Weekly News Video: The Gambling Update, Episode 8

US Bets Managing Editor Eric Raskin breaks down the week in U.S. online gambling and sports betting in The Gambling Update.

  • Oh May 14th we celebrated the first anniversary of the Supreme Court decision to strike down PASPA, the law limiting sports betting mostly to Nevada. Since, seven new states have begun taking legal sports bets and six states (plus DC) have put laws in place.
  • Caesars teams up with ESPN to provide sports betting odds for the sports media giant. Caesars’ Linq Casino will also host a new ESPN branded studio on the Vegas strip.
  • April sports betting revenue reports came rolling in, and it’s abundantly clear that mobile is king. NJ took in $313.7 mm in handle, $254 mm of which came from online and mobile bets. PA, which doesn’t yet have mobile betting took in just $36.8 mm. Casinos there should be launching mobile betting imminently, however.

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