Tag: Sports betting

Maryland Casinos Break New Revenue Records in 2018

gaming-revenue
January 8, 2019

Maryland’s six casino operators closed out 2018 with rather modest gaming revenue gains even though Horseshoe Casino Baltimore’s ongoing decline showed no signs of subsiding – only Horseshoe Casino saw revenue decline, which in this case was a 7.2 percent drop. According to figures released on Monday by the Maryland Lottery and Gaming Agency, statewide casino gaming revenue hit the $148.8 million mark in December 2018, a 5.2 percent increase over the same month in the previous years and an improvement of $8.4 million over what was recorded in November 2018. The Specifics Casino gaming revenue by itself contributed to… Read More

F1 Strikes $100M Betting Sponsorship Deal

September 18, 2018

Gambling sponsorships are becoming increasingly popular across the world of sports, and F1 is jumping on the bandwagon. Recently, it has been announced that Liberty Media has signed a deal with Interregional Sports Group for global rights to gambling sponsorships in F1. According to Sean Bratches, the F1’s managing director of commercial operations, the decision is a “fan centric” move. Nowadays, players have become accustomed to sports sponsorships – particularly in European sports like football. Now that sports betting is legal in America, we are seeing many leagues jumping on the bandwagon, such as the NBA and NFL. The F1… Read More

Dallas Cowboys Sign Casino Deal

September 11, 2018

The NFL has is known for its strict anti-gambling stance, but the league is quickly changing its tune. Just days after announcing its newly relaxed rules regarding gambling advertising, the Dallas Cowboys have become the first time in the league to sign enter into a deal with a casino. Teaming Up with WinStar The Dallas Cowboys have announced that WinStar World Casino will be the team’s new corporate sponsor. It is a historic deal, as never before has an NFL formed a partnership with a casino. While specifics about the deal have yet to be reveal, it may include shirt… Read More

NFL Bends on Gambling Advertisement Ban

September 4, 2018

Sports betting is finally making its way to America, and it is going to have some far-reaching effects that extend beyond the gambling industry. Big changes are afoot, one of the biggest that we’ve seen is the NFL preparing to break its ban on gambling advertisements. Casino Operators Can Now Advertise The NFL has recently announced that casinos will be able to show advertisements during its matches during the 2018/2019 season. This will also allow gaming operators to sponsor teams. The decision comes after franchise owners pushed for a loosening of regulations that would allow them to earn more from… Read More