Nevada sportsbooks continue to show seasonal strength with one of their highest handle totals on record. Combined with record handle in New Jersey, the two largest markets in the country accounted for nearly $1 billion in sports betting handle last month. Nevada sports betting saw $546.2 million in bets during September, raking in a robust […]
Penn National Gaming might not be a household name, but it is well on its way to becoming a dominant force in the sports betting industry. At a glance, its series of new partnerships announced last week appears likely to shift the long-term balance of power in the young US sports betting market. We’re putting the […]
The fallout from Nevada‘s botched entity sports betting continued last week with a new federal complaint. The Securities and Exchange Commission (SEC) filed a complaint against Bettor Investments and its principal, Matthew C. Stuart, in Nevada District Court. The SEC previously targeted some Nevada-based entity betting operations back in September 2018, reaching settlements with Contrarian Investments […]
The NCAA finished the job this week that it started last year by permanently axing its policy banning championship games from states with legal sports betting. The move clears the way for Las Vegas and similar prime tourist destinations to host national title games in the post-PASPA world. This could include the College Football Playoff, […]
SAN DIEGO — One of legal sports betting‘s biggest names soon will launch its first operation outside its home state of Nevada. SuperBookUSA is on the verge of closing its initial deal to take its well-known brand beyond Las Vegas. That news came from SuperBookUSA and Westgate Vice President of Sports Operations Jay Kornegay during this […]
Reports of the death of Nevada sports betting in the new legal US market appear to be greatly exaggerated. Sportsbooks in the Silver State took a record-breaking $571 million in wagers in September. That appears to be the largest total in Nevada history, tracing back to the start of record-keeping in 1984. Nevada sports betting […]
The Vegas Golden Knights are embracing legal sports betting, and that seems to mean that the NHL is on board, as well. William Hill US announced on Tuesday that it had signed “a landmark, multi-year partnership” with the hockey franchise. That makes it the first team from any of the four major North American sports leagues […]