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The AGA Estimates $15.5 Billion Will be Wagered During March Madness
The popularity of bracket-filling is not lost on the AGA either. According to the survey, an estimated 56.3 million people plan to participate in a bracket contest while 31 million Americans will bet online with a sportsbook and another 21.5 million will exchange wagers casually with friends.
03/14/2023
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WWE Seeking Approval in Two States for Legal Betting on Planned Fight Outcomes
The company is collaborating with accounting firm Ernst & Young (EY) to ensure that results of the matches cannot be prematurely leaked to the public. All WWE results are determined beforehand, meaning that the matches are effectively uncompetitive despite being branded as professional wrestling.
03/13/2023
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Kentucky Republican Gubernatorial Candidates Show Support for Sports Betting
Three three figures in question are Kentucky Attorney General Daniel Cameron, Agriculture Commissioner Ryan Quarles, and Somerset Mayor Alan Keck. All agreed that sports betting’s increasing popularity has led to the rise of illegal gambling markets that the state should take control over.
03/09/2023
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Black Mesa Casino Withholding $542k Prize from 74-Year-Old Veteran
Tommy Wilson of Las Cruces said he hit the jackpot on February 25th, according to the Albuquerque Journal. The casino’s management retorted that the slot machine that was used to win the massive prize malfunctioned, meaning that the win does not count and will not result in a payout.
03/08/2023
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Caesars Building New Harrah’s Casino, Record-Breaking Racetrack in Nebraska
While customers will have to wait until the new year to experience all that Harrah’s has to offer, the worldwide gaming giant is breaking the monotony with a temporary casino at AG Park in Columbus. That facility is expected to open this spring and will have 200+ casinos and horse racing simulcasts.
03/07/2023
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Snoop Dogg Joins Forces With Cryptocurrency Gaming Platform Roobet
Roobet launched in 2019 as a division of Raw Entertainment B.V. Part of its goal is to be an innovator in gaming as it expands into the world of cryptocurrency amid the development of Web3.
03/05/2023
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Ohio Becomes Fifth State With Sports Betting Handle Above $1 Billion
The Ohio Casino Control Commission (OCCC) revealed the final figures Tuesday. In addition to the massive handle, sportsbooks combined to earn $208.9 million in revenue. The 16 online operators produced $205 million of that total, compared to $3.2 million in revenue at 14 local sportsbooks.
03/01/2023
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New York Commission Approves Tighter Sports Betting Advertising Regulations
Following a series of legislative proposals, discussions, and analyses of the market, the Big Apple is enforcing restrictions on advertising to underage persons and college students. The rule change received unanimous approval and is just another instance in a series of advertising regulations.
02/28/2023
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Drake Forfeits $400k as Jake Paul Loses Boxing Match to Tommy Fury
Paul entered the fight with a 6-0 professional record, which included wins over MMA stars Tyron Woodley, Ben Askren, and most recently, Anderson Silva. He was a small favorite in sportsbooks but a large favorite in pre-fight trash talk to defeat Fury, the younger half-brother of heavyweight champion Tyson Fury.
02/27/2023
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Professional Sports Teams Try Again for Legal Sports Betting in Missouri
Among the attendees were St. Louis Cardinals President Bill DeWitt III, who has been an outspoken supporter of many failed movements to legalize sports betting in The Show-Me State. He encouraged senators to combine parts from the bills in a massive overhaul to the gaming ecosystem.
02/23/2023
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