ESPN Bet Seen Bringing More Women to Sports Betting

December 21, 2023 Category :General Off

The ESPN Bet app is off to a strong start. ESPN Bet was launched by Penn Entertainment just over five weeks ago on November 14, 2023. It debuted in 17 states and topped one million downloads in the first week. It appears the venerable ESPN brand is paying off for Penn in terms of bringing new bettors to the table. The consensus is that it is luring more casual bettors, including women, to the world of sports betting. This is in turn growing the market.

That’s the take of Bank of America analyst Shaun Kelley who is praising ESPN Bet’s strong start. “It is our sense ESPN Bet could be growing the market through more casual and female bettors compared to other sportsbooks,” Kelley noted. That is good news for the industry at large, because in the US, sportsbooks are struggling to attract female bettors according to some studies.

In November ESPN Bet’s gained market share came at the expense of BetMGM, Caesars Sportsbook, and DraftKings. FanDuel, the largest sportsbook, added 1% of market share. This could be in part due to increased marketing. Analysts say the increased market share of ESPN Bet isn’t yet weighing on DraftKings. DraftKings clients spending habits for November were estimated to be normal in the states where they compete with ESPN Bet.

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Do Strip Casinos Earn Most of Their Revenue from Gambling?

December 12, 2023 Category :General Off

Do Las Vegas Strip casinos earn most of their revenue from gambling? That is a great question that was recently asked. The Las Vegas Strip has been the heart of US gambling for decades. But gambling is no longer the heart of the Las Vegas Strip. Over the last 30 years, casino profits have slowly shifted to nongambling sources. From the 1950’s until the early 1990’s about 75% of casino revenues were earned from gambling. This came from table games such as blackjack, roulette, and baccarat. Of course much of the revenue also came from slots and video poker.

That’s why the more you played, the more you would be compensated. Many guests used to be compensated for their rooms, meals, drinks, and shows. The more you played, the more you were compensated. Dunes invented this in the 1960’s with their special guest card. Today, the Strips revenue streams have flipped. Now nongambling sources account for about 75% of revenue. This is according to the most recent quarterly earnings reports from MGM Resorts Las Vegas, Caesars Las Vegas, and Wynn Las Vegas. Now to get free rooms you have to do some serious high rolling.

Steve Wynn is considered mostly responsible for this trend. He decided that instead of it being about cheap buffets and shows, he decided it could be more like Monte Carlo. In 1989 he opened The Mirage which offered its guests the best of everything. Dining at his Kokomo’s restaurant, they ate world class steak and seafood while surrounded by banana trees and waterfalls in The Mirage’s indoor rainforest.

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Houston Texans Wide Receiver Tank Dell Out For Season

December 5, 2023 Category :General Off

Houston Texans rookie wide receiver Tank Dell is out for the season. Dell suffered the season ending injury in yesterday’s game vs the Denver Broncos. Houston won the game by a 22-17 score at home. Dell sustained the injury in the first quarter of the game. He was blocking on a running play at the goal line. Dell got caught up in a dog pile at the goal line.

X-Rays revealed a fractured left fibula. Dell will undergo surgery and miss the rest of the season. The Texans took a flier on Dell with a 3rd round pick in the 2023 NFL draft. Through his first 10 games of the season Dell caught 47 passes for 709 yards and 7 touchdowns.

This comes as a big blow for the Texans as they are battling for the division lead and a playoff spot. They currently trail the Jacksonville Jaguars by a game and a half. Jacksonville hosts the Cincinnati Bengals who are without star Quarterback Joe Burrow. Houston has won 4 out of their last 5 games losing only to the Jaguars by a score of 24-21. The Indianapolis Colts are also in that division. The Colts have the same record as Houston. Both teams are sitting at 7-5. Jacksonville is 8-3.

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Another thing you’ll want to consider when trying to decide where to play for real money is the slots bonuses these online casinos are offering. As you’ll see they are literally giving away thousands of dollars to get you to play on their site. They really want your business and they are willing to pay for it. However, please be aware that they all have play through requirements. Make sure you check out each individual casino’s terms and conditions.

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Cincinnati Bengals Lose Joe Burrow to Season Ending Injury

November 19, 2023 Category :General Off

The Cincinnati Bengals have lost their starting quarterback Joe Burrow to a season ending injury. It happened in last weeks game against the Baltimore Ravens. Burrow will miss the remainder of the season with a wrist injury. This is a huge blow to the Bengals in their quest to return to the AFC Championship game. Last year they lost to the Kansas City Chiefs, by a score of 23-20. The Chiefs went on to beat the Philadelphia Eagles in the Super Bowl. The Super Bowl was a thriller of a game with a final score of 38-35. The rematch of that Super Bowl will be played tomorrow night on Monday Night Football.

In that same Cincinnati vs Baltimore game, Baltimore tight end Mark Andrews went down with an ankle injury and is possibly out for the season as well. Also last weekend Cleveland Browns starting quarterback DeShaun Watson’s season ended with a shoulder injury. Injuries have hit the NFL hard again this year as it does every year. All pro wide receiver Justin Jefferson of the Minnesota Vikings is scheduled to possibly return next week on Monday Night Football. Of course the Vikings have a new quarterback in Joshua Dobbs, who they traded for, when Kirk Cousins went out for the season.

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FanDuel CEO Forecasts Profitability Amid Rising Competition

November 5, 2023 Category :General Off

FanDuel CEO Amy Howe recently reiterated that the largest US online sportsbook will be profitable this year. This is even though the landscape is growing increasingly competitive. They were already profitable the first half of the year. FanDuel and DraftKings currently combine for 76% of the US online sports wagering market. So what do you do if you want to bet on sports, but do not live in one of the states in the United States where it is legal to do so? Not everyone can place bets on FanDuel or DraftKings currently in the USA. Online sports betting is not legal in every state in the United States. We can help.

DraftKings is king of online gaming stocks says analyst. Its stock gained 26.69% this week taking its year to date rise to 196.31%. DraftKings is royalty among online gaming equities. That is the sentiment of Macquarie analyst Chad Beynon. He recently increased his price target from $38 to $42. That implies upside of 24.44% from Friday’s closing point of $33.75.

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When trying to decide which online casino to play at make sure you check out their slots bonuses. These online casinos want your business badly and they are willing to pay for it. You’ll see that they are giving out thousands of dollars in bonuses to get your business. Just make sure you check out their play through requirements. They all have them so there’s no getting around it. If they didn’t, people would simply deposit, get the bonus, and then withdraw all the money. Online casinos don’t want you doing that. They want you to play.

Also check out each online casino’s banking methods including depositing and withdrawing. Most do a great job getting USA credit cards approved, but even that sometimes doesn’t work. USA banks don’t typically like you to use their cards at online casinos. Consider using cryptocurrencies as they are fast, easy, and private.

The NBA Regular Season is About to Get Underway

October 23, 2023 Category :General Off

Tomorrow starts the beginning of the 2023-2024 NBA regular season. It is exciting times for those who love basketball. After a long offseason our favorite teams are about to hoop it up.

If you are a fan of the Memphis Grizzlies you have just received some bad news. Starting center Steven Adams will miss the entire season while recovering from knee surgery. Adams, who is 30 years old, missed the last 40 games of last season with a sprained PCL in his right knee. He did not undergo surgery at the time. During preseason Adams appeared in 2 games, but did not return to his old form. The Grizzlies and Adams determined that knee surgery is the best way to go.

Wynn Resorts and officials in Everett, Mass. are reworking their pitch to state lawmakers to rezone land near the Encore Boston Harbor to allow for the construction of a Major League Soccer (MLS) stadium. The 45 acre site is across from the Encore Boston Harbor casino resort. Since it opened in 2019 the casino has generated gross gaming revenue of more than $2.57 billion, resulting in state gaming taxes of over $643.7 million. The casino has also paid many more millions in local taxes and share assessments to Everett and its surrounding communities.

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One of our favorite online casinos is BetOnline casino. One reason is their amazing sportsbook. Here you can wager on just about any sport from all over the world. They also have many table games to choose from including blackjack, roulette, craps, and baccarat to name a few. You can also play many of their table games with live dealers. If you haven’t tried this before you don’t know what you are missing. Live dealer table games are quickly becoming the preferred gambling option of many online gamblers.

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Patrick Mahomes, Tua Tagovailoa in Close NFL MVP Race

October 12, 2023 Category :General Off

The National Football League has now completed 5 weeks of their schedule. And as usual there are plenty of things to talk about. One such thing is the MVP race currently going on between Patrick Mahomes and Tua Tagovailoa. Mahomes is the quarterback for the Kansas City Chiefs and Tagovailoa for the Miami Dolphins. Mahomes’s odds are currently sitting at +450 while Tagovailoa’s are sitting at +475. The quarterbacks have the top 5 favorites with Brock Purdy, Josh Allen, and Jalen Hurts rounding out the top 5. Christian McCaffrey is the first non-quarterback. He is 6th favorite with odds of +1400.

The Atlanta Falcons have acquired Van Jefferson from the Los Angeles Rams in a trade. The Falcons also get a 7th round pick while the Rams get a 6th round pick. Van Jefferson is a wide receiver. The NFL trade deadline is October 31. During his 4 year tenure with the Rams, Jefferson had 101 receptions for 1499 yards and 10 touchdowns.

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BetOnline has been around for over 20 years now and is trusted in the gaming industry. They currently have the most table games with live dealers and the best variety. Another thing you should consider is the first time deposit bonuses these online casinos are giving out. They are giving away hundreds, if not thousands, of dollars to get you to play on their site. And please also look at each casinos banking methods including depositing and withdrawing. Consider using cryptocurrencies such as BitCoin as it is fast, easy, and private.

Genius Sports Incorporates Betting Into NFL Live Stream

September 27, 2023 Category :General Off

Sports betting continues to grow like we’ve never seen it before in the United States. More and more states are legalizing it as they see how much potential tax revenue is possible. Its funny that for years and years states said no to betting on sports, but now that they see how much money they stand to make it is all of a sudden a great idea. Genius Sports is now taking sports betting to the next level. Genius Sports possesses exclusive rights to the NFL Official League Data for the sports betting industry through the pro football league’s proprietary Next Gen Stats distribution network.

Genius Sports is a sportsbook partner that provides live, real time statistics that oddsmakers use to set lines. Genius Sports expanded on its NFL offering this week by announcing that bettors can now wager while watching the live video stream. The product, called BetVision, enables sportsbook customers on certain apps to place bets within the live video player for the first time.

Several key starters went down with injuries in week 3 including Michael Williams of the Los Angeles Chargers. It is expected that Chargers wide receiver Joshua Palmer will see more targets now that Williams is out for the season. One wide receiver who may still be available on your waiver wire is Houston Texan’s wide receiver Tank Dell. Dell has 15 receptions, 251 yards, and 2 touchdowns through his first 3 games of the 2023 NFL season.

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BetOnline also has the best sportsbook of any online casino in our opinion. You can bet on just about any sport going on including such favorites as football, basketball, baseball, hockey, and soccer. They also have an excellent horse racing book where you can bet on horses from all over the world. And of course they have a great variety of online slots to choose from as well. Basically BetOnline casino is your one stop shop for online gambling.

MGM Cyberattack Likely Costing Millions of Dollars a Day

September 20, 2023 Category :General Off

The MGM cyberattack that began on Sunday, September 10, may be costing the casino giant millions of dollars a day. The cyberattack continues to linger on as MGM is doing everything they can to end it. MGM’s casino resort websites were restored last week, online room reservations remain on hold. Guests are having to wait in long lines when checking in. Self service gaming cashier kiosks are not working so a floor attendant must manually pay out the winnings at each machine. This cyberattack could be costing around $8.4 million a day in lost revenue.

It was a tough week in the NFL once again when it comes to injuries. Two running backs, Saquon Barkley and Nick Chubb, both suffered injuries this past weekend. Chubb, the Cleveland Browns running back got the worst of it. He suffered a season ending knee injury. Barkley, the New York Giants running back stands to miss multiple weeks with an ankle sprain. Ironically the Giants erased a 21 point deficit against the Arizona Cardinals in the game Barkley got hurt. Cleveland were not as fortunate as they lost on Monday night football to the Pittsburgh Steelers 26-22.

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DraftKings Reignmakes Seen Boosting Profits, Revenue

September 4, 2023 Category :General Off

DraftKings Reignmakers is a fantasy sports game played with NFTs. If you are not familiar with NFTs they are non fungible tokens. Its a big thing these days that we won’t get into in this article. Reignmakes is a prime example of blockchain gaming and could be accretive to the operator’s top and bottom lines.

Just over two years ago, the Boston based sportsbook operator announced plans for DraftKings marketplace, democratizing access to NFTs in the process. Through reignmakers users accumulate collections of gamified NFT cards. They then use these cards to play in contests on DraftKings for real money. They estimate that over the next four quarters, the NFT based fantasy game will drive revenue north of $70 million, or more than 3% of DraftKings total, while accounting for as much as 5% of the gaming company’s profits.

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There are also many kinds of banking methods that you can use. The most common one is depositing with a USA credit card. Although most casinos can get these approved regularly it is still not always easy. USA credit card companies don’t like when you use their cards to deposit on gambling sites. If depositing with a credit card is not for you, maybe you should consider depositing and withdrawing with cryptocurrencies such as bitcoin. Depositing and withdrawing with bitcoin is fast, easy, and private. There are also cash options to consider such as Western Union and Money Gram.