Blog – Sports Betting, Casino and Poker Articles

While it is suggested that the social media giant is trying to penetrate the USA sports betting market, the facts speak for themselves. Indeed, its crusade over the years, as seen in its active involvement in the NFL and college football engagement is noteworthy. It has transcended from the live streaming of games to seeking sports partnerships and related contracts even in recent times.

Indiana saw a second consecutive record-breaking month as the state revealed its October’s sports betting handle to be $461.1 million. This was a 29.7% increase from the previous record month when Indiana handled $335.4 million in September.

Tennessee was one of the later states to pass the necessary legislation to bring online sportsbooks into its borders, and when it did so in 2020, it only managed to do so in November. This meant it missed the crucial window of the start of the NFL season, where there is a steady stream of games and lots of excited bettors. It’s one of the best periods of the season.

When the US Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA) in 2018, it broke Nevada’s monopoly on the betting market. Many experts in the industry foresaw a drop in Nevada’s revenues from betting as more states offered players different options.

While Las Vegas and Atlantic City are the U.S. cities most known for their land-based casinos, gambling is indeed an international sport. As anybody who owns a television knows, online gambling and sports betting has been on the rise, especially since the COVID-19 pandemic hit.

While other states were airing news stories about local pumpkin patches last Monday, the reporters in New Jersey had a different sort of news to announce. Effective September 30, 2021, New Jersey was the first state to generate a billion dollars in gambling bets.