Caesars currently operates legal sportsbooks in four states across the U.S. Eldorado also offers four sports betting facilities in four U.S. states, including Tropicana Resorts in Atlantic City. Both companies have strategic sports betting partnerships which include companies such as ESPN, the NFL, Turner Broadcasting, … Read more
• 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. … Read more
NBA Commissioner Adam Silver expressed interest in sports gambling since before the federal ban known as PASPA was repealed.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 YORK – The NBA … Read more
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 … Read more
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 … Read more
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. … Read more
Online betting could give Pennsylvania the biggest sports wagering market in the US. Even if the state doesn’t challenge Nevada for total handle, PA should generate more sports betting tax revenue. HARRISBURG, Pa. – With online betting launching in the Keystone State, Pennsylvania could become … Read more
Over $3 billion has been bet on sports throughout the first quarter of 2019. New Jersey has brought in $2 million more than Nevada in tax contributions from sports betting. FanDuel and DraftKings have brought in 48% of sports betting revenue in NJ. Tallahassee, Fla. … Read more
Derek Stevens will launch his new sportsbooks named Circa Sports. The first location will open on June 1 and then another in late June. Stevens wants his sportsbooks to be the Mecca of sports betting. LAS VEGAS – The Nevada Gaming Commission has approved of … Read more
OpenSports aims to simplify and streamline both sides of the US sports betting industry. Scientific Games will roll out OpenSports with their US-based partners. The OpenSports initiative will also improve SG’s overseas sports gambling products. LAS VEGAS – The global leader in electronic and interactive … Read more
Nevada sportsbooks saw almost $500 million in basketball wagers for March. Over $35 million was kept as revenue for the sportsbooks from basketball alone. Since the start of the year, over $5 million has been taxed to the Nevada government. LAS VEGAS – The Nevada … Read more
Basketball accounted for over 50% of Nevada sportsbook’s revenue for February Super Bowl wagering, though profitable, did not boost the football numbers much. MLB’s Spring Training games saw gamblers win more than the casinos. LAS VEGAS – The Nevada Gaming Control Board released the gaming … Read more