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Industry
May 8, 2024
New Study Explores the Benefits of Sports Betting Taxation
Many US states are reaping the rewards of legalized sports gambling, with tax revenues soaring to nearly $2.5 billion in 2023, according to a recent analysis conducted by online lending marketplace LendingTree. This sum represents a substantial year-over-year increase of 34.7%, demonstrating the growing popularity and profitability of the gambling sector nationwide. Sports Betting Tax […]
Industry
May 6, 2024
NZ Study Suggests Link Between Problem Gambling and Crime
An unprecedented study on problem gambling in New Zealand has suggested that people struggling with gambling might be more likely to break the law. According to the results, gambling harm may be pushing over 10,000 locals to commit crimes every year. The latest study was compiled by Auckland University of Technology Associate Professor Maria Bellringer […]
Industry
May 1, 2024
Texans Favor Destination Resort Casino Legislation, Survey Reveals
Texas is among the states where lawmakers are currently attempting to expand gambling activities. The gambling expansion has become a hot topic in the state, where legislators are considering efforts toward the development of destination resort casinos, as well as the legalization of sports betting. Now, the results of a new study reaffirm that an […]
Industry
April 24, 2024
New Study Unveils the Evolving Habits and Preferences of US Bettors
YouGov, a global research and data analytics firm, has released its highly anticipated US bettor research report, offering comprehensive insights into the behaviors and preferences of American sports bettors. The company is well-renowned for its in-depth studies, offering accurate insights that help various industry stakeholders predict new developments and adapt to user preferences. Trends Highlight […]
Industry
April 24, 2024
WalletHub Publishes Most Gambling-Addicted States Report
WalletHub has released its new Most Gambling-Addicted States report, highlighting the jurisdictions that struggle the most with gambling harm. While some states fared fairly well, others exhibited concerning addiction rates. It is perhaps hardly surprising that Nevada, the gambling capital of the world, scored the highest on WalletHub’s report. With a total score of 72.52, […]
Industry
April 16, 2024
AHLA Publishes State-by-State Predictions about the US Hotel Industry
The American Hotel & Lodging Association (AHLA) has published its projection for the hospitality industry’s performance in 2024. The organization expects hotels across the country to generate record-breaking levels of federal, state and local tax revenue while paying employees historic totals of wages, salaries and compensations. The Association expects hotels to generate a whopping $83.4 […]
Industry
April 16, 2024
Pennsylvania Reports Surge in Online Gambling Participation
A newly released report uncovered insights regarding the impact of online and offline gambling activities on Pennsylvania residents. The report was funded by the gambling regulator in the state, the Pennsylvania Gaming Control Board (PGCB), and developed by Penn State’s Criminal Justice Research Center in collaboration with the Pennsylvania Department of Drug and Alcohol Programs […]
Industry
April 12, 2024
UKGC Enhances Understanding of Gambling-Related Harm with New Survey Questions
Laura Balla, head of research at the UK Gambling Commission (UKGC), recently discussed the organization’s efforts to improve understanding of gambling-related harm and vulnerability by developing new questions as part of the Gambling Survey for Great Britain (GSGB). The improvements will build on the success of the previous study, delivering improved data. Updated Questions Reflect […]
Industry
April 9, 2024
Analysts Predict a Dynamic Few Months for the US Gambling Sector
Bank of America Global Research released an investor note on Monday, providing insights into the upcoming first-quarter earnings reports of major players in the gaming industry. Analyst Shaun Kelley highlighted key points, focusing on sports betting giants like DraftKings and ESPN Bet, as well as regional casinos. These insights provide a concise outlook into the […]
Industry
March 21, 2024
Problem Gamblers Are Twice as Likely to Lose Their Tenancy, Study Says
Aston University’s Centre for Personal Financial Wellbeing has concluded a two-year study of the effect of problem gambling on tenancy security. The work highlights the potential dangers of problem gambling and how it exposes people to the risk of losing their homes. This first-of-its-kind study was done in collaboration with the Birmingham City Council (BCC) […]
