Posts Tagged "Casino"

Delaware and Pennsylvania gone over their Revenue Records in Online Gambling

Delaware and Pennsylvania gone over their Revenue Records in Online Gambling

Delaware’s revenue amount has been increasing ever since the state legalized online gambling in 2012. As per June this year the state had an increase of 180% in terms of revenue since the revenue generated in that month was $304,874. This is according to reports given a few days ago. All the three state operators have reported increases. They include Dover Downs, Harrington Raceway and casino and Delaware Park. New Jersey posted over $16 million in revenue in June but Delaware is still doing exceptionally well. This is due to the fact that the state is less-densely populated and it has been struggling with online gambling revenue since the beginning.

The revenue amount also has a higher chance of increasing in the future. Pennsylvania also reported increase in revenues in the month of June. The land based casino located in the state made a whooping amount of $3.23 billion making it the highest amount in revenue over the nine years since gambling was legalized in the Keystone state. Slots and table games in Pennsylvania State generated revenue of $3.2 billion which was the highest amount made since there was an increase of over $86 million. This was according to Pennsylvania Gaming Control Board. Table games had a yearly increase of 8% from 2015 which totaled to $839 million.  The total gaming revenue was increased by 3.6%.

$543 million was the highest amount generated by Parx Casino in Philadelphia and the second highest amount was generated by Sheldon Aldelson’s casino and Sands Bethlehem casino that generated an amount totaling to 4533 million. Gambling is soon to be legalized in Pennsylvania due to the great revenue amount generated by gambling. The issue about gambling will be discussed again in the fall after summer season is over.

Read More

Bet365 makes use of Yggdrasil

Bet365 makes use of Yggdrasil

Cherry’s Yggdrasil Gaming has made an announcement that its full suite of online casino games will be aired live on Bet365 which is among UK’s leading casino operators. Yggdrasil is known as the best provider for online and mobile gaming applications. Yggdrasil made a deal with Bet65 on February about providing the operator with a full product suite. Yggdrasil products suites will include 18 video slots, with titles such as Wicked Circus, Bicicleta, Seasons and Jokerizer and also the progressive jackpot Joker Millions. The slot games will be available live and will be under the control of Yggdrasil’s Gibraltar and UK licenses. Other extra features and tools that Bet365 have managed to gain access to include Infinite API for gamification and also the Boost promotional tools collection.

Yggdrasil gaming CEO, Fredrik Elmqvist made a statement saying that they were delighted that their games were being aired live on one of the world’s leading operators, Bet365. He also added that his company had worked extra hard to make sure that a swift and seamless integration was met and he was happy to have worked with Bet365, this proves to show that Yggdrasil was growing quite fast. It was not long ago that Yggdrasil won the title of Slot Provider of the year that was presented at the 2016 EGR B2B Awards. They also won the title of Gaming Supplier of the Year in the 2016 International Gaming Awards earlier in the year and also the title of Software Rising Star held at the 2015 EGR B2B Awards.

This integration comes shortly after Yggdrasil Gaming was broadcasted live in the UK. This is after it completed a full product portfolio just three months after it was given a license in December. This will ensure that British players will enjoy the Yggdrasil games without any problem.

Read More

Sports Betting product launched by Mr. Green

Sports Betting product launched by Mr. Green

In preparation to Euro 2016 Mr. Green announced the launch of a new betting product. Earlier on t hey had promised that by 2016 they would have launched a new betting product which will take betting to a higher level. Mr. Green said that the betting product was attached to the casinos website. This was to enable anyone who`s scrolling on it to come across it. The project is meant to improve players experience as the try their luck and meliorate the marketing services it offers. This will be facilitated by the commitment Mr. Green has instilled in himself and his staff together with Kambi to perform better in marketing.

Mr. Green lost a lot of money last year. The FY reported that Mr. Green wanted to recover the large amount of money it lost in the year 2015 from its SEK-36 million in amount. The key enterprise of Mr. Green is said to be competition in the European sports betting industry. Per Norman the CEO of Mr. Green commented by saying that so as to meet their customers’ needs and the call for betting and better odds the company decided to launch Sportsbook. He concluded by saying that they had managed to come up with Sportsbook within the required time. He thanked the new product for making them reach such a point. He also added that the Sportsbook and the Casino were of the same quality. They had made it that way to attract and seem user friendly to players. He concluded by saying that he was very glad that they would manage to launch Sporstbook in the lead of the European Championships.

The CEO OF Kambi group by the name Kristian Nylen was very pleased with kambi and Mr. Green in General. He said that he was very proud that through the empowerment of Kambi , Mr. Green was able to  launch Sportsbook  before the planned docket. Kristian concluded by saying that  Mr. Green will enjoy and profit in European Championships due to its spry integration potentiality. To add on that its customers will be happy as they’ll be offered individualized sports betting experience.

Read More

Nevada Could make $5B in 2016

Nevada Could make $5B in 2016

A report published by the Las Vegas Review journal states that the Nevada sports betting handle is estimated to reach over $5 billion dollars in 2016. This will be due to the record handle in March. The constant progress of Nevada sports betting has come at a time when legislators on Capitol Hill are starting to feel pressure as they prepare to amend the existing sports betting laws. A federal act put in place in 1992 restricts sports betting to very few states. Nevada is the only jurisdiction that allows the sports betting activity.

In March, the Sports Books in Nevada recorded an amount of $458 million in bets. This was after recording $363 million in total bets on February and around $450 million that was gambled in January. This was a previous record amount. In 2015, Nevada Sports books recorded $4.2 billion in wager amounts which was the greatest amount recorded for Silver State casino industry. This was the only time that the handle ever went further than $4 billion. 5.47% of the betting amount was won by Nevada and the $231.8 million in revenue was the greatest amount for the sports books. The sports betting locations had increased from 190 in the previous year to 196 in 2015.

In total the gaming revenue for Nevada was $11,114,081,000 where sports betting had 2.095 of the total gaming win. Research from the University of Nevada Las Vegas showed that was one of the greatest revenues ever made. The sports betting’s increase has come at a period in which sports win as a percentage of the cumulative Nevada casino industry is at the lowest level. Nevada gaming watchdogs and sports betting are looking for a way that gamblers can use their online betting accounts to some degree when they are outside of Silver State. This is in preparation for a possible future of authorized and controlled gambling countrywide.

Sports’ betting is becoming acceptable in many places and the NFL quest of taking his team to Las Vegas has led the NFL to recognize that their ant-gambling position is changing.

Read More

Horse Racing: Big Blow to Alberta as Northlands Track is Hosting its Last Season of Horse Racing

Horse Racing: Big Blow to Alberta as Northlands Track is Hosting its Last Season of Horse Racing

The 116 years old Edmonton’s Northlands Track in Alberta will close down after 2016 season of horse racing. We know of a number of eye catching fun places that goes to shatters because of a new investment plan and, well, the Northlands track is no different.

Vision 2020, as the redevelopment plan of Northlands track is known, will shut down the 64 hectares of the site on August 20, 2016 after the 87th running of a Canadian derby.

The Northlands Track is run by a non-profit organization and boasts of creating employment to over 7000 people in the province. Cathy Kiss, Northlands vice president said, “There is going to be change”.

Brian Bygrave, director of Horsemen’s Benevolent and Protective Association of Alberta said, “Without Northlands, racing in Alberta would look awfully bleak”.

This does not go without saying that the industry will have to look at new venues. Horse owners and clients are concerned whether to breed their mares or to cancel their investments respectively.

There is a Balzac track but it is not yet complete since it has facilities of thoroughbred horse racing. Thoroughbred horses cannot use similar tracks to those of standard bred since they need stable and different track surface.

The only option left will be that of using local casinos to bet in the off track betting system.

The fall down of more than a century old racing track will bring rise to a new investment that will also benefit the community around Northlands track.

Virginia Park to the south and Bellevue to the east will benefit from increased amenities and their property values will be tripled as well. Safe to say it also has its perks.

Tony Caterina, Northlands councillor and board member said, “The possibilities are endless”.

Read More

Recent Comments

    Always bet responsibly and never gamble what you cannot afford. Here at sports-bettingsites.com we support responsible gambling. If you think that problem gambling is affecting you and/or those close to you you might want to contact gamcare and if you want to gain greater gamble awareness you can visit gambleaware.co.uk for more information.