New Jersey became the first state to allow sportsbooks to accept betting on the Oscars this month. "We believe a new audience may be fans of the Oscars and want to make their viewing experience even more exciting by placing a bet on their favorite movie," Rush Street Interactive's Mattias Stetz says.
Galaxy Entertainment Group will offer a pay raise for eligible staff members in Macau. The company will increase monthly salaries between 2.5% and 7.5%.
Some analysts believe a strong Lunar New Year showing in Macau signals a rebound for the region. It's predicted mass-market revenue increased up to 3%, and VIP revenue recovered from a slump with an increase of nearly 10%.
The future of online gaming will likely see a continued shift by users to mobile platforms and more integration of live, social interaction opportunities. A growing number of these platforms will accept cryptocurrency and offer augmented- and virtual-reality features, Chris Smith writes.
Washington legislators may approve sports betting in the state. A House bill would allow tribal casinos to host sports betting and online sports betting.
Proposition betting and wagering at sports venues would increase enjoyment of the events and sports betting revenues, a Las Vegas panel speculated. States will always differ on how to manage sports betting, so they should oversee it instead of the federal government, panel members agreed.
CEO Bob Iger says The Walt Disney Co. will not become a player in the gaming industry, except to cover sports betting on ESPN. The channel is owned by Disney and has significantly increased its coverage of sports betting since the US Supreme Court allowed states to legalize the activity last spring.