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Atlantic City Casino Revenue Up Six Percent, Sportsbooks Win Big on March Madness

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Atlantic City casino revenue from the nine casinos’ brick-and-mortar operations was nearly 6% richer last month. Atlantic City casinos continue to win more money on their gaming floors, but resort leaders say profits are being reduced by ongoing increased overhead and higher employee costs. Brick-and-mortar casino gaming revenue in March 2023 totaled $228.6 million. (Image: AP) The New Jersey Division of Gaming Enforcement (DGE) reported today that land-based casino income totaled about $228.6 million in March 2023. That’s up 5.6% from March 2022. The strong monthly in-person gross gaming revenue (GGR) report comes just days after the casinos reported reduced profit margins for their 2022 operations. Despite 2022 brick-and-mortar GGR

Kentucky Sports Betting’s Passage Due to Stivers’ Vote, GOP Floor Leader Thayer Says

kentucky-sports-betting’s-passage-due-to-stivers’-vote,-gop-floor-leader-thayer-says

After the Kentucky General Assembly ended its 2023 session on March 30, proponents for the sports betting legalization bill that passed gathered for a celebration at Serafini, an Italian restaurant in Downtown Frankfort. Kentucky Senate Republican Floor Leader Damon Thayer discusses House Bill 551, a bill legalizing sports betting, during a Senate session on March 30, the final day for the General Assembly to meet. Less than 24 hours before, Thayer was pessimistic about its chances. The bill, which needed 23 yes votes, passed 25-12. It was a bipartisan celebration, said state Rep. Michael Meredith, R-Oakland. Meredith was the primary sponsor of House Bill 551, the bill that would make

Sports Betting Alliance Calls on DC Mayor to Use Problem Gambling Funds Appropriately

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The Sports Betting Alliance (SBA), a trade association of sportsbook operators that advocates on behalf of its members for consumer protections to ensure sports betting remains a safe entertainment activity for adults, says DC should rethink how it’s using its sports betting taxes. GambetDC sports betting kiosks in a DC bar. The Sports Betting Alliance is responding to reports that DC government officials are not properly using their sports betting tax money as pledged when such gambling was authorized. (Image: Getty) Casino.org reported last month on how DC Mayor Muriel Bowser (D) and the Council of the District of Columbia, the legislature of the local government in the nation’s capital,

Brazilian Soccer Teams Want a Say on Sports Betting Taxes

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Brazil’s Finance Minister, Fernando Haddad, recently announced a plan to implement a tax on sports betting operators as a possible precursor to full acceptance of the activity. The measure led to a call for the operators to participate in a discussion of the plan. Now, several soccer teams want in as well. Members of Brazil’s Flamengo FC pose for a photo. The team is one of several that wants input on proposed tax regulations for the sports betting industry. (Image: Pinterest) Eight of Brazil’s premier football clubs have formally requested the federal administration give them a chance to weigh in on policies and guidelines for online betting. Major clubs like

Masters Odds: Rory McIlroy, Scottie Scheffler Betting Favorites for 2023 Green Jacket

masters-odds:-rory-mcilroy,-scottie-scheffler-betting-favorites-for-2023-green-jacket

It’s officially Masters week, the favorite tournament of the year for many golf fans. And with the ongoing PGA Tour versus LIV Golf controversy, plus Tiger’s highly anticipated return to Augusta National, the 2023 edition of the Masters has an abundance of storylines. Scottie Scheffler (left) and Rory McIlroy are the 2023 Masters betting front-runners. Bettors are seemingly favoring PGA Tour players over LIV Golf players for the first major of the year. (Image: Getty) For bettors, defending champion Scottie Scheffler and Rory McIlroy, the latter who would complete the career grand slam with a green jacket on Sunday, are the odds-on favorites. Bettors have placed much money on the

UPDATED: Kentucky Sports Betting Bill Clears Legislature in Session’s Final Day

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In the end, legalizing sports betting in Kentucky on Thursday came down to politics. Kentucky Senate President Robert Stivers (right) speaks with Senate Democratic Leader Gerald Neal on the floor of the Senate Thursday. Hours later, the chamber would vote to pass a bill to legalize sports betting. (Image: Casino.org) Lawmakers in the General Assembly, seeking to wrap up a few pieces of significant legislation on the final day of the 2023 session, came to agreements to pass sports betting and other issues, including on a bill that reforms how the state will tax bourbon barrels. Bourbon and betting. That’s so Kentucky. Both bills cleared the chamber early Thursday evening,

2023 iGaming, Sports Betting Legislative Outlook Looks Dark, Says Analyst

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About three months into 2023, it’s already clear that bettors and investors hoping for more state-level approvals of internet casinos and sports wagering may be left disappointed this year. A sign welcoming travelers to Georgia. Sports betting could be a heavy legislative lift there this year. (Image: Shutterstock) Ohio and Massachusetts joined the live and legal sports wagering fray in the current quarter, and Puerto Rico is slated to do the same later this year. After that, the outlook is murky at best for more states signing off on regulated sports betting. Efforts to pass sports betting are active and could result in some incremental states of size legalizing,” wrote

March Madness: UConn Qualifies for Elite 8 After Players Flee from Dirty Luxor

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The UConn men’s basketball team is heading to the Elite 8 after beating Arkansas at Las Vegas’ T-Mobile Arena on Thursday. But nothing was elite about the reported conditions of the hotel where the UConn team was initially booked. Las Vegas’ Luxor Hotel & Casino, pictured above. The UConn men’s basketball team left the Luxor after players were reportedly disgusted about the condition of the rooms. (Image: TripAdvisor) When the Connecticut Huskies checked in to the Luxor Hotel & Casino on Tuesday night, they were disgusted with the condition of the rooms, according to online reports. There was apparently dirt, “vomit … and worse” in the assigned hotel rooms at

Mirage Announces F1 Las Vegas Grand Prix Tickets

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Hard Rock International, the new owner of The Mirage, this week announced its own viewing structure for the Formula 1 Las Vegas Grand Prix. The Mirage’s Grandstands will seat up to 3,000 people. The F1 Las Vegas Grand Prix will be held at 10 p.m. Saturday, November 18, 2023. It will feature 50 laps around a 3.8-mile circuit weaving throughout the Strip, with a straightaway allowing drivers to push 212 miles per hour. (Image: f1lasvegasgp.com) Prices for the new tickets weren’t announced. However, earlier this month, Formula 1 announced it would release additional Las Vegas Grand Prix tickets for between $500 and $10K each, which seems to be the going

FanDuel Responds to Same-Game Parlay Betting Project, Says Most Wagers Were Created by Bettors

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FanDuel has told Casino.org that it didn’t make most of the parlay wagers an Illinois lobbyist and gaming industry analyst played as part of an experiment he recently conducted. An edited screencap of the home page for FanDuel Sportsbook. A gaming analyst recently criticized the operator for same-game parlay bets it promotes on its site, prompting FanDuel to respond. (Image: Casino.org) Over the last few weeks, Steve Brubaker played 50 same-game parlays featured on the front page of FanDuel’s wagering app. Of those 50 $1 wagers, he won just once and lost more than $37. After that, he played 50 $1 lottery scratch-off tickets. He won eight times on those,

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