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Red Sox Executive Makes Push For Legal Massachusetts Sports Betting
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There are now 20 states and counting offering some form of legal sports betting within their borders. Many more states have legislation on the table that would pave the way for legalization in the coming months. Massachusetts sports betting would fall into the latter category with a heightened sense of urgency to get that legislation…
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Sports Betting in Virginia to be Regulated by State Lottery
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The state of Virginia continues to move closer to legalizing sports betting within its borders. Earlier this month, state lawmakers passed regulations governing control of legal sports betting. The Virginia State Lottery will fill that role. Play with a Virginia Lottery promo code. As the official regulatory body, the Virginia State Lottery was given the…
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What is The Definition of a Legal US Sportsbook?
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Before May of 2018, the only legal sportsbooks in the United States were all located in the state of Nevada which has opened up for online sportsbooks like BetMGM and William Hill. Sports betting was considered to be illegal in this country according to the federal government with the exception of that lone grandfathered state.…
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Eldorado Resorts Receives Approval in New Jersey to Acquire Caesars
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One of the biggest deals ever in the casino industry moved one big step closer to closing. The final hurdle facing Eldorado Resorts’ proposed acquisition of Caesars Entertainment Corp. was approval from the New Jersey Casino Control Commission with online casino giants like BetRivers, Borgata, and Unibet already operating in the state. Following two days…
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Investing in The Emerging US Sports Betting Industry
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Betting on sports and sporting events has always been a deep part of the culture in the US and around the world. Limitations in the US drove most bettors to offshore sportsbooks catering to this lucrative market. The only land-based sportsbooks were located in Nevada casinos. That all changed in May of 2018 due to…
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New Jersey Monthly Sports Betting Revenue Remains on the Rise
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No MLB, NBA and NHL betting, no problem for New Jersey sportsbooks. According state gaming figures for June, the total sports betting handle in the Garden State topped $165 million last month. This figure is even more impressive since it reflects a 40 percent increase over May’s sports betting handle and sportsbooks such as BetMGM…
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