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A phrase cropping up a lot in public discussions and articles about regulated US sports betting and New Jersey in particular it is, we are “just in the first innings.” That should be borne in mind when reading this article. It looks at just the first two months of sports betting data from the New Jersey Division of Gaming Enforcement. This is a very…
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Reports of the death of Nevada sports betting in the new legal US market appear to be greatly exaggerated. Sportsbooks in the Silver State took a record-breaking $571 million in wagers in September. That appears to be the largest total in Nevada history, tracing back to the start of record-keeping in 1984. Nevada sports betting hit its previous high of $565 million in October…
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State Representatives Cole Wist, R-Centennial, and Alec Garnett, D-Denver, want to put Colorado sports betting to a statewide vote in 2019. That likely would mean no sports wagering until 2020. Wist believes that state legal sports betting is an easy decision. He told the Denver Post: “It seems to me it’s a no-brainer. We should have the conversation to see if this is something…
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Welp, the Legal Sports Report crew didn't win the Mega Millions jackpot this week. And you better believe we tried. Maybe not as hard as this guy, but we tried. Our loss is your gain, though, as we've retained our day jobs reporting on the sports betting industry. So instead of spending Friday afternoon picking out upholstery for our new private jets, we're here scribbling…
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If Louisiana wants to gauge residents’ temperature on sports betting, the state’s top gaming regulator says to use the November vote on daily fantasy sports as a starting point. “The same kind of people that play fantasy sports are the kind, at least a portion, that are going to bet on sports,” Jones told the Senate Judiciary B Committee on Wednesday. The seven-member committee…
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Ready or not, legal sports betting is taking root inside US sports venues. William Hill announced Thursday a partnership with the New Jersey Devils that includes a physical presence at Prudential Center. A newly branded sports lounge will open in the main concourse of the arena in the coming weeks. This deal is the second between an NHL team and a sports betting company in the last…
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Tropicana Casino & Resort in Atlantic City launched its sportsbook Thursday, bringing a ninth operator into New Jersey sports betting. William Hill operates the new sportsbook at Tropicana, and threw open the doors in time for the second half of football season. Bets will be taken in the North Tower Casino for now, while a new 5,000-square-foot sportsbook is built out. The casino also…
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The American Gaming Association (AGA) is reporting that the NBA and MLB will get a $1.7 billion revenue increase from legal sports betting. In total, the AGA anticipates legal sports betting will boost profits for the four major pro leagues by $4.2 billion. The AGA bases the forecast on work done by Nielsen Sports. This adds to the figures previously published for the NFL and…
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Football wagers took off in September as expected, helping Mississippi sports betting to a robust second month of revenue. The first full month of football betting led to nearly $4 million in revenue for Mississippi casinos, according to information from the Mississippi Gaming Commission. With little football on the calendar in August, this month became the one to watch as gridiron action took off…
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