Texas Gambling Update: Sheldon Adelson Lobbying For New Texas Casinos
GOP megadonor and CEO/Chairman of the Las Vegas Sands Corporation Sheldon Adelson has his eyes on a potentially massive casino market: Texas. According to the Texas Tribune, Adelson is gearing up for a lobbying blitz to bring casino gambling to the Lone Star State. Las Vegas Sands lobbyist Andy Abboud confirmed that the company is […]
Why Isn’t The NFL Canceling Games Due To COVID-19?
Are you ready for Wednesday matinee football? Ready or not, for the first time, Wednesday will feature a game as 2020 continues to get wackier. Twenty Ravens players are on the COVID-19 list and the reigning NFL MVP himself, Lamar Jackson, has tested positive for COVID-19. The NFL canceling games seems to be out of […]
Another Record-Breaking Month For US Online Sports Betting Revenue In October
October 2020 set yet another benchmark for mobile sports betting in the US. All five states on this month’s revenue roundup list (New Jersey, Pennsylvania, Indiana, Iowa, and West Virginia) broke records for monthly mobile sports betting revenue. New Jersey continues to set the standard in the US mobile sports betting market, with Pennsylvania also […]
US Online Casinos Break Revenue Records Again In October
The upward potential of legal online gambling in the US continues to push the bar higher. In each of the last four months, New Jersey and Pennsylvania have reached record numbers in monthly revenue for online casinos. Revenue numbers for the two biggest online casino markets in the nation still haven’t shown any signs of […]
US Sports Betting Handle: Top 6 States For September 2020
September 2020 produced record-breaking numbers for combined legal sports betting handle in the US. The nation’s 18 legal sports betting jurisdictions (17 states plus Washington D.C.) saw nearly $3 billion in wagers come in for September. The return of NFL and NCAA football bolstered the surging US sports betting industry to its biggest month yet. […]
Bally’s Corporation To Acquire Sports Betting Software Company Bet.Works
Bally’s Corporation has announced it will acquire US-based sports betting platform provider Bet.Works for $125 million. This acquisition rounds out Bally’s Corporation’s existing portfolio, which already includes 14 casinos across 10 states (a few are pending acquisitions). Bet.Works brings sports betting into the fold. In the announcement press release, Bally’s estimates the sports betting and […]
FanDuel Throws Down the Gauntlet; Reports 46% of Sports Betting Market Share in Q3
FanDuel is claiming dominance over the sports betting industry by way of a Q3 Trading Update posted Thursday by parent company Flutter. According to the update, FanDuel Sportsbook now handles a whopping 46% of market share in the online sports betting world, thanks in part to its customer acquisition. According to the report, FanDuel now […]
Is The Gambling Industry Being Absorbed By Tech?
The gambling industry has been part of our culture for centuries, and not just since the advent of casinos. Historians estimate that gambling began before written history, around 3000 BC when it’s estimated the first six-sided dice were used. According to a 2014 American Gaming Association study, the gambling industry was worth $240 billion, including […]
FanDuel Michigan Sports Betting $100 Launch Offer
FanDuel is preparing to launch its sportsbook app and online casino app in the Wolverine State. The state legislature is on the verge of finalizing rules governing online gambling, which is the last step towards officially launching in the state. Eager Michigan sports bettors don’t have to wait for launch to get in on the […]
5 Ways the Pandemic Has Changed Sports Betting
The COVID-19 pandemic has turned our lives upside down and sideways. The sports betting industry has been able to pivot in ways that few expected and companies are taking notice. In the future, we will look back at the COVID-19 pandemic as a major turning point for the sports betting industry. With things constantly in […]
