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Morgan Stanley predicts that $216 billion could be wagered

Morgan Stanley predicts that $216 billion could be wagered

posted on November 06, 2018 by

Morgan Stanley, one of the top firms on Wall Street, is predicting that $216 billion could be wagered annually on sports legally in the United States within seven years.

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Gambling and sports betting decisions to be made today

Gambling and sports betting decisions to be made today

posted on November 06, 2018 by

This year’s midterm elections aren’t just about red or blue decisions.

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FanDuel inks deals with NHL, Devils for sports bets, fantasy

FanDuel inks deals with NHL, Devils for sports bets, fantasy

posted on November 05, 2018 by

The wall that professional sports leagues in the U.S. fought so hard to maintain between themselves and legal sports betting continues to crumble. Now, the leagues are realizing sports betting can be a profitable partner instead of an existential threat.

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Rumors are MGM Resorts analyzes merger with Caesars Ent.

Rumors are MGM Resorts analyzes merger with Caesars Ent.

posted on November 05, 2018 by

If the latest rumor ever became reality, the popular phrase “casino giant” would be taken to another level.

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Sports books throughout Nevada had a really bad day

Sports books throughout Nevada had a really bad day

posted on November 05, 2018 by

Sports books throughout Nevada had one of the worst days in recent memory Sunday as the public continued a recent surge in betting the NFL.

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Still speculation of a possible sale involving Caesars Ent.

Still speculation of a possible sale involving Caesars Ent.

posted on November 04, 2018 by

Speculation of a possible sale involving Caesars Entertainment isn’t going away in the wake of President and CEO Mark Frissora’s announcement that he’s stepping down.

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More than $4 million generated since the first bet  in Jersey

More than $4 million generated since the first bet in Jersey

posted on November 04, 2018 by

Early indications are confirming that sports betting will produce the tax revenue that was projected when New Jersey legalized it and started taking wagers over the summer.

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Penn National Gaming fails to reach revenue, earnings projections

Penn National Gaming fails to reach revenue, earnings projections

posted on November 03, 2018 by

Penn National Gaming Inc. failed to reach the revenue and earnings projections that had been set by analysts for the third quarter. Penn reported earnings of 38 cents per share. Analysts predicted 43 cents for the period that ended on September 30.

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N.J., Penn. casinos crossing borders into each other’s markets

N.J., Penn. casinos crossing borders into each other’s markets

posted on November 02, 2018 by

For decades after it began offering legal gambling in 1978, Atlantic City had the East Coast market pretty much to itself. And its failure to realize that situation would one day end nearly put it out of business once competition showed up.

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State rep. wants sports betting at sports bars throughout Kansas

State rep. wants sports betting at sports bars throughout Kansas

posted on November 02, 2018 by

Sports betting at sports bars throughout Kansas. That’s the plan from Jan Kessinger, a state representative from Overland Park, who introduced a sports-betting bill earlier this year.

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Mark Frissora stepping down as president, CEO of Caesars Ent.

Mark Frissora stepping down as president, CEO of Caesars Ent.

posted on November 02, 2018 by

Mark Frissora is stepping down as president and CEO of Caesars Entertainment after leading the casino giant through bankruptcy reorganization in recent years. The announcement came as Caesars was reporting net income at $110 million for the third-quarter.

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Caesars Ent. announce partnership with new Las Vegas stadium

Caesars Ent. announce partnership with new Las Vegas stadium

posted on November 01, 2018 by

Caesars Entertainment announced a 15-year partnership Thursday with the new Las Vegas Stadium, the future home of the NFL’s Las Vegas Raiders. The deal is the first between the Raiders and a gaming company.

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New Mexico lottery to offer game linked to sporting events

New Mexico lottery to offer game linked to sporting events

posted on October 31, 2018 by

The New Mexico Lottery Authority is moving ahead with plans for a new game that will be tied to the outcome of sporting events. The lottery board voted unanimously Tuesday in favor of the new game, which could go on sale in four to six months.

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Pennsylvania is approving sports betting at three more casinos

Pennsylvania is approving sports betting at three more casinos

posted on October 31, 2018 by

Pennsylvania is approving sports betting at three more casinos as it gets closer to becoming the sixth state with sports betting. Regulators on Wednesday awarded sports betting licenses to SugarHouse Casino in Philadelphia...

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So what about sports wagering in Colorado?

So what about sports wagering in Colorado?

posted on October 31, 2018 by

Colorado was out front in legalizing marijuana and also allows fantasy sports leagues, but the same isn’t true with sports betting. The state has proven to be mostly anti-gambling over the years, limiting casinos to three towns (Black Hawk, Central City and Cripple Creek) 

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Nevada sportsbooks had record-breaking month in September

Nevada sportsbooks had record-breaking month in September

posted on October 31, 2018 by

There was more money wagered ($571 million) and more money won by the books ($56.3 million) than in any other month since Nevada Gaming Control started releasing monthly reports 34 years ago.

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Boyd positioned for gaming growth

Boyd positioned for gaming growth

posted on October 31, 2018 by

Gaming Insider | Remember when Boyd Gaming was a small handful of mostly locals oriented gambling halls? Times have certainly changed as the company charged into states where gaming in some form appeared likely to emerge.

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The future of fantasy sports wagering in New York is unclear

The future of fantasy sports wagering in New York is unclear

posted on October 30, 2018 by

The future of fantasy sports wagering in New York is unclear following a judge’s ruling that it violates the state’s constitution.

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NHL partners with MGM to share data for sports betting

NHL partners with MGM to share data for sports betting

posted on October 29, 2018 by

The National Hockey League has formed a groundbreaking, multi-year strategic relationship in the sports betting category with MGM Resorts International. 

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California’s tribal casinos are threatening to sue state regulators

California’s tribal casinos are threatening to sue state regulators

posted on October 29, 2018 by

California’s tribal casinos are threatening to sue state regulators and card rooms for not enforcing rules that are supposed to give the tribes exclusive rights on certain types of casino-style gambling.

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