Las Vegas Holiday Offers Are Finally Here!

The holiday season is almost here and many people around the world are now flocking to Las Vegas for the celebrations! Many hotel-casinos in this city recognize this. There are now a huge number of fantastic Las Vegas holiday offers available!

This is one of the best times to visit the city. The weather is a little cooler and room rates tend to be a little cheaper. Here are some of the amazing offers now available!

These Are Some Las Vegas Holiday Offers Available Right Now

Thanksgiving is just around the corner and soon, December’s holidays will start creeping up. Some of the best hotel-casinos in the city are now offering some incredible perks to guests.

On Cyber Monday, Caesars Entertainment Corp is offering guests an incredible 40% discount on rooms between the dates of December 2nd and October of 2020. This deal will only last for one day, so make sure to take advantage! This deal is available for many of Caesars’ biggest properties including The LINQ, the Rio Hotel & Casino, and Caesars Palace.

The Cosmopolitan Hotel & Casino is one of the most popular venues in Las Vegas. Between now and December 3rd, this hotel is offering a unique “double or nothing” deal for guests. You’re able to book a one-night stay and get another for free.

MGM Resorts International also now has one of the best Las Vegas holiday offers. The company will offer a 30% discount for most of its Las Vegas properties from now until Saturday afternoon.

Just about every single hotel-casino operator in the city is offering something special this holiday season. Now might be the best time of the year to book your room!

Las Vegas Casino Revenue Continues to Increase

At the beginning of this year, it looked as if gambling revenue in Vegas was beginning to drop. Fortunately, this did not turn out to be the case. For the majority of 2019, casinos have managed to bring in a significant amount of revenue.

Over the past three months, gambling revenue has increased significantly. In September, news broke that casinos in Nevada managed to surpass $1 billion. Baccarat helped to bring in the most money to casinos in the city.

Incredibly, casino revenue once again surpassed $1 billion in October of this year. Statewide, gambling revenue in Nevada reached $1.022 billion. Revenue from the Las Vegas Strip came out to $538.5 million.

Overall, revenue from August, September, and October increased by 2.3% compared to the same period in 2018. Downtown Las Vegas revenue increased the most, at 8.85%.

Things are going well in this city right now. Hopefully, the holidays help to increase revenue, as well.

Some incredible Las Vegas holiday offers are now available! If you’re planning to visit this city soon, make sure to take advantage of these deals!

Stay tuned for more Las Vegas casino news over the next few months!

Nevada Gambling Winnings Surpassed $1 Billion in September

The state of Nevada is experiencing some massive revenue gains this year. New reports indicate that Nevada gambling winnings surpassed $1 billion last month. It’s the fifth time in 2019 that casinos here have brought in more than a billion dollars.Nevada Sign On Highway

Things are clearly going well in this state. Today, we’re going to look at which forms of gambling brought in the most money here in September. We’ll also talk about which areas of the state managed to generate the most revenue. Let’s get into it!

Nevada Proves It’s Still the Casino Capital of the US

Nevada, and specifically Las Vegas, has always been considered to be the gambling capital of the US. Recently, however, several states have expanded their gambling industries. It seemed as if some parts of the country could overtake Nevada in terms of gambling revenue.

This is beginning to seem less likely. Nevada’s Gaming Control Board has confirmed that casinos in this state won more than $1 billion in September. In total, casinos here managed to bring in $1.059 billion.

It’s a massively successful number for the state, which heavily relies on gambling revenue to function.

Casinos have now generated more than a billion dollars for the fifth time this year. Nevada gambling winnings in September even set a new record. It was the most money ever made during this month. The previous record was held in 2007.

No other state can currently compete with Nevada’s gambling industry. New Jersey is pulling in impressive revenue figures, yet it’s not quite at Nevada’s level. We’ll need to wait and see how long this winning streak continues for.

Baccarat Helps to Boost Nevada Gambling Winnings

Baccarat is one of the most popular casino games in the world. In case you’re unaware, this is a common table game available in almost all Nevada casinos. It’s grown extremely popular over the years and has proven to be a huge earner for casinos around the country.

According to the Nevada Gaming Board, this game helped to generate a significant amount of money last month. Michael Lawton, a senior research analyst for the Gaming Control Board, commented on the earnings from this game to the media this week.

“Baccarat held 19.47 percent compared to a very weak 9.81 percent last year,” he said. “This stronger hold offset soft volumes, as baccarat volume totaled $557.1 million which was a decrease of $160.7 million or 22.4 percent (from last year).” 

Interestingly, Lawton claims that baccarat’s trends aren’t exactly great.

“Although this month’s baccarat results were a significant improvement over last year, the long-term trend for the state’s baccarat business remains choppy at best, as win is currently down 9.3 percent calendar year to date and volumes are down 12.4 percent.”

Slot machines also contributed to Nevada gambling winnings last month. This form of gambling helped to bring in $690.2 million. This represents an 8.3% increase from the same month in 2018.

Las Vegas Continues to Bring in the Most Money for Nevada

Las Vegas is home to many of the biggest and best casinos in the world. The Las Vegas Strip, in particular, features a massive number of world-class gambling venues. Most of these casinos generate a huge amount of money every single month.

Overall, Clark County managed to bring in $913.6 million in September. This is up more than 8% from the same period last year. Las Vegas Strip revenue increased by 7% to $584.2 million.

Amazing, Downtown Las Vegas experienced the biggest Nevada gambling winnings increase last month. This area of the city brought in $65.9 million, an increase of 19.9% from 2018. This is great news, considering gambling revenue in the Downtown area fell last month by 1.9%.

Nevada has seen its casinos generate an increase in revenue for the past four months. Soon, the Las Vegas Convention and Visitors Authority will release the state’s official tourism numbers from last month.

Nevada gambling winnings continue to increase. Stay tuned for more casino news on this city over the next few months!

Oklahoma Tribes Begin to Negotiate With State Officials

Lawmakers in Oklahoma and the state’s Native American Tribes have been arguing with each other for months. It’s a complicated issue in which both parties feel they’re correct. This week, Oklahoma tribes have finally begun negotiating with members of the state government.State Map Of Oklahoma

It’s great news to see a discussion finally take place. Now is the perfect time to look at what these two groups are arguing about. We’ll also talk about some of the state’s possible gambling expansion plans.

Tribal Casinos in Oklahoma Continue to Bring in Revenue

Oklahoma is home to more than 100 land-based casinos. A huge number of Native American Tribes are based in this state and since 1988, they’ve been able to operate gambling venues on sovereign land. This industry has proven to be extremely successful for the state government.

All together, these casinos generate billions of dollars every single year. That usually ends up paying the government more than $100 million each year in taxes, as well. Oklahoma casinos also help to boost the state’s tourism industry.

In many nearby states such as Texas, casino gambling is completely illegal. For that reason, many people come to test their luck in different Oklahoma tribal casinos. State lawmakers recognize how important these venues are for the local economy.

Interestingly, some major politicians in this state have worked to generate more revenue from the gambling industry. Even the Governor of Oklahoma believes that the state should be making more money from casinos. These opinions has led to some serious conflicts with Oklahoma tribes that operate gambling establishments.

Oklahoma Tribes Finally Start Negotiating With Lawmakers

There are many highly popular gambling venues in this state. For many years, these casinos have been forced to pay between 4% and 10% of their total revenue to the state via taxes. These rates seemed to work for both the tribes and state government.

This year, things took a turn. Governor Kevin Stitt began taking a closer look at the current tax structure. He felt that the tax structure was outdated, and it was time for these tribes to begin paying more money.

Many different Oklahoma tribes began pushing against these new measures. John Berrey, chairman of the Quapaw Nation, commented on the state’s newly proposed measures to the media this summer.

“What I don’t understand, in any of his op-ed, there’s no recognition of the true value of the tribes,” he said. “(Native American tribes) are one of the largest employers in the state. We provide benefits for our employees. We’re probably the most philanthropic group in the state.”

For months, the tribes refused to engage in any real dialogue with lawmakers. Finally, these tribes have begun negotiating.

Oklahoma’s Attorney General is now speaking with more than two dozen tribal leaders. Hope is that these groups can reach an agreement and move forward without any major issues.

Lawmakers Still Push Against Sports Betting Legalization

Since May of 2018, every state in the country has been granted the ability to set its own laws on sports betting. Today, 19 states have outright legalized this form of gambling. Many more are likely to do so over the next few years.

Lawmakers in Oklahoma are showing no real willingness to embrace this industry. In late 2018, a bill was introduced here to allow Oklahoma tribes to offer “sports pools” inside casinos.

If approved, this bill would have allowed for “wagering on the outcome of one or more competitive games in which athletes participate, or on one or more performances of such athletes in such games where all bets are placed in a common pool or pot from which all player winnings, prizes and direct costs are paid.”

Unfortunately, this bill failed to get approved during the state’s 2018 legislative session and seems unlikely to be approved this year.

Many, however, believe that sports betting will be legalized in Oklahoma within a few years. The state already earns millions from casinos. Regulation of the sports betting industry will bring in millions of additional dollars to the state government each year.

Stay tuned for more Oklahoma casino news over the next few months!

10Best Names the Top 10 Casinos in Las Vegas

It’s no secret that Las Vegas is home to many of the biggest and best casino-resorts in the world. Trying to decide which of these gambling venues is the best can be difficult. Everyone has a different opinion! This week, 10Best officially revealed the names of its top 10 casinos in Las Vegas.

Las Vegas Strip View

Some of these casinos were expected to appear. Others, no one saw coming. Today, we’re going to take a quick look at this list. Let’s get into it!

Top 10 Casinos in Las Vegas, According to 10Best

As we’ve already mentioned, it’s extremely difficult trying to narrow down just 10 of the best casinos in Las Vegas. There are simply too many to choose from. Experts from USA Today’s 10Best chose 20 of their favorite casinos. From there, the top 10 were chosen by popular vote.

Here are the top 10 casinos in Las Vegas named by 10Best!

The D Las Vegas

Not many would have predicted that the D Las Vegas Hotel & Casino would be named the top gambling venue in the city. It’s located in the Downtown area, miles away from the Las Vegas Strip. The D has a loyal following, yet it’s rare for this casino to win any major awards. Interestingly, 10Best has named it the best in the city.

The STRAT Las Vegas

Now this one is REALLY surprising. This hotel-casino, formally known as the Las Vegas Stratosphere, was generally considered one of the worst venues in the city. It was recently rebranded to the STRAT and has undergone some major renovations. Apparently, this was enough for 10Best to name it as one of the best! It’s great news for this casino moving forward.

Golden Nugget Las Vegas Hotel & Casino

Another Downtown Las Vegas casino makes its way onto this list. The Golden Nugget Las Vegas Hotel & Casino is another popular venue in the city, yet isn’t traditionally thought of as one of the top 10 casinos in Las Vegas. 10Best seems to disagree.

Wynn Las Vegas and Encore Resort

This one shouldn’t surprise anyone. Not long ago, Wynn Las Vegas was named the very best hotel-casino in the US by Business Insider. It’s certainly a good one, featuring an impressive casino floor, wonderful amenities and a prime location on the Las Vegas Strip.

Venetian & The Palazzo

The Venetian Hotel & Casino is one of the most beloved venues in Las Vegas. It has one of the most impressive designs of any hotel in the city. The Palazzo, in particular, is stunning. It has managed to stay popular throughout the years and was just named as one of the top 10 casinos in Las Vegas.

The Cosmopolitan of Las Vegas

Everyone loves the Cosmopolitan Hotel & Casino. It’s the most expensive venue in the city and features one of the most impressive casino floors. Some feel it should have been higher on this list.

Caesars Palace Las Vegas Hotel & Casino

Another extremely popular Las Vegas Strip property is being named. Caesars Palace features more than 124,000 square feet of gambling space. It’s a world-class gaming venue and deserves its spot on this list.

Red Rock Casino Resorts & Spa

The Fertitta-owned Red Rock Casino comes in at number 8. It’s located away from the Strip and Downtown area yet it’s become hugely popular, particularly with locals.

Bellagio Las Vegas

For years, the Bellagio Hotel & Casino was considered the best hotel-casino in the city. That’s no longer the case, yet many still consider it in the top-five. The Bellagio has still been named one of the top 10 casinos in Las Vegas this week.

M Resort Spa Casino

M Resort Spa & Casino comes in at number 10. This is another venue that’s highly popular with locals. It isn’t in the best location and doesn’t draw in as many visitors as some of the other hotels on this list, yet there’s no denying it features an amazing casino floor.

If you’re planning to visit Sin City, make sure to check out our Las Vegas hotel guide page! Enjoy your stay!

MGM Resorts Officially Sells Circus Circus Hotel & Resort

MGM Resorts is having an extremely busy year. For months, officials in the company have discussed selling one of their Las Vegas properties, Circus Circus Hotel & Resort. This week, the sale was finalized.

Circus Circus Hotel-Resort

It’s a big move for MGM. Circus Circus may not be the most profitable venue in Las Vegas, yet it’s without a doubt one of the most well-known. Now is a great time to look at why exactly this popular venue was sold.

History of Circus Circus Las Vegas

It seems like every few years, a new gambling venue opens up in Las Vegas. Amazingly, some of the old hotel-casinos are still going strong here. Circus Circus opened its doors all the way back in 1968 and quickly grew into one of the most popular venues in the city.

Unlike many of the early Las Vegas hotel-casinos, Circus Circus put a major emphasis on providing entertainment. The venue was designed as a giant circus tent and put on shows every day of the week. For many years, however, it didn’t have a hotel for guests to stay in.

Jay Sarno, the owner of this venue, began experiencing financial difficulties over the lack of accommodation options. Sarno began partnering with organized crime members and was quickly investigated by the federal government. In 1974, Circus Circus Hotel & Resort was officially sold to William Bennet and William Pennington.

MGM Resorts International purchased this venue in 2005. It’s location and somewhat older amenities made it one of the less-desirable venues in the city. Circus Circus has struggled to generate revenue over the years and officials within MGM decided they were interested in selling.

This week, it appears that this sale was finalized.

MGM Resorts Confirms the Sale of Circus Circus Hotel & Resort

Back in September, we reported on the news that MGM was looking to sell this venue. It was clear that the company was hoping to fast-track this sale and several individuals announced they were interested in purchasing it. As many predicted, MGM Resorts officially sold Circus Circus to Phil Ruffin, owner of Treasure Island.

Ruffin is excited to add another Las Vegas Strip property to his portfolio. He commented on the purchase to the media this week.

“Circus Circus has anchored the north end of the Las Vegas Strip for over 50 years, and I am excited to add it to my casino portfolio,” he said. “I have tremendous respect for Jim Murren and the MGM team, and my relationship with them goes back to my friendship with Kirk Kerkorian and continues to this day.”

According to multiple reports, Circus Circus Hotel & Resort was sold to Ruffin for $825 million.

Interestingly, Blackstone Real Estate Income Trust and MGM agreed to a partnership to acquire MGM’s Bellagio Hotel & Casino and lease it back to MGM. This deal is described as “one of the highest ever paid for a [Las Vegas] Strip asset.”

More Las Vegas Strip Properties Could Go For Sale

MGM Resorts isn’t the only company that’s interested in selling some of its Strip properties. The sale of Circus Circus Hotel & Resort may be the first of many upcoming sales over the next 12 months. Caesars Entertainment, which is set to merge with Eldorado Resorts, is also looking to sell some properties in the coming months.

Tom Reeg, CEO of Eldorado Resorts, told the media that Las Vegas property sales were likely.

“I would expect that we would be a seller of a Strip asset, but that decision has not been made,” he told the media. 

Last month, Caesars confirmed everyone’s suspicion and sold the Rio Hotel & Casino. Imperial Companies, a real estate firm based in New York purchased the gambling venue for $516.3 million.

It’s very possible that more sales are just around the corner. The merger with Eldorado Resorts is the biggest in history.

Make sure to stay tuned for more Las Vegas casino news this week!

Upstate New York’s Casino Market Continues to Improve

New York is beginning to truly embrace the gambling industry. For much of 2019, lawmakers have worked on ways to bring in more revenue from the gambling industry. Upstate New York’s casino market is expanding rapidly and competition is fiercer than ever before.  New York State Logo

There’s a lot to be excited about in this state. Today, we’re going to look at what new gambling options are now available in New York. We’ll also look at how casinos are responding to this rise in competition.

New York’s Recent Embrace of the Gambling Industry

New York hasn’t always been a gambling-friendly state. In fact, for many years, lawmakers here laid out several laws that suppressed the gambling industry. Even daily fantasy sports, which is legal in many states as a “game of skill” was prohibited by lawmakers here, who believed it to be a form of sports wagering.

Things have begun to change here. In case you’re unaware, the US Supreme Court struck down PASPA in May of 2018. Now, every state in the country has the ability to set laws on sports gambling.

Certain NY government officials immediately began calling for the state to make this form of wagering legal. Nearby New Jersey was the first state post-PASPA to legalize sports betting and immediately began making millions of dollars a month. A sports betting bill was approved by New York Governor Anthony Cuomo earlier this year.

In July, the first legal sports wager in New York was placed at the Rivers Casino in Schenectady. Now, sports betting is legal inside brick and mortar casinos around the state. Many are profiting massively from the current NFL season. Legal sports betting isn’t the only new form of gambling available in New York, though.

Not long ago, state legislators also approved commercial casinos to operate in New York. These new gambling venues, along with tribal casinos, is helping to make Upstate New York’s casino market one of the most competitive in the country.

Upstate New York’s Casino Market is Growing Quickly

There are now many different tribal and commercially-run casino venues in New York’s Upstate area. Competition in this industry has never been higher. These gambling establishments are working extremely hard to out-do each other. One of the most popular casinos in this area just won a prestigious award.

The Del Lago Casino, located in Tyre, recently gained several awards from Casino Player and USA Today. Casino Player magazine asks its readers to name the “best of the best” casinos in the country every year. Del Lago Casino was awarded for having the best hotel staff, best suite, best craps, best roulette, and best VIP services.

It’s an impressive accomplishment for this gambling venue. Lance Young, executive vice president of the casino, commented on the awards to the media this week.

“We are incredibly grateful for the 11 awards we received from Casino Player, especially because the honors were submitted by readers who are also del Lago guests,” he said. 

There are some exciting new venues entering Upstate New York’s casino market. This week, Hilton has announced that it’s constructing a new hotel on land adjacent to the Turning Stone Resort Casino in Verona.

Unfortunately, not every casino in this state is flourishing. Several have struggled to generate revenue amid the rise in competition. Recently, several of these casinos have begun calling for online gambling to be made legal here.

Casinos Begin Calling for Online Casino Gambling Regulation

With so many different gambling venues in Upstate New York, it’s been difficult for many of these casinos to bring in the money they initially projected. As a result, officials at many of these casinos have begun calling on lawmakers to make internet casino gambling regulated.

New Jersey began regulating its internet casino market last year. It’s extremely successful, helping to bring the state millions of dollars every single month. In fact, more people are gambling online here now than playing inside land-based casinos.

Interestingly, there are many different online casinos in NY available right now. The state government does not regulate these websites, yet they’ve grown extremely popular over the years, particularly for those located far from the Upstate area.

Many of these websites offer just as many different gambling options as the state’s brick and mortar casinos. The majority of them are extremely safe and offer their players a wide range of easy payment options.

Upstate New York’s casino market is growing. With that growth comes a rise in competition. Hopefully, all of the casinos here manage to generate more revenue. We’ll need to wait and see whether or not lawmakers choose to make online casino gambling legal.

Make sure to stay tuned for more casino news in New York over the next few months!

Caesars and ESPN to Join Forces for Sports Betting Content

ESPN and Caesars Entertainment will join forces and bring the best sports betting news, as well as sports-related entertainment, to all fans of this activity all over the US. One of the major points in the deal is building a brand new ESPN-branded studio that will be located at The LINQ Hotel & Casino in Las Vegas. There, content related to the theme of sports betting will be created and one of the features shows will be one of the popular recent ESPN sports betting-related piece called Daily Wager. Naturally, all the ESPN content made in the studio at The LINQ will also include Caesars branding.

Mike Morrison, VP of Business Development at ESPN, stated that the landscape for sports betting had changed and that the fans of that activity were coming to ESPN more than ever before. Furthermore, he added that ESPN is poised to expand their coverage “in a big way,” and that they were working with Caesars Entertainment category leaders who would help them most relevant and most entertaining content for highly engaged and diverse sports fan base. Therefore, if you like sports, and enjoy sports betting, the content produced as a result of this collaboration might be what you are after and might help you improve your sports betting skills.

The EVP and Chief Marketing Officer at Caesars Entertainment, Chris Holdren, stated that he and his company were really excited about the collaboration with ESPN and the long-term value that it will bring to both companies and sports fans alike. Furthermore, he added that starting immediately, the platforms by ESPN would begin featuring valuable information about odds and the main company that would provide those pieces of information would be Caesars Entertainment. Holdren stated that ESPN would position itself as the authority when it comes to sports betting and that millions of sports fans would look to them for content.

He concluded that they were honored have Caesars by their sides and that Caesars was honored to have been one of the primary selections by ESPN as it offered the best odds and served fans well. It is definitely a unique deal as both sides are going to have huge gains from it. ESPN will have an opportunity to have a sports studio which is located in the middle of the gambling capital of the world, and Caesars will gain enormous exposure on this popular sports channel.

The primary purpose of the studio is to be a sort of a Vegas hub for all content that is related to odds. Furthermore, it will contribute to many social, digital, and linear shows, in addition to ESPN.com and the exclusive ESPN app. Finally, both sides predict that the studio will have a vital role during all the major sports events, as well as during the marquee events that are hosted in LV and that are rapidly growing in number. According to both sides, the studio will be completed in 2020 and launched that very same year.

Data related to odds is very important when it comes to creating sports betting shows, and Caesars will become the official odds data supplier for all ESPN channels, including TV and digital. The two sides will create additional activations related to advertising and sponsorships in the months to come.

According to Connor Schell, EVP of Content at ESPN, Las Vegas has become an epicenter of sports culture during the last couple of years, and having a partner such as Caesars is a great way to have a full studio presence in Vegas.

Caesars Plans a Permanent AC Sportsbook

Caesars will debut permanent Atlantic City sportsbooks in a couple of weeks which would be a part of its Harrah’s and Bally’s Atlantic City casinos. The first of the two permanent sportsbooks will debut within weeks, and it will offer visitors of Atlantic City’s Boardwalk an opportunity to place bets on their favorite teams and enjoy watching games with their friends. This piece of news was reported by The Press of Atlantic City, which cited the info from the representatives of the company that are in the city.

The gambling giant from Las Vegas invested more than $11 million in order to develop the two permanent betting properties which would be located at Harrah’s Resort Atlantic City and as a part of Wild Wild West Casino at Bally’s Atlantic City. Both casinos already offer temporary sports betting services that they launched less than a year ago. In fact, the two casinos, as well as other casinos in AC, were prepared to launch sports betting as soon as the ban was lifted. However, they immediately knew that the solution for this service was just temporary at that moment, so they immediately began preparing the permanent solution.

However, the two casinos are not the only ones operated by Caesars in AC at the moment, as there is yet another one called Caesars Atlantic City. Although it is connected to Bally’s system, this facility actually does not feature the brick-and-mortar sports betting services that are present in other to casinos run by Caesars. As a matter of fact, Caesars Atlantic City is the only casino on the Boardwalk that actually doesn’t offer any kind of sports betting services.

Harrah’s The Book is estimated to start receiving visitors within the next couple of weeks. However, when it comes to Bally’s facility, it seems that sports betting lovers would have to wait until early June to visit this facility.

The Regional President of Caesars Atlantic City, Kevin Ortzman, stated that they wanted to create a ‘category-killer’ in the AC and that they would do their best to deliver what customers and sports betting lovers had been waiting for. The wait was completed after the ban was lifted, and AC visitors were some of the most impatient bunch who were the most eager to start placing bets last summer. As of this month, they will have an opportunity to enjoy full-time permanent sportsbooks at Caesars’ facilities.

Mr. Ortzman also commented on the scale of the sportsbook that is planned to be a part of Bally’s. He claimed that the property would actually be the single largest sports betting service in South Jersey. The area of the sports book will occupy a total of 15,000 sq ft and will feature a big LED video screen that is 18 ft high and 98 ft long. The screen standing would be the central part of the sportsbook, and even people on Boardwalk who are 100 yards away would be able to watch what is going on on the screen.

One of the most interesting features of the sportsbook will definitely be the five fan caves that will offer a personalized viewing experience, including self-serving beer on taps, dozens of leather recliners, and more. The new sportsbook will allow Wild Wild West Casino to extend its offer of games as well, and, according to Mr. Ortzman, games such as beer pong, table games, video games, and shuffleboard are going to find their place in the casino. In other words, there will be plenty of fun for everyone once the sportsbooks open their doors at the casinos that are run by Caesars.

New Jersey Sportsbooks Set New Record in March

Online and retail sportsbooks have set a new record in March as they finally managed to go over a $2 billion mark that was made in bets ever since the legalization of this type of gambling. This near-record handle for March happened mainly due to the fact that there was the NCAA Men’s Basketball Tournament, which attracted a lot of bets from the residents of New Jersey, according to analysts who work for PlayNJ.com.

Dustin Gouker, who is a lead sports betting analyst for PlayNJ.com state that the first week of March Madness had generated more betting even than the Super Bowl. Furthermore, he added that the First Fout games were enough to match regular NFL weekend bets. Gouker claimed that the number of bets placed on college basketball clearly displayed the massive success of this sport and that punters loved placing bets on it. In other words, college basketball affects the Northeast’s sports betting market in a great way.

All the retail and online sportsbooks that are located in New Jersey managed to accept a total of $372.5 million in bets in March, which is quite similar to the amount recorded in January – $385.3 million, according to the official reports. In other words, ever since the legalization of sports betting in June 2018, the sportsbook in NJ managed to collect a total of $2.3 billion in bets. This is a huge deal for them, as sports betting is clearly getting increasingly popular in the US.

The revenue for March was $31.7 million, which is almost 150% more compared to the revenue achieved in February when a total of $12.7 million was earned in the sports betting facilities. If online casinos are taken into account, the state of New Jersey can say that more than $70 million in revenue was achieved in March.

According to Gouker, the sole fact that they managed to get more than $2 billion in bets in just nine months is a clear display of how legal sports betting should have existed in New Jersey before as people were clearly interested in this type of gambling. Gouker added that the next milestone should definitely be set at $3 billion, and he is more than positive that the sports betting facilities in New Jersey would reach it even before they get to celebrate their first birthday which would be on June.

It seems that online sportsbooks are the most popular way to place bets in New Jersey since 80.8% of all bets in March were conducted via online platforms. In other words, the total amount of bets accepted in March is $298.3 million. This is a clear display that the future is on the web and that people do not feel like visiting retail sportsbooks as often as they visit land-based casinos.

The most popular online sportsbook was FanDuel Sportsbook/Pointsbet, as they managed to beat the second-place DraftKings Sportsbook. FanDuel made a total of $13.3 million in gross revenue which is almost 100% more compared to February. Furthermore, DraftKings had a total of $7.3 million in gross revenue which is also a significant improvement compared to $3.7 million in February.

When it comes to land-based sportsbooks, FanDuel Sportsbook at The Meadowlands topped the list with a total of $4.3 million in gross revenue in March. An improvement is visible here as well since they had a total of $1.5 million in February. The next one in line was Monmouth Park which earned a total of $986,251.

Caesars Introduces Progressive Jackpots to Table Games

Caesars has been an innovative casino company for a long time, setting trends that other operators all over the world also applied later. Jay Bean is the Vice President of Caesars Enterprise Table Games, and he has announced some really exciting changes that could revolutionize the way table games work in Caesars’ casinos.

Bean admitted to being envious of all the video slot games with progressive jackpots that eventually became an essential part of many slots. Whenever you play a progressive jackpot slot, you get an opportunity to win a huge prize which is the product of many people placing bets. As long as nobody wins a progressive jackpot, the final prize will continue to rise. At the moment someone wins the jackpot, the prize resets to the lowest set value and continues to grow once again as new players come to play.

Bean stated that table games had always been a very simple product that involved only cards, dice, and chips. Unlike slots, which are continually being upgraded, table games pretty much remained the same with a couple of variants that were offered to the players. According to Bean, table games were never able to offer a life-changing sum of money to lucky players.

However, the officials at Caesars decided to put an end to such a division and, in a way, revolutionized how table games work, making them more inviting to the casino game lovers. This huge change has been happening for more than a year as Caesars has slowly been introducing progressive jackpots to table games. This concept was always associated with slot machines, but it seems that it has found its way into table games as well, and Caesars officials are very happy with how things are going when it comes to this novelty.

The History of Table Games Progressive Jackpots

The first progressive jackpot in table games was introduced after Caesars unveiled a Fortune Pai Gow Poker Progressive Jackpot all over Nevada last years. Not long after that, they did the same for all their blackjack games as well as poker derivative tables. In other words, progressive jackpots at table games were all over Nevada starting 2019.

The expansion was pretty quick and, at the moment, they have approximately 270 table games that have progressive jackpots. There is a total of 140 poker derivative tables, 90 blackjack tables, and 40 pai gow poker tables. These are spread across 12 properties in the state, becoming the biggest linked table network in the country.

If you are looking for a casino where you can play progressive jackpot table games make sure to check out Harrah’s Laughlin Casino & Hotel, Harrah’s Lake Tahoe Hotel and Casino, Harrah’s Reno, The LINQ Hotel & Casino, The Cromwell, Flamingo Las Vegas, Planet Hollywood Resort & Casino, Bally’s – Las Vegas, Paris Las Vegas, Harrah’s Las Vegas Casino & Hotel, Rio All-Suite Hotel & Casino, and Caesars Palace.

Bean also added that the officials at Caesars loved the new addition to their table games as players really seemed to enjoy it and as they couldn’t be matched by other competitors. Furthermore, he added that smaller places such as Reno and Laughlin had a huge benefit as they would never be able to make a $2 million progressive jackpot on their own. Now that they are a part of this huge casino network, the progressive jackpot created by all players from all Caesar casinos will be accessible even to the players who visit those properties.

A couple of players were also lucky enough to win the progressive jackpot, and the three luckiest ones managed to win jackpots which were over a million.