Articles by: Grant Mitchell
Sportsbooks Win Big Thanks to Packers, Texans Wild Card Upsets in NFL Playoffs
By: Grant MitchellThe expectation is that the increase in bets will continue through the Super Bowl, which the American Gaming Association estimated last year produced over $16 billion in bets from 50 million Americans. If future results match last weekend’s, it will be a profitable year for the books.
01/16/2024
IndustryVirginia Considering New Bill to Allow In-State College Sports Betting
By: Grant MitchellSenate Bill 124, presented on Wednesday, January 10, would allow both in-state residents and travelers to place wagers at legal sportsbooks on games involving local schools. That includes popular teams such as Virginia Tech, the University of Virginia, James Madison University, and more.
01/15/2024
LegalNew York Proposal to Expedite Casino Build Fails to Register Support During Vote
By: Grant MitchellMayor Eric Adams’ office showed support for a new measure that would allow casino-build projects to commence without falling victim to the land-use review, which has spelled the end of many previous proposals. However, Manhattan Community Board 6 voted Wednesday 39-1 against the idea.
01/12/2024
Casino NewsNick Saban’s Retirement to Inspire Sports Betting Change in the South?
By: Grant MitchellSaban was not only responsible for leading his teams to six national championships, but he completely changed the economics of the University of Alabama and the state itself. His departure will lead to an inevitable power shift within the region across multiple industries.
01/11/2024
IndustryFanDuel, Gronkowski’s “Kick of Destiny” Returns for 2024 Super Bowl
By: Grant MitchellLast year, FanDuel users could win a share of $10 million in bonus bets as long as Gronk attempted the field goal. This time, users must pick in their mobile sportsbook app whether or not the four-time Super Bowl champion will split the uprights or push his kick wide.
01/09/2024
IndustryNew York Reports Record Setting Online Sports Betting Returns in 2023
By: Grant MitchellThe New York State Gaming Commission revealed in its final report for 2023 that the state generated more than $1.69 billion in gross gaming revenue (GGR) from more than $19 billion in sports bets which resulted in $861 million in tax funding for the state.
01/08/2024
IndustryEx-Gun Lake Casino Employee Sentence to Prison, Will Pay $80,000 in Restitution
By: Grant MitchellJordan Lewis Cook, 26, will also have to pay back $84,564 in stolen funds he took from cash-out machines on the casino campus. He will undergo two years of supervised release once he completes his four-month stay in prison.
01/05/2024
Casino NewsNorth Carolina Receives Seven Online Sports Betting License Applications
By: Grant MitchellNorth Carolina legalized the expansion to online sports betting in 2023 with a law that will go into effect on Jan. 8. The state expects to launch the newly-expanded market by June 14 but has not provided an official date, though that date is not expected to fall before the Super Bowl.
01/04/2024
IndustryWhat to Expect from NFL Betting During the Playoffs and Super Bowl LVIII
By: Grant MitchellOf the nine teams that have clinched playoff berths, five are from legal sports betting jurisdictions, and of the 11 that are still alive for a spot, eight are from states with a legal sports betting market.
01/03/2024
IndustrySuper Bowl LVIII Helping Las Vegas Grow as a Sports (Betting) Giant
By: Grant MitchellNevada's largest city has long been the epicenter for high-roller wagering and lavish festivities. However, its multi-layered commitment to growing its sports culture has put it in a powerful position amid the dominant rise of American legal sports betting.
01/02/2024
Industry- US Legal Sports Betting
- Grant Mitchell