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Gambling News

Legal US Sports Betting Hit Record High Revenues & Triggers New Legislation Plans

Legal US Sports Betting

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 […]

Las Vegas Room Rates Break Records Thanks to Resort Fees Being Publicized

Las Vegas Room Rates USA

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 […]

Diamond Eagle Acquisition Looking to Merge with DraftKings for USA Daily Fantasy Sports

DraftKings Diamond Eagle Merger

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 […]