News
March Madness Betting Rocked Markets Last Year, What’s to Come this Time?
By: Grant MitchellThe 68-team bracket will be unveiled on “Selection Sunday” March 12, and the games begin on March 14. The American Gaming Association’s pre-tournament estimates before last year’s tournament suggested that over $3.1 billion in wagers would be placed, and that figure is expected to rise again this year.
02/22/2023
NewsLas Vegas Gaming Companies Represented on Annual List of Most Overpaid CEOs
By: Grant MitchellMembers of Penn Entertainment, Las Vegas Sands, Caesars, and Wynn were all named four of the most overpaid members of the gaming industry. Penn Entertainment CEO Jay A. Snowden had the highest ranking of the bunch (third) and was paid just under $66 million, compared to average employee salaries of $33,930.
02/21/2023
NewsGeorgia Policymakers Look to Legalize Sports Betting Without Usual Vote
By: Grant MitchellState constitutional amendments require the aforementioned two-thirds vote. However, the officials in question are pushing bills in both chambers of congress that would create a legal sports betting market by statute. This only requires a majority vote instead of the full two-thirds support.
02/20/2023
NewsDrake Drops $1 Million on Chiefs to Win Super Bowl, Kelce MVP, and More
By: Grant MitchellIn a post shared on his Instagram, he revealed his “psychotic” bets that could win a total of over $4.5 million. Among his many bets, he is riding with Patrick Mahomes and the Kansas City Chiefs to defeat the Philadelphia Eagles and secure their second Super Bowl in four years.
02/11/2023
NewsSuper Bowl LVII Betting Expected to Produce Another Record Betting Handle
By: Grant MitchellThe Kansas City Chiefs and Philadelphia Eagles head into what should be an ultra-competitive Super Bowl LVII as the top seeds from their respective conferences. More importantly—for sportsbooks, at least—Philadelphia’s home state of Pennsylvania has legal sports betting, while nearby Kansas also accepts legal wagers.
02/10/2023
NewsMassachusetts Regulators Reviewing Casinos’ Sports Betting Catalog Compliance
By: Grant MitchellThe full details are not immediately available, but Massachusetts Gaming Commission (MGC) agenda item says they are being investigated for “compliance with the Approved Massachusetts Sports Wagering Catalog.” It is unknown what the repercussions, if they are any, could be.
02/09/2023
NewsThe Super Bowl “Script” Sees Shortened Odds for a 37-34 Eagles Win Over the Chiefs
By: Grant MitchellJoked that the league had a script on how the season would play out before it even began. A now-suspended Twitter account posted a picture of the supposed script, which said that the Philadelphia Eagles would beat the Kansas City Chiefs 37-34.
02/08/2023
NewsLos Angeles Rams Running Back Wins Over $500k Playing Poker in Las Vegas
By: Grant MitchellRonnie Rivers, 24, won $514,837 playing three-card poker while in town to celebrate his and his mother’s birthday. Local television station KTNV reported that Rivers produced a royal flush between his three cards and the dealer's three cards to secure the “Mega Progressive Jackpot.”
02/07/2023
NewsNew York Governor Will Use Casino Tax Revenue to Help Transportation Crisis
By: Grant MitchellHochul shared her intent Wednesday during the reveal of a 2024 budget plan. The MTA, which includes the state subway and bus transits, is down roughly 40% on pre-pandemic levels, and could receive an extra $1.3 billion in attention.
02/03/2023
NewsMassachusetts Sports Betting Finally Launches in Three Local Casinos
By: Grant MitchellPlainridge Park Casino, MGM Springfield and Encore Boston Harbor helped launch the new legal sports betting market after being previously approved as operators. Massachusetts is now the 33rd state with a legal and live sports betting ecosystem.
02/02/2023
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