With US Sports Back In Action, Online Sportsbooks Had A Big July
July 2020 represented an unprecedented month in the history of US sports. After months of postponement for major US sports leagues, Major League Baseball and the NBA hearkened the return of two of the most beloved sports in the US. MLB spring training began on July 1, and the shortened 2020 regular season began July […]
July Was Another Record-Breaking Month For US Online Casinos
The online casino surge shows no sign of slowing down. New Jersey’s legal mobile casino platforms set an all-time monthly revenue record in July, even with retail casinos in Atlantic City open for business. Online poker in New Jersey posted big July numbers, led by Caesars Interactive. The WSOP NJ and 888Poker NJ skins hosted […]
New Horse Racing Bill Would Establish National Safety Standards
Big changes could be coming nationwide to the sport of horse racing. A new bill set to be introduced this month would significantly increase the amount of oversight in horse racing, with the goal of stamping out cheating and making the sport safer for both humans and horses. Kentucky Sen. Mitch McConnell, also the U.S. […]
How NBA Protests Could Affect Sportsbooks Throughout The Season
Last week in Kenosha, Wis., Jacob Blake was tazed, then shot seven times in the back by police. He was unarmed and trying to get into his SUV with his three kids in the back seat before a police officer grabbed his shirt and shot him point-blank. His shooting inspired protests across the state. Two […]
PointsBet And NBC Sports Form Exclusive 5-Year Partnership
PointsBet and NBC Sports have announced a five-year partnership. The landmark deal makes PointsBet the official sports betting partner of the NBC Sports brand. The partnership will see NBC Sports provide PointsBet with marketing and media opportunities. Sam Swanell, Managing Director and Group CEO of PointsBet, said: “PointsBet Managing Director and Group CEO Sam Swanell […]
A Look At What’s Trending Up and Down In The Era Of Online Gambling
The legal online gambling landscape in the US looks quite different in 2020 than it did just two years ago. The overturn of the Professional and Amateur Sports Protection Act (PASPA) pushed the first domino down in what’s turned out as a boom period for online sports betting. Online casinos thrive as well, as legal […]
Do Retail Casinos Reopening Lead to COVID-19 Spikes?
Most of the country’s commercial and tribal casinos have reopened across the US, after the COVID-19 forced nationwide shutdowns. The pandemic led to all of the more than 1,000 commercial and tribal casinos in the US to cease operations. In some cases, like Michigan, commercial casinos were shuttered for nearly five months. In other states, […]
Much-Ballyhooed IRS Memo Doesn’t Change Anything For DraftKings
There’s one key part missed in coverage of the DraftKings IRS memo. This is not a legal document, this is legal advice. The July 23 memo, which just got released in late August, involves one IRS lawyer giving his perspective to another when asked. No, this doesn’t immediately cause any type of law to go […]
Boosted by NJ Online Gambling, Golden Nugget Has Record-Setting Q2
Golden Nugget Online Gaming (GNOG) announced record revenue earnings for the second quarter of 2020, as the Golden Nugget NJ online casino platform continues to flourish in the New Jersey market. GNOG second-quarter Gross Gaming Revenues reached $28.2 million, representing an 85 percent increase over the company’s 2019 Q2 earnings ($15.3 million). Net revenue for […]
With Covid Safety Measures in Place, MGM to Open Mirage Casino Aug. 27
For the first time since mid-March, the iconic Mirage Casino on the Las Vegas Strip will be open for business starting Aug. 27, MGM Resorts announced this week. The company says it will be emphasizing the health and safety of its guests and employees with its “Seven-Point Safety Plan.” “As we have slowly and thoughtfully […]
