According to recently released revenue reports for the state of New Jersey, casino gaming revenue increased by more than 25 percent in March – this makes it the 10th straight month of revenue growth for the state’s gambling industry. This double-digit monthly increases in the state’s gaming revenue seemingly began in June last year when […]
On Wednesday, March 27, West Virginia’s interactive gaming legislation officially became law after Jim Justice, the state’s billionaire Republican governor failed to take any action on the measure. The bill was pushed to governor’s desk on March 9 and he was given 15 days (excluding Sundays) to either pass the bill into law or veto […]
February may have included a number of high-profile sporting events including the Super Bowl but none of them seemed to be enough to sustain a revenue bump in the Keystone State. The state’s nascent sports betting market recorded drops on handle and revenue despite the fact that there was a total of 6 operation sportsbooks […]
Sports betting in Keystone State has been moving forward at a rather steady pace despite the fact that the extremely high licensing fees and exorbitant tax rates threatening to slow the pace. This week, it has been announced that a fourth casino has ventured into the state’s sports betting market – this will be at […]
On Monday, March 4, the Pennsylvania Gaming Control Board (PGCB) held its fourth public input hearing which is part of the state grand gaming expansion plans. At the hearing, Penn National Gaming was given the opportunity to give a presentation to the locals and the gaming control board about the plans it has for the […]
Locals are concerned about the construction of a new casino property worth $111 million in Berks County. Known as NIMBYs in the United Kingdom and as “much bother” if you are a company looking to expand real-estate, the locals of Pennsylvania are pushing back against an expensive Penn National Gaming Inc. casino project. Penn National […]
One of the most controversial figures of the casino industry, Sheldon Adelson, has been admitted for cancer treatment, a publication forwarded by Nevada Independent revealed on Thursday. Mr. Adelson’s deteriorating health has been reason of concern both for his closest allies as well as investors looking into the Las Vegas Sands casino facilities. Mr. Adelson […]
Renowned fantasy sports company, DraftKings is set to bring its online and mobile sports betting as well as casino gaming offerings to more states in the United States following a recent multi-year and multi-state partnership agreement with casino operator Caesars Entertainment. This means that the fantasy sports operator will now be able to offer its […]
Its been close to two months since the sports betting industry in the Keystone State was launched and since then it has seen a plethora of positive developments. The number of bookmakers continues to grow and the revenue from operational sports betting operations has been quite impressive so far. For instance, in January, the number […]
As we have already seen from the impressive revenue figures, the legalization of sports betting and online gambling in the Keystone State was one of the greater decisions that its lawmakers have ever made. Both industries are yet to go live, at least full, that is, but they have already managed to generate upwards of […]