US Leads World in Gambling Losses with $116.9B Annually

The US leads the world in gambling losses with $116.9 billion annually, according to a recent study from WorldAtlas. China is a distant second at $62.4 billion, followed by Japan ($24.1 billion), Italy ($19 billion), Australia ($18.3 billion), and the UK ($18 billion). About 62% of Americans surveyed by WorldAtlas said they had gambled at […]

James Foglio  •  16 Sep 2024
The Illinois Gaming Board unanimously voted to renew Rivers Casino’s gaming license

Last week, the Illinois Gaming Board (IGB) renewed Rivers Casino’s gaming license along with Hawthorne Race Course’s master sports wagering license. The IGB unanimously voted 4-0 in favor of the renewals that will run for another four years. Rivers Casino is licensed through August 2028 and Hawthorne in September of the same year. Of the […]

Zach Wolpin  •  16 Sep 2024
Riverside Resort & Casino Notifies Customers of Data Breach

Riverside Resort & Casino in Laughlin, Nevada, reported a data breach affecting more than 55,000 people who may have had their personal information compromised nearly two months ago. Riverside Resort & Casino said the external system breach occurred on July 25, state regulators were informed on Sept. 5 The resort-casino informed its customers and various […]

James Foglio  •  16 Sep 2024
Week 1 of the 2024 NFL season was highly profitable for New York Sportsbooks

When the Falcons and Eagles play tonight on Monday Night Football, it will conclude Week 2 of the 2024 NFL season. As Week 2 is coming to a close, sportsbooks nationwide are starting to release their figures for Week 1. NY Sportsbooks Report Lower YoY Hold In Week 1 Per the New York Gaming Commission, […]

Zach Wolpin  •  16 Sep 2024
Margaritaville Resort Casino to Unveil ESPN BET Retail Sportsbook

Margaritaville Resort Casino in Bossier City, Louisiana, is preparing to unveil its new ESPN BET Sportsbook. The revamped sportsbook with ESPN BET branding will open on Saturday, Sept. 14, and will hold a formal ribbon cutting at 10 a.m. ESPN BET Sportsbook will feature a 48-foot video wall, five betting kiosks at Margaritaville Resort Casino […]

James Foglio  •  14 Sep 2024
South Alabama Blowout Leads to Voided Bets, Unique Settlements

South Alabama pulverized Northwestern State 87-10 on Thursday night in NCAA Division I football, with the Jaguars setting a school scoring record, and this blowout led to voided bets and unique settlements, according to ESPN’s Doug Greenberg. Referees and coaches agreed to shorten the South Alabama-Northwestern State game by six minutes, resulting in voided bets […]

James Foglio  •  14 Sep 2024
In August, Indiana sportsbooks reported $32.1 million in adjusted gross sports betting revenue

On Thursday, the Indiana Gaming Commission reported $32.1 million in adjusted gross sports betting revenue. That number was boosted due to adjustments of close to $2.7 million in the operators’ favor. Additionally, revenue increased 36.3% compared to their figures from August 2023. Indiana saw a 29.3% rise in their handle to $307.9 million. That helped […]

Zach Wolpin  •  13 Sep 2024
Fanatics Sportsbook, Washington Spirit Form Partnership For Market Access in Washington, D.C.

Fanatics Sportsbook is coming to Washington, D.C. on Sept. 12 after forming a partnership with the Washington Spirit, the premier professional women’s soccer team based in D.C. Fanatics Sportsbook is now the Washington Spirit’s official sports betting partner in Washington, D.C. According to the news release, Fanatics Betting and Gaming has entered into a partnership […]

James Foglio  •  13 Sep 2024
In August, Iowa sportsbooks had a betting handle of $167 million, an 18.2% YoY increase

With the NFL and college football in full swing, the slower days of sports betting in the summer are in the rearview mirror. Now that football is dominating the market, sports betting figures are climbing again. Per the Iowa Racing and Gaming Commission (IRGC), Iowa sportsbooks in August saw $169.99 million in total handle. That […]

Zach Wolpin  •  13 Sep 2024