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NJ Casino, Sports, Online Gambling Revenue Up 15% in May
New Jersey’s casinos, horse tracks that offer sports betting and the online partners of both types of gambling outlets won $430.6 million from gamblers in May, up 15% from a year earlier, new figures show.
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NJ Casino, Sports, Online Gambling Revenue Up 15% in May
New Jersey gambling regulators say the state’s casinos, horse tracks that offer sports betting and the online partners of both types of gambling outlets won $430.6 million from gamblers in May, up 15% from a year earlier.
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NJ Casinos Pass Pre-COVID Pandemic Revenue Levels in April
New Jersey’s casinos, horse tracks that offer sports betting and the online partners of both types of gambling outlets won $422 million from gamblers in April, up 20% from a year earlier. And the casinos’ core business, revenue won from in-person gamblers, surpassed the level of April 2019, before the coronavirus pandemic hit, an encouraging metric for Atlantic City’s brick-and-mortar...
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US Casinos Had Their Best Month Ever in March, Winning $5.3B From Gamblers
Inflation may be soaring, supply chains are snarled and the coronavirus just won’t go away. But America’s casinos are humming right along.
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Stadium Developer Plans $3 Billion Sports Arena and Casino Project in Las Vegas
The new project, from Tim Leiweke’s Oak View Group, aims to be ready for an NBA team if one ever comes to Las Vegas.
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Meet the Women Who Are Shaking Up the Male-Dominated Gambling Industry
FanDuel CEO Amy Howe and Entain’s chief, Jette Nygaard-Andersen, are making the gambling industry rethink some key issues.
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NJ Bill to Give Atlantic City a Cut of Sport Betting Taxes Advances
New Jersey lawmakers are considering a measure to cut Atlantic City in on taxes being generated from the state’s thriving sports betting market.
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Two Years Ago Stocks Dropped 12% in a Single Day. Here Are Lessons Investors Learned That Can Still Apply
The initial onset of Covid-19 sent shocks through U.S. markets in 2020. Here’s what investors can still take from that experience today.
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How Big is March Madness? The Stats and Facts You Should Know
Here’s everything you should know about March Madness, a.k.a. the NCAA Division I men’s basketball tournament, from when it started to how many people watch and how much they’re wagering.
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Pa. Lawmaker Wants to Raise Slot Jackpot Tax Report Threshold to $5,000
The gambling industry and some of its allies in Congress are renewing a push to decrease the number of slot machine jackpots that get reported to the IRS
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DraftKings CEO Dismisses Stock Plunge, Says It's a ‘Wild Market Right Now'
“In the meantime, we’ve just got to keep doing our thing and hopefully the market will catch on,” CEO Jason Robins told CNBC on Friday.
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Super Bowl Betting Is Expected to Top $7.6 Billion. Don't Forget the Taxman If You Win
No matter where you place your bet, the IRS expects you to come clean at tax time if you win.
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Record Number of Americans Expected to Bet on Super Bowl LVI
The American Gaming Association says a record 31.4 million Americans are expected to bet on the 2022 Super Bowl.
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Super Bowl Predicted to Have the Hugest Audience Yet — and Record Bets, Too
The 2022 Super Bowl between the Cincinnati Bengals and the Los Angeles Rams could reach 117 million viewers, according to demand-intelligence company PredictHQ.
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LA Nun Sentenced to Prison for $800,000 Theft to Pay for Gambling Habit
A Los Angeles nun and school principal who stole more than $800,000 to pay for a gambling habit was sentenced Monday to a year in federal prison.
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Super Bowl Betting Breakdown: The Wacky World of Proposition Bets
You’ve probably heard before that the Super Bowl is the most gambled-on sporting event in North America. Over the last five years the average amount bet on the big game is $146.6 million … and that’s only counting wagers legally placed with American sports books.
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Furniture Mogul ‘Mattress Mack' Places Record-Setting $4.5 Million Bet on the Bengals to Win Super Bowl
Texas furniture mogul “Mattress Mack” has made the biggest mobile sports bet in U.S. history, by wagering the Cincinnati Bengals will win Super Bowl LVI.
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Mega Millions' Jackpot Is $421 Million. What to Do If You Land That Windfall
If you end up beating the odds and winning the top prize in Friday night’s drawing, here are some tips for what to do first.
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New York Rangers Star Henrik Lundqvist Reflects on What's Next After Jersey Retirement
New York Rangers goalie Henrik Lundqvist talks about what’s next following his pro hockey career.
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Pennsylvania Set State Record for Gambling Revenue in 2021
Pennsylvania has set another annual record for gambling revenue in the era of online gambling and sports betting