Reports Show Record Year for NJ Sports Betting
According to recent reports, the NJ sports betting industry achieved a record year in 2020. The state took around $1 billion in sports wagers in December. However, overall gambling revenue …
Future of Georgia Gambling Legislation Still in Limbo
Gambling supporters believed that 2020 is the year that the Georgia General Assembly would pass the legislation. Also, they thought that legal gambling expansion would be on the November ballot. …
What You Need to Know About Prop Bets
The best thing about opening a sportsbook is that you can choose what type of wagers you can offer. Sports betting solutions allow you to have hundreds, if not thousands, …
Tennessee Sportsbooks Achieved Best US Debut
Tennessee sportsbooks achieved the best US debut, according to regulators. They generated more wagers in the first month than any other US state. Sports betting companies got $131.4 million in …
Philippine Regulator Approves Online Gambling from Land-Based Casinos
Philippine regulator approves online gambling from licensed casino operators. The Philippine Amusement and Gaming Corporation announced that land-based casinos could offer internet gaming to local gamblers. However, operators still need …
Guide to Managing Sportsbook Cash Flow
When you become a bookie, you should prioritize your finances. It is the lifeline of your sportsbook. As a bookie, managing sportsbook cash flow should be your top priority. When …
Nebraska Casino Gambling Gets Voters’ Approval
Voters approved three Nebraska casino gambling propositions that authorize casinos. According to the constitutional amendments, taxes from casinos will fund property tax relief in the state. Also, two out of …
Svenska Spel Reported Downturn in the Third Quarter
Sweden’s state-run gambling operator suffered reduced revenue in the third quarter as its land-based operations had to shut down during the pandemic. Svenska Spel reported downturn in the three months …
Russian Las Vegas Strip Opens Second Casino
The Russian Las Vegas Strip opened its second casino, Casino Shambhala, on October 16. It is part of the first phase of the project that’s worth $45 million. Also, the …
Retail Resurgence Drives RI Sportsbook Revenue in August
According to the recent Rhode Island Lottery report, there was an increase in RI sportsbook revenue in August. The Lottery said that it was due to increased activity in the …