Keith Whyte, executive director of the National Council on Problem Gambling, said there are valid concerns that the pandemic is worsening the problem of compulsive gambling. The problem is so severe that the organization released a statement on problem gambling during the pandemic.
Read More . . .
The New York sports betting market has reported a record in its revenue in January 2021 with a combined $3.570 million collected from their four upstate commercial gaming facilities.
Read More . . .
Todd Blanken is the second person to plead guilty since then-President Donald Trump pardoned Casey Urlacher, the Mettawa mayor also charged in the case who is now running for reelection.
Read More . . .
Gov. Ned Lamont released his two-year state budget Wednesday and he allotted $47.3 million in tax revenue from the second year of expanded gambling, according to a report from the Hartford Courant.
Read More . . .
Indiana set a new state record for sports wagering handle in January 2020 at $348.2 million with the vast majority of it done through online betting. It was the fifth consecutive month that Indiana sports betting handle set a record.
Read More . . .
One of the most popular props to bet on during the Super Bowl was the total for Tom Brady's rushing yards and that's because the Over/Under was set at a half-yard. If you bet the Over and Brady rushed for just ONE yard, you win the bet.
Read More . . .
5Dimes has taken another step toward legitimacy, announcing it has been licensed in the Isle of Man. The move comes four months after reaching a deal with the US Department of Justice to stop servicing American clients as an illegal offshore sportsbook.
Read More . . .
Virginia’s fledgling sports betting industry will expand to become one of the largest US markets, capable of generating more than $5bn in annual wagers, $400m in annual operator revenue, and $60m in annual state taxes by the market’s third year, according to estimates by PlayVirginia.com.
Read More . . .
A Texas businessman, known by customers as "Mattress Mack," placed the biggest bet on the Super Bowl this year, according to the sports-betting news site ActionNetwork — and he won millions.
Read More . . .
BetMGM, which launched its mobile sports betting app in Michigan last month in addition to its retail location at MGM Grand Detroit, figured it might as well team up with one of the state’s legendary professional athletes. The company announced it signed a multi-year deal with Hall of Fame Detroit Lions running back Barry Sanders as a celebrity ambassador.
Read More . . .
Penn National Gaming’s Barstool Sportsbook attracted plenty of attention recently by reporting a hold percentage around 20% from Pennsylvania customers in December, and it didn’t escape the notice of financial analysts.
Read More . . .
It should’ve been the night to lure new customers onto their platforms. Instead, technical disruptions and crashes left the biggest sports gambling platforms cringing and scrambling to solve unexpected problems.
Read More . . .
