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Michigan is currently home to 27 tribal and commercial casinos. The state’s gambling venues help to bring in a huge amount of valuable revenue. New reports indicate the popular Motor City Casino will officially open to the public on Wednesday.

This is one of the top casinos in the Detroit area. Analysts remain torn on whether or not this venue can bring in a large number of players right now, though. Today, we’re going to talk about how the state’s casino industry will fare over the next few months.

Let’s get into it!

Report Indicates Casinos Bring in $6.3 Billion to Michigan Annually

Over the past couple of decades, Michigan has developed a large and successful casino industry. Both tribal and commercial casinos are able to legally operate here. Most of Michigan’s casinos have been very successful over the years.

Back in March, all of the state’s casinos were forced to shut down. It was a tough blow for many local communities in this state. Casinos help to employ thousands of individuals and boost tourism. Revenue from this industry is already down considerably this year.

New reports are starting to show exactly how much money the state’s casinos bring in. New reports from the American Gaming Association have just surfaced that show casinos in Michigan bring in $6.3 every single year. It’s an incredible statistic that shows how important this industry really is for the state.

Casinos generate an estimated $1.3 billion in taxes for the state every year. Casinos here also pay out nearly $2.1 billion in wages to employees here. Lawmakers realized these gambling venues couldn’t stay closed forever and finally agreed to allow some of them to reopen this week.

On Wednesday, many of the state’s commercial casinos will finally begin accepting guests again. Much of the focus is on the casinos in and around Detroit. Analysts question how many people will be willing to visit these venues right now.

Motor City Casino is Set to Open Back Up Tomorrow

Michigan has taken its time opening back up. Unlike some states around the country, it’s been slowly phasing into new reopening plans and for the most part, rates of Covid-19 have been relatively low here. As time went on, however, more residents here began demanding that casinos be allowed to reopen.

As we just mentioned, these gambling venues employ a huge number of people throughout the state. Lawmakers finally agreed to safety measures introduced by casino companies and have given the green light for many to reopen tomorrow, August 5th. That includes the highly-popular Motor City Casino.

This property first opened in 1999 and has grown to become one of the most popular casinos in the state. When it finally reopens, things will look considerably different than they did at the start of 2020. Officials within the casino are offering a quick look at what guests here can expect.

For the foreseeable future, dealers will all be required to wear shields over their faces. Everyone in the casino will be required to wear masks. Plexiglass barriers have also been installed on table games to separate and protect players. Slots have been separated to promote social distancing, as well.

In total, this popular Detroit casino will only be allowed to take in 15% of its total capacity. That comes out to just 1,600 people.

Bruce Dall, President of the Motor City Casino, also cast aside any hopes of eating inside the casino.

“There won’t be any eating inside the casino because you have to lower your mask,” Dall said. “You have the opportunity, quite frankly, to order drinks though the slot machine. A cocktail server will bring it to you in a disposable glass, and when you’re seated at a machine, you can drink it — pull your mask down, take a sip, pull your mask back up.”

Casino gambling is a different experience right now. Perhaps things will remain like this for years to come. We’ll need to wait and see how much revenue this popular gaming venue manages to bring in over the next few months.

Can Sports Betting Help to Make Up for Lost Casino Revenue?

Even after the casinos in Michigan reopen, revenue here will likely be significantly lower than it was last year. We’re seeing significant losses in cities like Las Vegas, which allowed their casinos to open back up in early June. Some are now pointing towards Michigan’s new sports betting industry as a way to generate some much-needed gambling revenue.

Lawmakers in the state began presenting bills to legalize sports betting in 2018. By late 2019, many felt they’d finally come up with a safe plan to regulate this industry. Governor Gretchen Whitmer formally approved the “Lawful Sports Betting Act” in January and sports betting is now legal throughout the state.

Under the approved bill, both land-based and online sports betting is set to become available here. Several casinos have already opened their sportsbooks. Online sports betting platforms have not yet launched here.

Initially, the state’s regulated internet sportsbooks were expected to launch in 2021. Some now feel this process will be fast-tracked. Many experts feel it will help to bring the state more revenue at a time when it’s desperately needed.

In time, the Motor City Casino is likely to loosen its restrictions. The unfortunate truth is that no one knows how things will look six months from now. Make sure to stay tuned for updates!

Do you plan on visiting any casinos in Michigan? Which ones? Let us know in the comments section below!

Posted on July 20, 2020

Casino, Michigan

Casino Revenue in Detroit is Down 60% This Year

By James Murray

Many casinos around the United States have been open for weeks. Recently, revenue reports for different states have begun to surface. News has just surfaced that shows casino revenue in Detroit has dropped by an astounding 60% so far this year.

It’s a shocking reminder of how far this industry has dropped over the past couple of months. Many fear the country’s casino industry will never look the same as it did at the start of this year. Now is the perfect time to look at how much money the casinos in Detroit have been earning in 2020.

Let’s get into it!

Michigan’s Biggest Casinos Remain Shut Down

As we just mentioned, many casinos around the United States have recently begun to reopen. For many states, it was a necessity to get this industry up and running. Places like Las Vegas and Atlantic City rely almost entirely on their gambling and tourism industries.

At the start of July, lawmakers in Michigan announced plans to reopen casinos in the state. The plan was to get Detroit’s casinos operational within a week or two. Unfortunately, we’re coming close to the end of the month and there is still no word on when exactly these gaming venues will be allowed to reopen.

Cases of Covid-19 continue to increase around the country. State leaders are now beginning to roll back on their reopening plans. Michigan seems to be halting its plan to get its casinos open to the public.

This isn’t much of a surprise. Casinos, even with intense social distancing and health measures set in place, remain easy places for this new coronavirus to spread. This is an issue plaguing all casino destinations around the country.

Casino companies in this state are taking a major hit. All have lost an incredible amount of money this year. New reports have just surfaced that show exactly how much revenue has been lost here over the past six months.

Casino Revenue in Detroit Has Fallen 60% in 2020

Michigan is home to a large and successful casino industry. The majority of gambling venues in this state are Native American-run casinos. There are only three casinos, all of which are located near Detroit, that are commercially operated.

Obviously, all the casinos here are taking a massive hit due to the events taking place around the world. The commercial casinos, in particular, have been struggling immensely. New reports are now coming out that show casino revenue in Detroit has dropped by 60% so far this year.

All three of these venues are seeing much lower revenue figures when compared to 2019. Through six months of the year, these casinos have managed to bring in $299.2 million. That’s a major drop compared to the $734.5 these casinos made last year.

This is a tough blow for the state and the city of Detroit. Casinos here help to bring in a significant amount of money via taxes. Michigan earns 8.1% of a casino’s net winnings. Detroit earns 10.9%.

Casino revenue in Detroit is likely to remain low for all of this year. Interestingly, many of the Native American casinos in the state have recently started to operate again. All of them are finding it difficult to attract players, though.

Is sports betting going to help Michigan’s gambling industry survive?

US Sports Betting Industry Continues to Grow

It’s clear that the US casino industry is hurting right now. Some states have allowed their land-based gaming venues to begin operating again. Revenue from the industry is still down around the country.

Interestingly, sports betting is growing more popular than ever before. More than 20 states around the country have already legalized this form of gambling. Most of them have seen their sports betting revenue increase recently.

That’s a little surprising when you consider the fact that most sports leagues have been shut down. Fortunately, many of these leagues have finally begun to resume operations. The UFC, MLS, and PGA have all begun holding events again.

Some casino destinations are now relying on their sports gambling revenue more than ever before. Over in Atlantic City, revenue from online sports betting is still increasing. Casinos here, meanwhile, are having a difficult time drawing in players.

Casino revenue in Detroit is down nearly 60% this year. Some feel that Michigan will fast-track the plans to allow online sports betting to make up for these losses. We’ll continue offering updates on the revenue earnings here over the next few months!

Do you think the casinos in Detroit should be allowed to reopen? Let us know in the comments section below!

Posted on June 2, 2020

Casino

Now Might be the Perfect Time to Invest in Casino Companies

By Nickolas Branson

After months of being shut down, the US casino industry is slowly coming back to life. Several of the biggest casino-resorts in the country are scheduled to reopen this week. Some now feel that this is the perfect time to invest in casino companies.

Paper On Stocks And Shares

Stock prices have been fluctuating greatly over the past couple of months. There now seems to be a real investment opportunity in the gambling industry. Today, we’re going to look at what analysts predict to happen over the next few weeks.

Las Vegas Casino Industry is About to Reopen

The US has the biggest and most successful casino industry in the world. Many states around the country allow casino gambling. Some have legalized commercial casino gambling while others only permit Native American-run gaming venues to operate.

In March, however, this industry completely shut down. Every state ordered their casinos to close to the public. Health experts warned that these casinos were easy places for the new coronavirus to quickly spread.

These regulations hurt some parts of the country more than others. Perhaps no city took quite as big of an economic hit as Las Vegas. Closing the casinos here resulted in hundreds of thousands of job losses and an unprecedented amount of lost revenue.

Some of the biggest casino companies in the world are based in Las Vegas. All of them have seen their share prices plummet over the past three months. Fortunately, many of the casinos in this city are being allowed to reopen to the public on June 4th.

As a result, some of these company’s stocks are beginning to surge. Some analysts believe Las Vegas will see a massive influx in gamblers looking for an escape from the restrictions in their own states. Some now believe this is the perfect time to invest in casino companies here.

Here’s Why Some Analysts Are Recommending You Invest in Casino Companies

It might seem crazy to think about investing in the land-based gaming industry right now. Even in states that have reopened casinos, the revenue being earned is a fraction of what was coming in a few months ago. There’s no denying the fact that casino stock prices are surging right now, though.

Caesars Entertainment, MGM Resorts International, and Wynn Resorts have seen their share prices surge by more than 140% since March 18th. Penn National Gaming has risen by an astounding 780% from its lowest point in March. Ari Wald, the head of technical analysis at Oppenheimer, spoke with CNBC about the future of these stocks earlier this week.

“Typically at market turning points you’re going to see investors embrace the most beaten-up laggards. For the S&P casinos industry, we are seeing that stability over the last eight weeks. I think you test the underside of that 200-day,” he said. “It’s really just a beta trade. Yes, they overshot to the downside, getting some relief to the upside, but there’s some longer-term concerns. We think instead the premium is going to be on high-growth companies in this low-yielding recovery.”

Many feel that Macau will help to significantly raise these company’s stock prices. China has been quick to recover economically when compared to other countries. Chinese nationals are likely to begin gambling in Macau, where a number of major US-owned casino-resorts are located.

The opening of Las Vegas casinos will help things, as well. The real question is now about how many tourists will begin flocking to this city. We’ll get a much better idea over the next seven days when the casinos here open back up.

Sports Betting Continues to Grow More Popular

Since May of 2018, every state in the country has been given permission to set their own laws on sports gambling. As of today, more than 20 states have now legalized this form of gambling. It’s proven to be incredibly popular.

Prior to the global pandemic, sports betting was growing every single month. The shutdown of major sports leagues brought a stop to this. As more leagues begin to resume their operations, much of this revenue has begun to flow back in.

Interestingly, more states are becoming interested in legalizing sports betting. That includes California, which feels legalizing this industry will help the state recover economically. Lawmakers are now discussing the matter with Native American tribes in the state that want to ensure they receive revenue from the legal sports betting options in the state.

Sports betting has never been more popular than it is right now. This is another reason why so many are advising to invest in casino companies right now. Expect more of these casino companies to focus on their sports gambling options.

This is a pivotal time for the US gambling industry. We may be in for some major changes over the next few weeks.

Stay tuned for more casino news!

Posted on April 30, 2020

Indiana

4,000 Employees Get Furloughed Across 3 Indiana Casinos

By Joy Noel

Indiana Casino Three different casinos in Indiana have furloughed a combined total of nearly 4,000 employees due to the coronavirus pandemic.

The affected casinos include Harrah’s Hoosier Park Racing and Casino, Indiana Grand Racing Casino in Shelbyville, and Horseshoe Hammond.

Harrah’s Hoosier Park Racing and Casino cited they furloughed 998 employees since March 16. Indiana Grand Racing Casino furloughed 1,126 employees on April 1. Horseshoe Hammond furloughed 1,693 employees since March 16.

While these furloughs are expected to be temporary, the fluid nature of the pandemic could see them lasting longer, and possibly even be permanent.

Casinos File through the Warn Act

The Worker Adjustment and Retraining Notification (WARN) Act was put into place to help provide workers with ample time to prepare for job transitions and protection for workers, their families, and communities with the requirement that employers provide 60-days-notice of plant closings or mass layoffs.

However, with the unexpected nature of the outbreak, an advanced 60-day notice was simply not possible.

With the public health emergency, compliance was not something that could be foreseen in advance, and it’s a reason why for leeway that’s been given to the casinos.

According to Trent McIntosh, Senior Vice President and General Manager of Harrah’s Hoosier Park Racing and Casino, their notice was given as soon practically possible under the circumstances.

Indiana’s Gaming Figures Plummet in March

With figures not unique to the state of Indiana, their gaming figures have plummeted in the month of March due to the coronavirus.

It’s no surprise that American casinos have taken a heavy economic hit with the forced closure of casinos that began in March.

For the month of March, Indiana’s 12 licensed casinos and racinos made $90.6 million in adjusted gross revenue (AGR).

Compare that number with February’s AGR however, which was $192.5 million. That’s a 52.9 percent drop in gross revenue.

COVID-19 is also Crunching Indiana’s City Budget

It appears it’s not just the state’s casinos that are taking a financial blow, but the losses those casinos are generating is causing the state to cut city budgets to make up for lost direct revenue and lost employment taxes.

The state’s major attractions are looking at their budgets and cutting out any and all unnecessary attractions.

Sports Betting in Indiana Takes a Back Seat to COVID-19

March was gearing up to be a historic month for the state of Indiana, as it was the first March for legalized sports betting.

With sports being canceled due to the pandemic, however, it made for a less-than-impressive month. March was going to be chock-full of sports bets, with the NCAA Tournament and March Madness going on, but the suspension of the NBA season put that to an abrupt halt.

Things were going well for Indiana on the sports bet front in February, hitting $187.2 million in placed bets. Their betting handle for March, however, was $74.8 million.

Before March came, Indiana was fourth place in the sports betting market throughout the entire nation, an impressive feat indeed. They were only behind Pennsylvania, New Jersey, and Nevada.

Stay Tuned

With the fluid nature of COVID-19, it’s unsure whether or not these furloughs will be a temporary solution or end up being permanent.

Indiana isn’t alone when it comes to being strategic with its budget amid the coronavirus crisis. Other casinos across the country, namely Las Vegas, have also resorted to furloughs and layoffs to deal with the economic downturn of the outbreak.

We hope that Indiana’s sports betting market will bounce back once business returns to normal. We’re optimistic that it will.

Be sure to check back for coronavirus casino updates!

Posted on April 28, 2020

Casino

Legal Sports Betting Could End Up Saving Colorado’s Casinos

By James Murray

Late last year, voters in Colorado approved a measure to allow online and in-person sports betting. Many analysts predicted this new industry would be hugely profitable for the state. Some now believe that legal sports betting may end up saving many of Colorado’s casinos currently shut down.

The first sports betting options will become available here in just a few days. Today, we’re going to discuss how this form of gambling will help casinos in Colorado.

Let’s get into it!

Sports Betting is About to Go Live in Colorado

Colorado is known for having a large and passionate sporting fan base. There are several major professional sports teams here including the Denver Broncos, Colorado Avalanche, and Colorado Rockies. For years, residents in this state have asked for lawmakers to legalize sports gambling.

Up until fairly recently, however, this wasn’t possible. A set of laws called PASPA were set in place for decades that prevented any states other than Nevada from offering sports gambling options. The Supreme Court decided to remove PASPA in May of 2018.

This immediately gave every state in the country the ability to legalize sports betting. Today, more than 20 states have approved legislation to regulate this industry. Colorado voters approved a sports betting bill in November of 2019.

Since that time, officials here have worked to come up with specific regulations for this form of gambling. Both land-based and online sports betting are set to become available. The first sports betting options are now set to launch in this state on May 1st.

Of course, land-based sports betting is off the table right now. All of Colorado’s casinos are currently closed down. Hope is that the online sports wagers placed here will help to provide gambling venues here with some much-needed revenue.

Here’s How Legal Sports Betting Can Help Colorado’s Casinos

As we’ve already mentioned, more than 20 states around the country have now legalized sports gambling. Most of these states are earning an incredible amount of revenue from this industry. Many analysts predict that the sports betting industry in Colorado will be hugely successful.

This may prove to be the only gambling revenue being made in this state for the foreseeable future. All of Colorado’s casinos are currently closed down. It’s still not entirely clear when these gambling venues will be allowed to open again.

It’s an extremely difficult situation for casino companies here. Some of these venues are losing millions of dollars every week. Several of these venues have stated they will not be able to survive much longer under the current restrictions.

This is also devastating to the workers employed in the gaming industry. David Farahi, COO of the Monarch Casino in Black Hawk, spoke about the impact of this shutdown to the media.

“Every casino in America is closed right now and it’s a very trying time,” he said. “Our industry being shut down not only greatly affects the 10,000 employees that are directly employed by the industry but it has ripple effects across all the beneficiaries of gaming tax dollars.”

Sports betting may help things here. Several of Colorado’s casinos are set to launch their online sports betting platforms later this week. The revenue will be crucial to help these gambling venues survive during this time.

The truth is that no one knows when casinos here will be able to open their doors. In the meantime, these gambling venues will need to rely on their sports betting revenue.

US Casino Revenue Continues to Drop

Colorado isn’t the only state that has ordered casinos to shut down. The entire US casino industry is completely shut down and it’s costing many companies an incredible amount of money. Las Vegas, in particular, is taking a serious hit due to these regulations.

This city is known as the gambling hub of the United States. Many of the biggest and most profitable gambling venues in the world are located here. Due to the casino shutdown, tourism and gambling revenue has almost completely stopped here.

Some of the casino companies in Las Vegas are now looking at Macau for revenue. Unfortunately, revenue in this Chinese territory remains low, as well. Most experts agree that it will be a long time before Macau’s revenue gets back to normal.

Casino revenue is dropping around the country. Several states are beginning to open back up, yet casinos are likely to remain closed for some time. Online sports betting may end up being a hugely important revenue source for these gambling venues.

Colorado’s casinos remain closed to the public. It seems likely that this state begins easing its restrictions over the next few weeks. We’ll need to wait and see how the casino shutdown affects these gambling venues over time.

Stay tuned for more Colorado casino news!

Posted on April 22, 2020

Casino, Virginia

General Assembly is Ready to Review Virginia’s New Casino Regulations

By Nickolas Branson

Lawmakers in Virginia have been discussing opening up the state’s casino industry for years. It seemed as if casinos were set to become legal earlier this year, yet certain state officials are still asking for revisions to the gambling legislation. This week, the state General Assembly is meeting to discuss Virginia’s new casino regulations.

Virginia Casinos

If all goes according to plan, Class III casinos will be approved in this state before the summer. Today, we’re going to discuss the changes to gambling laws here. We’ll also look at what other forms of gambling may become available over the next couple of years.

Let’s get into it!

Virginia’s Governor is Asking for Changes to Proposed Casino Laws

More states are beginning to embrace their gambling industries. It seems like every few months, another state announces it’s becoming interested in legalizing casinos. This is certainly true in Virginia, which has been looking at the legalization of casinos for years.

As we already mentioned, it seemed like casinos would become legal here last year. Things failed to materialize, however, and another push to legalize casinos began in the beginning of this year. In February, news broke that the House and Senate approved a set of casino bills.

That didn’t mean casinos instantly became legal here. Virginia Governor Ralph Northam began taking a closer look at this legislation. Eventually, the Governor asked for an amendment to the casino bills that would allow revenue from these gambling venues to go towards public school construction.

It was a little disappointing for those hoping to see casinos legal this year. Northam’s decision now means the House and Senate will need to agree on the new terms. It’s unclear whether this will take place.

The fact that all US land-based casinos are shut down right now isn’t helping either. There are some analysts that feel the country’s casino industry will never look the same once this pandemic has ended.

This week, Virginia state officials will once again look at the casino legislation being presented.

Officials Are Now Set to Review Virginia’s New Casino Regulations

It’s clear that legalizing casinos is not easy. As many in Virginia now realize, there are several legal steps that need to be taken before these gambling venues can be approved. This includes gaining approval from the state’s General Assembly.

Once again, the House and Senate will need to review the new amendment presented by Governor Northam. These state government bodies will need to approve House Bill 4 and Senate Bill 36. If both bills are approved once again, casinos may finally become legal here.

Senator Todd Pillion gave an enthusiastic statement about this new meeting to the media yesterday.

“Fixing our deteriorating schools is an issue that unites legislators across political and geographical divides,” he said. “Republicans and Democrats from Lee County to Norfolk recognize this is an issue that needs our attention. The amendment, which I support, will allow a portion of state revenues collected from casino projects to be returned to localities to fix our schools, directly benefiting our students and teachers. I am hopeful this solution will have broad bipartisan support in both the Senate and House.”

It remains to be seen whether or not these bodies will decide to approve these bills. If they are rejected, the legislation will go back to the Governor. It would then be discussed again once again in November.

Are any other forms of gambling likely to be approved here?

Sports Betting is Likely to Become Legal in Virginia Soon

Since May of 2018, every state in the country has been able to legalize sports betting. That’s due to the Supreme Court striking down PASPA. Today, more than 20 states have officially legalized this form of gambling.

Lawmakers in Virginia have discussed plans to allow sports betting for years. It now appears 2020 is the year this happens. During today’s meeting to discuss Virginia’s new casino regulations, lawmakers will also decide on whether or not to approve sports gambling legislation.

Most feel this will happen. The main focus point will be on how much sports betting licenses cost. Under the current plans, it will cost $250,000 for a three-year license and an additional $200,000 to renew these licenses.

Most agree that sports betting will be hugely popular in this state. Virginia is known for its large sports fan base. Governor Northam seems to recognize this, and almost all analysts expect him to sign the sports gambling bills once approved by the House and Senate.

It’s an exciting time for gambling fans in Virginia. This year, two separate forms of gambling are likely to become legal here.

Do you think Virginia’s new casino regulations will be approved? Let us know in the comments section below!

Posted on March 21, 2020

Sports Betting

Sports Betting Gets Creative with Wagers: Weather, Politics, And Celebrity Bets

By Joy Noel

MyBookie Bets Screenshot What does a sports bettor do if there are no actual sports to bet on?

While the thought of sports being “canceled” in the US seemed nearly impossible two weeks ago, that’s all changed with the rapid spreading coronavirus outbreak.

Just 9 days ago, Darren Rovell with the Action Network even predicted that all 50 states would officially make sports betting legal. His prediction came on the heels of several states, including Illinois and Michigan, legally green lighting sports betting.

The first major professional sports league to suspend play was the NBA after a player contracted the virus. Soon after, the NHL and MLB followed suit, with the most recent NCAA even canceling their March Madness tournament, a highly-anticipated event for bettors everywhere this time of year.

With the global pandemic heavy in play, it wasn’t too long until Las Vegas, the gambling mecca of the world, shut down their casinos for 30 days following a mandate given by Nevada Gov. Sisolak. And other casinos across the country have temporarily shut their doors, too.

So what does that leave a sports bettor to do? No sports. No casinos. But top bookies are saying “no problem” and choosing to get creative with their line offerings instead.

This creative spectrum of wagers is ranging from weather predictions, politics, Tom Brady’s future, celebrity dead pools and more. Let’s take a look at the unique lines being offered by some of our top bookies at BestUSCasinos.org.

Bovada

Trending betting opportunities at the popular online sportsbook Bovada this week asked what the weather would look like in several different states: “What will be the maximum temperature in Dallas, Texas on March 19?”

The winner said “Under 79 Degrees Fahrenheit, ” choosing to go under -155 as opposed to +155.

Bovada Bets Screenshot

Photo: Bovada Screenshot

“The severity of what’s going on in the world right now, it’s bombarding us,” said Pat Morrow, head oddsmaker at Bovada. “You can’t really flip away from cable news. You can’t have your usual distractions. So we figured: What else are people talking about? What else are people engaging with? Hopefully this could be our own way to provide distraction.”

Bovada also offers political wagers, which seem to be quite popular among bettors. Right now, political wagers are weighing the winnings odds between Republican and Democratic candidates, and the 2020 US Presidential Election Winner.

US Presidential Election 2020 – Democratic Candidate

Democratic Candidate

Joe Biden -2000
Hillary Clinton +1400
Bernie Sanders +2500
Michelle Obama +5000
Tulsi Gabbard +20000

US Presidential Election 2020 – Republican Candidate

Republican Candidate

Donald Trump -2000
Mike Pence +1600
Nikki Haley +3000
Mitt Romney +8000
Paul Ryan +10000
Ben Sasse +15000
John Kasich +15000
William (Bill) Weld +15000
All wagers have action. More upon request.

US Presidential Election 2020 – Odds To Win

2020 US Presidential Election Winner

Donald Trump -105
Joe Biden -105
Bernie Sanders +4000
Mike Pence +5000
Hillary Clinton +8000
Nikki Haley +10000
Michelle Obama +20000
Tulsi Gabbard +50000

Data taken from Bovada

BetOnline

Tom Brady has been a hot topic of discussion during the 2020 offseason, especially amid the sport suspensions.

On BetOnline, popular lines featuring Tom Brady are focusing on his total interceptions, passing yards, and TD passes during the 2020 regular season.

BetOnline Bets Screenshot

Photo: BetOnline Screenshot

MyBookie

Keeping in line with its motto, “Bet on Anything. Anywhere. At any time.” the online sportsbook has been offering a wide variety of unique bets, including U.S. politics, Trump, and celebrity dead pools.

One wager is having bettors place odds on “who will play the next James Bond.”

MyBookie Bets Screenshot

Photo: MyBookie Screenshot

Some Sportsbooks Are Staying in Their Lanes

While it isn’t illegal to bet on politics or other creative forms of non-sports event wagers in the US, some sportsbooks are decidedly sticking strictly to sports.

“Any offerings in Nevada are still sports based and horse racing,” said Vinny Magliulo of the Vegas-based sports betting network VSiN. “With Nevada casinos closed, the only way to bet on a limited menu (Australian Rules Football & Rugby, Turkish Super LIG Soccer, MLB Pennants & World Series & Super Bowl Futures, some later in the year boxing) is on the mobile apps within Nevada.”

Bets are Still Happening in the Midst of the Coronavirus Outbreak

Futures betting for offseason leagues are still on, like the MLB and NFL. Esports is also expected to rise up during this period of shutdown, should they remain to hold non-spectator events. Virtual horse-racing is also available on some platforms.

Other online sportsbooks are even betting on which league will come back from the crisis first.

For professional sports bettors wanting to keep their bets focused on sports, they’re turning to International markets like Mexican soccer, Turkish soccer, and Serbian soccer to get their bet fixings in.

Other professional bettors are shifting focus to smaller Esports league. NFL futures, and some UFC games.

While these creative betting handles aren’t replacing the NBA or March Madness, they’re still beneficial to bettors and give them something to fill the temporary void of not being able to place American sports bets.

Which one of these bets would you be willing to wager on? The weather? Tom Brady’s future? Or who the next James Bond will be?

There’s still a lot to stay busy with during this season of sports shutdown.

Happy wagering!

Posted on March 10, 2020

Gambling Laws, news

A New Gambling Bill in Missouri Has Been Introduced

By James Murray

Missouri has a unique set of gambling regulations. Recently, a large number of illegal gambling machines have begun appearing around the state. As a result, a new gambling bill in Missouri was just introduced. Slot Machines Inside A Casino

It’s an interesting development. Missouri is now one of many states currently working to revamp its gambling industry. Today, we’re going to take a look at what exactly is being proposed.

Missouri’s Gambling Laws, Explained

Missouri is considered to have fairly liberal laws towards the gambling industry. Throughout the 1800s, the state had a large and successful gaming market. Eventually, harsh regulations were placed on this industry and gambling venues were forced to go underground.

In 1980, the state began allowing bingo gambling. About a decade later, a law was passed here to allow riverboat casinos. Many of these venues quickly began operating in the state.

Poker laws here are a little unusual. Technically, social poker games are allowed in private residences. Those charging to host poker games or playing with people you are not familiar with is actually against the law.

Generally, though, lawmakers in this state are open to the gambling industry. There are many online casinos in Missouri available that are growing more popular every single day.

Several bills have been introduced here to legalize sports betting. Some feel that 2020 is the year that officials finally decide to start regulating this form of gambling.

A rise in illegal gambling machines is being found in this state. Now, lawmakers have proposed a new set of bills to combat this issue.

What Does The New Gambling Bill in Missouri Allow For?

Missouri still isn’t thought of as a gambling hub. Recently, law enforcement officials here have discovered a rise in electronic gambling machines throughout the state. A new gambling bill in Missouri was introduced that’s intended to help increase legal gambling revenue.

This bill, called Senate Bill 566, allows for state-regulated video gambling machines to become available in fraternal and veterans’ organizations, truck stops and retail locations with liquor licenses. Only those above the age of 21 would be allowed to play. The State Lottery Commission would be in charge of monitoring these machines.

Not everyone is on board with these new regulations, though. Senator John Rizzo has expressed his fear that this will have a negative impact on children.

“I don’t want a kid to walk in a gas station to get a Gatorade and have to walk past three or four of these machines,” he said.

The proponents of this bill believe that legalizing these machines will offer a serious benefit. Local areas where these gambling machines are available will also profit, they argue. It’s still unclear how the Senate and House will rule on these proposed regulations.

The Push For Sports Betting Continues in Missouri

Sports betting is now legal and regulated in more than 20 states across the country. This is all thanks to PASPA, which the Supreme Court struck down in May of 2018. In most states with regulated sports gambling, a huge amount of revenue is being made through taxes.

More and more states are beginning to see the potential in this industry. New Jersey, for example, is now one of the sports betting hubs of the United States.

Back in 2018, a bill was introduced to legalize sports gambling in Missouri. Unfortunately, it failed to make it past the legislative session. More attempts were made last year, to no avail. Many now believe that 2020 is the year this industry is finally allowed in the state.

One new gambling bill in Missouri that calls for the legalization of sports betting is now making its way to the Senate. The bill, called H 2318, seems very likely to be approved. Several major politicians have already endorsed it.

It’s an exciting time for gambling fans here. Before long, several new forms of gambling may become available here.

Posted on March 2, 2020

Casino, news

Poarch Creek Tribe Wants to Build New Alabama Casinos

By James Murray

Lawmakers in Alabama are currently working to gain more revenue from the gambling industry. This week, the Poarch Creek tribe revealed plans for two brand new Alabama casinos in the town of Huntsville. State officials are now taking a closer look at these casino plans. Alabama

Many states are currently revamping their casino regulations. Alabama may be the next to add several new gambling venues. Today, we’re going to take a look at what the Poarch Creek tribe has planned.

Let’s get into it!

Alabama’s Gambling Laws, Explained

For many years, Alabama had some of the strictest gambling laws in the country. Officials here made it illegal to partake in almost any form of gambling. In the late 1980s, things began to change in this state.

In 1988, the Supreme Court passed the Indian Gaming Regulatory Act. This made it legal for Native American tribes to operate land-based casinos on sovereign land. Before long, several tribes in Alabama began pushing to open new gambling venues.

Today, there are several tribal casinos spread around the state. Most of them are hugely popular with locals and tourists from nearby states. No commercial casinos are allowed to operate here. It seems unlikely that any commercial casinos will be approved here in the near future.

Alabama still has not passed any laws to allow sports betting. Back in April of 2019, a 44-page bill was introduced here that would allow for wagering on professional and college sports. Lawmakers here are still waiting on approval for this bill.

Tribes in Alabama continue to push for new gambling venues. The Poarch Creek tribe has just presented a set of plans to open two new Alabama casinos.

Plans to Open New Alabama Casinos Are Presented

Over the past few years, several tribes in Alabama have presented plans to open new casinos. Many tribal leaders feel these additional gambling venues will help to bring the state millions of dollars in additional revenue every year. That’s the argument that the Poarch Creek tribe is making with their new casino plans.

This week, leaders of the tribe presented plans to open two new Alabama casinos in Huntsville. The tribe claims it will funnel $1 billion into these new venues. Not everyone feels this is the fairest option, though.

Alabama Senator Gerald Dial believes that a bidding process for any new casinos needs to take place.

“Once you pass a constitutional amendment, you can’t say the Poarch Creek Indians get the casino. You’ve got to have a process where you give anyone an opportunity. If someone from Las Vegas wanted to build one in Huntsville, they’d have the same opportunities,” he said.

Some are also concerned about a monopoly-like situation forming right now. The Poarch Creek tribe already operates several casinos in the state. Lawmakers want to ensure that the industry stays competitive for other tribes here.

It’s still unclear whether or not these new Alabama casinos will open up. The Poarch Creek tribe is certainly pushing hard.

A New Sports Betting Bill is Presented in Alabama

As we already mentioned, Alabama does not currently allow sports betting. That may change soon, though. This week, a new sports betting bill was presented to the state and some feel that 2020 is the year this industry finally opens up here.

Members of Alabama’s House of Representatives are now set to review this new legislation. If approved, land-based and online sports wagering will be approved. The bill, called HB 336, also details the tax structure set in place.

It’s extremely exciting news for sports fans here. Many believe that Alabama could become one of the country’s next major sports gambling hubs. Whether or not that’s true remains to be seen.

Several nearby states are looking into sports gambling legislation, as well. That includes Georgia, which is known for having some extremely strict laws towards gambling.

Many states in the Southern US are beginning to expand their gambling industries. Soon, several new Alabama casinos may open here.

Stay tuned for updates on this situation over the next few months!

Posted on February 24, 2020

Gambling Laws, news, Virginia

Virginia’s Gambling Industry is Ready to Expand

By Nickolas Branson

Over the past few months, lawmakers in Virginia have discussed plans to allow commercial casinos and sports betting. It’s a huge change, as in the past, very few forms of gambling were allowed here. Today, we’re going to look at how Virginia’s gambling industry could expand over the next few months. West Virginia

It’s an exciting time for both casino gambling and sports betting fans in the state. There’s a lot scheduled to come here over the next couple of months.

Bill to Allow Commercial Casinos Advances in Virginia

State officials in Virginia have discussed plans to allow casino gambling for years. In 2013, a push was made to start allowing riverboat casinos here. It was nearly approved, yet ultimately failed in the State Senate.

Gambling proponents haven’t given up, though. Many politicians here have continued to push for the legalization of land-based casinos. These gambling venues will help to bring the state millions of dollars, officials argue.

Finally, it appears these casinos may be on their way. In November, a bill to allow commercial casinos in Virginia was approved by a Senate Subcommittee. Lawmakers here are now reviewing this bill to see how it will impact the state.

Before this can be done, several steps need to be taken. The bill still needs to gain approval from the Senate and House. Eventually, residents in Virginia will need to approve the new casino plans, as well.

Virginia’s gambling industry is set to expand soon. This week, several experts began to raise concerns about problem gambling in the state.

Virginia Residents Warn About the Dangers of Gambling Addiction

There are several reasons why Virginia has been so anti-gambling over the years. Lawmakers here have been very concerned about the dangers that this industry poses on society. With Virginia’s gambling industry set to expand, several experts in the state have once again begun warning about the dangers of gambling addiction.

Billy Hoffman, a former gambling addict and current member of Gamblers Anonymous, spoke about the dangers of this new industry. He claims that unlike most substance addiction, gambling offers a sense of hope. Dr. Carolyn Hawley, the president of the problem gambling council in Virginia, spoke about these issues, as well.

“As we’ve seen those markets expand, we’re seeing more people reporting those problems,” she said. “We have to have those discussions and a comprehensive plan in place, because there are some people who develop significant problems. And that hurts the individual. It hurts their families. It hurts their communities.”

Several lawmakers in the state recognize the dangers of this new industry. Fortunately, they have a huge number of other states to ask for guidance. Many states around the country have recently begun to expand their casino and sports gambling laws.

There are certainly more pros than cons when it comes to the gambling industry. Virginia will likely soon begin earning millions of dollars a month in the form of gambling taxes. This is especially true if the state decides to allow sports gambling.

Will Virginia’s Gambling Industry Include Sports Betting?

Since May of 2018, every state in the country has the ability to legalize sports betting. This is thanks to the Supreme Court striking down PASPA. Since that time, 21 states have officially decided to legalize and regulate sports gambling.

Many of these states are now earning a huge amount of money from the industry. New Jersey, in particular, is bringing in an incredible amount of revenue from taxing the state’s legal sports betting operators. Virginia lawmakers seem to recognize this and seem ready to embrace the sports gambling industry.

The state’s sports betting bills recently passed through the Virginia General Assembly. Under this bill, Virginia’s Lottery Board will take control of sports betting regulation. Hope is that the state’s sports betting options are available before the end of the year.

Lawmakers seem to recognize that it’s time for Virginia’s gambling industry to grow. Many states around the country are choosing to earn more money from their gaming markets every month.

It’s still unclear exactly when the first casinos will begin operating here. Several Native American tribes have recently begun presenting plans to open casinos in different parts of the state. In time, Virginia may become one of the East Coast’s gambling hubs.

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