NASCAR iRacing Tournament Approved For Betting In NJ And NV

eNascar

Gaming regulators in Nevada and New Jersey approved of a NASCAR iRacing tournament. The 2020 eNASCAR iRacing Pro Invitational Series will feature pro NASCAR drivers. Esports events need to be approved on a case by case basis. LAS VEGAS – The gaming commissions in both … Read more

What Happens To Sports Bettors Money If Sportsbooks Go Bankrupt

Bankrupt Sports Betting Sites

Sportsbooks have been accumulating losses in profits due to the Coronavirus and professional sports being suspended worldwide. Each operator protects the funds of their customers differently and sports bettors should know if their money is being protected if these businesses cannot make it through the … Read more

Esports Betting Continues To Rise During Coronavirus Pandemic

Esports

Sportsbooks are starting to take more action on esports matches. Nevada Gaming Control Board is approving pre-match odds on Counter-Strike: Global Offensive matches. Sportsbooks will struggle to survive the summer if sports do not resume regular play soon. LAS VEGAS – In a world where … Read more

How Will COVID-19 Affect Sports Betting Revenue And Taxes?

No Sports - No Sports Betting

Sportsbooks in the United States could lose $2 billion in handle and nearly $200 million in revenue as a result of the COVID-19 pandemic. Local and state governments project to lose over $24 million in tax collections off this lost revenue. Even once the sports … Read more

Coronavirus Causes Mass Basketball Tournament Cancellations

All NCAA Conference Tournaments Canceled

14 basketball conferences announced today that they would be canceling basketball championship tournaments, effective immediately. These cancellations included all power conferences: the ACC, Big 12, Big East, Big Ten, Pac-12 and SEC. Some conferences, including the SEC and Pac-12, have announced additional restrictions on athletic … Read more

New Data Confirms NV Mobile Sports Betting Lags Behind NJ

NJ vs NV

The Nevada Gaming Control Board added a mobile sports betting section to its January 2020 financial report. The report indicates that its mobile betting industry lags far behind that of New Jersey. Because of its superior mobile betting, New Jersey’s sports betting industry will likely … Read more

Golden Nugget, Scientific Games Expand Partnership Through 2024

Scientific Games - Golden Nugget

The Golden Nugget has expanded its iGaming offerings with an expansion using Scientific Games Corporation. Over 80% of sports betting in the Garden State is done through mobile platforms. The new partnership is open to adding new products and states on a rolling basis, covering … Read more

Sports Betting Lounges In NFL Stadiums, Welcomes Mobile Bettors

NFL To Allow Sports Betting Lounges

The NFL will allow sports betting lounges to open in stadiums. Only states that legalized sports betting will have betting lounges. Several states with NFL teams are considering to legalize sports betting in 2020. NEW YORK — The NFL has allowed for the opening of … Read more

Why Oddsmakers Are Betting On Sen. Sanders To Win Nevada

Las Vegas Votes

The Nevada caucuses take place on Saturday, February 22. About 70% of the Democratic voters live in the Las Vegas area. Senator Bernie Sanders is leading both in the polls and in online sportsbooks. LAS VEGAS – On Saturday, February 22, the Nevada caucus will … Read more

Bloomberg’s Election Odds At All-time High Before NV Debates

Mike Bloomberg

The Democratic candidates will have a debate in Las Vegas Wednesday night. Michael Bloomberg is a late entrant but his odds are surging at sportsbooks. The attention put on Bloomberg could actually be beneficial to Sen. Bernie Sanders’s odds. LAS VEGAS – A Democratic debate … Read more