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Out of the blocks The total sports betting handle in Ohio’s first month of operations reached $1.1bn. The Ohio Casino Control Commission (OCCC) released the January figures on Tuesday. Sportsbooks generated revenue of almost $209m from the $1.1bn handle. most of the bets were placed through online sportsbooks The OCCC noted how most of the … Read more
The new fad Although hopeful bettors have tried it for a long time, the $10 to $10k challenge is the newest social media craze sweeping across the sports betting spheres of TikTok and Twitter. Within the challenge, the bettor’s objective is to double the money in their account every day for ten days. This provides … Read more
The family of a Florida lawyer who had a heart attack while playing blackjack at a Las Vegas casino has filed a wrongful death lawsuit against the property. David Jagolinzer stayed at the Wynn Las Vegas casino resort while visiting the Nevada gambling hub for a legal conference last spring. Jagolinzer was slumped over the … Read more
The former Las Vegas home of the World Series of Poker, the Rio All-Suite Hotel & Casino, is getting a major makeover. News emerged Monday that the Rio’s parent company, New York real estate investor Dreamscape Companies, has raised $850m to remodel the resort and invest in similar properties. Bloomberg cited an interview with Dreamscape … Read more
A betting frenzy As expected, Super Bowl LVII proved a record-breaking event for US sportsbooks as the Kansas City Chiefs defeated the Philadelphia Eagles in a nail-biting 38-35 result. FanDuel sportsbook averaged two million active users FanDuel confirmed that during the betting peak it was accepting 50,000 wagers per second on the big game. Before … Read more
Flutter Entertainment is getting closer to a listing on a US stock exchange. The gambling group announced on Tuesday that it is seriously considering such a move amid the success of the company’s US-focused FanDuel business. FanDuel is the dominant operator of sportsbooks in the US FanDuel is on track to be Flutter’s biggest business … Read more
Worrying potential changes Star Entertainment’s shares plummeted 20% on the back of a company announcement about a potential earnings hit of up to AU$1.6bn (US$1.1bn) due to proposed tax changes. The Star stock price has now reached an all-time low following the news on Monday. “undertake an urgent review” of its assets and operations in … Read more
An exciting game Many American football fans were left wishing for a longer NFL season after a thrilling Super Bowl closed out the 2022/23 edition on Sunday. 50 million Americans staking money on the big game The game came right down to the wire, with the Kansas City Chiefs ultimately clinching the win in a … Read more
A man in South Carolina has decided to donate his $150,000 Powerball lottery win to charity. According to a news release from the South Carolina Education Lottery, the Greenville man purchased a quick-pick ticket for the lottery draw on January 16. was only a single number away from winning the grand prize The winner, who … Read more
Toppling the King In a historic moment for the US casino hub, Las Vegas surpassed Macau in annual gaming revenue in 2022. It’s the first time that Macau has lost out to its American counterpart in 18 years, with Las Vegas last beating Macau by around $200m in 2005. Nevada enjoyed its 22nd straight month … Read more