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California Sports Betting: Major League Baseball backs Prop 27
August 26, 2022
Another week goes by and another organization comes off the fence regarding sports betting in California. This week, it’s the turn of the baseball world to get involved, as the administration of Major League Baseball announced its backing for Proposition 27 as we get closer to the voting date on two separate propositions relating to the provision of sports betting in the richest state in the USA. Prop 27, if passed, would permit sportsbook c
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Las Vegas Gambling take expected to slump in 2023
August 24, 2022
Experts are predicting that gaming revenue across Las Vegas casinos will decline next year before experiencing a rebound in 2024. A report from Fitch Ratings suggests that the Nevada gaming resort will see takings from the gaming tables fall by up to 10% as part of a wider economic retrenchment. This expectation is based on knowledge of upcoming gaming numbers and room occupancy, with the wider global economy experiencing a general retraction. It
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Massachusetts Governor signs sports betting bill into law
August 22, 2022 It is now a question of when, not if, for sports betting in Massachusetts after the state’s governor Charlie Baker signed a compromise bill which was agreed by the legislature last week. Gubernatorial approval was the final step in the process to make sports betting legal in the state, and the process of making it all official now falls under the control of the Massachusetts Gam
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California sports betting referendum latest: Good and bad news for Prop 26
August 18, 2022
As California’s campaign to regulate sports betting in the state continued, the main proposition on the upcoming ballot saw good and bad news for the campaigners supporting it in the latest exchanges around the campaign. The good news for supporters of Proposition 26 first: the campaign against the proposition was forced into a climbdown last week as they were met with a lawsuit
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PredictIt looks for ways to continue operations after regulators issue warning
August 16, 2022 The online political prediction exchange PredictIt is facing an uncertain future after the federal authorities warned it to wind up all its futures markets by February 15, 2023. The feds issued a letter last week rescinding a previous “no action” decision which had meant that PredictIt could continue to offer its services, leaving the exchange looking for ways to maximize the markets it can offer between now and February. The “no action�
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Atlantic City casinos mulling smoking ban
August 12, 2022 There are few workplaces in the United States now where smoking indoors is considered to be an acceptable behavior, but one such industry is the New Jersey indoor casino sector, where patrons on the casino floors of Atlantic City are permitted to smoke while they play the various slots and table games. However, this may soon cease to be the case, if representatives of the city’s ca
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NY Sports betting remains solid in July
August 10, 2022 The month of July is always going to be the weakest time for sports betting in most of the USA. Basketball, football and hockey are out of season, and while there are still Major League Baseball games to bet on, the month is broken up in the middle by the All-Star break. While a prestigious time for the game itself, the showpiece event isn’t exactly a betting bonanza, and it means fewer games in the regular calendar. All of this taken into a
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Mississippi gambling revenue in 2021 highest for more than a decade
August 8, 2022 Mississippi rebounded solidly from the worst of the pandemic in 2021, with the state seeing its highest revenue from casino gaming since 2008, according to figures released last week. The Magnolia State, which is home to 26 casinos, pulled in close to $2.67 billion in gaming revenue across the year, which represented a handsome recovery in a ye
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Las Vegas hit by torrential downpours; silver lining not detected
August 4, 2022 The casino gaming capital of at least the Western Hemisphere took a battering from monsoon rains in the final week of July, causing a pause in at least some of the games while flooding and electrical complications were addressed. The immediate upshot of these storm rains was that the gaming floors at Caesars Palace and Planet Hollywood required repairs, while viral videos captured a cascade of water from the Circa’s sportsbook video wall. Fo
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Californian betting referendum campaign ignites tensions
August 2, 2022 With a little over three months to go before California goes to the polls, campaigning for the referendum proposals on sports betting has ignited with claims and counter-claim. Advertisements for and against the proposals being voted on this November have centered in the past week on what the legislation will mean for the state’s tribal population. The primary division has emerged
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