Americans may lag behind the rest of the world when it comes to soccer fandom, but the American Gaming Association (AGA) predicts that as many as 20.5 million Americans will collectively wager $1.8 billion on the 2022 FIFA World Cup. This particular prediction comes courtesy of the AGA's first-ever survey on World Cup wagering. So…
The US gaming industry had its highest earning quarter to date in Q3 2022. That marks the second time this year that the business has broken its own revenue record and the future looks just as good, or better, for US-facing operators. All told, US operators took in an astonishing $15.17 billion in revenue for…
Late last week a federal arbitrator in New York issued a ruling allowing the Fox Corporation to exercise an option to purchase a stake in the sports betting operator FanDuel. The decision is the end result of a complicated business deal that allows Fox Corporation to purchase 18.5 percent of Flutter Entertainment-owned FanDuel. At the…
Houston furniture dealer Jim McIngvale (aka, Mattress Mack) won $75 million this weekend this weekend when the Houston Astros won the World Series in games against the Philadelphia Phillies. Mack’s $30 million wager on his hometown favorites to win baseball’s big prize puts him in the history books as the biggest US sports bettor ever,…
It's no secret that the booming regulated US sports betting industry is extremely cyclical. While Americans love wagering on sporting events all year round, American football season is when the bulk of the action takes place, as Colorado's recently released gaming revenues for September, 2022 prove without a doubt. According to the Colorado Department of…
Caesars Entertainment Inc. will be holding on to all of its Las Vegas properties, and won't be spinning off its digital unit as a standalone company just yet. Those are the two main takeaways from the company's recent Q3 earnings call to investors, which took place earlier this week. Earlier in 2022, company officials had…
2022 is a truly miserable year in many places throughout the world, but the casinos of Nevada are having a much better time than most. Nevada's gaming industry hauled in $1.25 billion in revenue to make September 2022 one of the best months in a year full of record-shattering casino revenue hauls. According to the…
If you've ever been walking down the Las Vegas Strip and heard a bunch a bros telling each other, "You're so money baby and you don't even know it," then you'll understand why Caesars Entertainment recently hired actor Vince Vaughn as a celebrity spokesman. Vaughn, who portrayed Trent Walker in the 1996 movie Swingers will…
New Yorkers like to boast that their city has everything, but that's not quite true. The City That Never Sleeps has never has a regulated casino and Caesars Entertainment is looking to change that as they unveil plans to develop a regulated casino at 1515 Broadway - right in the heart of Times Square. The…
The battle against problem gambling isn't one that's going to end anytime soon, but a recent collaboration between Swedish operator LeoVegas and a major Swedish research institution could move everyone a few steps closer to a solution. LeoVegas announced earlier this week that it is providing raw data to the Karolinska Institutet’s Department of Clinical…
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