New Jersey Considers College Sports Betting Expansion
A bill before the New Jersey legislature would ask voters to approve expanding sports betting on college sports. It would include New Jersey teams like the Big Ten’s Rutgers and other college teams in the state. When introduced, the bill would have asked voters to approve betting only on New Jersey college playoff or championship […]
Take A Spin with these New Online Slots
Double Wolf by Everi Everi continues to bring its classic three-reel slots online with Double Wolf, a three-reel, nine-line slot that follows the traditional formula of high volatility—with occasional huge wins instead of a steady stream of little hits—and the tried-and-true multiplying wild system. The reels offer all the classic reel-spinning symbols, including single and […]
iGaming Off to a Good Start in West Virginia
In July, West Virginia became the fourth state in the U.S. to launch online casinos and mobile sportsbooks, joining Pennsylvania, Delaware and New Jersey. The industry got off to a good start in West Virginia, soaring in August and September, then hitting a wall last month. The sports betting handle for September—the second full month […]
Betting the Masters? Consider These Tips
The age of sports betting has not only elevated the Masters Tournament, but given gamblers breathing room. While the hunt for the Green Jacket begins Thursday, November 12, it’s a four-day betting extravaganza. Even if you miss the first round or weren’t aware that the tournament was moved to November, you can instantly catch up […]
Will New Jersey Welcome Offshore Books?
In September, New Jersey’s sports betting market generated more than $748 million in bets, leaving August’s tally of $668 million in the dust, and outstripping the previous record of $614 million set in Nevada last November. Year to date, Atlantic City’s nine land-based casinos and New Jersey’s racetracks have hauled in nearly $3.3 billion in […]
Santarelli Report Tempers Sports Betting Expectations
Analyst Carlo Santarelli of Deutsche Bank authored another report tempering the expectations of investors who think sports betting in the U.S. is a $15 billion to $20 billion market. He points out that assessments overestimate spending per customer by focusing on gross revenues instead of net, and making flawed comparisons to other markets. For example, […]
William Hill Profits Fall From Empty Stadiums
Home field advantage may be worth something after all. Seems the empty stadiums where games are played have led to a decline in profits by producing unpredictable results, according to bookmaker William Hill. Playing games without crowds and their psychological impact on fans has taken a toll when it comes to setting appropriate odds. Take […]
Virginia Completes Sportsbook Application Process
WTOP News presented a series that assessed the state of gambling in Virginia. Among the highlights: Applications for mobile sportsbook licenses have poured into the Virginia Lottery ahead of the October 31 deadline, according to WTOP. “We understand that the black market has existed for centuries, right?” said Prince William County state Senator Jeremy McPike, […]
Caesars, William Hill Sign Sponsorship Agreement with Indianapolis Colts
Caesars Entertainment and William Hill US have launched their first joint venture announcing a sponsorship deal with the NFL’s Indianapolis Colts. Caesars acquired William Hill’s UK-based parent company for $3.7 billion last month. William Hill operates Caesars US sports betting systems. According to the companies – and subject to regulatory approval – the Caesars Indiana […]
Esports Could Eclipse Sports Betting
Will esports betting become more lucrative then sports betting? Quentin Martin, CEO of the esports betting company Luckbox, insists it will and is ready to put his money where his mouth is to back up his claim. “The Covid-19 lockdown definitely accelerated esports a couple of years into the future for sure,” Martin told Gambling […]
New Jersey’s Freehold Raceway Playing Catch Up on Sports Betting
Freehold Raceway, the last of three New Jersey tracks to offer sports betting, is trying to make up ground with a new sportsbook in a state where sports betting went live in late 2018. The track is facing competition from Atlantic City casinos, the Meadowlands racetrack and Monmouth Park racetrack, which is located in the […]
AGA, NHL Partner on Responsible Gaming
The National Hockey League and the American Gaming Association (AGA) announced a partnership to promote responsible gaming activity through the “Have A Game Plan. Bet Responsibly” public service campaign. Through the partnership, the NHL will use league-owned, in-arena, and digital marketing inventory for co-branded video board images, public address announcements, and animations of hockey-specific marketing […]
