New NJ sports betting licensees continue to pop up in the Garden State. One of the next potential new operators is the Vigtory Sportsbook. As the name suggests, the main differentiator for this company is its industry-low “vig.” It intends to use that to attract a certain segment of NJ bettors.
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The Pennsylvania Gaming Control Board (PGCB) on Wednesday voted unanimously to approve both interactive gaming and sports wagering operator licenses for BetMGM, which would include online slots, table games and poker.
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Twin River and FanDuel officials expect Bally’s Atlantic City sportsbook to go online in spring 2021. Gaming regulators – the Casino Control Commission and the New Jersey Division of Gaming Enforcement – still have to approve the move.
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Free football picks from Doug Upstone for October 29.
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Insights and betting tips for Week 8 of the NFL, with some top picks for the weekend.
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The professional sports leagues themselves have entered the bookmaking business and are aiming to lure fans out of the casinos and into placing bets inside their own stadiums and arenas. The location of sportsbooks, however, has become somewhat irrelevant. As regulated sports betting spreads across the United States, most bettors have access to bookmakers in their pockets, on their phones. The bulk of sports betting now takes place online, so it's understandable that casinos outside Nevada are more often opting to build sports bars rather than the giant amphitheater sportsbooks that are so popular in Las Vegas.
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Maryland voters are deciding two statewide ballot questions with significant financial ramifications for future years, including whether to allow sports betting and if the legislature should have more power over the state budget. State lawmakers decided this year to ask voters whether they want to allow gambling on sporting events. Details such as where sports betting would be allowed will be decided later.
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Laura Varela, the widow of the late William Creighton, the founder of 5Dimes, is now taking the initiative to break ground in the United States where she will seek to reopen the brand and offer legitimate betting product in New Jersey
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The Tennessee Lottery board still eyes November 1 as a launch date for operators to begin taking wagers. Gambling companies will have to hold 10% of winnings due to a 90% payout cap rate.
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The mailer included a photo of Buffett, along with a quote of his about casino gambling: “It’s just a big loser for everyone.” But it also warned voters that a trio of ballot measures would allow “Indian casinos” to be built across the state and that the “Indian casinos” would not pay state taxes.
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