Sportsbooks Are Gearing Up For Biggest Sports Betting Season Yet

Sports Betting Stocks

The sports betting market is a rapidly expanding and likely fastest growing industry in recent U.S. history. Multiple sportsbook providers are gearing up for this football season to be their biggest one yet. LAS VEGAS – The sports betting industry seems to be one of the quickest expanding industries in the United States right now.…

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DraftKings Outperforms Competitors In Indiana For August Handle

Indiana Sportsbook

The Indiana Gaming Commission’s (IGC) sports betting report shows DraftKings collected the most handle in August with $74.2 million. FanDuel on the other hand, boasted $52.6 million for wagers taken in August. FanDuel was able to generate more revenue than DraftKings despite having a smaller handle because they had fewer winners for the month. INDIANAPOLIS…

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Caesars Entertainment Strikes Deal Regarding Indiana Casino

Caesars Southern Indiana

Eastern Band of Cherokee Indians make a $250 million purchase of Caesars Entertainment Casino in Indiana. This acquisition is to help with the expansion of various forms of gaming at the Indiana venue. LAS VEGAS – The Eastern Band of Cherokee Indians (EBCI) has struck a deal with Caesars Entertainment for the ownership of ‘Caesars…

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Alabama Citizens Urged To Call Legislators About Gambling Law

Alabama Horse Racing

Alabama citizens are being urged to call their legislators and request a comprehensive gambling and lottery law. Alabama does not have a history of being open to expanding into gaming markets, MONTGOMERY, ALA. – The Alabama Track Owners Association (ATOA) is making their voice heard on the issue of gambling in Alabama. A Call To…

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Rhode Island Sportsbooks See Surge In Revenue Year-Over-Year

Rhode Island Sports Betting

Rhode Island sportsbooks posted 828.6% more revenue in July 2021 than they did in July 2020. July 2021 saw RI sportsbooks make over $3.3 million in revenue for the month. PROVIDENCE, R.I. – Rhode Island is doing surprisingly well for itself in the sports betting industry considering it only has two retail casinos in the…

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MGM Resorts Institutes New Vaccination Mandate For Employees

MGM Resorts Requires COVID-19 Vaccine for Employees

All new hires and salaried employees will be expected to show proof of vaccination by the end of the year. MGM stocks fell 4% after announcing the new vaccination mandate policy. LAS VEGAS – MGM Resorts International will soon be instituting a required vaccination policy for all of its current salaried and future employees. Part…

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Maryland Sees Record High Casino Profits In 2021 Fiscal Year

Maryland Casino

Maryland casinos outperformed all previous fiscal years in 2021. Profits from Maryland gaming go to the Maryland Education Trust Fund among other great programs. Maryland Lottery paid out millions more in prizes to players than in previous years. ANNAPOLIS, Md. – The casino gaming industry has experienced a record-breaking high in the 2021 fiscal year.…

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Is The Newly Passed Florida Gaming Compact In Legal Danger?

Seminole Tribe Hit with Lawsuit

No Casinos Inc. is preparing a lawsuit over the recent Florida-Seminole gaming compact. The Department of the Interior allowed the new Florida-Seminole gaming compact to pass. The compact will generate $2.5 billion revenue sharing over five years. TALLAHASSEE, Fla. – Florida stands on the precipice of swinging the doors to gaming wide open. With the…

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Caesars Entertainment Renders Unto Bettors New Incentives

Caesars Entertainment's Online Sports Betting Platform

New players get a risk-free first bet worth up to $5,000. Players earn Reward Credits after every bet via the Caesars Reward Program. The company is willing to make a 10-figure investment into its online sportsbook offering. LAS VEGAS – A brand new marketing campaign has surfaced to promote the rebrand of Caesars Entertainment’s online…

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New TN Sports Betting Applications Unaffected By Regulatory Changes

Tennessee Sportsbooks

Three new Tennessee online sportsbooks may be added this year. Sports betting regulatory responsibilities in TN will change hands by 2022. The Sports Wagering Advisory Council is hoping to have an executive director by September. NASHVILLE – Later this week, three online Tennessee sports betting operators will be contacted by the Tennessee Education Lottery regarding…

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