Commercial US gaming revenue continued its slow growth during the first quarter of this year, but still managed to expand by a healthy margin compared to the same time last year. This according to data compiled by the American Gaming Association from state regulatory disclosures. The industry realized year-over-year growth across both land-based and online gaming, though at slower rates than in the recent past. The numbers shows that combined US gaming revenue from commercially operated land-based casinos, sports betting and iGaming increased by 5.6% year-over-year, reaching nearly $17.7 billion for the first quarter. It was also the 13th consecutive…

Penn Entertainment’s ESPN Bet is growing quickly. If that growth continues, the operation is set to pose a serious challenge to the dominance of both DraftKings and FanDuel in the American market. This according to a survey from Truist Financial Corporation, a US-based bank holding company. That 2024 survey highlights the pivotal role of ESPN Bet as the ‘go-to app’ for sports scores, placing it as a strong potential contender in the sports betting industry. The data shows 44% of sports enthusiasts trust ESPN for scored, with 64% of those people interest in betting integration into the app. Additionally, over…

Some of us were really hoping for an expansion of online gambling in America. Specifically, the regulation of online casinos in Maryland and Maine, among other states. But as usual, politics got in the way. On April 8th, the Maryland General Assembly concluded its session without taking any action on internet gambling.  The setback is significant for the state, which was seen as having some of the best odds for expanding gambling options. And while online casinos in Maryland have failed, the state was not alone. Ten days after the Georgia General Assembly adjourned without legalizing online sports betting. Bummer,…

Casinos are always fun on the surface. It’s a place of real entertainment that gives everyone a chance of quick fortune. However, some casino tactics mean that not everyone will go home with good stories to share. Unfortunately, losing money is a common occurrence in casinos. That’s why everyone must remember to gamble only an amount they can afford to lose. Despite the negative feedback from those who went broke from betting and the antagonism of conservative communities, many gaming houses continue to thrive for various reasons. One reason establishments continue to exist is the clever casino tactics they employ….

The numbers are in for New York sports betting in 2023, and they do not disappoint. Players in the state wagered more than $19.6 billion on sporting events last year, which translated to almost $1.8 billion in revenue. During the 12-month period ending on March 31st, total wagers in the Empire State surged by almost 20%, reaching $16.4 billion, and surpassing the figures from the previous fiscal year. This milestone also marks the highest annual expenditure for online sports betting recorded in any state regulating the activity in America. Additionally, the gross gaming revenue experienced a remarkable year-on-year increase of…

The idea of expanding internet gambling is being tossed about. In fact, the topic of Maryland, California, and New York online gambling was recently discussed at an industry event. And while many believe that the mess in California makes the idea improbable, the other states have real chances to make it happen. Rhode Island recently became the seventh state to offer regulated online casino gambling. The first six states where Connecticut, Delaware, Michigan, New Jersey, Pennsylvania,  and West Virginia. Nearly 40 states regulate online sports betting, but remember that is not the same as casino gaming, or even online poker,…