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Industry
November 10, 2021
American Gaming and Betting Beats Pre-Pandemic Levels, AGA Reports
The American Gaming Association’s latest results are in and the gambling industry across the United States has been improving at a good clip apparently. The Commercial Gaming Revenue Tracker has shown that casino games, sports betting, and iGaming generated $13.89 billion in Q3 2021, setting a new quarterly record. While the pandemic has been weighing […]
Industry
November 9, 2021
Illinois’ Sports Betting Handle in September is $566.5 Million, Per IGB
On Monday, the Illinois Gaming Board reported its total September sports betting handle and as the report suggests, it is $596.5 million. Thanks to these numbers, the national monthly sports handle has reached over $5 billion for the first time in the era known as post-PASPA. Ten States Reported Record-Breaking Monthly Handles This milestone did […]
Industry
November 9, 2021
Jacksonville Jaguars Help Gambler Snatch DraftKings’ $1 Million Top Prize
A brave bettor was among the rare group of people to place a bet on the Jacksonville Jaguars to win against the Buffalo Bills on Sunday and that bet paid off majorly. The sports fan was on the side of the Jaguars in a key parlay bet and, in doing so, managed to win $1 […]
Industry
November 9, 2021
Survey Reveals Big Gambling Spending in “School Run” Radio Hours
The Guardian has conducted a survey with the help of market analysis firm Nielsen to determine the prevalence of gambling advertisements during “school run” hours on radio. According to the commissioned research, gambling companies were the heaviest advertisers during those hours. The hours known as school run are referred to the time when children are […]
Industry
November 9, 2021
November Starts Slowly for Macau’s Casinos as GGR Gains Little Ground
Macau daily casino gross gambling revenue (GGR), for the first week in November, was up 12% week-on-week. This was supported by significant recovery of visitor volume to the city. However, GGR was still “lighter than expected,” according to brokerage Sanford C. Bernstein Ltd on Monday. According to the firm, the average daily rate from November […]
Industry
November 9, 2021
New York Announces Winners of Sports Betting Licenses
New York has finally declared the winners of two licenses in mobile sports betting, after many years of delays. But residents might still need to wait months before they can start to gamble on their cellphones. The state Gaming Commission decided to issue two licenses, but not to Jay-Z. The rapper had teamed with two […]
Industry
November 9, 2021
Rush Street Gaming Founder Works to Stop Sports Betting in Chicago
Neil Bluhm may be a billionaire, but that doesn’t necessarily mean he understands business. The entrepreneur and partner of Midwest Gaming & Entertainment is trying to convince the Chicago City Council not to lift a local sports betting ban because it would impact his Rivers Casino and sportsbook in the city of Des Plaines. However, […]
Industry
November 8, 2021
Birgitte Sand Is Announced as SBC’s Sports Betting Hall of Fame Inductee
Denmark’s key figure in the development and growth of the casino industry in the country, Birgitte Sand, will be inducted into the Sports Betting Hall of Fame. Sand is one of the leading experts in the industry in Denmark, and the induction is set to take place on the last day of the well-known conference […]
Industry
November 8, 2021
Non-Smoking Does Not Impinge on Casino Revenues
Non-smoking policies are taking hold over the United States’ gaming sector, cleaning up and purifying the air in those venues as they do. Part of this can be chalked up to conscious consumers who watch out for the dangers of second-hand smoking. The other comes down to the pandemic heightening the risk of exposure to […]
Industry
November 8, 2021
Orix Opens Wallet to Get Osaka IR off the Ground
Orix Corp is one of the Japanese partners in MGM Resorts International’s Osaka integrated resort (IR) development. Each will own 40% of the scheme, with a group of companies from the Kansai region taking the remaining 20%. Hitomaro Yano, chief executive officer at Orix, stated late last week that the company’s initial investment in the […]