In New Jersey, a disproportionate percentage of the newly unemployed are from Atlantic County, which depends largely on the hospitality and tourism industries. Analysts predict a cruel summer should...
Will Sports Jumpstart the U.S. Recovery?
For Americans, cheering for sports is a rite of spring (and summer and fall), and its return would help restore a sense of normalcy to weary fans. GGB News...
PA Casinos Wait for State’s OK to Reopen
Pennsylvania casinos shut down in March. Since then, lost gaming revenues have exceeded $466 million. Whether May is a bust remains to be seen, as the Pennsylvania Gaming Control...
Atlantic City Looks to the Future, Grapples With the Present
Atlantic City’s casinos have furloughed thousands of workers due to the coronavirus, most with two weeks’ pay that’s already about to run out. Employees will be eligible for unemployment,...
Covid-19: The Financial Impact
They say it’s always darkest before the dawn. As the Covid-19 crisis drags on, casinos are in the trenches, employees are struggling to hold on, and everyone’s looking for...
AC Could Face Long Climb Back
Atlantic City casinos closed March 16. The date of their reopening is uncertain, as is the fate of employees and the desire of visitors to return. The longer the...
PGA, Action Network Launch GolfBet.com
The PGA Tour and the Action Network to have launched GolfBet.com, a betting content provider, making the golf tour the first professional organization in the country to profit from...
New York Won’t Win Until It Goes Mobile, Downstate
New Yorkers bet an estimated $837 million in New Jersey last year because New York City lacks retail casino sportsbooks and mobile betting options. Good for New Jersey. Not...
NBA All-Star Game’s New Format Fun for Fans
The new format for the NBA All-Star Game might be a novelty, but it proved entertaining, if not a big moneymaker for sportsbooks or bettors. Oh, and Team LeBron...
DraftKings Partners with Resurrected Football League
Vince McMahon’s XFL football league (l.) returned this year, almost 20 years after its first and only season in 2001. DraftKings is so confident the latest incarnation will succeed,...
Maryland Debates Sports Betting Bills
Maryland lawmakers face a decision on competing bills that would add sports betting in the state. One includes an online component; one doesn’t. One includes racetracks; one doesn’t. The...
Indiana Pacers Latest to Link up with DraftKings
The Indiana Pacers join the New York Knicks, New York Rangers and Madison Square Garden as partners with DraftKings sportsbooks. The partnerships help promote sports betting, thus increase fan...
Prop Bets Rule for Super Bowl
For bettors, the Super Bowl is the king of the hill. Along with win-loss wagers, gamblers can also take their pick of special wagers known as proposition bets, such...
On the Road to Sports Betting, MLB Is Taking it Slow
Sports betting offers Major League Baseball a host of in-play opportunities, the kind denied to other sports that aren’t as statistics-heavy. At a Las Vegas summit, MLB executive Kenny...
Will AC’s Upward Trend Come to an End?
Atlantic City has enjoyed the fruits of sports betting. Gaming revenues, bolstered by these wagers, have rolled along to reach $3 billion in 2019. But ominous signs could be...
South Lake Tahoe Poised for a Comeback
After years of gaming revenue decline due to tribal casinos in California, South Lake Tahoe readies itself for a rebirth. Renovations to Harveys Lake Tower (l.), the opening of...
Ocean Casino Hits Stride in November. How Goes AC?
Ocean Casino Resort (l.) in Atlantic City turned around its fortunes, at least in November, when it posted a 48 percent increase in overall revenue. But does its success...
Do iGaming Fines Reduce Problem Gambling?
The New Jersey Division of Gaming Enforcement (DGE) has levied a series of fines against a handful of iGaming companies. But to the Coalition to Stop Internet Gambling, it’s...
With Pro Sports Teams, AC Just Can’t Win
In the casino era, professional teams from all major sports tried to make a go of it in Atlantic City. The Surf. The Bullies. The Seagulls. And most recently,...
Racing Commission Sets Subsidies, Dates for New Jersey Tracks
Under the approved dates from the New Jersey Racing Commission, the Meadowlands (l.) received more thoroughbred races, while Monmouth Park received fewer. The changes will provide greater visibility to...