Tag: American Sports Betting
American Sports Betting Battles in Big States
We’re talking about American sports betting news in two of the biggest states in America, both of which are worth potential billions of dollars in annual revenue! Plus, gambling news from Massachusetts and Kansas, and a look at a new slot machine! Hello friends, and welcome to This Week in Gambling where we’re following two huge American sports betting stories, both involving big markets… both involving big money… and both involving big operators and tribal gaming! This week’s big stories start on the west coast of the united states where California sports betting may actually become a reality this fall….
American Sports Betting Sees High Approval Rate
We’re now over four years past the Supreme Court ruling making American sports betting a mainstream activity. It was in May of 2018 when the nations highest court rules that PASPA was an unconstitutional violation of state’s rights. And now, we’re closing in on 40 states which regulate the activity. However, one concern was always public attitudes toward betting on sporting events. For many years the media and Hollywood had stigmatized American sports betting as something reserved for organized crime and dark alleys. Thankfully, those stereotypical images now appear to be a thing of the past. A new poll conducted…
US Sports Betting to Top $3 Billion This Year
Earnings from the regulated US sports betting market could be over $3 billion for 2021. This according to a report from VIXIO Gambling Compliance. The same report estimates that up to 14 additional states regulating the activity this year, and that the market could generate over $10 billion by 2026. Their report comes as New York Governor Andrew Cuomo changes course on his opposition to mobile sports gambling, opening the door for the regulation of the lucrative market there. It also could take a significant share out of New Jersey’s betting market. Sara Slane, former official with the American Gaming…
Caesars, ESPN and Sports Betting in America
It’s been a crazy month for sports betting in America. Caesars Entertainment was brokering deals after being purchased by Eldorado Resorts. The biggest being their acquisition of William Hill. Their CEO, Tom Reeg, recently spoke to CNBC about the legalization of sports betting in this country, and how it’s one of the biggest growth opportunities for gaming in twenty years. “This is an enormous opportunity. I’d liken it to when states outside of Nevada and New Jersey started to legalize riverboat casinos in the ’90s,” Reeg said. “We think there’s a lot of money to be made here over time,…
The Battle for US Sports Betting Supremacy
The war for US sports betting domination has begun, and with over $150 billion in annual revenue up for grabs the stakes are high. This week the first shots were fired in what is sure to be a long and hard fought battle. Hello my friends! Thanks so much for streaming another edition of This Week in Gambling, where the battle for sports betting supremacy in America has begun… and that is this week’s big story! Betting on sports is now legal in 22 states and the District of Columbia. Plus, another seven states are currently considering regulating the…
The Sports Betting March Across America
This week’s gambling news finds the march of regulated sports betting across America continuing! Eight states have legalized the activity with over 20 more now considering legislation to do the same! NBC Sports recently rolled out a bet on sports game which closely resembles in-play betting! Plus, another state is considering online poker and casino regulation! Elements of the Predict the Game contest and real-time data will be displayed on a graphic overlay surrounding the regular live-game presentation. These stats will be similar to those displayed in a sports gambling environment, such as win-probability data, moving money line and spread….