Indiana sports betting has been kicking ass with as another record month of revenue in October. Sports books in the state measured $230 million last month, according to data from the Gaming Commission. Even in the face of the pandemic there were new highs in revenue and handle as colleges and professional teams played a more normal sports schedule. The previous one-month high was $207 million in September. Analysts say the October handle is up more than 150% from October 2019’s level of $92 million. The month’s revenue yielded $2 million in taxes in October. Online betting accounted for 84%…

Get ready, Sin City! A Betfred sportsbook is being build inside the new Virgin Las Vegas hotel where the old Hard Rock Casino stood. The facility will be part of the Mohegan Sun Casino Las Vegas. The book will come complete with luxury seating, a state-of-the-art video wall, and over-the-counter wagering. It will also be the fourth American sportsbook for the company. Other locations include Iowa and Colorado, plus the company has plans to announce new state and tribal partnerships in 2021. Virgin Hotels Las Vegas is expected to open in January, but everything is subject to gaming regulators’ approval….

The last Caesars property to reopen after the pandemic has finally answered a critical question: Will the Rio Casino open anytime soon? And the answer is a happy “yes”! And you may be able to ring in the New Year there if you book soon! The Rio All-Suite Hotel & Casino now says they will open their doors before the end of the year. You may remember that Caesars sold the Rio to a New York real estate company, but Caesars continues to manage the resort for at least two more years. Caesars CEO Tom Reeg also added that (despite…

Just when things seemed to be returning to some normalcy, word has come of more Las Vegas casino closures. This time, however, it’s only a handful of casinos… and this time they are only closing during the week. Amid the continuing (and growing) pandemic, tourism has not returned in full force to The Strip, so it does make perfect financial sense that properties with less traffic would want to optimize their profits. The casinos not open during the week are Park MGM, the Encore, the Palazzo, the LINQ and Planet Hollywood. The properties are still accepting reservations for weekend stays…

With the UK government releasing over the weekend that the country will be going back into national lock down on Thursday meaning that all non-essential shops including pubs, gyms and workplaces that can work from home will be forced to close to ensure that the spread of the virus is contained as much as possible before Christmas. With gambling being at the forefront of this, we investigate to see how this is going to affect the industry as a whole. Of course, the worst affected in the gambling industry is that of land-based betting shops and casinos which again will…

Voters across America have made their decisions on gambling expansion in their states. They went to the polls in Colorado, Nebraska, and Virginia to approve expanded casino gaming. Meanwhile, residents of Louisiana, Maryland, and South Dakota approved ballot measures to legalizing sports betting. With those results, more Americans have welcomed gaming and entertainment to their communities that will also provide new jobs and tax revenue. Some form of legal gaming is currently authorized in 44 states, and 45% of American adults live in states that provide the safeguards of a legal, regulated sports betting market. Our friends at the American…