Massachusetts’ first casino is off to a “solid start” that Moody’s Investors Services says puts it on track to earn $210 million in its first year, about $10 million more than the state’s early projections.
New York’s Saratoga Casino and Raceway is doing its best to keep pace with the competition in its market and held a “topping out ceremony” this week recognizing the fact that its 108-room hotel project has reached its peak height.
Gaming Insider | All right… so the gaggle of optimists imagining New Jersey was a step or two away from legal sports betting as it awaited last week’s federal appeals court decision were wrong. Nice try but the state’s argument did not cut the mustard.
Gaming Yesterday | My positions with Jasper Speciale, Churchill Downs and the Stardust among others got my two kids quite a few perks. My daughter Elizabeth and her husband Mike were comped to the top floor of the Dunes, the presidential suite, on her wedding night.
As with any profit-making niche, iGaming is a business sector that seldom settles into a smooth groove and stays there. The amount that people spend on online gambling has increased year upon year without fail since figures were first calculated.
The Analyst | One of the most haunting questions around fantasy sports: Is wagering on fantasy sports an exercise of skill or an exercise of gambling, particularly in consideration of daily fantasy sports contests?