A second-prize Powerball ticket worth $1 million was bought at a Walmart in New Jersey The top jackpot valued was valued at $243.4 million, but not drawn by anyone. The odds of hitting the Powerball jackpot are 292 million to 1. TRENTON, N.J. – A very lucky Powerball lottery player just won big, thanks to … Read more
Parlays have been the biggest source of New Jersey sports betting income. They’ve raised $334,232,531 from January through October in New Jersey. This is more than 3x the amount of profit from any other wager in that timeframe. TRENTON, N.J. – The New Jersey Division Of Gaming Enforcement released New Jersey’s October revenue numbers, and … Read more
A bill has been introduced with the intention to lower the 2022 PILOT payment for casinos. The bill is being challenged by many people including state Senator Vince Polistina TRENTON, N.J. – A bill meant to drop the 2022 PILOT payment to $110 million, and totally remove sports and online gaming numbers from casino payments … Read more
The expanded college basketball betting issue was voted against during the November 2021 elections. The initiative was added to the ballot in an attempt to allow locals to wager on in-state collegiate sporting events. 56% of voters were opposed to the expansion. TRENTON, N.J. – New Jersey lawmakers saw their college sports betting expansion initiative … Read more
PointsBet shares have fallen by 18%. Competition between brands is crowding the market. LAS VEGAS – On Thursday, online sportsbook operator PointsBet revealed its shares had fallen by 18%. PointsBet Shares Fall In a recent quarterly update, PointsBet showed that its market share fell in the seven states that it currently operates in. Even in … Read more
New Jersey sportsbooks handled over $1 billion in September wagers. Although September has the largest handle seen yet, it did not generate the most revenue. The September 2021 sports betting handle saw a 35% increase from the 2020 handle in the state. TRENTON, N.J. – Last month New Jersey yet again made sports betting history … Read more
Sports bettors in New York are traveling to the New Jersey border to wager on games. New York’s mobile sports betting options could be months away from functionality. What happens to these bettors after the NY state mobile sportsbook platforms open is an open-ended question. NEW YORK – The capricious whims of states and governors … Read more
New Jersey, Pennsylvania, and Michigan online gambling combined for over $1.5 billion in revenue in the first half of 2021. The mobile sports betting boom of 2020 continued into 2021. The success of these online markets could persuade other markets to launch. TRENTON, N.J. – Online gambling has continued to surge in the US with … Read more
Evolution launches its dedicated live online casino studio, Barstool Sportsbook & Casino, in New Jersey. This will power all the live casino offerings for Penn National’s online casinos in NJ. New Jersey is the third market to see a live casino studio launch, joining Michigan and Pennsylvania. TRENTON, N.J. – A new dedicated live online … Read more
At the recent IndyFest 2021, Bill Hornbuckle, CEO of MGM Resorts, publicly endorsed iGaming in Nevada. Nevada has historically been against online casinos. However, iGaming access would have saved the state from a lot of lost revenue suffered during the pandemic casino closures. LAS VEGAS – The topic of iGaming in Nevada was brought up … Read more