Circa Sports’ professional football contests, Circa Survivor and Circa Million VI, came to an exciting close over the weekend. After a thrilling season, the sports betting venture will pay out a record-breaking $20,266,000 amongst contests winners. The largest prize pot in history, totaling $14,266,000, will be awarded to the eight winners of Circa Survivor. All eight contestants held a 20-0 record throughout the 2024-2025 season. Each winning entry will take home $1,783,250. In the last week of the season, five of the winning entries relied on Tampa Bay and an incredible second-half comeback. Two entries chose Indianapolis who beat Jacksonville…

US sports betting is once again facing a challenge from the federal government, as US Senator Richard Blumenthal underscored the public health impacts of the widespread legalization of sports gambling in a hearing titled, “America’s High-Stakes Bet on Legalized Sports Gambling.” As mobile sports bets surge, Blumenthal called for minimum federal standards like those in his Supporting Affordability and Fairness with Every Bet, or the SAFE Bet Act, to better protect consumers from addictive practices and features of both land based and online sports wagering platforms. “We are in the midst of a sports betting boom that is one of…

Despite speculation and rumors to the contrary, it appears that financing for the new Vegas baseball stadium is a done deal. Documents submitted to the Las Vegas Stadium Authority seem to confirm that the financing for the A’s ballpark on the former Tropicana site is fully secured, with the total costs rising from $1.5 billion to $1.75 billion. For those unfamiliar with the A’s potential move to Las Vegas, here’s a brief overview: The team is expected to relocate from Oakland to Las Vegas, but they still need a venue. Up until now, details on financing for the new Vegas…

It was 2017 when DraftKings & FanDuel attempted to merge into one, big, happy family. However, it did not take long for that move to be called off, as the Federal Trade Commission (along with a couple of attorneys general) said they would sue to block any merger. The combined companies would have controlled 90%  of the market for daily fantasy sports, which authorities say would have violated antitrust law. Now, two U.S. senators have called for the FTC and the Justice Department to take another look, and to open an  investigation into DraftKings & FanDuel over a similar accusation….

US gambling revenue reached $17.71 billion in Q3 2024, the industry’s highest-grossing Q3 on record, according to the American Gaming Association’s Commercial Gaming Revenue Tracker. This makes Q3 2024 the industry’s 15th consecutive quarter of annual revenue growth, with September marking the 43rd straight month of rising year-over-year commercial gaming revenue. Through the first nine months of the year, nationwide commercial gaming revenue stands at $53.24 billion, pacing 8% ahead of 2023 and putting the industry on track for a fourth straight record revenue year. In Q3 2024, 29 of the 35 US gambling  jurisdictions operational last year saw increased…

F1 returns to Sin City this weekend with hope that the Las Vegas Grand Prix will go down better with the local community than it did last year. The night race down The Strip looked spectacular and drove a $1.5 billion boost to the local economy, but months of construction work and the closure of the vital roadway did not endear it to those who call the city home. The installation of the grandstands along the route that block iconic views like the Bellagio Fountains began later this year, and traffic lane disruptions did not start until early October as…