Gambling News
DraftKings Attempts Expansion Into Nevada, Massachusetts
DraftKings and FanDuel have submitted applications for licenses to operate in Nevada. The DraftKings application was submitted over a year ago, and has yet to be approved. DraftKings formed a partnership with TD Garden and Bruins to operate Daily Fantasy Sports. LAS VEGAS – Popular sports betting companies DraftKings and FanDuel are making moves to…
Read MoreOnline Gambling Market To See Huge Growth Over The Next Five Years
The online gambling market could see a huge Compound Annual Growth Rate (CAGR) increase over the next five years, projections suggest. Sports betting has played a crucial role in online gambling’s overall market growth. LAS VEGAS – The online gambling industry is predicted to have a Compound Annual Growth Rate (CAGR) of 11.94% from 2021…
Read MoreMaryland Sees Record High Casino Profits In 2021 Fiscal Year
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.…
Read MoreGlobal Casino Market Expects Value Of $160 Billion By 2027
New reports have the global casino industry expected to reach a total value of $159.3 billion by 2027. U.S. online gambling expansions as well as retail expansions have led to this influx in growth to the overall market. A drop-off after 2027 is expected to be seen once the casino markets worldwide have balanced out…
Read MoreTeam USA Basketball Roster Set For 2021 Tokyo Olympics
Team USA Men’s Basketball has announced its final roster. Kevin Durant, Damian Lillard, and James Harden are among NBA All-Stars that have committed to the team. The USA has -375 favorite odds to win the gold medal for Olympic Basketball. TOKYO – Sports betting fans who are placing action on the Olympic Games Men’s Basketball…
Read MoreIndiana Gambling Expansion Incoming With New Compact Signing
Indiana Governor Eric Holcomb has signed a new compact with Pokagon the Band of Potawatomi Indians to expand gambling in Indiana. The Pokagon Band of Potawatomi Indians will be able to add new games to their Four Winds Casino operation in South Bend. The compact is awaiting federal approval. SOUTH BEND, Ind. – Indiana gambling…
Read MoreHorse Racing Betting Handle Sees Steady Growth In 2021
Meadowlands Racetrack in New Jersey sees 11 straight $3 million Saturday handle in 2021. Racetracks were shut down in 2020 due to COVID-19. The upcoming Triple Crown events are expected to see a lot of action this year with new markets. EAST RUTHERFORD, N.J. – Horse racing betting fans have been active so far in…
Read MoreCOVID-19 Leads To Fewer Sessions, Kills Online IN Casino Bill
The online casino bill, SB 0417 died after failing to reach the committee deadline. Bill sponsor Senator Jon Ford blames COVID-19 for causing fewer committee session days. Lobbyists did not have time to properly educate Senators on online casinos. INDIANAPOLIS – Online casino gaming in Indiana has unfortunately been set back indefinitely after the promising…
Read MoreNew Google Settings Allow YouTube Users To Limit Gambling Ads
Google adds a new setting that allows YouTube users to limit the amount of gambling and alcohol advertisements they receive. The new settings were brought on by user feedback. The new features will begin being rolled out in early 2021. MOUNTAIN VIEW, Calif. – Google has just announced a new advanced settings option that allows…
Read MoreFanDuel Set To Invest Millions In Fairmount Park Racetrack
The investment will rename Fairmount Park to FanDuel Sportsbook and Horse Racing along with other improvements to the track. This is FanDuel’s first investment in a racetrack as a company and could be the first of many investments of this nature. FanDuel’s investment in Fairmount Park will also bring back the St. Louis Derby which…
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