Industry

Although betting on sporting events is now legal within its borders, the Gaming Control Board has announced that Louisiana online sports betting is not quite ready for the public. The state approved and legalized sports wagers back in June, and land based sports betting launched earlier this month. Despite this, however, the regulation of gambling
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The complex and far reaching consequences of Florida sports betting may finally come to an end this Monday, as a Federal Judge says she will most likely issue her summary judgment on this matter by November 15th. You may recall that this case began in May when the state of Florida entered into an agreement
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This week’s gambling news finds both Caesars Entertainment and MGM Resorts looking to sell Las Vegas Strip casinos! MGM plans to sell The Mirage, while Caesars has yet to name which Strip casino they plan to move. But why sell any of their Las Vegas casinos when Nevada is in the middle of such a
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Things have been rocking in Sin City as the recovery from the pandemic continues, but one Strip casino is on the chopping block. Which one? No one knows just yet… not even Caesars Entertainment. Despite a robust jump in revenue over last year, the company as a whole still expects to see a net loss
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Online gaming platforms have become popular in the recent past. Each venue offers a variety of games that individuals can play for fun or money. The platforms are run by companies that have established their network in different countries or states. Each gaming platform has its own rules and regulations. The majority of the platforms
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At a time when we’re seeing record gambling revenues from Las Vegas to Atlantic City, we may lose sight that Colorado and Tennessee sports betting are also doing well. Actually, Colorado just set a new record for their sports betting handle with just over $408 million in the month of September. The monthly revenue for
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H Advertising aving a Strip property is not a priority for Penn National Gaming’s growth strategy, Penn President, CEO and Director Jay Snowden revealed on Thursday. “Generally speaking, I don’t think it’s imperative that we have a Las Vegas Strip asset given the approach we have around (developing an omnichannel operation),” Snowden said to investors,
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MGM Resorts brought on over $2.7 billion in revenue for the third quarter of this year. However, the company still wants to sell their Mirage Casino and Hotel property on the Las Vegas Strip. Their announcement does come as a bit of a surprise if you consider the earnings report they just released showed revenue
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M Advertising GM Resorts International has shared its third-quarter report. The gaming giant posted consolidated net revenues of $2.7 billion, an increase of 140% versus the prior-year quarter. The Q3 2020 was negatively affected by temporary closures at certain MGM Resorts properties due to the COVID-19 pandemic. The casino operator also advanced its asset-light strategy,
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A s the latest operator to enter the newly formed Connecticut sports betting market, Sportech opened this week with three venues in sports bars across the state, as announced by the company on Monday. After unsuccessfully applying for a sports betting license in Connecticut, the technology firm agreed on a 10-year exclusivity deal with the Connecticut
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Gambling news is fast and furious this week, as Florida sports betting is at the center of a war between politicians, the Seminole Tribe, and sports betting providers like FanDuel and DraftKings! Everyone is choosing sides, with millions of dollars invested and billions of dollars at stake! And the outcome could have consequences for gambling
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