Another Record Month for US Gambling

It was a banner year for the US gambling industry in 2022. That momentum appears to have carried over in the first month of 2023, as yet another record was set for revenue in a single month. Our friends at the American Gaming Association keep track of these sorts of things, and they report a combined $5.5 billion brought in this past January. These numbers show a year on year growth of over 21% and maintains the streak of 23 months of growth in a row. The continued growth of US gambling was apparent across all verticals in January, with…

Nevada Gaming Revenue Record Hits 23 Months

They’ve kept it going for nearly two years! Yes, January marked the 23rd consecutive month that Nevada gaming revenue streak has hit the billion dollar mark, according to a report from the Nevada Gaming Control Board. Now, let’s just hope that our reporting this doesn’t jinx them! The state reported revenue for the first month of 2023 to be $1.27 billion, which was nearly a 20% jump from the $1.07 billion they reported in January of last year. That increase was attributed to the continued recovery from the pandemic, as more Covid restrictions were lifted throughout the year. Casino profits…

US Gambling Clears $60 Billion in 2022

Last year, commercial US gambling was able to top $60 billion for the first time ever. That shatters the previous figure of $53 billion set just a year earlier. The information was accumulated and reported by the Commercial Gaming Revenue Tracking at the American Gaming Association. The actual total for 2023 was $60.4 billion, which came largely from sports betting and online gambling. Both sectors reported single-quarter highs, However, land based gambling at casinos, poker rooms, and sports books still accounted for over 80% of the total revenue. While it’s encouraging to see online games continue to grow as a…

SiGMA Acquires Brazil iGaming Summit

SiGMA Group has announced it has acquired Brazil iGaming Summit (BiS), the largest conference dedicated to iGaming in Latin America for an undisclosed figure.  SiGMA Group today has a diverse portfolio of events in iGaming and frontier tech. This acquisition will help consolidate their existing portfolio and establish a strong presence in this exciting emerging market.   Eman Pulis, SiGMA co-founder, stated “We love the team behind BiS and have no doubt that this conference will grow from strength to strength. We’re leaving no stone un-turned to make the next show in June 2023 a memorable one.”  In the words of Alessandro Valente,…

Congressional Committee on Sports Betting

NBA Joins the Bet Responsibly Campaign

The National Basketball Association has joined our friends at the American Gaming Association and their Have A Game Plan: Bet Responsibly public service campaign. Through the partnership, the NBA and AGA will educate basketball fans on the fundamentals of responsible sports wagering by providing turnkey resources for use by the league’s 30 teams.  Campaign content will include in-venue, broadcast, digital and social media promotion. Launched in 2019, AGA’s Bet Responsibly campaign unites the sports betting ecosystem around a common consumer education platform, focusing on the four principles of responsible wagering for those who choose to bet: Set a budget and…

Blackjack - online blackjack

When to Split in Blackjack

Playing blackjack can be a very enjoyable and rewarding experience. However, it also involves an element of risk. Knowing when and how to split in blackjack is one of the most important considerations to make before playing the game. Blackjack is one of the most popular online casino craps games, and for good reason. It combines elements of luck and skill, giving players a good chance of winning big from small wagers. With its low house edge compared to other table games, it offers numerous opportunities for experienced players to maximize their chances of winning by strategizing their moves. One…