Latest Sports betting News

Execs: US internet casino gambling is poised for expansion

Sep. 23, 2022 13:23 PM EDT

ATLANTIC CITY, N.J. (AP) — As sports betting has swept across the country with states, casinos and consumers eagerly embracing a new gambling market, internet casino games have grown much more slowly. But the online casino market has tremendous potential for growth and expansion,...

Record spending over California's legal gambling initiative

Sep. 21, 2022 09:28 AM EDT

LOS ANGELES (AP) — The campaign that could bring legalized sports betting to California is the most expensive ballot-initiative fight in U.S. history at about $400 million and counting, pitting wealthy Native American tribes against online gambling companies and less-affluent tribes over what's...

NJ casino, online, sports betting revenue up 10% in August

Sep. 16, 2022 15:29 PM EDT

ATLANTIC CITY, N.J. (AP) — New Jersey’s casinos, horse tracks that offer sports betting and the online partners of both types of gambling outlets won $470.6 million from gamblers in August, up more than 10% from a year earlier, according to figures released Friday by state gambling regulators....

Official: New Mexico horse racing still in the 'dark ages'

Sep. 15, 2022 20:46 PM EDT

ALBUQUERQUE, N.M. (AP) — Easing rules around online betting would help ensure the survival of New Mexico's horse racing industry as it faces intensifying competition for attention from gamblers in the state and around the world, a top racing official told a panel of state lawmakers Thursday. ...

NJ eyes extending robust online bet market another 10 years

Sep. 15, 2022 11:19 AM EDT

TRENTON, N.J. (AP) — Mindful that its thriving internet gambling market is one of the brightest spots in New Jersey's uneven gambling landscape, the state's lawmakers are moving to extend authorization for online bets for another 10 years. A state Assembly committee held a hearing...

Study: 1-in-5 U.S. adults bet money on sports in past year

Sep. 14, 2022 15:51 PM EDT

ATLANTIC CITY, N.J. (AP) — Nearly one in five U.S. adults bet money on sports over the past year, according to a survey released Wednesday. The report from the Pew Research Center shows that 19% of adults surveyed said they had wagered on sports. The most common way...

Editorial Roundup: Nebraska

Sep. 12, 2022 13:18 PM EDT

Lincoln Journal Star. September 8, 2022. Editorial: Measured approach on sports gambling is the best bet WarHorse Casino should be open this month, just in time for the NFL and college football seasons. However, even though sports betting was approved by...

Supply chain woes delay sports betting at Hartford arena

Sep. 10, 2022 15:25 PM EDT

HARTFORD, Conn. (AP) — Sports fans won’t be able to place bets at Hartford’s XL Center until next spring. Officials told the Hartford Courant that delays in receiving crucial construction components due to global supply chain issues is to blame, and that the project isn't...

Online bets surge as NFL kicks off, indicating a busy year

Sep. 09, 2022 11:52 AM EDT

ATLANTIC CITY, N.J. (AP) — The level of online betting activity on Thursday night's NFL kickoff game surged 77% over the level from last year's opener, according to a company that most of the legal U.S. sports betting industry uses to verify that its customers are where they say they are. ...

Wins — and losses — can pile up with sped-up sports betting

Sep. 07, 2022 11:53 AM EDT

ATLANTIC CITY, N.J. (AP) — With legal sports betting in its fifth year in much of the U.S., things are getting much more intense, with increasing ways to bet and more opportunities to rapidly win — and lose — money. When the defending Super Bowl champion Los Angeles Rams kick...