Nevada Gaming Control Board Generates Record $614.1 Million Handle

Nevada Gaming Control Board

The Nevada Gaming Control Board is elated with the latest sports betting performance in the state. It revealed that the industry hit a record handle of $614.1 million generating $31 million in winnings. Hitting a new record With Nevada’s latest sports betting report, we witness the first time that a state’s betting handle has crossed … Read moreNevada Gaming Control Board Generates Record $614.1 Million Handle

Online gambling company DraftKings to Be Listed on NASDAQ

Online gambling company DraftKings to Be Listed on NASDAQ

Online gambling company DraftKings announced on Monday that it would be listed on NASDAQ soon. The operator has been acquired by Diamond Eagle Acquisition Corp., a blank-check company and gaming technology provider SBTech. DraftKings to write history With its public listing, DraftKings will become the only publicly traded pure-play sports betting and internet gaming company … Read moreOnline gambling company DraftKings to Be Listed on NASDAQ

New Jersey Breaks Monthly Handle Record for Sports Betting with $562 Million In Bets

New Jersey Breaks Monthly Handle Record for Sports Betting with $562 Million In Bets

While its neighbor New York is still struggling to find substantial sports betting hold, New Jersey is marching ahead in the scene. The state’s oddsmakers recently reported that they handled $562 million in sports wagers in the month of November, breaking the record for the biggest ever monthly handle. New Jersey at it again The … Read moreNew Jersey Breaks Monthly Handle Record for Sports Betting with $562 Million In Bets

New Jersey Slaps $150k in Betting and Online Gambling Fines

New Jersey Slaps $150k in Betting and Online Gambling Fines

The state of New Jersey isn’t taking kindly to violations of its gambling regulations. The state Division of Gaming Enforcement (DGE) recently released its bimonthly regulatory decisions. It fined numerous establishments for lax policies and irresponsible operations. Who gets the fines? Scientific Games received a $100k penalty by the New Jersey DGE. Their SG Digital … Read moreNew Jersey Slaps $150k in Betting and Online Gambling Fines

NJ Gaming Regulator Advises Media against Advertising Illegal Websites

NJ Gaming Regulator Advises Media against Advertising Illegal Websites

The New Jersey Division of Gaming Enforcement (DGE) recently urged all media channels in the state to not advertise any unlicensed gaming networks or websites. It also asked them not to refer to these authorized entities. New guidelines for media outlets According to DGE director David Rebuck, the agency “is charged with protecting New Jersey’s … Read moreNJ Gaming Regulator Advises Media against Advertising Illegal Websites

NJ Online Sports Betting Generated 6 Times More Revenue Than On-Site 

Online sports betting generated almost six times more revenue than on-site sports wagering in October. This is according to data provided by the New Jersey Office of the Attorney General and released on November 14. Sports Wagering Handle Surges To Over $3.462 Billion As reported by the New Jersey Department of Law and Public Safety, … Read moreNJ Online Sports Betting Generated 6 Times More Revenue Than On-Site