The deliberations have included potentially allowing small businesses off of the famous Strip to open first, so that locals could get back to work, according to people familiar with the talks. The executives have also discussed opening facilities nearby so that all casino workers -- and perhaps even tourists -- could get tested for the coronavirus.
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FairwayJay chips in more NFL Draft coverage with information you can bet on, noting player market moves and betting odds and insights.
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While the SBA originally blocked from a loan any business that derived one third of its annual revenue from legal gambling, the SBA guidelines were revised on Tuesday to allow “small casinos” to qualify for Paycheck Protection Program (PPP) loans as long as gaming revenue made up less than half of total business revenue and was less than $1 million. But the change still leaves most gaming businesses, such as Malone’s, without help.
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DraftKings, SBTech, and Diamond Eagle Acquisition have officially merged. The result makes the new entity, listed as DKNG, the first publicly traded Sportsbook on the New York Stock Exchange, valued at $2.7 billion. This is a major step for not only DraftKings, but the world of online sportsbooks and sports betting.
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Last Wednesday, the Tennessee Education Lottery Corporation unanimously set a new low for the emerging US sports betting market when the board approved rules to cap payouts for winning wagers at 90% by forcing TN sportsbooks to keep a permanent 10% minimum hold—” hold” is the amount of profit made from the “handle” (total amount bet at a sportsbook).
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Legislation introduced by PA State Senator Doug Mastriano would temporarily divert sports gambling revenue towards property tax relief. Senate Bill 1117 aims to help homeowners and families cope with the financial difficulties associated with the COVID-19 pandemic
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2CV and ProdegeMR’s survey showed that 59% of gamblers have reduced spend on gambling, with 32% having actively looked for new things to bet on and 24% shifted their focus to other forms of betting. 22% of gamblers who have not previously tried esports betting will consider doing so within the next 3 months, and 62% of respondents said they needed more information on the sector.
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Professional sports handicapper and OSGA writer Ross Benjamin goes out on a limb to predict a couple of longshots to make this season’s NFL Playoffs. Ross concludes this highly informative article by disclosing those 2 picks and detailing why he chose both.
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Risk-free Saturday MMA betting at MyBookie.ag.
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Video betting tips for Friday horse racing action.
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