Las Vegas - Nevada Running a sportsbook is fraught with all types of challenges. Getting the right point spreads and odds can be the difference between making or losing a million dollars in a single day. But other seemingly mundane information must be entered into the database so that operations run smoothly. 8 Days ago, Bellagio in Las Vegas posted ...
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Las Vegas - Nevada The Nevada Gaming Commission has removed the restrictions that only allow wagering deposits to be done with cash. Many in the industry see this as a first step to allowing fully mobile wagering platforms. Currently, a person has to register in person to open a sports betting account. And they have to deposit cash at a ...
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Its a sign of things moving in the right direction. Sportsbooks in Las Vegas and the State of Nevada reported moderate action on this past weekends sporting events. The weekend saw NASCAR action as well as UFC and PGA events. Although the handle nor the revenue were outstanding by any measure, the fact that bets were taken and profit was ...
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Las Vegas - Nevada - We have seen some industries take a terrible beating from the pandemic, some moreso than others. Arguably one of the most affected industries is the gambling industry and especially that of Las Vegas, which counts of travel, hotels and restaurants as well as casino/sportsbook profits to earn money. After a well publicized and desperate plea ...
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43 billion dollars - That is the amount of money that wasn't bet on sports since the coronavirus shut everything down. Restaurants, airlines, hotels and casinos/sportsbooks have felt it the most. In Colorado, they sports betting became legal in the meantime. Absent was the fanfare and celebration of inaugural sports betting opening days of the past. There was no Governor ...
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UFC 249 brings much needed action to the sports betting world. This Saturday, May 10th, the UFC will have their first action in almost two months. The UFC is making 1200 corona-virus tests available for these fights, seeking to protect fighters, staff and fans from getting infected. However this goes on Saturday, one thing is for sure - every other ...
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The NBA season was roaring along when the corona-virus outbreak caused it to come to screeching halt. The season only had about 1/6 of the regular season left to play when this occurred. Las Vegas has been equally shut down by the pandemic. The city is a ghost town and city officials are desperate to get things going again. One ...
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One year ago, things couldn't have been better for sportsbooks in the state of Nevada. They booked a record $596.7M in bets for the month of March. Flash forward one year and Las Vegas and the state of Nevada record their lowest handle (total $ in bets placed) numbers in decades. $141M was the final total for bets placed in ...
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MGM, which is short for Metro-Goldwyn-Mayer, is an entertainment company that has been around for a very long time. Most people's first exposure to MGM was from the movies they have financed over the years. But MGM has had a strong presence in Las Vegas as a betting venue as well. The company recently announced it is rebranding its mobile ...
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Betting handle is basically the total amount of money wagered in regards to sports betting. It is no surprise that Nevada, where sports betting has been legal for many decades, usually holds the handle record. A few months ago, New Jersey jumped ahead of Nevada in total handle during the "off months". But Nevada has secured its number one overall ...
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