Illinois Sportsbooks Persevere in August, But Regulatory Changes Will Happen

Illinois Sportsbooks Persevere in August, But Regulatory Changes Will Happen

Illinois sportsbooks have experienced growth in August 2024, despite operators facing revenue challenges. According to the Illinois Gaming Board (IGB), the state recorded a monthly betting handle of $878 million, marking a significant 30% increase compared to August 2023. Adjusted revenue reached $59.2 million, representing a 26% year-over-year growth. These numbers are great, especially considering that August is typically a slower month in the sports betting calendar in the US. You might see a similar trend in your sportsbook- check your pay per head software to generate a report to…

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New Jersey Gambling Industry Seen Surge from Casino Gambling and iGaming

New Jersey Gambling Industry Seen Surge from Casino Gambling and iGaming

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…

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Gargan Happy with Two Kentucky Derby Starters

Gargan 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,…

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Jokic Pulls Nuggets in Win Against the Pelicans

Jokic Pulls Nuggets in Win Against the Pelicans

If you want to know how do bookies make money, you will see how a sportsbook generates income. You will also see there that you will need to know a lot about sports and sportsbook management to succeed. Thus, keeping track of the latest sports news is very important. This is especially true for popular sports leagues with teams that have high profile players like Nikola Jokic. And the basketball star proves his money’s worth again as his score helps the Nuggets win against the Pelicans last night. Whenever the…

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Chris Paul is a Good Fit in Warrior’s Roster

Chris Paul is a Good Fit in Warrior’s Roster

In your latest daily dose of sports news to help you with your bookie business, we are taking a look at the Golden State Warriors, and the start of their season with a new roster care of the addition of Chris Paul. They did lose their season opener to the Phoenix Suns, but the game gives us a lot of insight to the team and its potential. And when you want to earn more from basketball betting and such, you need to know about a team’s roster, their depth, flexibility,…

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Florida Player Wins Mega Millions Jackpot

Florida 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…

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New York Sports Betting Revenue Drops

New York Sports Betting Revenue Drops

May has not been a good month for the New York sports betting market, revenue wise. According to the latest report from the New York Gaming Commission, this is the third straight week that we are seeing less revenue. This could be due to a lot of factors. You can determine this yourself when you look at the numbers of your sportsbook through your pay per head solutions software. Before we go over New York’s, let us take a look at the numbers. The state has 9 operational online sportsbooks,…

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GG.BET Signs with Gaules for BLAST Paris Major

GG.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…

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2023 March Madness Schedule

In the gambling world, nothing is as exciting as watching your favorite team win the championship, while you earn from betting on them, or even against them if needed. And one of the most exciting sports is college sports, basketball specifically. Now that we are in the thick of the postseason, we’ll be giving you the 2023 March Madness Schedule. Your sportsbook pay per head software will be providing you with the betting lines for these games as soon as they open, so you will be able to handle any…

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Add a Casino to Your Online Sportsbook

Add a Casino to Your Online Sportsbook

When you learn how to be a bookie, you will also learn about the various tools that you can use as a sportsbook owner. The best recommendation that you will get is to use a specialized online sportsbook software for bookies. This type of software will help you with every single task that you will need as a bookie, minus the money transfers of course. But it will give you the best betting lines, and the means to manage them easily. It also comes with the software to help you…

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