Tag: Nevada
-
Nevada Sportsbooks Post State-Record $80.9 Million in September Revenue
Nevada sportsbooks won $80.9 million in adjusted gross sports betting revenue for September, setting an all-time monthly high in the post-PASPA era, according to figures released Tuesday by the state’s Gaming Control Board. The figure smashed the previous state record of nearly $72 million established in November 2021. It also pushed the state’s post-PASPA revenue…
-
Vegas Money-Laundering Probes May Impact Resorts World & Wynn NYC Casino License Bids
When the world’s leading gambling professionals convene each fall for the Global Gaming Expo, there is an expectation that some of the most consequential issues facing the industry will be explored at length. The four-day event held earlier this month took place at the Venetian Expo Center, a convention hall located just down the Strip…
-
Election Odds, Polling Projections for Trump vs Harris in Nevada
Six electoral college votes may not seem like they could be pivotal in the race for the White House, but Nevada has proven to be a crucial state for any future president to win. In the last 100 years, there are only two occasions in which the nominee who won Nevada did not win the…
-
Las Vegas Gambler Hits Large Progressive Jackpot on $1 Bet
A Las Vegas local is now a living legend in Sin City. The man, identified only by his first name, Richard, decided to play Face Up Pai Gow Poker on a visit to the Suncoast Hotel and Casino. He placed a $1 bet for the progressive jackpot and an extra $7 for a bonus side…
-
Las Vegas Casino Jackpot Winner Bets Small, Wins Big
A gambler recently struck it big in Las Vegas, but he wasn’t on the famed Strip. He landed his casino jackpot at Sam’s Town Hotel & Gambling Hall, located five miles to its east. The lucky player, identified as Paul in a picture shared by Sam’s Town on X (formerly Twitter), invested $1.76 at a…
-
Nevada Sports Betting Handle Sinks To Post-Pandemic Low
The state of Nevada generated $375.9 million in sports betting handle for July, the lowest monthly total not impacted by the COVID-19 pandemic in nearly five years. The Nevada Gaming Control Board reported monthly sports betting revenue totaling $25.8 million with a hold of nearly 6.9% on Wednesday. Those figures provide the ability to reverse-engineer…
-
BetMGM Becomes First Sportsbook to Offer Shared Mobile Wallet to Nevada Registrants
On Thursday, BetMGM became the first sports betting operator to allow Nevada registrants to cross state lines into other legal markets and wager through a single digital wallet. Practically speaking, that means customers who’ve registered for a BetMGM mobile account in Nevada can travel to neighboring Arizona or any of the 27 other North American…
-
Sports Betting Ads Under Fire by Lawmakers
Too much J.B. Smoove and Jamie Foxx? Some lawmakers are beginning to think so. Four years into legal sports betting in the U.S., the industry’s voyage through 35 states and counting has brought countless gambling ads to television sets, subway stops and major league ballparks. The price of TV ads for online gambling jumped to…
-
Sports Betting News: DraftKings’ Latest Moves Reaffirm Nevada Investment
DraftKings will open a major new office in Las Vegas, bringing more than 1,000 employees to Nevada by 2022, the company announced Monday. One of the nation’s two highest-grossing sports betting operators by handle, DraftKings has steadily grown its presence in Las Vegas despite not operating a sportsbook in Nevada. Monday’s announcement doesn’t in and…
-
Sunday NHL Betting Odds, Picks & Predictions: Vegas Golden Knights vs. Vancouver Canucks Game 1 Preview (Aug. 23)
Knights vs. Canucks Odds Looking for Tuesday’s Game 2? Click here. Golden Knights Odds -182 [BET NOW] Canucks Odds +155 [BET NOW] Over/Under 6 (+100/-122) [BET NOW] Time 10:30 p.m. ET TV NBCSN Odds as of Sunday morning and via DraftKings. Get up to a $1,000 sign-up bonus at DraftKings today or see more offers and…
-
‘The Moment Is Right for Us’: California Moves Toward Legalized Sports Betting
In the midst of a budget deficit caused by the coronavirus crisis, California could turn to sports betting to increase revenue. Sen. Bill Dodd and Assemblyman Adam Gray have pitched amendments to the state’s constitution that would legalize in-person and online sports betting in the Golden State. The COVID-19 pandemic caused a $54 billion budget…
-
New Jersey Sportsbooks Beat Nevada for First Time Ever in May
For the first time ever, more money was legally bet on sports in a state other than Nevada. The Nevada Gaming Control Board reported Thursday morning that $317.4 million was bet on sports for the month of May. Operators in New Jersey, in their 11th month of being in business, took in $1.5 million more.…
-
Nevada Sets Single-Month Sports Betting Handle Record in March
Nevada made history in March of 2019, setting a record for the biggest handle it’s ever taken in a month. The state took in $596.8 million in sports bets last month, breaking the record set four months ago when Nevada brought in $582.3 million in November. The handle was up $75.2 million as compared to…
-
Redeeming Vegas Sports Betting Tickets by Mail: You Don’t Have to be in Nevada
Many sports bettors are unaware that it’s possible to mail winning tickets made at Las Vegas casinos for payment after you’ve left Nevada. While you can’t place wagers at Vegas sportsbooks outside of the state, as long as the bet/transaction takes place inside Nevada’s borders, you can still get paid through the mail. March Madness…