A Great New Sportsbook in Colorado is Set to Launch

The popularity of sports betting is growing every single month in the United States. More states are now choosing to legalize this popular form of gambling. According to new reports, a fantastic new sportsbook in Colorado will be launching later this year.Colorado Flag Picture

Many analysts predict that Colorado will have an extremely successful sports betting industry. Today, we’re going to look at the road to sports gambling legalization here. We’ll also look at which sports betting company is entering this state.

Let’s get into it!

Colorado Lawmakers Legalize Sports Betting

Just a few years ago, the only state in the country that could legally offer sports betting was Nevada. It was frustrating for many other state leaders who recognized how much revenue could be earned from this industry. Eventually, these officials decided to argue their opinion in court.

In May of 2018, the Supreme Court decided to remove PASPA. This immediately allowed every state in the country to set its own laws on sports gambling. Within weeks, states like New Jersey and Delaware announced that sports betting was now legal.

The states with legal sports gambling options began earning serious revenue. As a result, more state leaders began looking into the possibility of regulating sports betting. Even states known for their harsh gambling laws are starting to embrace this industry.

Since PASPA was struck down, lawmakers in Colorado began pushing to allow sports betting. Eventually, a bill was approved in the House and Senate. It then went to a public vote and was approved by the masses in November of 2019.

It’s extremely exciting for sports fans here. As most are well-aware, Colorado is home to several major sports teams. This state should manage to earn a huge amount of revenue from this newly-legalized industry.

A Great New Sportsbook in Colorado is Opening This Year

For obvious reasons, Colorado is a very exciting new sports betting market for many companies. Several of the country’s top sports gambling operators have already expressed a desire to break into this state. This week, news broke of another major sportsbook that’s set to open here.

This company, called SuperBook, has announced that it’s expanding to the Black Hawk’s Lodge Casino in Black Hawk, Colorado. Those who are familiar with this company are already getting excited. SuperBook currently operates the biggest sportsbook in Las Vegas.

The SuperBook is located at the Las Vegas Westgate Hotel. It’s 30,000 square feet and features the largest sports video wall in the city. This company is now teaming up with Jacobs Entertainment to break into the Colorado market.

JJ Garcia, vice president of operations for The Lodge, spoke about this new partnership to the media this week.

“Having Jay Kornegay lead this exciting opportunity is an added benefit Colorado fans are sure to appreciate,’’ he said. 

Jay Kornegay, the leader of this casino’s sports betting operations, is also optimistic about the future.

“We believe The Lodge is a perfect fit for our initial expansion opportunities outside Las Vegas,’’ he said. 

Initially, the new sportsbook in Colorado was set to open on May 1st. Due to new restrictions, this opening date is now being pushed back.

When Will the US Sports Industry Open Back Up?

Over the past month, the entire US professional sports industry has been turned upside down. This is due to the spread of a new coronavirus called Covid-19. This virus has a unique ability to spread and as a result, all professional sports have been forced to suspend their operations.

It’s unclear when this will change. At the moment, states around the country are seeing their infection rates increase rapidly. New York, in particular, is experiencing a huge surge in both infections and deaths.

As long as infections are increasing, sports leagues will remain closed down. This is hurting the sports betting industry, and some sportsbooks in major cities are now in danger of shutting down permanently.

Several leagues have looked at plans to get around these regulations. This includes the MLB, which is considering holding all games inside the same venue. Even the UFC has been forced to close down, despite the company’s attempts to keep things rolling.

Eventually, things will get back to normal. This will be exciting for states with legal sports betting options. We’ll need to wait and see how successful the new sportsbook in Colorado ends up being.

Stay tuned for more Colorado sports betting news over the next few weeks!

Florida’s Casino Industry is Still Up and Running

As Covid-19 spreads all around the world, more states are forcing their casinos to close down. For now, lawmakers in Florida are not setting these regulations. Florida’s casino industry is still up and running, despite more cases of the coronavirus popping up.Florida

Exactly how long these gambling venues will be able to keep operating is unknown. Florida’s state government may soon force these casinos to shut down. Let’s take a look at what exactly is happening here.

More Cases of Covid-19 Are Being Reported in Florida

The new coronavirus has now officially infected individuals in all 50 US states. Infection rates are beginning to skyrocket and many fear that our healthcare system will soon be put under intense strain. As time goes on, more cases of Covid-19 are beginning to emerge in Florida.

More than 280 Florida residents have tested positive for the virus. Many believe the true number is considerably higher, though. Just hours ago, news broke that the first death from the coronavirus in Northeast Florida has taken place.

Lawmakers in the state are taking a more lenient approach than many others, though. For reasons unknown, Florida is still allowing major beaches to stay open to the public. Bans on large public gatherings have not been announced here.

Every hour, it seems like more cases are emerging in this state. This is likely to continue for the next few weeks. Unless significant changes are made, Florida will continue to experience a major surge in Covid-19 cases.

Florida’s casino industry has seen its fair share of problems, yet it continues to operate. Here’s how gambling venues here are responding to the situation.

Florida’s Casino Industry Continues to Operate

Florida is home to many casinos. Some are racinos, and others are major Class III venues owned and operated by Native American tribes. The Seminole Tribe, which owns Hard Rock International, controls several major casinos in the state.

One of the biggest is the Seminole Casino Hotel. This massive venue, located in Immokalee, draws in many visitors from around the state. Not long ago, however, a man who visited this venue ended up passing away from Covid-19.

That isn’t stopping this property from operating. The Seminole Casino Hotel is continuing to run its operations. In fact, most of Florida’s casino industry is continuing to run as if nothing unusual is happening.

Not every casino is taking this approach, though. This week, two South Florida casinos announced they were officially closing their doors to the public. The Casino at Dania Beach and the Big Easy Casino have voluntarily closed their doors.

It seems very likely that the state will shut these venues down. Infection rates in Florida continue to increase. Soon, lawmakers here will have no other option than to close down all gambling establishments.

More States Are Forcing Casinos to Close

At the moment, Florida’s casino industry is continuing to operate. Many other states are taking a different approach. Casinos around the country are now being forced to shut down.

This includes Las Vegas. Yesterday, Nevada Governor Steve Sisolak announced that all casinos in the state are now being shut down. This is devastating to Las Vegas, which relies heavily on its gambling industry for revenue.

New York has also closed down its casino industry. Most of the gaming venues here are in Upstate New York. Governor Cuomo is not announcing when these casinos will be allowed to resume operations.

Online gambling is growing more popular every day in the US. Even Florida casino sites are growing extremely popular. Many of these websites offer even more gambling options than the top land-based casinos in the state.

Florida’s casino industry is still up and running. Don’t expect this to last for much longer, though. Soon, online casino gambling will be the only option available here.

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

Connecticut’s Gambling Industry Set for Major Expansion

Connecticut isn’t typically thought of as a gambling hub. Fortunately, lawmakers here have taken a fairly relaxed approach to the gaming industry. A major new piece of legislation has recently been introduced here, meaning Connecticut’s gambling industry may soon expand dramatically.Flag Of Connecticut

It’s extremely exciting for both casino and sports betting fans in the state. Lawmakers here clearly recognize the massive revenue potential from the gambling industry. Today, we’re going to look at the state’s current laws, and talk about how they might evolve over the next year or two.

Current Gambling Laws in Connecticut, Explained

As we already mentioned, Connecticut is thought of today as a pretty liberal state when it comes to gambling. Today, most traditional forms of gambling are perfectly legal here. A couple of popular land-based casinos operate in this state, one of which is located in Ledyard and the other in Uncasville.

Both of these casinos are run by Native American tribes. These tribes were given permission to open the gambling venues after the Supreme Court passed the Indian Gaming Regulatory Act in the late 1980s. They now pay 25% of their slot revenue to the state.

For years, tribal leaders in Connecticut have been pushing to open a new casino in East Windsor. Unfortunately, the state has pushed against these plans, pointing out the fact that East Windsor is not sovereign land. It’s a complicated issue that continues today.

Certain lawmakers in this state have also been pushing to allow sports betting. Since May of 2018, every state in the country has been able to set its own laws on sports gambling. As of now, more than 20 states have chosen to legalize this form of gambling.

Expanded casino and sports betting laws are now officially being considered in Connecticut. If everything plays out correctly, Connecticut’s gambling industry is going to expand significantly.

Legislation to Expand Connecticut’s Gambling Industry is Introduced

More states are beginning to look closer at their set of gambling laws. Ever since PASPA was removed, lawmakers across the country have begun to realize how much revenue can be obtained through legal sports betting and casino gambling options. This is now the case with Connecticut, as well.

This week, members of the Senate Democratic majority began pressuring Governor Ned Lamont to expand Connecticut’s gambling industry. These Senate leaders officially endorsed a piece of legislation that would allow the state’s Native American tribes to offer sports betting inside casinos.

The bill would also allow for a new casino to be constructed in Bridgeport.

Lawmakers here pushed for this gambling expansion plan last year. Unfortunately, Governor Lamont struck these plans down. Senator Cathy Osten drafted this year’s legislation and believes that it will benefit the state in the long run. Senator Dennis Bradley agrees.

“This is about making sure that moving forward, everybody has a slice of the pie, that we don’t put people against each other,” Bradley said. 

Lamont and his team have not yet commented on the new plans. We’ll need to wait and see if he offers any objections over the next few months.

Online Casino Options Are Already Available in Connecticut

There are a huge number of individuals that are eagerly awaiting online gambling to become regulated in Connecticut. Many are unaware that internet casino options are already available! Some of the best US casino sites are already operating in Connecticut and most offer a massive range of wagering options.

None of Connecticut’s laws state that it’s illegal to play casino games online. The casino websites here are unregulated by the state government, yet the majority of them are perfectly safe and offer a variety of payment options.

The legislation introduced this week has the power to expand Connecticut’s gambling industry significantly. Interestingly, there’s a section of the bill that will allow for online casino games to be offered. If approved, the tribes will be able to provide internet casino gambling options to Connecticut players.

It seems very likely that sports betting will be approved here soon, as well. Most of the states with legal sports betting options are earning millions of dollars a month from the industry. Connecticut wants a piece of that action.

This is a very exciting time for gambling fans in this state. Make sure to stay tuned for updates over the next few months!