The New Orleans casino market saw revenue drop 36.3% in August from the year before, the biggest drop in revenue in any of the state's gambling markets during a month marred by Hurricane Laura and ongoing restrictions in the number of customers.
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The unusual COVID-created sports calendar in August led to a record month for legal sports wagering in Pennsylvania, with bettors risking $365 million collectively on the NBA, NHL, MLB, and other contests.
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SportsBetting.com took its first wager from Colorado late last Wednesday, a bet on the Dodgers, which resulted in a winning ticket for the customer. The next full day of betting saw a customer win $7,000 on a six-team MLB parlay.
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The favorites gave bettors a victory in Week 2 of the NFL season as they helped parlay cards cash, some for big money. The favorites were just 6-7 against the spread in the second week of the season, but were 12-1 straight up.
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Free pick for Monday night MLB action.
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Allegiant Stadium gets unveiled on Monday Night Football as the Las Vegas Raiders battle it out with the New Orleans Saints.
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It took a seismic shift in philosophy from a league that once feared sports betting more than anything. It also took a leap of faith by the Raiders — along with $750 million in taxpayer money — to embrace a city that seems to fit perfectly with the culture of the Silver and Black fan base.
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Adelson, CEO of Las Vegas Sands, is looking to spend from around $20 million to $50 million in a last-ditch effort to help Trump overcome Joe Biden, CNBC has learned. Adelson’s team has recently been in touch with GOP officials close to Trump about where best to deploy the cash, according to one person with knowledge of the situation.
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Betting groups are willing to pay 'big money' to find out which teams have COVID-19 absences each week
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The joint venture of MGM Resorts International and GVC Holdings, BetMGM, announced Thursday a partnership deal with the National Football League (NFL) franchise Las Vegas Raiders. Under the terms of the partnership deal, BetMGM is now an Official Sports Betting Partner of the professional football team.
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