Month: February 2022

Penn National Gaming released Thursday itsreport on financial results for the three months and year ended December 31, 2021. In Q4, revenues amounted to $1.6 billion, an increase of $545.1 million in a year-over-year comparison; and $231.3 million compared to 2019. This result was above Wall Street forecasts. The gambling operator re-initiated full-year guidance, with
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Gaming and sports betting tech company Elys Game Technology announced on Wednesday that Grand Central Restaurant and Sportsbook in Washington D.C. has been granted approval from the DC Office of Lottery and Gaming to expand its sports betting operations. The Regulation and Oversight Division has given Elys and Grand Central permission to increase the number
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This week’s gambling news finds amazing records for mobile sports betting in New York, even with an insane tax rate. Not to be outdone, Hawaii is now considering sports betting with an even higher tax rate! And in case you missed it, more sports betting has launched in Louisiana! [embedded content] Welcome my friends to
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Despite the pandemic and travel restrictions, Nevada casinos managed to set an all-time high for revenue in 2021. Gambling in the state topped $13.4 billion, as reported by the Gaming Control Board. December was the 10th consecutive month that Nevada managed to bring on over $1 billion, and that’s a separate record all by itself.
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It’s only been a few weeks since New York mobile sportsbooks launched, and as one of the largest potential gambling markets in America, there’s lots of money to be made… and that’s exactly what state politicians were hoping for. Now, in just a few weeks of operation, the New York market is living up to expectations
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