Legal US sports betting is going from strength to strength, according to September’s revenue reports. Sportsbooks reported nearly $1.4 billion in bets for the month before tax. Through information tallied by the American Gaming Association (AGA), we can estimate big takings for the industry. At least 13 states now allow legal US sports betting, with […]
California sportsbooks could soon be legalized in the Golden State if a new amendment is voted in. According to reports, an amendment to the current gambling bill has been introduced and given a deadline for June 2020. If politicians vote it through, the issue will be presented in a November 2020 ballot vote. Two Democrats, […]
Las Vegas room rates are at a yearly high thanks to resort fees and new legislation to make them publicly advertised. According to reports, the yearly average increased from US$132.87 to US$143.35 in 2019. This increase is based on city-wide occupancy and Las Vegas Convention and Visitors Authority (LVCVA) research. Reportedly, the nightly rates are […]
In a move inspired by Flutter Entertainment, Diamond Eagle Acquisition is looking to merge with DraftKings. Reportedly, the two companies are in “advanced talks” and their interest in the fantasy sports operator is no coincidence. Should the deal fall through, the fantasy sports operator will likely have to start raising capital. The USA market is […]