This Week in Gambling

Nationwide commercial US gambling revenue totaled $14.81 billion in Q2 2022, according to the American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker. The total sets a new quarterly record for the industry, beating Q4 2021 by 3.3 percent. With $29.16 billion generated through the first half of the year—a nearly 18 percent year-over-year increase—2022 is on pace to set a new annual record for commercial gaming revenue for the second consecutive year. “Q2’s results mark a 16-month period of gains for commercial gaming,” said AGA President and CEO Bill Miller. “With increasingly difficult year-over-year comparisons, our strength through the first…

Lake Mead has never been this low. Not since it was filled in 1934. Now, with the American Southwest in the midst of the worst drought in 1,200 years, the lake sits only about 100 feet from becoming a “dead pool”. Soon, it may not be able to produce electricity or supply water. Las Vegas depends on the lake not so much for the electricity generated from Hoover Dam, as Nevada only gets about 20% of what’s produced. It’s the water that Sin City is counting on, getting 90% of what they use from the reservoir. The other 10% comes…

Premiering for the first time in the Balkans between the 22nd and the 25th of this month, SiGMA is a global leader in everything iGaming. Growing exponentially since its original debut in 2014 in the iGaming nexus of Malta, the Summit has become an international hub for iGaming operators, affiliates, innovators, investors and entrepreneurs. This article will cover some of the main reasons why SiGMA is the expo the Balkans have been looking for. Why SiGMA: Global network with a start-up’s heart Growing from a local iGaming conference in 2014 to amassing 13,500 delegates, 800 sponsors and exhibitors as well…

Delays, delays, delays! US sports betting delays in Maine, which won’t launch until next year! Delays in Kansas, where betting on sports won’t launch in time for football season! And delays in Massachusetts, which won’t launch until the Super Bowl! But there is one state that is already counting down to their sports betting launch. 36 states! That’s how much US sports betting has spread across America in just four years! 36 states! But some of the most recent states to regulate the activity are having a bit of trouble getting going. Maine sports betting was the 34th state to…

The law goes into effect today. But Maine sports betting will be held up at least eight months… possibly longer. In fact, the Gambling Control Unit says they may need more than year to get things in order. Potentially pushing any launch date all the way back to January of 2024. In a state as small as Maine this seems a bit odd. After all, there are currently 30 states with live, regulated sports betting in America. Only eight of those states took more than a year to get things up and running. In fact, a twelve-month time frame is…

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