Legal sports betting is now being operated in seven states and is pending launch in nine states. New Jersey is the only state so far that has come close to meeting its previous projections for sports betting revenue. The state has mobile sports betting. The … 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
Former NFL star Brian Westbrook shares some thoughts about sports betting. He talks about how emerging technology will affect the NHL. He shared his thoughts during the Betting on Sports America conference. SECAUCUS, N.J. – Former Philadelphia Eagles star, Brian Westbrook, spoke about sports betting … 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NBA Commissioner Adam Silver expressed interest in sports gambling since before the federal ban known as PASPA was repealed.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
Land-based revenue at the Golden Nugget year-to-date is $702, as many bettors opt for non-restricted books. The revenue collected by the Golden Nugget, both online and retail, represent one-tenth of a percent of every books’ revenue. Betting on the NBA at the Golden Nugget Las … Read more
ME LD 553 is heading to both the Senate and House for a final vote. This bill will allow sports wagering to happen in retail and online locations. Wednesday marks the final day of the legislative session in Maine. AUGUSTA, Maine – Maine legislature will … Read more
New Jersey successfully challenged PASPA, fighting for states’ rights in regards to legal sports betting, on May 14, 2018. The legal bet in New Jersey was made on June 14, 2018, by Governor Phil Murphy at Monmouth Park. New Jersey has collected more tax revenue … Read more
Resorts Casino has now contributed over $7.5 million to the state in tax revenue. Total revenue collected by every sportsbook is $68,160 short of eclipsing $100 million year-to-date. The Meadowlands has received over $50 million in revenue ($53.4 million) – almost double the next book … Read more
GAN plc is a London-based developer and supplier of B2B online gambling software. In July of 2018, GAN announced that the company would be providing the sports betting platform used in Parx Casino, the largest retail gaming outlet in PA. Gross operator revenue was up … 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
Licensing fees include a $100,000 application fee as well as a $50,000 annual renewal. Sports betting revenue will be taxed at a rate of 9.5% and head to the state’s general fund. Licensed sportsbooks will be given the option to partner with three suppliers, or … Read more
The All American Sports Betting Summit will happen on June 18. The location of the summit will be in Monmouth Park. One of the major talking points for this summit will be about regulation. OCEANPORT, N.J. – The All American Sports Betting Summit (AASBS) will … Read more