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Nevada sportsbooks post big September profits

10.28.2014     02:30 PM     Printer Friendly
SportsMemo.com blog entry.
Reportedly their third greatest month ever with $37 million in profits.


"More and more people are tearing down the belief that betting on sports is a bad thing and realizing that the entertainment value is through the roof," Vaccaro, now with the sports book at the South Point casino, said. "We have 15 windows open from 9 o'clock to 10 o'clock in the morning on Sundays, and the lines are 25 deep. Guys who have been long-time customers are coming up to me and asking about signing up for the phone app, because they're afraid they're going to get shut out. I think that's a big, big reason why you're seeing more ticket transactions. And it's not going to slow down anytime soon."






Tags: College Football NFL Las Vegas




MGM wants to offer on-site sports betting tablets

10.13.2014     11:48 AM     Printer Friendly
SportsMemo.com blog entry.
MGM Resorts are looking into offering interactive betting tablets for patrons of their sportsbooks. It needs to approved by the Nevada Gaming Commission but the target date is the start of the 2015 football season.


“As we thought about that and started trying to grab them by the hair and yank them into the casino, we thought we’d go where they’re at. And where they’re at is mobile phones and sports books, lounges, nightclubs,” Mikulich said. “We thought we’d put some of these devices in those areas to try and engage with them and see what they actually like to do.”






Tags: Las Vegas




Boyd Gaming offers sports betting app

09.26.2014     07:05 AM     Printer Friendly
Looks like Las Vegas' Boyd Gaming has joined the world of mobile sports betting. You can sign up at The Orleans, Gold Coast, Suncoast, Sam's Town, Fremont and California sportsbooks.


"This new app, designed with speed and unparalleled ease of use in mind, combines the experience of our proven international mobile gaming partners and a large amount of customer testing feedback to provide the newest mobile betting experience in the market today - one that is quick, easy to use and convenient," said Bob Scucci, Boyd Gaming's director of race and sports books.






Tags: Las Vegas




Mayweather no longer a big draw at betting window

09.15.2014     12:47 PM     Printer Friendly
SportsMemo.com blog entry.
Despite a lifetime undefeated mark of 47-0, Las Vegas bettors aren't really into betting Floyd Mayweather these days.


"We took a couple big bets on Floyd, but not as many as in the past," said John Avello, executive director of the Wynn Race and Sports Book. Rood said the MGM took a couple of six-figure bets on Mayweather, but not nearly as many as in previous fights.

"Floyd's not the most popular guy," Bogdanovich added. "His fights aren't really exciting. People are tired of it."









Tags: Floyd Mayweather Las Vegas




NFL Gambling News: Vegas sportsbooks make out like bandits in Week 1

09.10.2014     07:47 AM     Printer Friendly
SportsMemo.com blog entry.
Big opening week in the NFL for Las Vegas sportsbooks as multiple "ugly" underdogs cashed tickets.


“This was the best opening day we’ve ever had here,” said Golden Nugget sports book director Tony Miller. “Just about every game we needed came through for us beginning with our biggest, the Falcons, and then the rest just followed suit like the Browns, Dolphins and then the Panthers. It wasn’t a good day for those that bet parlays on the afternoon.”

“There was so much public money on Denver and even when I raised it higher than the market number, I was still getting action on them with limit straight bets and parlays,’ said Miller. “They couldn’t get enough of Denver.”









Tags: NFL Las Vegas




Plenty of football handicapping contests to choose from

09.03.2014     05:58 AM     Printer Friendly
SportsMemo.com blog entry.
Anthony Curtis gives us the scoop on some of this year's Las Vegas football contests.




Tags: NFL College Football Las Vegas




Nevada sportsbooks seek to get rid of federal tax

08.27.2014     08:42 AM     Printer Friendly
SportsMemo.com blog entry.
Ever wonder where exactly your tax dollars are going? Nevada's sportsbooks raised their hands on that one got a pretty interesting response. The IRS had no freakin' clue. Rep. Dina Titus is wanting to get rid of the tax and keep the money within the state.


“The IRS didn’t even know it existed,” Titus said. “The money just went into some black hole in the general fund. […] It can be reinvested into Nevada’s economy. Gaming is our lifeblood, and this is a drop in the bucket to Washington.”






Tags: Las Vegas




NHL is reportedly headed to Las Vegas

08.27.2014     06:13 AM     Printer Friendly
SportsMemo.com blog entry.
The NHL in Las Vegas? The NHL in Las Vegas! Reports are saying a team in Sin City is a "done deal" as the league looks to expands in the not-so-distant future. The Las Vegas Coolers, Blackjacks, and Dice were some of the team names Twitter came up with last night. We’ll go ahead and tell you right now that the nickname won’t have anything to do with gambling -- even though all three of those are pretty cool. Bank on something that relates to the desert, Area 51, the heat, or cowboys.


Sources close to the situation have indicated Las Vegas is a done deal, the only thing to be determined being which owner will be entitled to proclaim that he brought the first major league sports franchise to Sin City.






Tags: NHL Las Vegas




CG Technology upgrades sports betting app

08.14.2014     06:32 AM     Printer Friendly
CG Technology (Cantor Gaming) recently upgraded is sports betting app. The new version will allow users to place future, prop, and parlay bets.




Tags: Las Vegas




Online gambling needs interest from more states

08.08.2014     06:34 AM     Printer Friendly
SportsMemo.com blog entry.
By now you've heard of the ridiculous Restoration of America's Wire Act in which old goof Sheldon Adelson and his political minions are trying to completely shut down online gambling. That includes the states that just made it legal like Nevada and New Jersey. It's not like $290,000 is a lot of money to Adelson, but despite the fact that there is practically zero chance the Wire Act will be passed, that is how much money was thrown into the anti-online gambling cause during the second quarter. But even though Adelson's attempt to shut down everything will fall short, his efforts are certainly hampering those try to expand online gambling. One gambling analyst noted that in order for online gambling to go national, more states need to show serious interest.


“If more and more states would enact online gaming at the state level, I think at some point there would be more interest for a federal bill,” he said.

“The FBI has warned it will open the door to money laundering and other criminal activity,”

Read more



Tags: Las Vegas



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