The AGA Estimates $15.5 Billion Will be Wagered During March MadnessBy: Grant Mitchell
The popularity of bracket-filling is not lost on the AGA either. According to the survey, an estimated 56.3 million people plan to participate in a bracket contest while 31 million Americans will bet online with a sportsbook and another 21.5 million will exchange wagers casually with friends.
Black Mesa Casino Withholding $542k Prize from 74-Year-Old VeteranBy: Grant Mitchell
Tommy Wilson of Las Cruces said he hit the jackpot on February 25th, according to the Albuquerque Journal. The casino’s management retorted that the slot machine that was used to win the massive prize malfunctioned, meaning that the win does not count and will not result in a payout.
Caesars Building New Harrah’s Casino, Record-Breaking Racetrack in NebraskaBy: Grant Mitchell
While customers will have to wait until the new year to experience all that Harrah’s has to offer, the worldwide gaming giant is breaking the monotony with a temporary casino at AG Park in Columbus. That facility is expected to open this spring and will have 200+ casinos and horse racing simulcasts.
Snoop Dogg Joins Forces With Cryptocurrency Gaming Platform RoobetBy: Grant Mitchell
Roobet launched in 2019 as a division of Raw Entertainment B.V. Part of its goal is to be an innovator in gaming as it expands into the world of cryptocurrency amid the development of Web3.
Ohio Becomes Fifth State With Sports Betting Handle Above $1 BillionBy: Grant Mitchell
The Ohio Casino Control Commission (OCCC) revealed the final figures Tuesday. In addition to the massive handle, sportsbooks combined to earn $208.9 million in revenue. The 16 online operators produced $205 million of that total, compared to $3.2 million in revenue at 14 local sportsbooks.
Drake Forfeits $400k as Jake Paul Loses Boxing Match to Tommy FuryBy: Grant Mitchell
Paul entered the fight with a 6-0 professional record, which included wins over MMA stars Tyron Woodley, Ben Askren, and most recently, Anderson Silva. He was a small favorite in sportsbooks but a large favorite in pre-fight trash talk to defeat Fury, the younger half-brother of heavyweight champion Tyson Fury.
March Madness Betting Rocked Markets Last Year, What’s to Come this Time?By: Grant Mitchell
The 68-team bracket will be unveiled on “Selection Sunday” March 12, and the games begin on March 14. The American Gaming Association’s pre-tournament estimates before last year’s tournament suggested that over $3.1 billion in wagers would be placed, and that figure is expected to rise again this year.
Las Vegas Gaming Companies Represented on Annual List of Most Overpaid CEOsBy: Grant Mitchell
Members of Penn Entertainment, Las Vegas Sands, Caesars, and Wynn were all named four of the most overpaid members of the gaming industry. Penn Entertainment CEO Jay A. Snowden had the highest ranking of the bunch (third) and was paid just under $66 million, compared to average employee salaries of $33,930.
Drake Drops $1 Million on Chiefs to Win Super Bowl, Kelce MVP, and MoreBy: Grant Mitchell
In a post shared on his Instagram, he revealed his “psychotic” bets that could win a total of over $4.5 million. Among his many bets, he is riding with Patrick Mahomes and the Kansas City Chiefs to defeat the Philadelphia Eagles and secure their second Super Bowl in four years.
Drake Wins Over $2 Million as Chiefs Knock off the Bengals in AFC Title MatchBy: Grant Mitchell
The night before the big game between the Chiefs and Cincinnati Bengals, Drake revealed via Instagram that he had bet $1.1 million on the top-seeded Chiefs. The Bengals had beaten the Chiefs in last year’s AFC title match…