Tag: New Jersey

Four Online Sports Gambling Startups to Watch in 2021

Four Online Sports Gambling Startups to Watch in 2021

The online gambling world took away a lot of lessons last year. Big mergers happened in 2020 and will continue to happen this year as corporations keep pushing for monolithic hegemony. In the US, states will continue to regulate and open for business to become the next New Jersey, Pennsylvania, […]

New Jersey Shatters Online Gambling Records in October, Nevada Lags Behind

New Jersey Shatters Online Gambling Records in October, Nevada Lags Behind

New Jersey’s online sports gambling totals went berserk in October, and officials say a billion-dollar handle month is possible by year’s end. Remarkably, officials also reported that online gambling is coming close to making up for all brick-and-mortar losses sustained during the COVID-19 pandemic. “Casino win was 92% of last […]

New Jersey Seeks To Loosen Restrictions on College Sports Betting

New Jersey Seeks To Loosen Restrictions on College Sports Betting

In hopes of continuing its run as the nation’s epicenter for online sports gambling, New Jersey lawmakers introduced a bill Monday that would remove restrictions on collegiate sports betting. The measure would eliminate a restriction that prohibits wagering on college sporting events taking place in the state, within state limits, […]

Currently, North American horseplayers bet using the pari-mutuel system, which pays out based on money wagered in a common pool. New Jersey may be the first US state allowing fixed-odds wagering on horse races. (Image: Ryan Denver/Equi-Photo)

New Jersey Moves One Step Closer to Fixed-Odds Horseracing Wagering

A bill expanding and legalizing fixed-odds wagering on New Jersey horse races emerged from committees in that state’s senate – a little more than a week after being introduced in New Jersey’s state legislature. The bill, allowing permanent fixed odds on races, enjoys bipartisan support in the state legislature. The […]

Former ESPN media technology leader is making the jump into the gambling industry by signing on with BeetMGM. (Image: ESPN)

BetMGM Signals Shift to Content and Social with Key ESPN Hire

In a move that portends an emergence as a content and social media juggernaut, BetMGM Tuesday hired Ryan Spoon, ESPN’s senior vice president of digital and social content. Spoon will depart ESPN’s Bristol headquarters to step in as chief operating officer at BetMGM, the New Jersey-based sports gambling venture owned […]