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
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
Borgata was the first Atlantic City casino to accept a sports bet in June of last year. Borgata has the third-highest land-based sportsbook revenue of the ten licensed books in NJ. Level One will be located only steps away from Premier Nightclub. ATLANTIC CITY, N.J. … Read more
80% of sports betting in New Jersey takes place over the Internet. Having a retail location is still viewed as game-changing in the grand scheme. For operators, there are numerous benefits to having physical venues alongside online betting services. ATLANTIC CITY, N.J. – When it … Read more
The international sports betting market is estimated to be worth $250 billion. The sports US sports betting market valuation has increased by $10 billion a year since 2016. The projected growth rate of sports betting in Asia outpaces all other regions in the world. TALLAHASSEE, Fla. … Read more