September saw a strong performance from the New Jersey gambling industry. The Division of Gaming Enforcement released its latest financial report, which showed revenue of $558 million in September. Also, it was a 7.1 percent increase year-over-year compared to $521 million in September 2023. Revenue also grew year-to-date, reaching $4.72 billion, a rise of 10.1% from the $4.29 billion result in the same time last year to the result in 2024. Notably, September’s overall income gain is a consequence of strong contributions from sports betting, casinos, and internet gambling, among…
Read MoreAuthor: Patricia
Bet365 Sportsbook Review
In the fast-changing world of online sports betting, there’s one big player – Bet365 Sportsbook. This renowned platform has carved a niche for itself, attracting bettors from all corners of the globe. With its user-friendly interface, comprehensive offerings, and a reputation for reliability, Bet365 Sportsbook has become a force to be reckoned with in the industry. Thus, we created a Bet365 sportsbook review to examine the pros and cons of the sports betting platform. In your sports betting journey, Bet365 Sportsbook offers an immersive experience. When you create your account,…
Read MoreGargan Happy with Two Kentucky Derby Starters
Danny Gargan grew up five blocks away from Churchill Downs. He is happy to have two Kentucky Derby starters with Society Man and Dornoch. In 2013, he started his stable and supervised a small operation. Last year, he worked with around 15 2-year-olds, and only five colts were not bred in New York. Also, he purchased two colts at the yearling sale in Keeneland. Both qualified for the Derby. What sets Gargan’s two starters apart is their distinct styles, which have been carefully honed to avoid any potential squabbling. Dornoch,…
Read MoreFlorida Player Wins Mega Millions Jackpot
A player from Florida won the Mega Millions Jackpot. It came a week after another Florida resident won the $1.6 billion jackpot. According to bookie software experts, it was the biggest jackpot of the lottery’s history. This lucky player accurately predicted all seven white balls (18, 39, 42, 57, 63, and the Mega Ball 7) in the drawing held on Tuesday, August 15, 2023. According to sportsbook PPH reports, the winner took home an estimated $36 million, or $18.6 million, in cash. Even if it pales compared to last week’s…
Read MoreGG.BET Signs with Gaules for BLAST Paris Major
GG.BET, a betting firm, announced its sponsorship deal with Gaules, a former eSports pro and prominent streamer. Furthermore, they are one of the significant betting partners for the streamer’s broadcast of the BLAST Paris Major. Alexandre Borba Chiqueta, real name of Gaules, is a former eSports coach and player. His game of choice is Counter-Strike: Global Offensive. Also, he is still playing the game even though he retired from the professional scene. Gaules began his streaming career in 2018. Before becoming a streamer, he played CS: GO professionally. He eventually…
Read MoreSenate Expected to Vote on Connecticut Sports Betting and Gambling Bill
The Senate was expected to vote on the Connecticut sports betting and gambling bill. The vote came after the state signed a new compact with two federally recognized tribes. Once passed, sports betting and online gambling will be legal in the state. The bill involves the deal made between Governor Ned Lamont and the Mohegan and Mashantucket Pequot tribes. The House of Representatives passed the legislation last week. Thus, the governor needs to amend the compacts with the tribes regarding online gambling and sports betting. Also, the new deal will…
Read MoreChinese Cryptocurrency a Blow to Macau Casino Junkets
Macau authorities are planning to use the new Chinese cryptocurrency to help Beijing prevent money laundering. Also, it would deal a blow to Macau casino junkets. Junket operators attract high rollers to Macau. However, junket operators have been losing customers after Beijing implemented stricter control of the cross-border flow of funds. Since the crackdown on cross-border funds, China arrested thousands of people. As a result, long-time junket customers withdrew their money. Operators suffered from liquidity problems. According to sports betting software reports, the new cryptocurrency would kill the junket industry…
Read MoreThings to Look for in an Online Bookie
There were only a couple of online sportsbooks people can use to wager on sports in the past. However, the popularity of sports betting resulted in many new online bookies. Before you sign up for one, here are factors to look for in an online bookie. We created this guide for people who don’t have a lot of online sports betting experience. That way, they’ll know what to check on a sports betting website. We did gambling software reviews so that you have an idea of what is available out…
Read MoreNevada Casino Firm Gets Approval for Buyout
A Nevada casino firm becomes the world’s largest casino company after it got regulators’ approval for a buyout. Eldorado Resorts Inc. acquires Caesars Entertainment Corp. for $17.3 billion. The approval came after an antitrust analyst assured the New Jersey Casino Control Commission that the buyout would not affect any of the casinos in Atlantic City. The regulator said that it would not affect the local gambling industry. Chairman James Plousis said that the commission is happy that Eldorado executives were honest about the challenges they would face in the future.…
Read MoreBet365 Entered Colorado Sports Betting Industry with Century Casinos
Bet365 entered the Colorado sports betting industry by partnering with Century Casinos. Industry insiders are expecting the world’s biggest sportsbook operator to transform the young Colorado market. There’s no timeline for its launch. Bet365 is still waiting for approval for its mobile app license in the state. Also, the company signed a ten-year deal with Century Casinos that included a split yearly revenue guarantee and gaming revenue share. Bet365 isn’t the first mobile sportsbook in Colorado. However, its competitors will surely feel its presence once it launches in the state.…
Read More