This Week in Gambling

Restaurant chains can be known for many things, but Hooters sports betting is probably not the first thing you think of when you hear the brand’s name. That might be changing, though. But to be honest, the popular chain isn’t going to become a bookie, and they won’t profit directly from gambling.So what’s up? Instead of becoming an operator, Hooters simply hopes for higher profits on their products from bettors who come to bet on games, but end up staying for the food and drinks! Will it work? Well, they have already seen “promising results” from this model during the…

For the 12th consecutive month, Nevada casinos have managed to generate over $1 billion in gambling revenue. The Nevada Gaming Control Board has released the numbers for February, with the states casinos officially earning $1.1 billion in profits. Additionally, February set a new all time revenue record for Nevada, up nearly 45% from the year before. Not too shabby for a month with just 28 days in it! The outlook moving forward, however, is not quite as optimistic as it has been for the past several months when it comes to Nevada casinos. First, there are concerns about rising inflation…

Yes, the recovery from the pandemic appears well underway! Yet another new Las Vegas casino resort has been planned for the southern Strip area. This time, it’s the Oak View Group at the helm. Tim Leiweke, Oak View Group CEO, stated “South of the Las Vegas strip represents one of the few areas of potential future growth of the gaming and entertainment corridor. This unprecedented project is an industry game-changer, and we will usher in the evolution of Las Vegas as the new entertainment AND sports capital of the world.” The $3 billion, 25 acre Vegas casino resort will be…

This week’s gambling news focuses on the expansion of interstate poker compacts in the United States, as more jurisdictions look to regulate web based poker and consider compacts to make them more profitable! Also, there was a major legal victory for Fantasy Sports in New York state recently!   Hello friends, and welcome to This Week in Gambling, where we always try to cover every aspect of the gaming industry! And with that in mind we’re looking at stories from online poker to interstate poker compacts to fantasy sports! Starting with this week’s big story! The pandemic pushed the growth…

The Kodiak Kingdom Multiplier Mountain online slot from Microgaming comes with 6 reels and 4,096 paylines! It features Bonus Rounds and Bonus Spins, both Wild and Scatter symbols, and it can be played on mobile devices! Kodiak Kingdom is a 6 reel, 4 row game set in the beautiful outdoors of Alaska. Players will find a game with over 4,000 paylines, Bonus Spins, a Bonus Round, plus wilds and scatters. Players choose their wager with bet values between $0.20 and $10. Kodiak Kingdom Multiplier Mountain is highly volatile and has max value of $250,000, which is 25,000 times the max…

The global fantasy sports market size is expected to increase by $6.11 billion at some point between 2021 and 2026. The report that predicts this offers detailed insights on the key drivers, trends, and challenges that impact the growth of the market around the world. In particular, the launch of multiple apps for fantasy sports. The increasing availability of low-cost smartphones in developing countries such as China, India, and Mexico has fostered the growth of the global mobile gaming industry. The increasing use of smartphones for mobile gaming is encouraging gaming companies to introduce a wide range of apps for…