Regulated sports betting in the United States continued its march towards credibility this week as NBC Sports announced the formation of a new division that will focus solely on gambling content. It's the first big announcement like this from a major American television network, though it's likely not the last. NBC Sports Next is the…
888 Holdings is preparing to launch a Sports Illustrated branded sportsbook in Colorado later this year. It's a bit of innovative marketing that's aimed at making the 888 Holdings brand stand out in an increasingly crowded US sports betting market where rising above the crowd is getting harder and harder. As it stands, 888 Holdings…
Florida Governor Ron DeSantis signed a bill this week that will bring regulated sports betting to the United States' third most populous state. It's a move that some lawmakers say will fill gaping holes in the state's budget. Other lawmakers, however, say that the bill is far too generous to the Seminole Indian Tribe, which…
Nevada gaming regulators have approved most of the state's big casinos to reopen at 100 percent capacity as of this week. It's a huge milestone that will hopefully put Nevada's beleaguered gambling business back on the path to security and prosperity after 14 months of pandemic-driven instability and chaos. Under the terms set by the…
One of the most stark and jarring images of the early pandemic lockdown were those of the abandoned, lifeless Las Vegas Strip. The always bustling Strip looked like a scene from a zombie apocalypse movie as casinos shuttered their doors and tourists were nowhere to be found. But that awful chapter of the pandemic is…
Caesars Entertainment's recent purchase of the UK operator William Hill came with some extra baggage that's just not needed when your goal is dominating the US market. That excess baggage comes in the form of 1,400 retail betting shops scattered throughout the UK, and it's set to be auctioned to the highest bidder in the…
Regulated sports betting in the United States has been an unmitigated success as decades of pent-up demand is unleashed during every big US sporting event. The NCAA basketball tournament (AKA "March Madness") was a perfect example of how those big events drive big handles, and big revenue numbers. Just take a look at what happened…
Regulated sports betting is coming to the state of Florida after Governor Ron DeSantis signed a deal with the Seminole Indian Tribe that ushers in a major expansion of gaming throughout the state. It's a deal that will also put a minimum of $500 million a year in state coffers for the next 30 years.…
Caesars Entertainment has completed its blockbuster William Hill acquisition after months of negotiations and legal wrangling. The $3.7 billion (USD) deal will see Caesars taking over William Hill's sports betting operations in the United States and puts the company in a position to dominate the rapidly growing regulated US sports betting market. The deal was…
Unregulated gambling devices are a threat both to consumers and critical state tax revenues. That's the main takeaway from a recent report by the American Gaming Association (AGA) titled, Skilled at Deception: How Unregulated Gaming Machines Endanger Consumers and Dilute Investments in Local Economies. Though the title is a mouthful, the white paper is blunt…
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