Latest Wagering and betting industry News

New state casino rules to require $1 million license fee

Nov. 14, 2021 14:40 PM EST

LINCOLN, Neb. (AP) — To operate a casino at a Nebraska horse racetrack companies will have to pay $1 million for a 20-year license and follow a litany of other rules. The Nebraska Racing and Gaming Commission released the new casino rules on Friday. Voters authorized...

Hard Rock considering two NYC-area casinos 8 miles apart

Oct. 27, 2021 13:41 PM EDT

ATLANTIC CITY, N.J. (AP) — Hard Rock wants to build a casino in or near New York City, even as it moves forward with a plan to build another one in northern New Jersey, about 8 miles away. Jim Allen, chairperson of the global gambling, entertainment and hospitality...

Racing panel OKs sale of Louisiana Downs track and casino

Oct. 26, 2021 16:22 PM EDT

BOSSIER CITY, La. (AP) — The $22 million sale of Harrah’s Louisiana Downs horse racing track and casino was approved Tuesday by Louisiana's Racing Commission. The Shreveport Times reported that Caesars Entertainment and VICI Properties are selling the facility in...

Gaming board OKs Louisiana horse racing track, casino sale

Oct. 25, 2021 12:07 PM EDT

BOSSIER CITY, La. (AP) — The state Gaming Control Board has approved the $22 million sale of a northwest Louisiana horse racing track and casino. Rubico Acquisition Corp. still needs approval from the Louisiana Racing Commission, which meets Tuesday, to buy Harrah’s...

Connecticut online sports betting set to fully begin Tuesday

Oct. 18, 2021 18:44 PM EDT

Connecticut regulators announced Monday that online sports wagering and online casino games can begin in earnest within hours, now that a seven-day limited “soft launch” of the state's newest forms of wagering has been successfully completed. Three organizations —...

New Jersey has its first $1 billion month in sports betting

Oct. 18, 2021 15:43 PM EDT

ATLANTIC CITY, N.J. (AP) — New Jersey's sports betting industry became the first in the United States to take in more than a billion dollars' worth of bets in a single month, in September, as football season sent more gamblers to sports books and, crucially, their phones, according to...

Online sports betting soft launch going well, CT agency says

Oct. 13, 2021 18:08 PM EDT

The limited rollout of online wagering in Connecticut is “going well so far,” according to the state Department of Consumer Protection, which is on track to allow online gambling statewide beginning Oct. 19, barring any issues. Kaitlyn Krasselt, a spokesperson for the...

Churchill Downs to open gaming venue in downtown Louisville

Sep. 30, 2021 13:01 PM EDT

LOUISVILLE, Ky. (AP) — The company that owns Churchill Downs racetrack, home of the Kentucky Derby, placed its own big wager Thursday by announcing plans to open a casino-style venue in downtown Louisville. With its new entertainment facility, to be called Derby City...

Rollout of sports betting in Connecticut to begin Thursday

Sep. 29, 2021 18:36 PM EDT

HARTFORD, Conn. (AP) — The long-awaited rollout of sports wagering in Connecticut will begin on Thursday when Foxwoods Resort Casino and Mohegan Sun officially launch their retail operations. The long-awaited bets can be placed now that the state Department of Consumer...