Ohio is getting closer and closer to their January 1, 2023 launch for online sports betting and operators are getting prepared. Caesars is leading the charge with the recent launch of their Caesars Sportsbook app allowing future bettors to pre-register and deposit their funds into accounts to be ready for launch day. There is also a special registration offer being provided for fans who pre-register for their app, adding another incentive for eager bettors. Caesars Digital President commented on the launch adding, “Ohio’s rich tradition of sports excellence speaks for itself. Caesars Sportsbook is ready to match the pedigree and passion of Ohio sports fans with a sports wagering experience that treats them like royalty.”

Nine months into 2022 and casinos in Nevada are already way ahead of lasts years revenue numbers. Analysts have stated that Nevada’s gaming industry is on track to not only beat, but shatter 2021’s $13.4 billion in revenue. The Las Vegas Strip is responsible for more than 55% of the total revenue reporting $693 million for September, over 8% higher than September 2021. A quote from Wells Fargo gaming analyst Daniel Politzer states, “For the third quarter, Strip gaming revenue was 1 percent up year-over-year and up 23 percent versus the third quarter of 2019.” The numbers are up but visitation is also up for Nevada as the state saw more than 3.35 million visitors, the third highest month this year. Sports betting in Nevada […]

The casino sportsbook operator, Betsson AB, is celebrating what they’re calling their “best ever quarter” after reporting their Q3 revenue of €200.3 million ($199.6 million). The revenue reported by Betsson was an 18% year-on-year rise for as well as an organic rise of 35%. Revenue in casinos saw a notable increase up 8% but Betsson saw the biggest increase in their sports betting as there was 45% growth at a sportsbook margin of 8.4%. A quote from Betsson’s CEO states, “We saw a continued positive development during the third quarter with high growth and profitability for the Group as a whole. Betsson reported new records for revenue and operating profit, driven by both sports betting and casino.”