There were just over 35 million transactions for betting on the Super Bowl last year. In 2022, that number more than doubled to just north of 80 million. This according to GeoComply, the company providing geolocation services for the industry. What a difference a year makes, huh? Yes, there were restrictions from the pandemic still in place last year. But by far, the biggest reason for the increase in action this year came from online gambling accounts. There were 5.6 million sports betting accounts accessed for regulated online sportsbooks, which represented a 95% increase the year before. Nevada sportsbooks reported…

In this week’s edition of the gambling news we set our sites on the NFL and Super Bowl betting, as we close in on the big game this Sunday! Discussion includes both illegal and legal sports betting, the opening of sports books at stadiums, New York online sports betting, and the billion dollar profits being made from sports gambling all across the country! This year it’s expected that over one billion dollars will be bet legally on the big game… which is twice as much Super Bowl betting as last year. And while a billion dollars may sound like an…

It’s that most wonderful time of the year again! The Super Bowl is here! This year, legal sports bets are expected to double on the big game, and that should translate to around a billion dollars wagered on February 13th! PlayUSA released their projections last week, which estimated that the $500 million in action wagered on last year’s game will roughly double this year. And why not? The opportunity for Americans to place legal sports bets has grown. And just adding New York mobile sports betting could get the numbers close to a billion! There are a total of 30…

Yes, you read that headline correctly. NFL gambling sponsorships have helped to push to league to a massive $1.8 billion in additional revenue last year. Which is a good thing, because we all know how they were hurting for cash. While a big chunk of that money comes from Microsoft. They are forking out about $100 million a year to compete with Apple and love to promote their products via the League. Just watch the sidelines during any game and you will probably sport a Microsoft Surface Pro 4 tablet in the hands of coaches and players. However, the big…

BetMGM and FanDuel announced the openings of stadium sportsbooks in separate releases. BetMGM has teamed with the Washington Nationals, while FanDuel will work with the stadium where the Chicago Bulls and Blackhawks play. Plans for the BetMGM sportsbook should have it live before the start of baseball season. Fans of Major League Baseball’s Washington Nationals will have access to a sportsbooks at Nationals Park, which will provide innovative entertainment to watch the games and place a few wagers. There will be features such as 40″ big-screen TVs, live odds boards that update as the action progresses, and a full-service beverage…

It’s only been a few weeks since New York mobile sportsbooks launched, and as one of the largest potential gambling markets in America, there’s lots of money to be made… and that’s exactly what state politicians were hoping for. Now, in just a few weeks of operation, the New York market is living up to expectations by bringing in just over $1.1 billion in sports betting revenue. These numbers mean that the operators generated over $91 million in profits in just over three weeks of operation. And at a tax rate of 51%, New York took in nearly $47 million. For…