Gaming payment providers in Nevada had something to celebrate on December 19, when the Nevada Gaming Commission approved the amendments to Regulation 5.225, ending more than a year of discussions and allowing wagering account expansion. Previously, funds deposited into a betting account could only be used for that purpose. The amendments have been approved, so […]
In this gambling news report, we examined how the decline in slot activity affected Nevada gambling revenue. In addition, we looked at the growth of retail sports betting in Mississippi. According to the Nevada Gaming Control Board, mobile sports wagering in the state increased 12 percent year over year. In August, baseball brought in $9.7 […]
A Nevada Lottery bill proposed the establishment of a state lottery. However, casino operators opposed the idea because it could eat into their revenue stream. In addition, lottery operators from California are afraid the new lottery would attract bettors away from them. Truckee Gaming is a licensed retailer of the California Lottery. It sells tickets […]
Nevada sportsbook operators reported they handled $1.1 billion in wagers in October. It was the first time that the state’s sports betting industry got over $1 billion in bets for a month. Nevada achieved its previous record of $786 in September. According to sportsbook pay per head reports, the $1.1 billion handle increased 66.8 percent […]