Sports
November 28, 2020
Sports Betting to Offer Relief to State Coffers Amid Pandemic
Strained by the coronavirus pandemic, state coffers across the US are poised to receive some welcome relief from an unlikely source – the sports betting industry. After six months with few sporting events, betting rebounded in the third quarter, generating $352 million in revenue or 47% more than the same period last year, Bloomberg reports. […]
Industry
November 27, 2020
Nevada’s October Gaming Down 19.5% YOY, Betting Soars
Nevada’s gaming revenue was still down 19.5% year-over-year in October, but it posted better results than September 2020. Meanwhile, sports betting handle has been beating all expectations. Nevada Posts Decline in Gaming, Improves MOM The State of Nevada has posted a moribund October with gaming revenues shrinking down by 19.5% year-over-year, but the Silver State […]
Industry
November 26, 2020
Risk of Developing Gambling Addiction in Texas Increases
Gambling activities in Texas are increasing during the period of uncertainty caused by the virus outbreak and spread, the executive director of an association claims, pointing to the risk of gambling addiction increase. Gambling Cannot Solve Financial Issues Janet Miller, the executive director for the Louisiana Association on Compulsive Gambling said there were more calls […]
Business
November 26, 2020
Sheldon Adelson Sparks Interest For Gaming Expansion in Texas
Las Vegas Sands owner Sheldon Adelson has hired eight influential Austin lobbyists, hinting at the potential legalization of casino gaming in Texas. Window of Opportunity for Gaming Bill Casino tycoon Sheldon Adelson recently hired eight high-profile lobbyists from Austin, Texas, therefore generating speculation around the possible legalization of casino gaming in the Lone Star State. […]
Business
November 26, 2020
Gambling.com Group Receives Approval To Operate in Tennessee and Illinois
Gambling.com Group has received approval to provide its marketing services to Illinois and Tennessee. KAX Media American in Tennessee Digital marketing services giant Gambling.com Group announced on November 24 that its US subsidiary KAX Media America has secured a 3-year license from the Sports Wagering Committee of the Tennessee Education Lottery Corporation to operate in […]
Casino
November 25, 2020
Maryland Casinos Asked for More Virus Risks Transparency
Maryland casinos began re-opening in June and as of mid-November there are at least 133 casino workers who tested positive for the coronavirus, reports a local media asking for more transparency. No Public Information Reports The information received after a series of public records requests to the Maryland Lottery & Gaming Control Agency showed at […]
Business
November 25, 2020
GiG Gets License to Carry WSN Sports Betting Operations in Michigan
GiG said on Monday it has secured a sports betting license in Michigan for its affiliate website WSN.com. GiG’s flagship sports news brand will now operate in 10 states across the US. WSN Now Licensed in 10 US States Sports betting technology provider Gaming Innovation Group (GiG) announced on November 23 that it has successfully […]
Casino
November 25, 2020
Temporary Casinos in Bristol to Open in 2022 at the Earliest
Drafting emergency casino gaming regulations in the south-west Virginian city of Bristol in September was just the beginning of a long regulatory process that might take until late spring 2020 to ensure the proper supervision of gambling venues and their employees. The First Possible Opening Date to be in April The initial timeline for the opening of […]
Sports
November 25, 2020
BetMGM Becomes Pittsburgh Steelers Official Gaming Partner
BetMGM adds Pittsburgh Steelers as its latest National Football League (NFL) partner and ahead of an anticipated launch in Pennsylvania. Pittsburgh Steelers Secure BetMGM as First Gaming Partner National Football League (NFL) franchise the Pittsburgh Steelers revealed an exciting new partnership on Tuesday with BetMGM, the namesake brand’s sports betting mobile app. Effectively, BetMGM will […]
Casino
November 25, 2020
Detroit Loses $10m on Casino Shutdowns, $50m on the Line
Should Detroit’s casino remain shut until spring, the city will stand to lose $50 million in tax revenue. The City of Detroit Faces Casino Tax Revenue Shortages Detroit is in for a rough ride as the city’s bracing for millions lost due to the covid-19 crisis which throttled the healthcare system and forced mandatory shutdowns […]