A lot more Americans will be doing just that as sports betting becomes legal in more and more states.But that doesn't make it a good idea to place a wager on casino stocks, which face stiff competition in the multi-billion dollar industry from racetracks, overseas operators and new entrants like fantasy sports operators
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The American Gaming Association’s annual report says area casinos generated $1.77 billion in 2017 gaming revenue, moving Maryland past New York, whose casinos brought in $1.57 billion last year.
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The Nevada Gaming Commission unanimously rejected a stipulated settlement with sportsbook operator CG Technology Thursday, saying the agreed upon fine of $250,000 was “too low” and further disciplinary action could possibly amount to a license “revocation.
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Penn National Gaming Chief Executive Timothy J. Wilmott is betting the house will continue winning, buying $3.1 million in shares of the regional gambling company in the biggest inside purchase in at least 15 years.
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When MGM Springfield opens its doors on Aug. 24, the $960 million facility is aiming to offer a little something for everybody, whether you are looking to try your luck or not.
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Beginning gamblers often face difficulties when starting playing both offline and online casino games due to lack of confidence and skills. It’s hard for them to make one or another decision which usually leads to failure or even loss of a great amount of money.
Read More . . .There’s no question that Week 3 of the NFL preseason every year is the one that most closely resembles the regular season. Most starters should play at least the first half on every team – some veteran quarterbacks like Drew Brees or Tom Brady or Ben Roethlisberger can be exempt.
Read More . . .So with sports gambling now legal in six states with more to come, what’s going to happen to the illegal sports bookie?“‘It’s simple human nature, or economics 101,” he said. “If you can get the product at a cheaper price, you are going to get it at the cheaper price if that’s all you can afford.”
Read More . . .On Sunday night, the legendary former ESPN and CBS Sports announcer confirmed to Sporting News he has been approached about co-starring on a new sports betting show on FS1 this fall, but Musburger said there's no concrete offer on the table
Read More . . .Already a hot-button issue in the United Kingdom, a controversial bookmaking practice is starting to spread in the U.S.'s growing legal sports betting market, too. Bookmakers from London to Las Vegas are refusing to take bets from a growing number of customers whose only offense might be trying to win.
Read More . . .The A’s have had the best record in baseball since June at 45-22, putting Oakland just one game behind the Houston Astros for the lead in the American League West, and giving them a 3.5 game cushion over Seattle to hold on to the second wild card playoff spot.
Read More . . .Concerned that expanded sports gambling will bring additional costs for ensuring their games are on the up-and-up, college athletic departments are looking for a way to get a piece of the action.
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