New Jersey Online Gambling Surpassed by Sports Bets

New Jersey online gambling has been overtaken by sports betting for revenue generated in the state. And the October numbers show that it was no fluke. The sports betting revenue for October were $1.2 million higher than the total internet casino and online poker revenue. However, keep in mind that these sports betting numbers also include revenue from betting shops and racetracks. Meadowland racetrack with their FanDuel partner broke another record with $24.8 million in sports wagering revenues. Resorts Digital Gaming which is includes DraftKings and FoxBet came in second place with $10.56 million. In third place is Monmouth Park…

Sports betting and esports

New Jersey eSports Betting Begins

Casinos and racetracks in New Jersey are now accepting eSports betting! Wagers on competitive video game tournaments are being booked as another way to expand the state’s sports betting industry. The Division of Gaming Enforcement approved gambling on the $1 billion video game tournament market last week. Gambling companies hope it will be a significant new source of revenue from young people who are not enamored of traditional casino games but spend hours on end playing and watching video games. eSports, short for electronic sports, is a form of competition using video games. Esports often takes the form of organized,…

Florida Sports Betting Bill Introduced

State Senator Jeff Brandes filed a bill last week which would regulate Florida sports betting for anyone 21 years of age and older. His bill sets the guidelines for obtaining a sports betting license via the Department of Lottery, and allow licensees to offer wagers in-person or at a betting kiosk. “Sports betting is yet another area where we can enhance individual freedom,” Brandes said, according to Florida Politics. “In absence of a well regulated structure, we’ve seen a complex underground industry developed in Florida, potentially breeding habits of addiction, while robbing our government of revenue that should be collected…

Kentucky Sports Betting Bill Resurfaces

Gambling expansion is once again be on the radar as a Kentucky sports betting bill will return to the state legislature next year. At least one legislator is optimistic the bill will pass. State Representative Adam Koenig (R-Erlanger) said he will file a bill that allows for legalized sports betting at Kentucky race tracks and via mobile betting. Koenig said he has long been a proponent of expanded gaming but acknowledged that casinos have been a hard sell for the state. He noted urban parts of the state have shown an openness to expanded gaming, but rural parts of the…

california sports betting

Sports Betting in California Gets Hearing Date

Lawmakers considering sports betting in California are gathering witnesses for their first hearing of this year. Legal Sports Report reports that the legislature there would tentatively like to have those witnesses and other experts in Los Angeles to testify on November 20th. Though sports betting bills have been popping up in California for years, members of the General Assembly have taken nothing more than a cursory look. The state’s complicated gaming landscape and the ongoing feud between the state and tribal gaming make passing related legislation a tall task. The tribes have exclusivity over certain forms of gambling in California,…

NBA

First NBA Game in France Scheduled for January

The French sports betting brand ParionsSport has agreed a deal to become a partner for the first regular-season NBA game in France. The Charlotte Hornets and the Milwaukee Bucks will face off in the NBA Paris Game 2020 at the AccorHotels Arena in Paris on January 24, 2020. As part of the deal, ParionsSport will offer customers experiences such as VIP access to the game and meet and greets with former NBA players. NBA prizes will be also be available to win on both ParionsSport’s and FDJ’s social media and online platforms. In addition, the partnership will incorporate the new…