Michigan
Many States Report 2021 To Be Record-Breaking Gambling Year
Michigan generated $1 billion in its first year of online gambling. Pennsylvania set a record of $1.1 billion in revenue in 2021. Biloxi casinos saw $1.6 billion in revenue as well. Ohio totaled $2.31 billion in gambling revenue. DETROIT – Multiple states have reported record-setting numbers in revenue from online gambling in 2021. Michigan Brings … Read more
New Jersey, Michigan See Live Casino Launch Via Playtech
Playtech launched live casino gaming in both New Jersey and Michigan. Parx Interactive and Bet365 worked with Playtech to launch live casino gaming in their respective states. LAS VEGAS – Both New Jersey and Michigan received access to Live Casino facilities via simultaneous rollout from Playtech PLC. The Michigan Gaming Control Board and the New … Read more
Online Sportsbooks Dominating Their Land-Based Counterparts
Sports betting was permitted in the United States by the repeal of PASPA in 2018. Since then, it has grown from a $310 million per month market to a one that is $7 billion per month. 84% of sports bets are placed via mobile platforms as of October 2021. LAS VEGAS – The effect of … Read more
Michigan Sports Betting Hits Half Billion For First Time
Michigan residents wagered over $500 million in November, the most bets in a single month for the state. Sportsbooks in Michigan generated more than $58.4 million worth of revenue in November. Over 94% of the entire sports betting handle came from online sports betting. LANSING, Mich. – November was a record-breaking month for Michigan sportsbooks, … Read more
Commercial Gaming Revenues Smashing Records Nationwide
The United States’ commercial gaming industry has shattered previously-held nationwide commercial gaming revenue records in just the first 10 months of 2021. Six states have already surpassed their previous yearly commercial gaming revenue records through the month of October. WASHINGTON – The United States’ commercial gaming industry is enjoying its strongest year ever from a … Read more
$1.15 Million Lottery Jackpot Won In Detroit Mini Mart
The Lotto 47 jackpot has been won in Michigan, paying out $1.15 million to the winner. This is the second time in only a few weeks that the Lotto 47 jackpot has hit. Michigan offers online gameplay for draw games, including Lotto 47. DETROIT – The winning ticket to a $1.15 million lottery jackpot was … Read more
Crowded Sportsbook Market Hits PointsBet’s Cash Flow Report
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
Online Gambling Hits $1.5 Billion In Top Three Markets In 2021
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
Bill Hornbuckle Of MGM Endorses Online Casinos In Nevada
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