Tag: sports betting
Betting on NFL Games May Hit $35 Billion
The opening week of the American football season is in the books, and betting on NFL games is off to a good start as well. This year, our friends at the American Gaming Association forecast that American sports bettors will place about $35 billion in wagers with legal sportsbooks. “With the excitement of another NFL season upon us, Americans are placing their bets with the confidence that the legal sports betting market is prioritizing consumer protection and responsibility” said AGA President and CEO, Bill Miller. The expansion and growth of the legal betting on NFL games across the country is…
It’s Time for NFL Betting!
The 2024 NFL betting season is ready to kick off! And players living in legal jurisdictions have many special offers and promotions to choose from, depending on what they value most! Plus, the Tropicana Las Vegas has officially set an implosion date! Hello friends, I hope everyone had a great Labor Day weekend, but the question on everyone’s mind is: Are you ready for some football? Well, what about some NFL betting? We’ve got promotion and special offer information from DraftKings to FanDuel to Caesars and beyond! But first, if you haven’t heard the Tropicana has finally and officially set…
MGM Resorts & BetMGM NFL Betting Changes
It’s almost “go time” for the 2024 professional football season! And MGM Resorts sportsbooks, along with the BetMGM NFL betting app, have gone through some changes for this year which players will appreciate. These updates are designed to simplify the sports betting process and expand the options available to bettors. And at the heart of these improvements are exclusive markets driven by Entain’s advanced betting modeling. That new play-by-play simulation-based pricing models, which were first introduced during the 2024 baseball season, are now being utilized for BetMGM NFL betting. This includes a wider array of football betting markets than ever…
US Sports Betting Troubles & the SAFE Bet Act
The US sports betting industry is under fire after several major scandals involving professional athletes and gambling. Now the main stream media is calling for changes amid concerns of addiction risks and player protections. Enter the SAFE Bet Act, which could bring some big changes to the American sports betting industry, but could also save it. As I prepare to leave for my summer vacation both the NBA and NHL championship series are underway, and with them lots of US sports betting action. On that note, I would like to leave you with some good news before I take my…
ESPN Bet Opens Retail Location in Michigan
Today marked the grand opening of the new ESPN Bet branded sportsbook and restaurant at Hollywood Casino in Detroit, Michigan. Spanning 4,500 square feet on the upper floor of the casino, this sportsbook represents their inaugural retail location within the PENN Entertainment network. Boasting state-of-the-art betting kiosks, expansive big-screen TVs, a captivating 30-foot video wall, and an array of elevated bar food and drinks, the ESPN Bet sportsbook and restaurant promises an unparalleled sports viewing and betting experience. Situated amidst Hollywood Casino’s premium dining options, it adds another layer of excitement to the vibrant entertainment hub. John Drake, General Manager…
Nearly $20 Billion Bet on New York Sports Betting
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…
