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California, Louisiana

Here’s a Look at Louisiana’s Casino Revenue For September

James MurrayBy James Murray

Golden Nugget Lake Charles

Louisiana is known for having one of the largest and most successful casino industries in the Southern United States. Unfortunately, all of the state’s gambling venues have been badly affected by the events that have been unfolding over the past eight months. Today, we’re going to look at Louisiana’s casino revenue for September.

Things appear to be getting better here. The casinos operating in this state still have a long way to go before they reach pre-pandemic levels, though.

Here’s how much the casinos here managed to bring in last month.

Hurricanes Continue to Affect the Casinos in Louisiana

The state of Louisiana has a casino industry that dates back decades. The majority of gambling venues here are riverboat casinos located in the coastal regions. There are also several popular Native American casinos and “racinos” offering both racing odds and select casino games.

All of these casinos have been hurting this year. For a time, they were forced to remain closed due to health concerns. They began reopening over summer, yet hurricanes have continued to force additional closures.

Back in August, Hurricane Laura struck the Lake Charles area of Louisiana. This part of the state is known for having a huge number of popular casinos. Unfortunately, this hurricane caused the roof of the Golden Nugget Lake Charles to blow off.

Just last week, Hurricane Delta struck the area once again. The casinos were all forced to close down and many are reporting damage. These storms are making an already-difficult year even tougher for the casinos here.

Casino revenue earnings have been fluctuating for months. Some of the major gambling venues here seem to be performing better than others. Today, we’re going to talk about how much the casinos around the state managed to bring in this September.

Some are surprised to see how much money these casinos brought in.

Breaking Down Louisiana’s Casino Revenue for September

Prior to 2020, Louisiana was seeing its gambling revenue increase rapidly. Several new gambling venues have opened here over the past few years. Each time a revenue report comes out in 2020, it becomes clear that this industry still has a long way to go to recover.

New reports from the Louisiana Gaming Control Board show that all of the state’s gambling properties managed to bring in $126 million over the month of September. That’s a drop of 31.3% when compared to the same month in 2019.

The riverboat casinos here managed to bring in the most money. Incredibly, the three riverboat casinos based in Baton Rouge actually saw a 4.6% revenue increase when compared to September of 2019. Lake Charles saw a major dip.

Partly due to the aforementioned hurricanes, Lake Charles saw its casino revenue drop by 64.9% year-on-year. The casinos here managed to bring in just $21.8 million. It’s important to note that some of the casinos here were closed for the entire month.

Video poker is surging here, bringing in $54.5 million. Much of this was earned from the Baton Rouge casinos, which saw $18.8 million in September. The casino industry in New Orleans saw a drop in revenue of 31.2%.

It’s going to take months, if not years for Louisiana’s casino revenue to return to normal. We’ll continue offering monthly updates as they come out. Stay tuned!

2020 Could be the Year Louisiana Finally Legalizes Sports Betting

Lawmakers around the United States have been taking a much closer look at the gambling industry lately. At a time when money is desperately needed, casino and sports betting regulations are beginning to change. 24 states have now passed bills to legalize and regulate sports gambling.

Louisiana will now send the issue of sports betting to the polls in November. Residents here will have the opportunity to decide whether or not they want to allow regulated sports betting platforms in the state. Most predict it will be approved by a wide margin.

This should help to bring the state a massive amount of money each year. States like New Jersey are earning millions each month from the industry. Not long ago, sportsbooks in NJ saw a record handle of $748 million.

It’s an exciting time for sports fans in Louisiana. Richard Carbo, one of the men leading the push for legalized sports betting, spoke about the benefits to the media recently.

“We’re losing out on more than $330 million in taxable revenue while states next door like Arkansas and Mississippi use sports wagering revenues for education and infrastructure,” Carbo said. “That revenue could be used to fund roads and bridges or help fill gaps in education funding here in Louisiana.”

Sports betting may even help to boost Louisiana’s casino revenue in the long-run. Do you think this form of gambling gets approved this year? Let us know in the comments section below!

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Casino, Massachusetts

Massachusetts Casino News – Roulette is Now Available

James MurrayBy James Murray

Encore Boston Harbor Casino

Massachusetts is currently home to several commercial casino-resorts. For most of 2020, however, these gambling venues have been forced to limit their number of available games to players. This week, an important piece of Massachusetts casino news finally came out. Roulette is coming back to the state’s casinos!

Many felt this was a long time coming. The gambling properties here are still struggling to bring in players and many felt it was due to the lack of games available. Today, we’ll take a look at what this new rule means for the state’s gambling industry moving forward.

Let’s get into it!

MA’s Casino Revenue Drops Considerably in August

Over the past few years, Massachusetts has developed a small, yet successful commercial casino industry. Two of the country’s largest casino companies, MGM Resorts International and Wynn Resorts, now own major casino-resorts here. These two companies have been in fierce competition to capture the state’s market.

Several new gambling venues are expected to open here over the next couple of years. Many analysts have been predicting that Massachusetts’s casino industry could eventually rival Atlantic City’s. Unfortunately, things shut down in March.

That month, casinos around the United States were forced to shut down. It wasn’t until July that state leaders in Massachusetts allowed these casinos to reopen. August marked the first full month that the state’s gaming properties were open to the public.

Recent reports show that during the month of August, the casinos in Massachusetts saw a year-on-year revenue decline of 17.4%. MGM Springfield managed to bring in $18.46 in August. Encore Boston Harbor reported $42.39 in gross gaming revenue. Plainridge Park, a slots-only casino, managed to earn just $10.17 million.

This is a significantly lower drop than many other states have been recording. It’s still a tough blow for the casino operators here, though. Many of them have been calling on lawmakers to allow more games inside their casinos.

After careful consideration, it seems that officials are agreeing to this new rule.

Another Piece of Massachusetts Casino News Has Just Come Out!

There are many factors that led to the drop in gaming revenue during August. Obviously fewer people are willing to visit a crowded casino right now. Many believe that allowing more games would help to attract new players.

This week, the Massachusetts Gaming Commission agreed to allow both the Encore Boston Harbor and MGM Springfield to begin allowing roulette again. Commission members have been pleased to see the safety measures these casinos are implementing. Roulette will now be allowed, yet occupancy levels allowed inside the casino will not change.

Loretta Lillios, interim director of the commission’s Investigations and Enforcement Bureau, spoke about this decision to the media this week.

“We have worked with them to identify health and safety measures that could be implemented with roulette and in doing so we tried to hew closely to the measures that the commission already approved for the blackjack-style games,” she said. “One of our obligations with a request like this is that we consult with the Department of Public Health … and the department raised no objections to the reintroduction of the game and it communicated that it is comfortable doing so in conjunction with the minimum safety measures outlined here.”

This is the Massachusetts casino news that gambling fans were hoping to hear. Roulette is one of the most popular casino games in the world. The reintroduction of this game will almost certainly help the state’s casinos to bring in more players and increase their revenue.

It will be interesting to see how this affects the revenue figures for the month of October. Many are now asking more about the state’s plans to legalize and regulate sports betting.

Sports Betting in MA is Unlikely to Come Until 2021

Since May of 2018, every state in the US has been able to legalize and regulate sports gambling. 24 states have now approved to launch their sports gambling industries. That does not include Massachusetts.

This state is well-known for having one of the most hardcore sports fan bases in the United States. Most feel the state would profit massively from a regulated sports betting industry. Several issues have come up getting a sports betting bill passed, though.

One bill seemed close to getting passed this year. The House gave its clear approval. The State Senate, however, decided to remove the bill at the last minute. It now seems impossible that sports betting will be made legal here in 2020.

Most feel that 2021 is the year this gets done. It’s clear that the majority of lawmakers now recognize the upside in this industry. Nearby states including New Jersey and Pennsylvania are earning a huge amount of revenue from their sports betting markets.

There’s a lot going on with the gambling industry here. We’re likely to receive more Massachusetts casino news over the next couple of months. Make sure to stay tuned for updates!

Are you excited to hear that roulette is allowed inside MA’s casinos again? Do you plan to visit any of the gambling venues here? Let us know in the comments section below!

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Casino

The Push to Open a Casino at Atlanta Motor Speedway Continues

James MurrayBy James Murray

NASCAR Picture

The state of Georgia is known for having some of the strictest gambling laws in the United States. Many want this to change, though. There’s been a recent push to expand the state’s gambling industry. There’s even a push to open a casino at Atlanta Motor Speedway.

This is now looking more likely. Some state officials here believe that this new casino would help boost tourism and revenue in the state. Today, we’re going to give an update on this exciting new casino plan.

Let’s get into it!

There’s Only One Month Left of the 2020 NASCAR Cup Series

NASCAR remains one of the most popular sports around the US. Back in March, news broke that this stock car racing league was officially shutting down. It was disappointing news, as the 2020 NASCAR Cup Series was already well underway.

Finally, in May, NASCAR resumed its operations. It was exciting news for the millions of fans around the world. There are some major changes set in place during this season, yet it’s managed to go on without any major issues.

There’s now only one month left in the Cup Series. We’re currently in round 12 of the Cup Championship. Things are extremely competitive right now heading into the Bank of America Roval 400. Many are now flocking to different betting sites to place their bets on the season’s winner.

Bovada, one of the best online sportsbooks in the US, is offering odds on which driver manages to win the 2020 Drivers Championship. At the moment, Kevin Harvick is listed as the betting favorite to win at +175. Denny Hamlin is listed next at +225. Want to go with an underdog? Consider a bet on Joey Logano with odds of +1200.

It’s been a fascinating Cup Series this year. The final race of the season is set to take place on November 8th. Now, many are interested in whether or not the Atlanta Motor Speedway will receive a major upgrade next year.

Here’s what we know about this situation.

More Details On the Casino at Atlanta Motor Speedway Are Coming Out

Prior to 2020, the US casino industry was thriving. Gambling destinations around the country saw massive revenue earnings and new casinos were quickly being constructed. This year, however, the casino industry has taken a massive hit.

At the start of 2020, plans were unveiled to open a new casino at Atlanta Motor Speedway. It was a major surprise for many to hear. Georgia is known for having extremely harsh laws towards the gambling industry and lawmakers have pushed against opening a real casino.

Many now feel this casino would help to benefit the state. The current plan is to construct it directly next to the race track. Speedway Motorsports president and CEO Marcus Smith claims he’s working to obtain a license for this new gambling venue.

“That is a big hope for us,” Smith said. “We’re working in the state of Georgia on the gaming license opportunity, and it’s of course taking longer than we would like and a lot of other people that have been working on it, but we’re hopeful for that. We also think that Atlanta Motor Speedway is a fantastic racetrack, and the drivers and fans have always given it high reviews. So we are optimistic about NASCAR at Atlanta and the Atlanta market.” 

This is far from a done deal, though. This casino will need to be approved from the various state government bodies. This will be much easier said than done, yet it seems that many state leaders are getting on-board with the idea.

Will Georgia ever legalize sports betting?

Georgia’s Sports Betting Plans, Explained

Back in May of 2018, the Supreme Court decided to strike down PASPA. It was a monumental decision for the country’s gambling industry. With this law gone, each state could set its own regulations towards sports gambling.

Today, 24 states have officially legalized sports gambling. Most of these states are earning a huge amount of revenue from this industry. Over in Georgia, gambling proponents have been working hard to finally get the state’s sports betting industry up and running.

There have been a few sports betting bills presented here over the past few years. This past September, the Senate Special Judiciary Committee voted to push the state’s new sports gambling bill to the State Senate. It’s exciting news for sports fans.

It’s unclear whether or not this will make its way through the legislative process, though. Georgia’s House and Senate will need to approve the bill. Then, it will need to gain approval from Governor Kemp.

There’s a lot going on here. Soon, we could see a new casino at Atlanta Motor Speedway. There’s also a chance that legal, regulated sports betting could come to Georgia sometime soon. We’ll continue offering updates on this situation over the next few weeks.

Do you think a casino should open at the Atlanta Speedway? Let us know in the comments section below!

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Las Vegas, news, Sports Betting

William Hill Receives Offer from Caesars and Apollo For a Potential Takeover

Brian WalkerBy Brian Walker

Caesars Entertainment
William Hill Plc announced last Friday that it has received separate offers from Caesars Entertainment Inc. and Apollo Global Management Inc. for a potential takeover.

The U.K.-based sports betting company said that talks on the two different cash proposals are ongoing but added that it remains uncertain if there will be a formal offer presented. William Hill said in a statement that both Apollo and Caesars have until October 23rd to make a formal offer or walk away from a potential deal as per UK takeover rules.

Per William Hill:

“Following an initial written proposal from Apollo on 27 August 2020, William Hill received a further proposal from Apollo and proposals from Caesars.”

Shares Surge

Shares of William Hill surged as much as 41% in London trading on Friday, which was an intraday record. The UK bookmaker now has a market value of about $4B. Rival betting companies also saw their stock rise last Friday with GVC Holdings Plc putting on an extra 15.5% and Flutter Entertainment Plc gaining 6.7%. Similarly, shares for Apollo was up by almost 3% while Caesars jumped by as much as 8.4%.

Apollo has a history of making investments in the gambling sector. In 2008, it joined forces with TPG for the buyout of Harrah’s Entertainment Inc. which was subsequently renamed as Caesars. Last year, the buyout firm also acquired a share in Italy’s Gamenet Group SpA.

Partnership With Caesars

William Hill already has a partnership with Caesars. Earlier this month, it was announced that Caesars had forged a deal with ESPN to link William Hill’s sports betting app in states where sports betting is already legalized in the United States. William Hill has also been appointed as the official odds provider of ESPN and as such, it will appear in all of ESPN’s platforms.

Last month, ESPN opened a high-tech studio at the Linq Hotel + Experience. The 6,000 square foot facility has been tabbed as the epicenter of ESPN’s sports-betting themed content. ESPN’s “Daily Wager” program was also transferred to the new studio which will broadcast Las Vegas-exclusive sports betting and entertainment news.

One of the World’s Largest Sportsbooks

William Hill is one of the largest sportsbooks in the world with offices in 10 different countries. Since Chief Executive Officer Ulrik Bengtsson took over last year, the company has been focused on building its online business.

Since the United States Supreme Court repealed the Professional and Amateur Sports Protection Act in 2018, William Hill has been building up its presence in the U.S. The American market has become more attractive for the company after UK gambling regulators slapped a stake limit on betting machines. This regulation led to the closure of 700 shops in Great Britain.

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Pennsylvania, Sports, Sports Betting

Philadelphia Eagles Announce Sponsorship Deal With FOX Bet

Brian WalkerBy Brian Walker


Tuesday saw another professional sports team in the U.S. sign a deal with a gambling company as the Philadelphia Eagles signed a multi-year sponsorship agreement with FOX Bet. The deal was announced on Tuesday via the Eagles website.

Said Fox Bet CMO Andrew Schneider:

“FOX Bet enhances the fan experience in a big way, and this is a fanbase that knows and appreciates big things. They’re passionate, tough and willing to do whatever it takes to win. To connect our offering to this one-of-a-kind fanbase is a game-changer. Eagles fans are going to love this, and we’re honored to have this association with a team that is primed for a successful 2020 season.”

Sponsorship Agreement

The sponsorship agreement involves broadcast, digital, and social media advertising on all team channels, custom promotions, and a strong branding presence during Eagles’ games. The deal also includes messaging on the stadium’s LED and end zone boards. FOX Bet signages will also be placed on the concourse levels

FOX Bet will also serve as the presenting sponsor of Eagles Edge, which is a new program that airs on the team’s digital channels after each of their games. Filmed on game days when the Eagles are playing at Lincoln Financial Field, this series will be broadcast via the Eagles Official YouTube Channel, Eagles Official Mobile App, PhiladelphiaEagles.com, Eagles social media channels, and the team’s other digital channels.

Premium Lounge and Interactive Studio

The Eagles also revealed that it includes the construction of a FOX Bet-branded premium lounge and interactive studio at Lincoln Financial Field. The lounge will feature exclusive content across all platforms and will be presented by Eagles on-air personalities, Eagles Legends, and FOX Bet contributors.

Once fans will be be allowed to watch the games, the lounge will be open to ticketed guests on game day. The 4,000 square-foot studio can accommodate up to 380 persons. Guests will enjoy all-inclusive food and beverage options. They will also be entitled to behind-the-scenes premium access, prime locations to watch player arrivals, and live post-game press conference. Fans can access the studio two and a half hours before kickoff and one hour after post-game.

Betting-related deals in the NFL

The Eagles are the second professional sports team to sign a sponsorship deal with FOX Bet. Last year, the Philadelphia 76ers also entered into a multi-year sponsorship contract with FOX Bet.FOX Bet is a mobile casino that was formed from the partnership between The Stars Group and Fox Sports.

Since the NFL cleared its clubs to sign betting-related deals last spring, some NFL teams have been busy making deals. The Denver Broncos have signed pacts with BetMGM, Betfred, and FanDuel. The Detroit Lions also have a deal with BetMGM. Likewise, the NFL has inked betting partnership contracts with BetCris, 888Holdings, and SkyBet.

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New Jersey, Sports Betting

New Jersey Registers All-Time High of $667M in Bets Taken for August 2020

Brian WalkerBy Brian Walker

New Jersey
New Jersey had its best betting month ever in August 2020. According to the latest revenue data released by the state’s Division of Gaming Enforcement on Monday, New Jersey’s sportsbooks took a total $667.9M in bets for the month of August 2020. That’s double the amount they received in August 2019 and it is also an all-time record for monthly bets taken by any state with a regulated betting market.

Said FanDuel spokesman Kevin Hennessy via ESPN:

“It was good to have sports back in August. The NBA and NHL bubbles and MLB’s strong return gave sports betting in New Jersey the needed boost to a record month.”

All-Time High

The previous all-time high for a state with legal sportsbetting  was $614.1 which was achieved by Nevada in November 2019., it was highest betting revenue since sportsbetting was was introduced in the Silver State in the 1950s. But New Jersey’s August 2020 figures topped that, even without the NFL, America’s favorite sport to bet on.

According to the report, the “other sports” category picked up the bulk of the August revenue with a total of $204.9M. Other sports are classified as sports other than baseball, football, basketball, and parlays. The NBA took in an estimated $166M bets while MLB accounted for around $150M in wagers. Parlay bettors were glad to see major sports return and the total handle for these events was $144.9M.

Record May Not Last Long

Despite the fact that the COVID-19 pandemic health restrictions limited New Jersey’s casinos to 25% capacity, betting action picked up. According to the report, 90% of the total amount wagered was placed in online platforms in the Garden State. New Jersey sportsbooks won a net amount of $39.5M on sporting events that took place in August 2020.

With the NFL and college football seasons beginning last week and the NBA, MLB, and NHL continuing with their seasons this month, New Jersey’s numbers are even expected to get better and August’s record figures may not last long. The Garden State’s sportsbooks have amassed $2.5B from January to August 2020, despite the pandemic. Last year, New Jersey’s sportsbooks saw a total of $2.53B placed bets over the same season.

The Garden State isn’t the only state to report all-time high numbers during the month of August. Indiana’s betting handle jumped by $100M from July to a total of $169M last month. Likewise, Iowa’s handle rose 120.1% to $53M. On the other hand, West Virginia reported that its sportsbetting handle tripled last month.

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Arkansas, Casino

Gaming Revenue in Arkansas Finally Starts to Increase

James MurrayBy James Murray

The state of Arkansas is home to just three casinos. Over the past few months, these properties have seen their gambling earnings drop dramatically. Fortunately, it appears that gaming revenue in Arkansas is finally starting to increase.Arkansas State Sign

Like all other states, Arkansas has a casino industry that is struggling. It will likely be years before things go back to pre-pandemic levels. Today, we’re going to take a look at exactly how much money the state’s different gambling platforms managed to bring in.

Let’s get into it!

Arkansas’ Casino Industry Was Given Permission to Reopen in May

It’s been a very unusual year for the US land-based casino industry. Each state has set its own regulations towards casino properties. Over in Arkansas, these regulations were fairly strict and all casinos were closed here for months.

Lawmakers in Arkansas ordered casinos to shut their doors back in March. The three gambling venues here immediately ceased all operations and even state officials were unaware of when these properties would open again. It wasn’t until mid-May that permission was given for casinos here to open back up.

Obviously, these regulations crippled the state’s gambling industry. That includes the new sports betting market here. As many are aware, Arkansas passed a law to allow sports betting back in July of 2019.

Unfortunately, online sports betting is not allowed in Arkansas. Most states with legal sports betting options offer internet wagering platforms. This has helped these states to bring in some valuable revenue over the past few months.

Over in Arkansas, only in-person sports betting is regulated by the state. Many now feel it’s time for the state to change these regulations. It would almost certainly result in a major revenue increase each month.

Casinos have been open here months. Things aren’t great, yet they finally seem to be improving.

Analysts Predict that Gaming Revenue in Arkansas Will Continue to Increase

Almost every state around the country has seen its casino revenue decrease this year. In some states, this has proven to be devastating. Arkansas isn’t known as a major gambling destination, yet it’s still lost an estimated $1.4 billion in gambling revenue in 2020.

The casino companies here are feeling the effects of this drop. Revenue has remained low since July and no one seems to know if things will ever return to normal. Analysts are now looking at the figures over the past two months and reports show that the state is beginning to see an upward trend.

Most of the casinos in Arkansas are still only operating about half of their gambling machines. Interestingly, revenue from these casinos has increased each month since reopening. The amount of money earned at the Hot Springs Casino, for example, increased to $104 million in June and $120 million in July.

Oaklawn Racing Casino Resort is seeing a modest increase, too. General Manager Wayne Smith expressed his excitement with this development to the media this week.

“We are pleased with where our business volumes are today given we are in the middle of a pandemic,” he said. “We are proud to maintain the highest standards of cleanliness and believe we are one of the safest businesses to visit.”

Southland Casino Racing is seeing the biggest monthly increase. This property earned $92 million in mid-May, $200 million in June, and $242 million in July. It’s clear that gaming revenue in Arkansas is increasing and most analysts predict this will continue for the rest of 2020.

New Jersey Sets New Sports Betting Revenue Record

Nearly all states are now allowing their casino industries to reopen. Some are finding more success than others. It’s now clear that the states with regulated online gambling options are profiting the most.

New Jersey took its time getting its casino industry back on track. It wasn’t until July that gambling venues here were allowed to begin operating again. Tourism rates were slow to increase here and land-based casino revenue remained fairly low.

Sports betting revenue, however, has been surging in this state. Here, online sports betting is regulated and hugely popular. News has just surfaced that New Jersey earned $668 million from its sports gambling industry in the month of August.

That’s the most sports betting revenue ever earned from a US state during a single month. Casino companies here are profiting massively from this surge. More states without a regulated online sports betting industry are now taking a closer look at their regulations.

That includes Arkansas. It’s now clear that gaming revenue in Arkansas is increasing each month. The introduction of online sports gambling will help the state to make up for much of the money that was lost throughout 2020.

Are you surprised to see casino earnings finally increase? Let us know in the comments section below!

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Casino

Casinos in Colorado Are Finally Beginning to Bounce Back

James MurrayBy James Murray

It’s been several months since Colorado’s commercial casinos were given permission to begin operating again. Unfortunately, the amount of revenue earned from these gambling venues has been considerably less than it was last year. New reports show that the casinos in Colorado are finally starting to bounce back.Shape of Colorado State, Red Casino Chip on Top of State

It’s fantastic news for the state. The casinos here help to boost tourism, provide jobs, and bring Colorado large amounts of revenue every month. Today, we’re going to look at what is contributing to the rise in gambling earnings here.

Let’s get into it!

The US Casino Industry Continues to Struggle Heading into Fall

When casinos around the US were ordered to shut down back in March, many felt things would only remain that way for a couple of weeks. It was an unprecedented move for cities like Las Vegas that rely almost entirely on these casinos. As the weeks went on, it became clear that the casino industry would be severely affected.

Certain areas of the country were hit harder than others. Las Vegas and Atlantic City immediately began looking at ways to safely get casinos open again. Other states made it clear that it would take time to get any crowded casinos, including casinos, open to the public again.

Each state has taken its own approach to reopening casinos. Nevada Governor Steve Sisolak gave casinos the green light to open back up in June. New Jersey waited until July to get Atlantic City up and running again.

New York was the last state to lift its restrictions on commercial casinos. News broke at the end of August that casinos in the state would finally open up in mid-September. Several of these casinos are now operational again.

Some fear that things may be forced to shut down again once the colder weather approaches. Health experts warn that cases are likely to increase dramatically over the next few months. Casino companies will likely do everything they can to prevent another major shutdown.

Over in Colorado, the gambling industry appears to be slowly improving.

NFL Betting and Table Games Are Already Helping the Casinos in Colorado

Many are surprised when they hear that Colorado has one of the largest casino industries in the Western United States. Lawmakers in this state ordered all casinos to shut their doors in March. It wasn’t until June that commercial casinos here were allowed to begin operating again.

The casinos in Colorado took longer to bounce back than others in nearby states. It was tough for the many residents employed inside these properties. Officials inside the three cities where casinos are located have been looking at ways to boost gaming revenue.

Not long ago, a measure was approved to finally allow table games inside the state’s casinos. These have been prohibited over the past few months over fears they attract crowds. Casino owners here claim they are already seeing a major increase in visitors with these games now available.

“Our dealers are really excited to be back at work,” Monarch Casino COO David Farahi said. “We want to make sure that we have a density that still allows for social distancing in the building.”

Sports betting was made legal in Colorado earlier this year. This industry is already helping to boost revenue. With the 2020 NFL season now underway, gambling revenue in the state is increasing rapidly once again.

Things are far from normal for the various casinos in Colorado now operating. Things may never return to the way they were in 2019. Fortunately, it appears that these casinos are seeing an uptick in revenue. Hope is that this continues for the rest of the year.

US Sports Betting Revenue is Expected to Surge This Fall

The popularity of sports gambling has been rapidly increasing around the United States since May. Interestingly, many states have seen record revenue earnings in 2020. It’s a surprising statistic when considering many US sports leagues were completely shut down for several months this year.

On September 10th, the 2020 NFL Season officially kicked off. It’s expected to be one of the most-watched seasons in recent history. Many analysts also expect it to be one of the most wagered on seasons ever.

Sports betting revenue is already increasing with the season now underway. As we just mentioned, casinos in Colorado saw their revenue earnings increase dramatically. Sportsbooks around the country are expected to see an increase, as well.

Some fantastic online sportsbooks are available throughout the entire country right now. One that many football fans are flocking to is Bovada. This site is known for being safe and offering its members a huge range of different NFL odds.

It’s great to see that sports betting earnings are up right now. Casinos certainly need it. Stay tuned for more reports on gambling revenue over the next few weeks!

Do you plan to visit any casinos in Colorado this year? Let us know in the comments section below!

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Casino

Nebraska’s Casino Industry May Soon Open Up

James MurrayBy James Murray

The state of Nebraska is known for having some of the strictest gambling laws in the country. Here, all commercial gambling venues are completely prohibited. Interestingly, a new measure has just been approved here that could help to finally expand Nebraska’s casino industry.Nebraska Casinos

Many feel that it’s time for this state to update its regulations towards the gambling industry. That’s particularly true now, at a time when the state is in serious need of revenue. Today, we’re going to look at how the state’s casino laws may change.

Let’s get into it!

Most States Have Now Reopened Their Casino Industries

For the past few years, the casino industry in the United States has been thriving. Several states quickly grew to become major gambling destinations. That includes several states in the midwest such as Ohio and Oklahoma.

This past March, things took a major turn. State leaders around the country began ordering their casinos to shut down as the global pandemic took hold. This proved to be devastating for states like New Jersey and Nevada.

As the weeks went on, officials in these states began to see that these regulations could not remain in place forever. Casinos employ a huge number of people around the country and are necessary for bringing states revenue. Finally, Nevada’s leaders announced that casinos would be allowed to open back up in June.

Other major casino destinations took notice. Eventually, news broke that New Jersey was set to allow its major casino-resorts to open their doors in July. We’re now in September, and almost every single state has decided to open its casino industry.

New York was the last state to allow its commercial casinos to reopen. This state was hit extremely hard by the pandemic early on. As a result, the state’s leaders have been very hesitant to allow crowded venues such as casinos to open their doors again. Fortunately, Governor Cuomo has confirmed that casinos here will reopen next week.

Many are now looking at whether or not it’s time for Nebraska to change its casino laws.

The Public Will Soon Vote On the Future Of Nebraska’s Casino Industry

As we said earlier, Nebraska is known for having an extremely tough set of gambling laws. Here, most traditional gambling venues are completely banned. Tribal casinos are allowed here, yet commercial casinos are illegal.

Many of the state’s lawmakers have complained that these regulations are outdated. Most states around the country now allow and are profiting massively off their casinos. This week, several gambling proponent groups have succeeded in getting a measure to allow casino gambling in state race tracks on November’s ballot.

Residents in the state will now have the opportunity to vote on whether or not to allow Class III casino games inside Nebraska’s race tracks. Omaha, Lincoln, South Sioux City, Columbus, Hastings and Grand Island all have tracks that could offer these casino games. Many analysts predict the measure will be approved by a wide margin.

Not everyone is pleased with this decision, though. Governor Pete Ricketts has condemned this decision and is calling on Nebraskans to push against this move.

“While I respect the judgment of the Court on the gambling initiatives, I urge Nebraskans to keep gambling out of the Good Life when they head to the polls in November,” he said. 

The supporters of this bill believe that opening Nebraska’s casino industry will help the state generate some much-needed revenue. Many residents here make the trip to neighboring states to gamble. Legal casinos would help to keep money inside Nebraska.

We’ll need to wait and see how state residents respond to this measure in November.

Sports Betting Could Soon Become Legal in Nebraska

Nebraska’s Supreme Court made a historic decision to allow a gambling measure to appear on November’s ballot. For the first time ever, commercially-run casinos may finally be allowed in the state. Interestingly, sports betting could finally come to this state, as well.

Back in May of 2018, the Supreme Court decided to strike down PASPA. Doing so gave every state in the country the ability to legalize and regulate sports gambling. 24 states around the country have already passed bills to allow sports gambling and most are seeing huge revenue jumps from this industry.

Nebraska’s casino industry may open up after November’s ballot. Many now feel that a measure to allow sports betting should appear on the ballot, as well. It will almost certainly help to bring the state a huge amount of money each year.

Sports betting revenue is up around the entire country. That’s particularly true in areas of the country that allow online sports gambling. Many states, even those with harsh laws towards casino gambling, are now choosing to allow this form of gambling.

It’s a very interesting time for the gambling industry in Nebraska. Things are clearly changing here. Stay tuned for more updates as November rolls around.

Are you excited to see Nebraska’s casino industry open up? Should sports betting be legal here? Let us know in the comments section below!

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news, Sports, Sports Betting

William Hill and CBS Rollout New Fantasy Football Offerings

Brian WalkerBy Brian Walker

William Hill
William Hill US and CBS Sports announced on Wednesday that they are rolling out new product offerings to kick off their partnership ahead of the fantasy football season in the US.
The fantasy football season follows the schedule of the current NFL Season which begins on Friday, September 10, 2020 and ends on January 3, 2021.

In a statement released on Wednesday, William Hill President of Digital Ken Fuchs said:

“Our partnership is a first-of-its-kind, creating an experience geared to the sports fan and fantasy player that showcases William Hill content and products across the CBS Sports Digital landscape. We’re ready for fantasy football season to begin and can’t wait to introduce fans to the future of sports betting while taking their game to the next level.”

Educating Sports Fans

The rollout includes a new parlay free-to-play game as well as extensive odds and data coverage across all CBS platforms. Product integration also involves fantasy game enhancements, interactive betting markets within scoreboards, and extensive betting content. It also gives sports bettors access to educational tools such as prop and bet calculators.

According to William Hill, most of the offerings are intended to educate sports fans on how to make picks for fun, understand the sports betting market, and go directly to William Hill’s products to complete their betting transactions seamlessly in states where it is live.

Currently, William Hill US is available in 11 states where sports betting has been legalized plusThe Bahamas and the District of Columbia. Its mobile offerings are available in Colorado, Iowa, Nevada, New Jersey, and West Virginia.

Exclusive Sportsbook and Wagering Data Provider

Last February, William Hill took a huge step in its US expansion when it announced that it had forged a strategic partnership that would make it the exclusive sportsbook and wagering data partner of CBS Sports across all platforms, including CBS Sports Fantasy which is one of the largest fantasy platforms in the world.

Under the agreement, CBS Sports will utilize William Hill’s odds, experts, and more than 140 sportsbooks to solidify its digital presence. In return, William Hill will receive exclusive rights to promote its brand across all CBS Sports’ range of digital properties, including CBS Sports Fantasy.The deal kicked off with the initial integrations last March and with the start of the NFL season, the full rollout is now live.

The new betting experiences are currently rolled out across all CBS platforms including CBSSports.com, CBS Sports Fantasy, SportsLine, CBS Sports HQ, and CBS Sports Fantasy Mobile Apps.