Atlantic City Wants a Piece of NJ’s Sports Betting Revenue

New Jersey has one of the most lucrative sports betting markets in the country. Recently, the Mayor of Atlantic City called for a cut of NJ’s sports betting revenue. It’s here that most sports betting operations take place, after all.

Mayor Marty Small Sr

Sports betting is extremely popular in New Jersey. It’s helping to bring the state millions of dollars every single month. Let’s look at what exactly Atlantic City is now asking for.

Sports Betting in New Jersey Continues to Grow

New Jersey was instrumental in getting the US Supreme Court to strike down PASPA. Lawmakers here accomplished this goal in May of 2018, and shortly after officially approved a bill to legalize both online and land-based sports betting. Before long, every casino in Atlantic City began operating a land-based sportsbook.

These casinos also teamed up with major online sports betting companies to operate their internet sports betting platforms. Now, all Atlantic City casinos have an online sportsbook, too. Over the past year and a half, NJ’s sports betting revenue has increased dramatically.

In fact, for almost all of 2019, sports betting revenue has increased in this state. Certain gambling venues are known to generate more sports gambling winnings. Resorts Atlantic City is well-known for earning the most betting revenue in the city.

Not long ago, New Jersey earned more sports betting revenue than Nevada. It was the first time in history that this happened.

The state is certainly happy with these revenue earnings. Officials within Atlantic City now want their piece of the pie.

Mayor Marty Small Sr. Wants a Cut of NJ’s Sports Betting Revenue

As of now, New Jersey has earned more than $33 million through taxes on the state’s sports betting industry. That’s an impressive figure considering how new this industry really is. Now, the Mayor of Atlantic City is requesting a piece of this revenue.

Mayor Marty Small Sr. has officially asked for a direct cut of NJ’s sports betting revenue. He claims that Atlantic City played a major part in the success of this industry. He wants to see Atlantic City given more power to control the money earned from regulated sports gambling.

“In 14 months, New Jersey has overtaken Las Vegas as the No. 1 sports betting destination, and a lot of it has to with the success of Atlantic City and online,” Marty Small Sr. said. “But we don’t get one penny. … That’s unacceptable.”

The mayor wants to see this sports betting revenue used for property tax relief.

“My first, and foremost goal, as it was as council president and will continue to be as mayor, is more rateables for the city and more revenue streams to offset our taxes,” he said. 

This is certainly a reasonable request. Atlantic City is no stranger to economic hard times. Better control over NJ’s sports betting revenue would help this city in a major way.

September Proves Massively Successful for NJ Sports Betting Operators

It’s no secret that sports betting revenue has been steadily increasing in this city. This is particularly true now that the 2019/2020 NFL season is in full swing. September proved to be the most successful month for the state’s sports betting operators in history.

According to multiple reports, gamblers in the state wagered more than $445 million on sports in September. It’s the most money ever wagered in this state.

Online sports wagers brought in $41.1 million for casinos in September.

James Plousis, chairman of the New Jersey Casino Control Commission, recently commented on this revenue increase to the media.

“While operators continue to face strong competition for gaming and leisure customers, the increase in total gaming revenue shows the industry has grown for the betterment of both Atlantic City and New Jersey as a whole,” he said.

Mayor Marty Small Sr. is pleading his case. We’ll need to wait and see whether or not lawmakers decide to grant Atlantic City a larger share of NJ’s sports betting revenue.

Stay tuned for more updates over the next few months!

US Sports Betting Industry Set to Generate Billions Over the Next Few Years

The US gambling market is considered by many to be the most lucrative in the world. This is especially true now that sports betting is legal in many states. New reports indicate that the US sports betting industry will grow significantly over the next several years.

Hundred Dollar Bills

This proves just how quickly sports gambling is growing throughout the country. Today, we’ll look at which states currently allow sports betting and which ones are likely to legalize this form of wagering in the near future.

Nearly 20 States Have Now Legalized Sports Gambling

In May of 2018, the US Supreme Court struck down PASPA, a set of laws that limited sports betting to Nevada. With PASPA gone, every state in the country now has the ability to set laws on the sports betting industry. Almost immediately, a huge number of states began regulating this industry.

New Jersey was the first state outside of Nevada to officially legalize sports gambling. It proved to be a fantastic decision. The state’s sports betting market is now the most lucrative in the country. On several occasions this year, New Jersey’s sports betting market has generated more revenue than Las Vegas’.

New York, Pennsylvania, Mississippi, and more states all enjoy a regulated sports betting market. In most of these states, both online and land-based sports gambling is allowed.

Many states have also taken steps to legalize sports betting, yet have not yet launched any sports betting operations. Montana, Tennessee, and Illinois all fit into this category. Hope is that these states will launch their sportsbooks before the end of the year.

It seems likely that in time, every state will legalize sports gambling. Lawmakers across the country realize the massive earning potential from this industry.

New reports shed light on just how quickly the US sports betting industry is growing.

US Sports Betting Industry is Growing Faster than Many Predicted

Everyone knew that sports betting was popular in the US. Not many predicted it would be growing as quickly as it is right now, though. Reports are surfacing that indicate the US sports betting industry will start generating billions of dollars by 2025.

Several investors and sports betting companies made this prediction public this week. Morgan Stanley, one of the top US investment firms, predicts that the industry will generate $7 billion over the next five years, significantly more than the $833 generated this so far this year.

This is still significantly less than what casinos in the US generate every year. It’s still a major revenue increase, though.

Several other companies including MGM Resorts, Hard Rock International, and Mohegan Sun all predict that the industry will generate between $6 to $8 billion by 2025. Many are quick to point out that competition is growing and some sports gambling operators will ultimately fail.

Scott Butera, president of interacting gaming for MGM Resorts International, commented on the competitive nature of the US sports betting industry to the media this week.

“It is a growing market here in terms of revenue but it’s a very tough market,” he said. “Everybody wants to be here. Ultimately I think we’ll see some shaking out. I’ll take the over on $8 billion.”

More States Will Soon Legalize Sports Betting

There’s never been a better time to be a sports fan in the US. As we’ve already mentioned, a huge number of states have outright legalized sports gambling. Soon, many more states are likely to start regulating this industry, as well.

Many believe that California will eventually choose to regulate its sports betting market. California is home to a huge number of tribal casinos. These gambling venues help to generate massive revenue for the state every year. Sports betting would increase this revenue substantially.

At the moment, there are several fantastic betting sites that are available in every single US state. These websites are not regulated by state governments, yet most are well-known for being extremely safe and offer a wide range of both sports gambling and online casino gaming options.

This site has grown extremely popular over the past five years. It allows members to wager on thousands of different sporting events every single month. Feel free to check it out today.

The US sports betting industry is growing bigger every single day. If predictions are correct, this industry will begin generating billions of dollars within just a few years.

Stay tuned for more US gambling news over the next few weeks!

Yahoo Sports and MGM Resorts Sign New Partnership Deal

One of the biggest casino companies in the United States has just signed a major partnership deal. According to multiple reports, Yahoo Sports and MGM Resorts have agreed to a sports betting collaboration. It’s extremely exciting news for both companies.

Yahoo Sports Logo

Today, we’ll be looking at the details of this new deal. We’ll also look at the US sports betting industry’s expansion. Let’s get into it!

MGM Resorts Recently Sold Las Vegas Strip Properties

MGM Resorts has recently been looking for new ways to generate revenue. Months ago, officials announced that they were interested in selling some of the company’s major Las Vegas properties. Then, earlier this month, MGM Resorts announced that it had sold The Bellagio and Circus Circus.

The latter was sold to Phil Ruffin, owner of Treasure Island. Ruffin purchased this property for an astounding $825 million. It’s unclear exactly what plans the executive has for this popular venue. Hopefully, he renovates and expands this hotel-casino.

MGM also made history by selling The Bellagio to the Blackstone Group. It cost Blackstone $4.2 billion, the largest of any casino-resort sale in Las Vegas history. Blackstone will soon begin leasing the property back to MGM Resorts for $245 per year.

Back in May of 2018, the US Supreme Court struck down PASPA. Now, every state in the country can set laws on sports betting. Nearly 20 states have outright legalized this form of wagering. MGM Resorts International quickly began working on ways to capitalize on the emerging US sports gambling industry.

Officials revealed their new online sports betting platform, called BetMGM, earlier this year. This week, Yahoo Sport and MGM Resorts signed a new deal to help promote this platform.

Yahoo Sports and MGM Resorts Officially Partner Up

Yahoo Sports’ app has a massive user base. It looks like MGM Resorts is looking to capitalize on the company’s existing status. This week, these companies officially agreed to a sports betting collaboration.

Next month, these two companies will begin offering traditional online sports betting and daily fantasy sports options through Yahoo using MGM’s Roar Digital platform. During the multi-year deal, the Yahoo Sports app will begin offering sports wagers, with all transactions taking place through BetMGM.

Jim Murren, CEO of MGM Resorts International, commented on this new partnership to the media this week.

“This partnership marks an important moment for BetMGM in the growing U.S. sports betting sector,” he said. “Integrating Yahoo’s leading fantasy sports operations and content with BetMGM’s world-class sports betting and interactive platform uniquely positions us to drive market share and large-scale adoption among sports fans.”

Commissioners of the NBA and NHL have both voiced their approval of this new deal. Hope is that the Yahoo Sports and MGM Resorts partnership helps to provide players with the best possible experience.

Several States Will Soon Launch Sports Betting Platforms

As we mentioned earlier, almost 20 states have officially passed bills to legalize sports gambling. 13 of these states have their sports betting operations up and running. An additional six are currently working to launch these platforms.

Montana is expected to have its online and land-based sports betting platforms operating very soon. Sports betting was made legal here back in May yet it’s taken lawmakers time to prepare for this industry’s launch.

Tennessee should also have its sports gambling operations made available soon. This state legalized sports betting in May, as well. Hope is that sportsbooks start operating within the next month or two.

In time, it’s likely that almost every state in the country will legalize sports betting.

Yahoo Sports and MGM Resorts will soon begin offering sports betting odds and DFS games. Make sure to stay tuned for more news on this situation over the next few months!

Sports Betting Revenue in Mississippi Surges in September

Mississippi is one of the 19 US states with an active sports betting market. This industry is proving to be massively successful here, particularly with the help of the NFL’s 2019/2020 season. New reports indicate that sports betting revenue in Mississippi surged during the month of September.

Hundred Dollar Bills Laid Out

It’s great news for betting operators here. Mississippi has always been thought of as a US casino hub and is now beginning to gain a reputation as a major sports betting destination. Let’s look at exactly how much sports betting companies managed to bring in last month.

Mississippi’s Gambling Market Continues to Expand

For centuries, all forms of gambling were banned in Mississippi. The state took this matter seriously, issuing harsh punishments to anyone caught playing inside an illegal gambling house. In 1990, lawmakers here decided to make a change.

State politicians decided to legalize traditional casino gambling. Within just a few years, several land-based and riverboat casinos began operating here. Today, there are a huge number of land-based gambling venues, most of which are very successful.

It’s clear that lawmakers wanted to bring in more revenue from the gambling industry. In 2018, shortly after PASPA was removed, Mississippi officially approved sports betting. Two MGM Resorts-owned casinos took the state’s first sports wagers in August of that year.

Since this time, almost all casinos in this state have begun offering sports gambling options. Many of these casinos are earning millions in additional revenue from this industry.

September was a massively successful month for sports betting operators in this state. Here’s how much money was brought in.

September Brings an Increase in Sports Betting Revenue in Mississippi

This state continues to rack in money from its sports betting market. New reports indicate that that September was one of the biggest months of the year in terms of revenue. There are clearly a huge number of passionate sports fans here.

The state’s Gambling Commission claims that sports betting revenue in Mississippi increased by 19.2% year-on-year to $37.9 million. The state itself took in $5.6 million in tax earnings. Interestingly, most of the year-on-year growth came from the state’s central region.

Handle from this region increased by 75.6% in this area compared to the same month last year. The state earned $780,798 in taxes from this region, with bookmakers recording a 15.29% win rate.

Unsurprisingly, the Coastal region contributed the most to sports betting revenue in Mississippi last month. This area brought in $25.4 million, representing a 14.7% increase from the same month last year.

This industry is showing no signs of slowing down. Last month, casinos in this state brought in massive revenue earnings, as well.

Soon, Mississippi could have one of the most lucrative sports gambling markets in the country. The rise in sports betting revenue could push other nearby states to legalize and regulate this market, as well.

Nearby States Considering Sports Betting Legalization

As of today, 19 states have legalized sports gambling. Many more have pending legislation to open their sports gambling markets. Several states in near proximity to Mississippi are currently considering allowing this form of gambling.

Several already have, too. Lawmakers in both Tennessee and North Carolina have both recently passed sports gambling legislation bills. The “Tennessee Sports Gambling Act” became legal on May 25th of this year. On July 26th North Carolina approved a bill that “allows sports and horse race wagering on tribal lands.”

Several other nearby states are working to legalize sports betting. Politicians in Louisiana and Alabama have both recently presented sports betting bills. Unfortunately, none of them have been approved during their state legislative sessions.

In time, it’s likely that almost every US state will allow sports betting. It’s a massively profitable industry that’s popular with individuals across the country.

Sports betting revenue in Mississippi continues to increase. We’ll need to wait and see whether or not October brings even better results.

Stay tuned for more US sports betting news over the next few months!

Rules for Gambling Ads on Google Are Loosening

For many years, Google closed off almost all advertisements related to the US gambling industry. Thanks to the legalization of sports betting around the country, this is beginning to change. Gambling ads on Google are now being allowed in some states.Google Logo

It’s a great time to be a gambler in the United States. Today, we’re going to look at which states have sports betting operations up and running. We’ll also talk about Google’s new rules on gambling advertisements. Let’s get started!

Sports Betting Continues to Grow Around the US

Sports betting is growing more popular throughout the country. This wasn’t always the case, though. For a time, only Nevada was legally allowed to offer sports gambling options. Finally, in May of 2018, this all changed. The US Supreme Court officially decided to strike down PASPA.

Doing so gave every state the ability to set laws on the sports betting industry. Almost immediately, states began presenting legislation to legalize and regulate their sports betting markets. New Jersey was the first to do so. Today, NJ’s sports betting market is bigger and more profitable than Las Vegas’.

19 states have now legalized sports gambling. 13 of these states have sportsbooks up and running. The other six are currently working to launch their sports gambling platforms. In time, it’s likely that almost every state in the country will have legalized sports betting.

The world’s biggest search engine hasn’t always embraced the gambling industry. For a long time, Google banned almost all advertisements related to sports betting. Now that states have legalized this form of wagering, however, these rules are beginning to change.

Gambling ads on Google are finally being allowed in the US. It’s a huge development for both gamblers and gambling operators in the country.

Gambling Ads on Google Are Finally Being Allowed

To keep up with the rapidly expanding US sports betting market, Google has just announced that it’s changing its gambling and games policy. According to company officials, sports betting ads will be allowed in states where sports gambling is legal and regulated. As of now, this means that gambling ads on Google will be allowed in Nevada, New Jersey, West Virginia, Indiana, Iowa, Montana, Pennsylvania, and Rhode Island.

Licensed sports betting operators in these states will now be allowed to engage in promotional activities through Google Ads, Google Display Network, Youtube, and more. They will, however, need to ensure that they do not target underage individuals with these ads.

Betting companies will not be able to advertise any other forms of gambling other than sports betting. Google’s official new policy can be seen below.

“Advertisers must provide a copy of their state-issued license in their application to be eligible for the beta,” according to Google policy. “Participants of the beta must not target users outside the state of New Jersey or users who are under 21. Participants must only promote online sports betting, and no other forms of online gambling including, but not limited to, online casino games and daily fantasy sports.”

The ability to advertise on Google is huge for sports betting companies in these states. It will likely help to bring in a significant amount of new gamblers.

Google Also Expands Ad Rules to New Countries

The US isn’t the only country to experience a change in the rules for gambling ads in Google. This week, Google announced that gambling advertising laws were also changing in Colombia, Kenya, and Nigeria. Only licensed companies are allowed to advertise through the search engine, as well.

Of course, this may not have much of an impact in Kenya. The government here has been fiercely cracking down on the country’s gambling industry. The entire sports betting market is shut down here and may never recover.

It’s still great to see Google finally embrace the gambling industry. The ability for companies to advertise online in the US will help this market grow tremendously.

Gambling ads on Google may start appearing all over the US. More states are likely to legalize this form of wagering over the next few months.

Stay tuned for more US gambling news over the next few months!

Raiders Help Out Las Vegas Sportsbooks With Upset Over Bears

The 5th week of the 2019/2020 NFL season is just about to wrap up. There were some major games taking place and a huge number of individuals in Las Vegas placed wagers on the outcomes. Fortunately for Las Vegas sportsbooks, the Oakland Raiders pulled off the upset against the Chicago Bears.

Sportsbook Inside Casino

This win saved sportsbooks some serious money. Today, we’re going to look at how big of an impact this win made for LV sports betting platforms. We’ll also look ahead to some of the NFL betting odds available online right now.

Oakland Raiders Pull Off the Win Against the Chicago Bears

The Oakland Raiders entered this season as one of the biggest betting underdogs to win the Super Bowl. The team simply lacks the star talent found on the Patriots, for example. Interestingly, this team is looking solid thus far into the season and recently pulled off their second straight win against the heavily-favored Chicago Bears.

Last week, the Raiders sent shockwaves through the NFL fan base with a victory over the Colts. It was surprising to many, as they’d just lost in a miserable showing against the Vikings. Not many were optimistic about the Raiders’ chances to even make it into the playoffs.

This thought process is beginning to change. The Raiders looked like an elite team on Saturday and showed the ability to perform against the league’s big dogs. Thanks to a strong offense and effort from the special teams, Oakland pulled off the victory, 24-21.

This victory proved to be hugely beneficial to Las Vegas sportsbooks. According to new reports, a huge number of bettors placed money on the Bears to beat Oakland.

Sportsbooks Celebrate the Raiders Victory

Sports betting is hugely popular in Las Vegas. Every major casino in this city operates a sportsbook, most of which offer a wide range of different betting options. NFL betting is the most popular form of gambling here and brings in millions of dollars to the city every single week of the season.

According to the Las Vegas Review-Journal, a huge number of wagers were placed on the Chicago Bears to claim victory over the Raiders last weekend. Last-minute wagers placed the line at 6 ½ for Chicago. Several six-figure wagers were placed.

As we’ve mentioned numerous times already, the Raiders miraculously pulled off the victory. Mirage sportsbook director Jeff Stoneback commented on this victory to the media this week.

“It would’ve been a disastrous day for us if the Bears had covered,” he said. “It was a monster game for us. It was probably our biggest win of the year on any game. Winning straight up made it even sweeter for us, but it was one of those games we really had to sweat.”

Things didn’t completely work out for the Las Vegas sportsbooks, though. The Patriots’ domination of the Redskins was a major blow to these sports betting platforms. MGM Resorts took in two six-figure wagers on the Patriots.

It was an exciting week for NFL fans around the country. Fortunately, things are just getting started.

Week 6 NFL Betting Odds Online

19 states have already legalized sports betting. Many more are likely to start regulating the online sports betting industry over the next few years. Fortunately, there are some great online betting sites available in every single state. The best right now is Bovada.

This site offers odds for every single game of the season. There are some great week 6 odds available right now.

One of the most popular games that members of Bovada are wagering on is between the Carolina Panthers and Tampa Bay Buccaneers. The Panthers are riding a three-game win streak and enter this game as the favorites with current odds of -140. The Buccaneers are coming off a tough loss to the Saints and enter this game with current odds of +120.

Want to go with a real longshot wager? Consider placing money on the Bengals to take out the Baltimore Ravens. Cincinnati is 0-5 so far this season and is showing no signs of improvement. The Ravens have performed great for most of 2019 and enter as the massive favorites with odds of -600. Cincinnati’s odds are currently set at +400.

Las Vegas sportsbooks are also offering odds for the games this week. If you’re planning to visit Sin City, make sure to check out our hotels guide! Good luck with your bets!

Parx Casino Launches an Online Sportsbook in NJ

New Jersey now has the biggest and most lucrative sports gambling market in the United States. Casinos here, almost all of which are located in Atlantic City, operate both land-based and online sportsbooks. This week, Parx Casino officially launched an internet sports betting platform in this state.

Parx Casino

Parx Casino is one of the most popular gambling venues in Pennsylvania. It’s now entering the NJ sports gambling market. Let’s look at the details of this new online sportsbook and talk about how New Jersey’s sports betting industry is doing right now.

New Jersey’s Sports Betting Revenue Continues to Increase

As we’ve already mentioned, New Jersey now has the most lucrative sports betting market in the country. Amazingly, sports gambling has only been legal and regulated here for a little over a year. New Jersey was the first state to approve sports betting legislation after PASPA was struck down in May of 2018.

For all of 2019, revenue from sports gambling has increased in this state. In August, revenue here boosted by an incredible 13% compared to the same month last year. Gamblers in this state wagered over $293 million that month on sports alone.

The Borgata Hotel & Casino brought in $80 million through its land-based and online sportsbooks. Casino officials claim it was the biggest month since opening in 2004. Hard Rock Atlantic City also had a solid August, bringing in $41 million, up 31% from the same month in 2018.

Even Ocean Casino, which is the lowest-earning casino in Atlantic City, posted solid revenue figures last month. This casino-resort brought in more than $25 million.

Many companies are taking notice of these revenue gains. This week, one of the most popular gambling venues in Pennsylvania announced that it’s breaking into the NJ market.

Parx Casino Announces Launch of NJ Online Sportsbook

New Jersey isn’t the only state to recently legalize sports gambling. 19 states have approved sports betting legislation and 13 have sports gambling platforms up and running. Pennsylvania began offering sports betting options in November of 2018. This form of gambling has quickly grown popular here.

This week, Parx Casino has announced that it’s breaking into the New Jersey sports betting market. This casino, which is owned by Greenwood Gaming & Entertainment, officially launched its internet sportsbook in this state. This new betting platform is now live and available to New Jersey residents.

Parx Casino teamed up with GAN to begin operating its newest online sportsbook. Dan Smurtif, CEO of GAN, commented on the launch to the media this week.

“Launching the largest casino in Pennsylvania online has now logically extended across the border into New Jersey, extending their reach into New Jersey’s fast-growing and established Internet gambling market. This represents an incremental revenue opportunity for GAN and is a logical extension of our technology infrastructure to serve Parx Casino patrons who routinely cross the invisible border between these two populous states.”

It’s exciting news for sports betting fans in the state of New Jersey. There is another major player entering the market.

About Parx Casino and Racing

Pennsylvania is home to a huge number of gambling venues. Perhaps none is as popular as Parx Casino and Racing, located in Bensalem. This venue started off as a horse racing track and has since begun operating a casino featuring 3,330 slot machines, 180 table games, and a poker room.

Parx Casino began operating a land-based sportsbook back in January. It launched its online sportsbook in June. Since that time, it’s become the most popular internet gambling platform in the state. In August, it managed to generate more than $621,000 in sports wagers.

Officials at this casino have discussed plans to break into the New Jersey market for months. The company teamed up with GAN to officially begin offering sports betting options in this state earlier this year.

Residents of New Jersey now have 16 different online sports betting platforms to choose from. We’ll need to wait and see how popular the online sportsbooks from Parx becomes over the next few months.

Stay tuned for more US sports betting news over the next few months!

Sports Betting in Capital One Arena is Almost Here

Lawmakers in Washington DC have officially approved sports gambling. Recently, several groups here have pushed to allow sports betting in Capital One Arena. It’s now looking like this is closer to happening than many expected.

View Inside Capital One Arena

The owner of this famous arena claims to have secured a deal with a major sports betting operator. Let’s take a look at this city’s road to sports betting legalization, and how sports gambling could become available inside the Capital One Arena.

Washington DC’s Road to Sports Betting Legalization

Sports betting has never been more popular in the US than it is right now. For many years, only Nevada was legally allowed to offer sports wagering options. In May of 2018, the Supreme Court struck down PASPA, giving every state in the country the ability to set laws on the sports betting industry.

Almost immediately after PASPA was removed, New Jersey chose to legalize sports gambling. It’s proven to be an extremely lucrative industry for this state. New Jersey’s sports betting market now earns more than Las Vegas.

In 2018, prior to PASPA being removed, lawmakers in Washington DC approved the Sports Wagering Lottery Amendment Act. This Act made it possible for the state to allow sports gambling after the federal ban was removed. In May of 2019, officials in DC put the Act into effect and sports betting was made officially legal.

It’s still unclear when the first legal sports wagers will be made in this state. Many companies are looking to break into this new market. Interestingly, the city’s biggest sports arena is now preparing to offer in-arena sports wagering options.

Owner Confirms Sports Betting in Capital One Arena is Coming

For months, officials at Monumental Sports and Entertainment have discussed plans to open sports betting in Capital One Arena. Ted Leonsis, owner of this sports arena and CEO of MSE, talked about his goal to open sports gambling options here back in April.

“There will be a sportsbook inside the building accessible from the outside and depending on the league and depending on the event, it might be accessible from the inside as well,” he said. 

Leonsis owns the Washington Wizards and Washington Capitals, who both play inside this arena. He believes that offering sports betting options inside the arena would help to bring in more visitors and generate massive revenue earnings. This week, Leonsis confirmed that sports betting in Capital One Arena is one its way.

In an official press release, the owner revealed this his company had partnered with William Hill to open a sportsbook inside the arena. William Hill is one of the top gambling companies based in the UK. It’s focused on expanding into the US market and is now operating in 10 different states.

William Hill will soon begin construction on a multi-level sportsbook inside this sports arena. It will be open seven days a week, even when no sporting events are taking place. Leonsis recently commented on this company’s role moving forward.

“William Hill will manage and be solely responsible for the business of the sportsbook and ensure that we as the team franchises never touch the money. We are always pushing the limits on what’s possible in sports. Monumental has led the way on sports gaming and is among the first in sports to integrate real-time data into the live game experience.”

When Will Sports Betting Become Available Here?

Washington DC’s City Council voted to legalize sports betting late last year. Unfortunately, there have been several legal hurdles that have prevented any sports betting options to open up here. There is currently an injunction in place that’s making it impossible for any sportsbooks to start operating here.

It’s beginning to look like this injunction will soon be resolved. Several officials in this city have stated that the first sports betting options will become available here before the end of 2019.

According to signs posted inside the arena, sports betting in Capital One Arena will be available in 2020. Only those above the age of 21 will be able to place sports wagers here. This is an extremely exciting time for sports fans inside this city.

It’s still unclear exactly what forms of sports gambling will become available here. It’s likely that visitors will have the ability to place wagers on live sporting events taking place inside the arena.

Make sure to stay tuned for more US sports betting news over the next new months!

William Hill and the NBA Announce New Partnership

One of the world’s biggest gambling companies is continuing to push into the emerging US market. This week, William Hill and the NBA have officially agreed to a partnership. William Hill will now act as an official sports betting partner of the popular US sports league.

William Hill Logo

The US has the hottest new sports gambling market in the world. It makes sense for gambling companies to secure partnerships with sports leagues. Let’s take a look at the details of this new partnership, and what it means for US sports gamblers.

Gambling Companies Continue Push Into the US Market

In case you’re unaware, every state in the US now has the ability to legalize sports gambling. The Supreme Court struck down PASPA in 2018, which had previously limited sports betting to Nevada. Today, 19 states have outright legalized sports gambling. More are likely to do so over the next couple of years.

Sports betting is proving to be a hugely successful industry for many states. New Jersey, for example, is earning millions of dollars every single month from this industry. Atlantic City, where all of New Jersey’s casinos are located, is now earning more from its sports betting operations than Las Vegas. Several new sportsbooks have recently opened here, too.

It wouldn’t be a surprise to see almost every US state legalize some forms of sports gambling. Today, many now allow both online and land-based sports betting. Others only allow this form of gambling to take place inside casinos.

As a result of this new sports gambling boom, a huge number of companies are working to enter the US market. Several UK-based companies have begun offering sports betting services in several states. William Hill is among them. This company recently underwent a major transformation to ready itself for a push into the United States.

William Hill and the NBA have now agreed to an official partnership. Let’s look at what these two powerhouses have in store.

William Hill and the NBA Are Now Partnering Up

The NBA is, without a doubt, one of the most popular sports leagues in the world. Many believe that in time, the NBA will grow to become even more popular than the NFL, the US’ top sports league right now. This week, the NBA announced that William Hill will become their official betting partner.

Scott Kaufman, Senior Vice President of the NBA, commented on this news to the media this week.

“William Hill is a globally respected brand that has set an early standard for sports betting in the U.S. market,” he said. “We are delighted to partner with William Hill as they grow their business throughout the U.S. and are excited to work together to provide a world-class experience to our fans.” 

It makes sense for the NBA to partner with William Hill. The UK-based gambling company is already operating in 10 states. It has more than 85 years of experience in the gambling industry and is thought of as one of the best gaming operators in the world.

What Does This Partnership Mean for US Sports Bettors?

Moving forward, William Hill will have the ability to use the NBA’s official league date and logos across its sports betting platforms. The financial terms of this partnership are still unknown.

William Hill and the NBA will also be working to promote each other. The NBA will work to promote William Hill’s services across NBA.com, the NBA’s mobile app, and all of the league’s social media platforms.

Dan Shapiro, Vice President of Strategy and Business Development of William Hill US, is extremely excited to secure this new deal.

“We are proud of this creative partnership that benefits our customers and our partners nationwide while promoting legalized wagering on NBA events. The NBA has been a leader in recognizing the benefits of a legal sports betting market,” he said. “We expect this to be the beginning of a long and mutually beneficial relationship with the league and its teams.”

In states where William Hill is operating, sports bettors will have access to a range of new NBA content. The ability to use official game data will make live betting options significantly easier.

Make sure to stay tuned for more US sports betting news over the next few months!

DraftKings Is Now the Official DFS Partner of the NFL

One of the largest daily fantasy sports companies in the world just secured a major new deal. DraftKings is now the official DFS partner of the NFL. It’s huge news for this company, which has also begun breaking into the newly emerging US sports betting market, as well.DraftKings Logo

It looks like the NFL is beginning to embrace the sports wagering industry. Today, we’re going to look at exactly what this new partnership means. We’ll also talk about some of the NFL betting odds available online right now.

The Rise of DFS and Sports Betting in the United States

A little more than a year ago, Nevada was the only state that was able to offer sports gambling odds. In May of 2018, this changed. The Supreme Court struck down PASPA, giving every state in the country the ability to set its own laws on the sports gambling industry. 19 states have now legalized sports gambling.

Prior to PASPA being struck down, many individuals in the country chose to partake in daily fantasy sports. DFS is similar in ways to sports betting. It allows players to choose a “fantasy lineup” of athletes that are set to compete on a particular day. The better your lineup team performs, the more points you earn and the more money you can win.

Several DFS companies now operate in the US. They’re able to do so because daily fantasy sports is considered a “game of skill.” DraftKings is the biggest and most popular DFS operator in the country, with millions of active users.

Recently, DraftKings has begun breaking into the traditional sports betting market. Many states now allow online sports wagering. That doesn’t mean the company is putting it’s daily fantasy sports services behind, though.

This week, DraftKings secured a major deal with the top sports league in the United States.

DraftKings is Now the Official DFS Partner of the NFL

The NFL remains the biggest and most-watched sports league in the United States. Just a few weeks ago, the 2019/2020 NFL season officially kicked off. Now, DraftKings has secured a deal with the NFL as the league’s new DFS partner.

With this deal comes “exclusive sponsorship of the daily fantasy sports category with access to NFL branding and more” across DraftKings’ platforms. Jason Robins, CEO of DraftKings, commented on the news to the media this week.

“This is a defining moment in the industry, and we are thrilled to become the first daily fantasy sports partner to enter into a formal relationship with the NFL,” he said. “Throughout our discussions with the League, it was evident we share a common vision around the future of fan engagement, and we are excited to continue on this unique journey with the NFL as our official daily fantasy partner.”

Daily fantasy sports fans around the country will now have access to unique NFL content through DraftKings. Of course, many individuals still prefer to make traditional sports wagers on their favorite football teams. There are many amazing US sports betting sites that are offering odds on every single game of the season.

Top Week 4 NFL Betting Odds Available Online

Online sports betting in the US is easier now than ever before. There are many amazing online sportsbooks that are available in every single state. Today, we’re going to look at some of the best week 4 NFL odds available through Bovada.

One game that’s drawing the attention of sports betting fans this week is between the New England Patriots and the Buffalo Bills. Both these teams have looked great thus far in the 2019/2020 season. They’re both 3-0 and will finally face off in one of the most exciting AFC matches this week.

It’s not much of a surprise to see the Patriots entering as the significant betting favorites with odds of -360. New England remains a serious Super Bowl contender and, on paper, should get the win here. The Bills are live underdogs and with odds of +280, could earn you some serious money with a win this Sunday.

One of the most lopsided matchups this week takes place between the LA Chargers and the Miami Dolphins. LA is the massive betting favorite with Bovada odds of -1200. Miami has disappointed for most of this season and enters this game with odds of just +700 to win.

DraftKings is now the official DFS partner of the NFL. Feel free to check this site out today to see the exciting new NFL branding that’s available. Stay tuned for more NFL betting news over the next few months!