News

The Pennsylvania Gaming Control Board this month awarded an online gambling license to Sands Casino Resort Bethlehem and to another casino. However, in the biggest news of all perhaps, licenses to operate Pennsylvania’s first legal sports books were awarded to the operators of the Parx Casino in Bensalem.

In June 2019, the Garden State of New Jersey overtook Nevada in terms of both handle and revenue, and it’s been widening ever since. From May 2019 to August 2019, New Jersey’s sportsbooks beat out Nevada sportsbooks in three of four of those months. In August 2019 alone, New Jersey’s sportsbooks took in $293.5 million in bets, and $25.5 million in revenue, beating up on Nevada’s $288 million and $18.7 million respectively.

According to a recent market research report published by Transparency Market Research, the global online gambling market is expected to reach a value of US$ 128.2 billion by 2026, increasing at a compound annual growth rate (CAGR) of 11.8% to 2026. While in 2017, Europe held the leading share of the global online gambling market,

FanDuel Sportsbook has introduced a bold new feature that will ensures it keeps one step ahead of the mobile sportsbook competition in the lucrative New Jersey sports-betting market. Last week, FanDuel launched to its mobile app and also released on its website, a "Cash Out" option.

Way ahead of schedule, West Virginia’s Hollywood Casino at Charles Town Races is preparing to launch their live online mobile betting app in the coming weeks. While crowds have flocked to take part in legal West Virginian sports betting onsite at the casino, the launch of the mobile app