Commercial gambling in America reached $17.63 billion in Quarter 2 of this year, according to figured provided by the American Gaming Association. Their Commercial Gaming Revenue Tracker shows that the industry just hit its 14th consecutive quarter of annual revenue growth, and its highest-grossing Quarter 2 performance ever. Across the country, 24 jurisdictions saw year-over-year revenue growth in the second quarter of 2024, and nationwide commercial gaming revenue resulted in $3.73 billion in state taxes generated directly from gaming. Both land-based gambling in America and online gaming saw annual growth for the quarter. Year-over-year, the pace of land-based growth accelerated…

Bally Corporation, who purchased the Tropicana and agreed to provide land for the new Las Vegas baseball stadium, has agreed to a $4.6 billion buyout offer from their largest shareholder, Standard General. This massive move has some people asking if the change in leadership will have an impact on the deal already in place. A fair question. First, the buyout deal does include the recently closed Tropicana Las Vegas, which officially shut its doors on April 2nd. And while any future plans for a new resort remain clouded, the plans are in place to demolish the existing structures in an…

Oh, what could have been. We were really looking forward to the Florida sports betting case being heard by the US Supreme Court. Then perhaps we would have had some clarity on the whole issue of where a bet actually takes place: Where the player is, where the casino is, or where the server is. It could have set legal precedent and helped the expansion of our industry. But no. On June 17th, SCOTUS declined to review the Florida sports betting case brought by West Flagler and Associates,  thereby allowing digital sports betting to continue in Florida. That’s the bright…

The new cable television channel, FanDuel TV, has launched as an ad-supported, free to watch streaming television (FAST) channel. The American sports betting company recently announced the launch of the service, which the company said was an “important step in expanding distribution for FanDuel content and reaching new audiences.” Programming on FanDuel TV Extra features episodes of the channels original studio shows such as “Up & Adams” and “Run It Back.” These shows offer viewers player interviews and expert analysis on NFL and NBA storylines from personalities like Kay Adams, Shams Charania, Michelle Beadle, Chandler Parsons, Lou Williams, and others….

Circa Sports has raised the stakes. The sports betting brand has brought back the popular professional football contests Circa Million VI and Circa Survivor with its biggest payout yet – $16 million, no rake. With signups launching May 24 at 9 a.m. in all Circa Sports Nevada locations, this marks the largest prize pool ever for contests of this kind. “This year, it’s go big or go home with the Circa Sports contests,” said Circa Sports CEO Derek Stevens. “We only have ourselves to top so we’re back with the biggest guarantee yet. With a whopping $16 million, no rake,…

Amid all the recent turmoil and negative headlines surrounding sports betting, we thought we would look at the various sports league gambling policies. And we begin with Major League Baseball, who has seen a rash of bad press surrounding this issue. League Commissioner Rob Manfred recently commented on the issues and had this to say about their position on gambling, emphasizing its commitment to upholding integrity of their games in the midst of legalized sports betting. First looking to the incidents involving Shohei Ohtani’s interpreter, where Ippei Mizuhara allegedly embezzled millions of dollars from the baseball star for illicit sports…