Global event cancelations due to the coronavirus outbreak have eliminated nearly every betting option for sportsbooks. In states with in-person registration requirements, those restrictions mean new bettors have virtually no options for legal betting.
Novel Coronavirus (COVID-19) is wreaking havoc on the gaming industry across the globe. In the US, its impact has been swift and pronounced.
Elected officials and casino operators nationwide are shuttering casinos in response to the coronavirus outbreak. Here’s an updated list of statewide and individual casino closures, as well as those that remain open.
Michigan’s first legal sportsbooks are now open for business, just in time for March Madness 2020.
More than two dozen horse racing trainers, veterinarians and others were indicted on Monday for their roles in a scheme that federal investigators describe as a “systematic and covert administration of illegal performance-enhancing drugs (“PEDs”) to racehorses competing across the United States and abroad.”
The January 2020 numbers are in, and it’s safe to say the US sports betting industry picked up right where it left off last year. The big question heading into 2020 is: What markets will thrive, and what markets will flounder? And perhaps more importantly, why?
Update: Sports betting has officially begun in Illinois. Rivers Casino in Des Plaines accepted the state’s first-ever legal sports wager at noon. Illinois sports betting has set a tentative launch date: Monday, March 9th. BetRivers Sportsbook at Rivers Casino Des Plaines announced on Friday that it plans to launch at noon on Monday, pending final …
Illinois Sports Betting Begins Monday, March 9th Read More »
PointsBet Sportsbook is coming to Indiana. On Wednesday, the Indiana Gaming Commission (IGC) gave PointsBet Indiana the go-ahead to commence statewide mobile betting. Starting March 5th, Hoosiers can visit the PointsBet website to sign up for an account, download the official mobile app and bet on sports.
The growing importance of US sports betting to previously European-focused gaming giants was on full display in last week’s earnings results from William Hill and Flutter. The numbers were both compelling and competing as both companies try to bolster investor belief in their ambition.
Nevada’s revenue report had extra significance in January. For the first time, the Nevada Gaming Control Board provided a breakdown of land-based and online sports betting in the state. The result was about a 50-50 split between the two betting channels. That lines up with what analysts have heard through backchannel chatter for several years.
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