The digital sports betting and iGaming segment of Caesars was profitable in October, CEO Tom Reeg said.
Americans have pulled back on online sports betting following the end of the 2021 NFL season, suggesting the country’s most popular sports league was driving much of the action in late 2022.
The Ohio regulated sports betting market now has a launch date set for January 1, 2023. The Ohio Casino Control Commission made the announcement at a conference Wednesday morning.
North Carolina residents could see a regulated local online market go live in time for the 2022 NFL season according to lawmakers.
Regulators in Ohio are aiming for a January 1, 2023 launch for the regulated sports betting market.
TV and radio stations had to contend with large losses during the pandemic, between the absence of political revenue and the nearly non-existent live sports and automobile categories. Then, sports betting came along, offering salvation for many broadcasters.
TVNewsCheck’s Michael Depp talks with Hadassah Gerber, head of research at TVB, about the organization’s recent survey on sports betting and how television wields enormous influence over sports bettors’ decisions.
Produced by Gray’s Tupelo Honey; the fast-paced program originates from KVVU Las Vegas with host Dave Hall.
After getting head starts through fantasy sports, the industry giants hold large leads in awareness and usage, according to new polling.
The Empire State’s mobile sports betting market will launch with four operators on January 8.
Sports gaming and wagering marketing on TV networks — from traditional casino and new sports wagering operations — has risen threefold, driving growth of NFL and college football programming over the last four months of the TV season.
Broadcasters and publishers started taking ad dollars from gambling operators and dabbling in betting content a few years ago, as the US regulatory tide turned in favor of the industry that had long been viewed as a vice. The ties between media outlets and gambling operators have deepened since.
Legal sports betting in the U.S. — once confined to Nevada — has gone mainstream. Since the Supreme Court in 2018 ended federal bans on the industry’s expansion, dozens of states have legalized it, and a multibillion-dollar betting boom is afoot.
Soaring revenues from the legalized sports betting industry continue to boost sports TV networks — benefitting from national TV advertising marketing dollars as well as other revenue in closer partnerships and ownerships.
Gambling experts warned that if the U.S. sports betting industry does not restrain itself, it could fall victim to the same sort of government regulations that an orgy of sports betting ads prompted in Europe.
New York state gambling regulators approved online sports-betting licenses Monday for nine operators including FanDuel, DraftKings, and BetMGM to operate in the new market.
Data generated by the pucks and from sensors on the backs of players will be used by teams to develop their players and to scout opponents. Later this season, gamblers are expected to be able to wager on a new wave of bets.
Arizona’s first sports betting operations officially open for business in time for the start of the NFL season, with live wagers being taken on college and professional sports online and at two retail locations in Phoenix.
The NFL has embraced gambling as part of the landscape. Nowhere will that be more apparent than during pregame shows, the occasional mention during games and commercials as the point spread is no longer a taboo subject.
The 2021 NFL season is expected to generate a record 45.2 million Americans betting, according to a new data from the American Gaming Association, a figure up 36% from the 2020 season.