In its first month of operation, Colorado earned a remarkable $25.5 million in sports betting revenue—a staggering total given ongoing COVID-19 restrictions. Colorado has very few restrictions on sports betting operators and low barriers to entry, which should help it quickly develop into one of … Read more
Playtech, a top gambling software company, has received a transactional waiver that gives them the approval to enter the New Jersey online sports betting and casino markets. Playtech will initially be partnered with bet365 and Hard Rock Atlantic City but plans to expand to more … Read more
Nevada redacted online sports betting and poker revenues from its April gaming revenue report. This was done in accordance with a state law protecting the privacy of individual companies’ finances—World Series of Poker was the only online poker company to report revenue. Total online gaming … Read more
New Jersey based teams like the New York Giants and New York Jets can begin practicing again as Governor Phil Murphy has approved the reopening of sports facilities. The Jets and the Giants are both working closely to begin training as soon as possible for … Read more
Five states have reported their April sports betting figures: Indiana, Iowa, New Jersey, Pennsylvania, and West Virginia. In the five states, sports betting revenues are down almost 80% from what they were in February, and handle is down almost 90%. These states only handled $130.5 … Read more
Maine has now authorized online horse betting for local, national, and international races. Bets will be hosted via a website called HollywoodRaces.com Maine’s racing season was delayed by COVID-19 but could resume without spectators soon, as many other states have done. The legalization of horse … Read more
The New Jersey Thoroughbred Horsemen’s Association is seeking millions of dollars damages from the NCAA, MLB, NBA, NHL and NFL for preventing them from operating a sportsbook at Monmouth Park from October 2014 to May 2018. Despite legal precedent against the plaintiffs’ claims, quirks of … Read more
With the Coronavirus racking New York and greatly depleting its budget, mobile sports betting could provide tens or hundreds of millions of dollars in economic relief. New York residents can already enjoy mobile sports betting either in New Jersey or with international online sportsbooks. The … Read more
The Supreme Court voted to overturn the Professional and Amateur Sports Protection Act (PASPA) two years ago. Since that decision, the popularity of sports betting has exploded in the United States, both in terms of participation and representation in pop culture. 23 states now have … Read more
In April, New Jersey sportsbooks experienced their lowest month of revenue ($2.6 million) ever. New Jersey also saw its second-lowest month of betting handle ($54.6 million). ATLANTIC CITY, N.J. – After a less-than-stellar take-home in a pandemic-shortened March, New Jersey sportsbooks experienced their lowest monthly … Read more
Johnny Nolon’s Casino will partner with The Carousel Group to operate a new sportsbook. The partnership will feature both mobile and retail sports betting. The company also expressed plans to venture into New Jersey as well. CRIPPLE CREEK, Colo. – The Colorado Division of Gaming … Read more
The New Jersey Thoroughbred Horsemen’s Association is seeking $150 million in damages for being stopped from opening a sportsbook for four years at Monmouth Park. The pro leagues stopped the horsemen from accepting bets because they said it would hurt their business and now they … Read more