September is here, and with Fall on the horizon it must be time for football. And this year, more Americans that ever will bet on NFL games, according to our friends at the American Gaming Association. They sampled Americans across the country about their betting plans for the upcoming season. Research from the AGA shows that 46.6 million adults in this country plan to make at least one wager on a game this year, which is up a modest 3% from last year. But growth is growth. And as more people become accustomed to gambling on mobile apps, that number…

This week’s gambling news is all about football in America, as sports betting expands and the opening week of the NFL season is finally upon us! We discuss the latest state to go live with regulated sports betting, and the five other states where sports betting is legal, but not live just yet. And while we’re talking sports betting news, check out this Casino City story on futures betting. Friends! Players! Sports bettors! Lend me your ears! Because this week’s big story is September is here! And that means the kickoff of the football season! I’m so excited, I think…

Sports betting is booming, but nothing new. It has been around for centuries, with the first recorded bet being placed on a horse race in 16th century England. However, sports betting has undergone something of a renaissance in recent years, thanks to the growth of online gambling platforms and the increasing popularity of sports such as football and basketball in countries across each continent. And this trend looks set to continue in 2022, with sports betting expected to boom globally. In 2022, it is estimated that sports betting will generate over $1 trillion in revenue. This is a staggering figure,…

While the company has been hemorrhaging cash for several years, Caesars sports betting is now expected to be generating a profit for the company by the fall of 2023. This according to their CEO, Tom Reeg . In a story reported on Yahoo! Finance, Caesars online gaming and sports betting lost over $550 million in just the first quarter of this year. But according to Reeg, the company has a plan. First up, they will cut their marketing spend, saving over $250 million. The second step in the recovery process is for Caesars to narrowly target their more “profitable customers”…

We’ve been following Seminole sports betting in Florida for several weeks. Recently, a Federal District Judge ruled the agreement between the two to be ‘invalid’, as it violated the state constitution and the Indian Gaming Regulatory Act. However, after the ruling the Tribe continued to accept online sports wagers. Initially, the Seminoles filed a “motion for stay pending appeal” with the Federal District Court while they continued to accept bets. However, the Judge in this case refused to grant them an appeal and rejected their argument that shutting down sports bets would cause the Tribe irreparably harm from the ‘loss…

It’s difficult to believe that the CEO of a major sports betting operator would say something to alienate his existing and potential customers. Yet, that’s exactly what Jason Robins did while speaking on the Canaccord Genuity 2021 Digital Gaming Summit held virtually last week. His statements came amidst conversations concerning how operators could be profitable in New York state with a 51% tax rate, so I guess now we know how DraftKings hopes to make money in that market! Hello my friends! And welcome to This Week in Gambling, where we’re following an interesting bit of news. The CEO of…