Over $15 Billion to be Bet on March Madness

Estimates from the American Gaming Association are that over $15 billion will be bet on March Madness this year, and that from nearly 70 million gamblers across the country. The growth of bets on the NCAA tournaments has been driven by a resurgence of bracket contests as well as Americans taking advantage of the expansion of legal online wagering. Three-fourths of online bettors say this will be the first time they bet on March Madness online. While 18 million more American adults plan to wager on March Madness compared to last month’s Super Bowl, Americans are expected to wager half…

More Massachusetts Sports Betting Violations

Late last month, we reported on several violations of Massachusetts sports betting regulations from three operators in the state. One of those violations came when Encore Boston Harbor allowed bets to be placed on games for Boston College women’s basketball. Now, they’ve done it again. Encore admitted to their mistake when it happened before, blaming it on a technical glitch from a vendor’s platform. In an attempt to prevent the mistake from happening again, the casino stated that they had implemented additional measures. Obviously, those measures were not successful. So what happened? Well, according to the Encore, they turned off…

Nevada Gaming Revenue Record Hits 23 Months

They’ve kept it going for nearly two years! Yes, January marked the 23rd consecutive month that Nevada gaming revenue streak has hit the billion dollar mark, according to a report from the Nevada Gaming Control Board. Now, let’s just hope that our reporting this doesn’t jinx them! The state reported revenue for the first month of 2023 to be $1.27 billion, which was nearly a 20% jump from the $1.07 billion they reported in January of last year. That increase was attributed to the continued recovery from the pandemic, as more Covid restrictions were lifted throughout the year. Casino profits…

American Sports Betting Update

It’s been about five years since the Supreme Court made the decision that opened up American sports betting. In that time we’ve gone from just one state with active, regulated sports betting to thirty-six. Not bad. Not bad at all! You can even find an updated, interactive map at the American Gaming Association. Now, if you live where it’s legal to bet on sports then you’re one of the lucky ones. There are still several across the country where you cannot place a bet on a sporting event legally. However, among the states where betting on sports remains unregulated there…

Hot Hoops $5,000 March Madness Contest

Ready for the big tournament? Well, this “Hot Hoops” promotion is about more than just a March Madness contest. In addition to being able to put some skin into the NCAA basketball tournament, gamblers are also competing for a share of a $5,000 prize pool involving NBA basketball betting as well! Our friends at Everygame are running the Hot Hoops competition, where players can show off their skills as a college basketball and NBA expert. Everygame Sportsbook might even pay you for showing off! This pro-basketball and March Madness contest is a slam dunk for bettors looking to land some…

Massachusetts Mobile Sports Betting Launch

A few weeks ago we reported that the launch of Massachusetts mobile sports betting would come in time for March Madness. Well, the first games for the NCAA Men’s Tournament start on March 14th. Mobile bets in the state are scheduled to go live on the 10th, beating the deadline by mere days. There are several operators who have already forked over the $1 million licensing fee to the state Gaming Commission, and they have the approval to launch at the approved time. Those operators are BetMGM, Barstool Sports, Caesars, DraftKings, FanDuel, WynnBET, and Betr. There are a couple of…