Articles by: Grant Mitchell
American Gaming Generates $66.5B in 2023 Revenue, $10.9B from Sports Betting
By: Grant MitchellThe training wheels are completely off of the American gambling market. Although casinos have been legal for years, the rise of sports betting has brought the prevalence of all forms of gambling to the forefront of many Americans’ lives.
02/22/2024
IndustryNBA Reportedly Agrees to New CBA, Allows Sports Betting Player Partnerships
By: Grant MitchellSports betting has been a tough topic to handle for professional sports leagues. The NBA has not had any major controversy but has been forced to walk a tight line amid the rapid expansion of legal sports betting.
02/21/2024
NewsDrake Loses $250k Betting an Underdog NCAA Tournament Final Four Parlay
By: Grant MitchellThe bet would have paid just under $1.6 million if it cashed, but it ultimately did not. Nobody ever accused the “Her Loss” hitmaker of being the best on the books, even if he is a beast on the boards.
02/21/2024
NewsOhio Sports Betting Market Benefitting from Cincinnati Bengals’ Success
By: Grant MitchellHaving opened for business less than a month ago, sportsbooks are capitalizing on the Bengals’ good fortune in the NFL playoffs. If they beat the Kansas City Chiefs this weekend, they will advance to play in their second straight Super Bowl…
02/21/2024
NewsKids Beat Three-Year-Old Girl to Death While their Mothers Were at the Casino
By: Grant MitchellThe East Baton Rouge Sheriff’s Office responded to a call from one of the children around 3:45 p.m. on February 12 that the victim, Blessing Buckles, was unconscious. They arrived to find eight children, ranging from 11 months to 12 years old, were home with no adult supervision.
02/20/2024
Casino NewsJim “Mattress Mack” McIngvale Casts Doubt Over Future of Texas Sports Betting
By: Grant MitchellMcIngvale said to gambling.com that he “seriously” doubts the Texas legislature will reverse its long-standing opposition toward sports betting and gambling as a whole, even despite his propensity to place million-dollar bets and love for sports wagering.
02/19/2024
IndustryNew Atlantic City Casino Smoking “Compromise” Opposed by Advocacy Group
By: Grant MitchellSen. John Burzichelli submitted a bill on Monday that would uphold the current law that limits smoking to 25% of casino floor space. However, it would allow smoking in unenclosed designated smoking areas no more than 15 feet away from table games with dealers.
02/15/2024
Casino NewsMassachusetts Delays DraftKings’ Hearing After New Evidence Unearthed
By: Grant MitchellThe meeting was set to discuss DraftKings illegally allowing customers to deposit funds into their accounts through the use of credit cards, which is illegal according to the state’s gaming laws. Users were able to deposit funds via credit card from March 10, 2023, through July 13, 2023.
02/15/2024
IndustryPENN, ESPN Bet Buy WynnBET’s New York License for $25 Million
By: Grant MitchellPENN announced Tuesday that it acquired the sports betting operator’s license awarded to WynnBET in 2021 for $25 million. The deal means that WynnBET can no longer offer betting odds and services in New York, while ESPN Bet now has access to its 18th state in its first six months of operation.
02/14/2024
IndustryPro Bettors Fall Flat and Public Triumphs Again as Chiefs Win Super Bowl 58
By: Grant MitchellDuring the final countdown to kick-off, a few more six and seven-figure bets were reported by major sportsbooks. At least six million-dollar bets were made on the Niners and one on the Chiefs, according to industry expert Ben Fawkes’ reporting.
02/13/2024
Industry- Sports Betting
- Grant Mitchell