Vegas and was founded in 2018. • Jay Rood served as the Vice President of Race and Sports of MGM Resorts. • The company expects to enter into every legal sports betting state market in the upcoming years. LAS VEGAS – Another...
by Hasan Nabulsi | Jun 20, 2019 4:24 pm | Sports Betting
NBA Commissioner Adam Silver expressed interest in sports gambling since before the federal ban known as PASPA was repealed. Virtual sports gambling on simulated games is already available in Europe. Virtual horse race betting is legal in multiple U.S. States. NEW...
by Michael Molter | Jun 3, 2019 4:05 pm | Revenue
Nevada sportsbooks were able to keep $21.66 million in revenue for the month of April. Roughly $328 million was wagered in April, where baseball and basketball betting accounted for 80% of that total. The sports betting revenue in Nevada for April was down 33% from...
by Michael Molter | Jun 3, 2019 12:38 pm | Sports Betting
Teams with homecourt advantage are 29-13 since the 1977 NBA merger. Those teams only when 39% of the time if the first game spread is within 6 points. The sportsbooks in Nevada and New Jersey would take a loss with multiple early futures bets on the Raptors. LAS VEGAS...
by Hasan Nabulsi | May 28, 2019 11:10 am | Sports Betting
The first sportsbook in New Jersey was launched in June of 2018. Nevada and New Jersey combined to account for 88% of the nation’s total handle in March. Online sports betting in New Jersey accounts for about 80% of all wagers made in the state. ATLANTIC CITY, N.J. –...
