Sports Wagering and Business This Week

This will keep you current with the industry. These post will include trends about the sports betting market and information about what state is planning to offer it next. This will be a winning situation for a sophisticated operator and his constituents. 

The Bet on Sports America was held last week in New York /New Jersey at the Meadowland Exposition Center. This conference was devoted to sports betting. The attendees at the event included the major professional sports leagues, the top gaming companies and casinos from all over the world. The seminars covered the how to of sports betting operations and the innovations that will separate the mediocre sports books from the exceptional ones.

Some of the platform providers that received accolades included Kambi, PointsBet and Sportradar.

Governor Christie and Mary Stone from Sportsradar

Two organizations that are synonymous with wagering had booths on the exposition floor. The two were The SuperBook and Covers. There was a Hall of Fame Induction for the renowned Spork Book Operator Art Manteris and Former New Jersey Governor Chris Christie.

Ted Leonsis, owner of the Washington Capitals and Wizards was announced as a keynote speaker for the East Coast Gaming Conference in June. Rush Street Interactive was named Mobile Operator of the Year in North America with it's win of the EGR award.

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Sports and Business Wagering This Week

If you are looking for the latest in Sports and Business Wagering, you are at the right place. We plan to give you all of the trends and breaking developments that occurred. You will stay current on the hot topics that involve the operators and the people that like to bet on sports. Any state that is proposing Sports Betting will be highlighted. 

The NFL announced that it is partnering with Caesars Entertainment. Caesars will become the official casino that will have rights to NFL trademarks in the United States and the United Kingdom.  The trademarks can not be used in a Caesars Sports Book. The partnership is for casino gaming only.

The big bet of the week was made at Ocean Resort Casino in Atlantic City. Someone put down 300,000 on the Ravens during Wild Card Weekend. That bet was a loser! Four days later ,it was reported that Ocean is looking for a buyer less than a year after a grand opening. Sport Betting alone is not the cure all for a gaming operator. 

In Philly, the opening of the South Philadelphia Turf Club that is owned by Parx Casino, will increase the handle in Pennsylvania. The location is less than a mile from the sports stadium complex that serves as homes for the Phillies. Eagles, Flyers and Sixers. 

Two major players to watch in the casino industry are Kambi and Tangam.  Kambi provides the software and platform for sports betting at Rivers Casino in Pittsburgh, SugarHouse Casino in Philadelphia and the aforementioned Parx. Tangam provides data analysis that help make effective decisions for the casino floor. This information is critical and provides revenue generating suggestions in real time.

                                                  Enjoy the NFL games this weekend!