The 2019/2020 NFL season is now officially underway. It’s an exciting time for sports betting fans around the country, many of whom now have access to state-regulated sportsbooks. The Rivers Casino & Resort in NY is reporting record sportsbook earnings thanks to NFL bettors.
It’s not a major surprise to see sportsbook earnings increase right now. The NFL remains the most popular sports league in the US. Let’s look at exactly how much the Rivers Casino sportsbook has earned, and what other states are earning money through the sports betting industry.
NFL Betting Brings Rivers Casino & Resort in NY Major Revenue Earnings
Immediately after PASPA was struck down in May of 2018, lawmakers in New York began taking a close look at the sports betting industry. It was a surprise to see this state interested in sports gambling, as politicians here had actively campaigned against legalizing daily fantasy sports for years. On July 16th of this year, the Rivers Casino & Resort in NY offered its very first sports wager.
Today, sports betting is now allowed in several New York casinos. Under the current set of laws, mobile sports betting is banned in New York. Many gambling analysts feel this will change in the next few years.
Rivers Casino is one of the most popular casino and sports betting venues in the state. Officials at this casino are now claiming that the NFL kickoff is helping to bring in record revenue figures. Justin Moore, general manager of Rivers Casino, stated that the start of the NFL season is bringing in more bettors than expected.
“Today is by far the biggest volume we’ve seen since the sports book opened,” he said. “We’ve never had a line for kiosks. Huge demand today. It’s really exciting.”
This casino’s sportsbook features seven live betting windows and 14 automated betting kiosks. There’s also a 53-foot wide wall featuring a giant screen that plays all major sports games at the same time. Based on the way things are going, this year’s NFL season is going to bring in serious money for Rivers Casino.
Other States Profiting Off the Sports Betting Industry
New York isn’t the only state cashing in on the sports betting industry. Today, 13 states have live sports gambling options available. Six more have approved sports betting bills and will officially launch sportsbooks within the next few months. It’s an extremely profitable industry for many of these states.
New Jersey is considered by many to be the hottest new sports gambling market in the US. This was the first state to legalize sports gambling after PASPA was removed. Today, every casino in Atlantic City operated a land-based and online sports betting platform. The state earns millions of dollars annually through its sports betting market.
Pennsylvania also recently launched its first regulated sports betting options. This state is working to significantly expand its gambling market, with several new mini-casinos set to open in various cities. Nearly $25 million has already been spent on sports wagers here, bringing the state more than $8,800,000 million through taxes.
A huge number of states currently have pending sports gambling legalization bills. Politicians across the country recognize how much revenue this industry can bring in. It’s very likely that within the next few years, every state in the country will allow sports betting.
Fortunately for the state without regulated sports gambling options, there are still some great ways to make bets. Today, there are fantastic online sportsbooks available throughout the entire country.
Online NFL Betting Options in the US
The US sports betting industry has never been stronger. Even in states without regulated sports betting options, individuals are choosing to make wagers online. There are some great internet sportsbooks available in every single state, one of the most popular being Bovada.
There’s a good chance you’ve heard of Bovada. This site launched years ago and is now one of the most respected sports wagering companies in the country. It offers a huge range of amazing odds and safe payment options for all members. There are several NFL betting options at Bovada that you can wager on right now.
On Thursday, several teams will compete in their second game of the season. One of the most popular games to bet on is taking place between the Seattle Seahawks and Pittsburgh Steelers. The Seahawks are entering as the underdogs with current odds of +165. Pittsburgh comes in as the favorites with odds of -190, according to Bovada.
Feel free to check out our review of Bovada today. We dive into everything that’s available here. You can also look at the full list of NFL betting options.
It’s great to see Rivers Casino & Resort in NY profiting off the NFL season. Hopefully, other New York casinos can also begin to see their sports betting profits increase this year.
Make sure to stay tuned for more US sports betting news over the next few months!