New Jersey isn’t the only state to jump on the legalized sports betting bandwagon. Delaware and Mississippi are allowing sportsbooks to accept wagers while West Virginia, Pennsylvania, Rhode Island, and New York are making preparations to join the fun
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Penn National Gaming is the first casino operator in Pennsylvania to apply for a license to offer sports betting in the state.
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It was outsized treatment for an $8 million-per-year deal that will represent about one-tenth of a percent of the league’s annual revenue, a nod to the significance of the emerging sector, and the NBA’s place in it.
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Scientific Games was ordered Tuesday to pay $315 million to four companies after a federal jury in Chicago ruled the gaming equipment manufacturer initiated sham litigation to assert invalid patents and keep a rival automatic card shuffling device out of the market.
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A native tribe in the US, the Iipay Nation of Santa Ysabel, had hoped it would be able to offer an online poker and bingo site but wasn’t ready for the battle that would ensue.
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Back on July 27, Hollywood Casino at Charles Town Races in West Virginia announced on Twitter that its new sportsbook would open in September, just in time for the gambling-intensive football season. This week, the state took a concrete step toward an actual opening date: the Saturday of Labor Day weekend.
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Peter Moschetti, a gaming commissioner for New York, said recently at a panel discussion being held during a gaming industry conference in Saratoga Springs, NY that “all” aspects of a NY Senate bill submitted earlier this year are being considered. This would apparently include the sports leagues’ integrity fee.
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Gambling proponents in Louisiana are scrambling to gather support for the legalization of sports betting in the state and break Mississippi’s monopoly in the southeastern United States.
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If at first you don’t succeed, sweeten the pot. That seems to be the strategy from state Rep. Ron Stephens, the Savannah Republican who has tried repeatedly to legalize casino gambling in Georgia.
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Caesars Entertainment is introducing sports-betting at four of its casinos in the United States this summer, but anyone laying odds on that in Michigan will have to wait for that payoff.
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The casinos are in the process of installing the necessary equipment and hire workers to man the sports betting portion of their facilities.
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Silver indicated this month that the league could explore commercial relationships with a host of Nevada-based gaming establishments, home to some of the largest sports books in the world. Ironically, Silver delivered the comments from a ballroom inside the Wynn Hotel and Casino less than four miles from the site of the 2018 NBA Summer League.
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