by Daniel Borjas | Jan 4, 2021 10:16 am | Sports Betting
Entain Plc will remain independent from MGM Resorts. MGM’s offer to take over Entain Plc was valued at $11.1 billion. Entain Plc claims that the amount offered to them undervalued the company. LAS VEGAS – Entain Plc has formally dismissed an $11.1 billion takeover...
by Giovanni Shorter | Dec 30, 2020 12:11 pm | Revenue
Sports betting handle in Nevada exploded for $609.5 million in November. Nevada sportsbooks collected a record $61.8 million in revenue. The state saw $4.2 million in tax revenue. CARSON CITY, Nev. – Nevada has continued to see major success in the sports betting...
by Christina Monroe | Nov 27, 2020 10:32 am | Sports Betting
Famous sports bettor, Lem Banker, has died at the age of 93 in Las Vegas. Banker has been a mainstay in the sports betting world since the 1950s, making a real name for himself beginning in the 1970s. LAS VEGAS – Lester “Lem” Banker, a legend in the sports betting...
by Christina Monroe | Nov 25, 2020 3:15 pm | Revenue
Nevada had a record-breaking month in sports betting handle for the state with $660 million in wagers. They lagged 18% behind the national record for handle of $803 million that is held by New Jersey. LAS VEGAS – Nevada posted their October sports betting numbers, and...
by Adia Randall | Nov 10, 2020 11:04 am | Sports Betting
The comeback win by the Steelers on Sunday was the safe bet on a seven-game parlay that ended up cashing out almost $500,000. The risky bets on the parlay were beating on the four-touchdown underdog Maryland and the 17-point underdog Liberty who both pulled off the...
