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Category Archives: Online Casino

Michigan: online sportsbooks push the state’s numbers past $2 billion for the year – Yogonet International

Posted: September 20, 2021 at 9:18 am

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ccording to PlayMichigan's report, the state's online sportsbook took in $192.3 million in August, up 2.3% from $188 million in July, according to the data released Thursday by the Michigan Gaming Control Board. The states online and retail sportsbooks accounted for $208.6 million in wagering, with $16.3 million in retail wagering in August.

Gross gaming revenue from online betting fell 18.8% to $15.9 million from $19.6 million in July. With retail revenue included, the state's sportsbooks combined to win $17.5 million for the month, a drop of 15.6% from July. Taxable revenue from online bets landed at $9.2 million, which generated $757,405 in state and local taxes.

The increase in sports betting volume was enough to push past $2 billion in online and retail wagering all-time, and for the year. Michigan sportsbooks have tallied:

DraftKings took the online market lead with $61.4 million in wagers. Gross gaming revenue rose to $4.4 million. FanDuel fell in second place in the state with $47.7 million in wagers. The bets in August produced a market-best $4.8 million in gross sports betting revenue.

Gross gaming revenue at Michigan's online casinos and poker rooms rose to a record $97.2 million in August, up 5.3% from $92.3 million in July. That total yielded $17.9 million in state taxes and $6.9 million in local taxes.

August marked the first full month of live dealer online casino games, which launched in late July, helping to boost revenue. Since launching in January, online casinos and poker rooms have generated $672.6 million in revenue and $166.6 million in state and local taxes.

BetMGM/MGM Grand Detroit topped the online casino and poker market with $39.7 million in gross gaming revenue, which yielded $10.5 million in state and local taxes.

Eric Ramsey, analyst for the PlayUSA.com network which includes PlayMichigan.com, explained: "August marks the beginning of the most important stretch of the year for sportsbooks. It only takes a few college games, the NFL's preseason and futures bets to show the importance of football to the industry. But the small number of games in August is merely a precursor for the next four months."

Matt Schoch, lead analyst for PlayMichigan, added: "The hot start after launching online betting in January was the key in hitting $2 billion in wagering this soon, but it is remarkable growth, no matter how you view it. Tax revenue has been somewhat underwhelming so far. As the market continues to mature, and promotional spends begin to slow, hopefully tax revenue improves."

Schoch continued: "Football is not only the main draw for most existing bettors, it is also the primary vehicle for each sportsbook to grow its customer base. The promotional offerings and seemingly wall-to-wall advertising that we've already seen shows how aggressive Michigan's operators are and will continue to be over the next couple months."

"Michigan's online casinos continue to grow, and with live dealer games now in the fold, there is no reason to believe that will end soon. For all the interest in sports betting, it is the state's online casinos that have proven to be the bigger benefit to the state, dwarfing sports betting in tax revenue, Ramsey concluded.

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Win $777 Every Week at PlayCroco Online Casino and Enjoy Playing the Best Online Pokies in Australia – Business Wire

Posted: at 9:18 am

SYDNEY--(BUSINESS WIRE)--Do you want to be in with the chance of winning $777 every week simply by playing your favourite online pokies? Of course you do, which is why you need to head straight to PlayCroco, Australias best online casino.

The PlayCroco weekly Lucky Loco Draw works as follows. Simply deposit $250 between Tuesday and the following Monday to qualify you dont even have to sign up as the casino manager, Bruce Fern, adds qualifying players to the draw automatically.

The Raffle is drawn every Tuesday with a massive grand prize of $777 as well as plenty of other cash bonuses in the pot. If you have a winning ticket, you will receive an email with a special coupon code for you to claim your prize. How awesome is that?

Bruce Fern, Casino Manager at PlayCroco, said: PlayCroco has earned a reputation for delivering some of the biggest promotions and prizes in Australia and our $777 Lucky Loco Draw is one of our craziest ever. Remember, the Raffle runs every week so there is plenty of chance to win.

All you need to do is make the qualifying deposit, enjoy playing some of the best online pokies in Australia and then check your email inbox on Tuesday to see if you are the grand prize winner. If not, you might still win one of the many cash prizes up for grabs.

Of course, the PlayCroco madness does not stop there. The casino is currently running a series of online pokie tournaments - some are freeroll and others offer top prizes of $1,000 or more. Yikes!

If you are new to PlayCroco then you can take advantage of an insane welcome offer consisting of a 200% deposit match up to $5,000 with the code PLAYCROCO plus a $50 free bonus that can be claimed after the deposit bonus with the code PLAYCOOL.

We also know how to look after our happy snappers with a range of incredible real-money promotions. This includes Daily Free Spins, new online pokies every month, a $100 free bonus every Friday and many more exciting deals to unlock.

From the moment you log in and deposit, youre eligible for the PlayCroco loyalty scheme. Players can rise through the ranks from BabyCroco to RoyalCroco level, via JuniorCroco and SuperCroco, picking up additional perks along the way.

Benefits include cashback rising from 25% to 40%, increasing weekly withdrawal limits, daily bonuses and free spins, along with a dedicated VIP Host when you reach the PlayCroco peak.

Theres also a whole host of banking options; players can deposit and withdraw using a variety of methods with Visa, Mastercard, Neosurf, POLi, PayID, Bitcoin eZeeWallet and Bitcoin all available along with the most recent addition, CashtoCode.

And if you need a hand with anything, the PlayCroco customer support team is on hand 24/7 to provide you with expert assistance.

If you dont believe us when we say that PlayCroco offers the best online casino experience in Australia, then make sure to check out some of the reviews left by our happy snappy players.

ENDS

Editors notes:

About PlayCroco:

PlayCroco is an online casino for Australian pokie lovers. With hundreds of pokies, generous offers and promos and a wide range of payment methods, PlayCroco is all about having fun and winning big. A level-up loyalty schemes also see players unlock incredible perks with each level they clear.

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Win $777 Every Week at PlayCroco Online Casino and Enjoy Playing the Best Online Pokies in Australia - Business Wire

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5 Ways to Identify the Best Pennsylvania Casino Sites – GineersNow

Posted: at 9:18 am

5 Ways to Identify the Best Pennsylvania Casino Sites

Since Pennsylvania launched its first state-regulated online casino in July 2019, several online casinos have begun operating. Pennsylvanians now have a broader selection of platforms to play their favorite games, like blackjack, roulette, and slots.

But with numerous online casinos now in operation, you need to ensure you are playing games at the best ones. To make things easier for you, follow these five ways of identifying the best online casino sites in Pennsylvania.

There is a great list of the best PA online casinos from roulettesites.org that you should check out in order to familiarize yourself with the various casino sites available in Pennsylvania and how they compare based on what you are looking for.

One of the most important things for online casino players is ensuring platforms are completely safe. The casinos listed in the above link are all licensed and regulated by the Pennsylvania Gaming Control Board.

Whenever you visit an online casino, make sure it has the boards logo. That way, you can be assured that it is safe to use. You can also view a full list of licensed online casino operators in the state on the Pennsylvania Gambling Control Boards website.

Some people enjoy playing slot games while others prefer playing poker. Some players like to mix it up. Whatever your tastes are, you need to ensure the online casino you use has a variety of games that cater to your needs.

Roulette is available at most Pennsylvanian casino sites but the two best online casinos for roulette are arguably Unibet and BetRivers. In fact, those two are the best sites for playing blackjack too. BetRivers is the best online casino in Pennsylvania for slot games.

Whether you are looking for video slots or traditional slot games, there is an abundance of choices at BetRivers. Meanwhile, if you enjoy playing high-rolling games, Unibet is your best bet. Unibet also has plenty of games available for low rollers as well.

Most Pennsylvanian online casinos offer new players exclusive welcome bonuses, so compare the welcome bonuses of different casinos to find the best deals. Typically, welcome bonuses are worth 100% of your first deposit, up to a designated limit.

In addition to welcome bonuses, many online casinos in Pennsylvania offer promotions throughout the year as well as exclusive bonus codes for regular players. Compare different online casinos to find out what promotions they offer and what the time limits are for using things like promotion codes. You will then be much better positioned to discern which casinos are providing the best deals.

There are numerous payment methods available across all Pennsylvania online casinos, but each site has its own accepted forms of payment, so you need to make sure that the payment method you want to use is acceptable before you join the casino. Options include credit and debit cards, third-party payment platforms like PayPal, bank transfers, and e-wallets.

In addition to making sure the casino accepts your preferred payment method, ensure the casino operator holds a valid SSL certificate, which indicates transactions are encrypted and therefore completely safe.

Many Pennsylvanians like to play casino games on their phones and other mobile devices because it means they can play games anywhere and anytime they like. If you are planning on playing online casino games on your smartphone, you need to make sure your chosen operator provides a mobile app.

With todays modern technology, the quality of the games you play is not compromised at all when you use a mobile device. Most games available at Pennsylvania online casino apps are specifically made to be mobile-friendly, such as fitting the smaller screen on a smartphone.

Even many old casino game titles are now mobile compatible, so you will find games old and new that you can play while on the go. If you plan to play casino games on your phone, make sure you compare the different Pennsylvania online casino sites to find the best ones.

Identifying the best Pennsylvania online casino sites is largely about first identifying your own tastes and needs. You should always check that a casino is licensed and regulated, but beyond that, you should look for a casino that provides the best games, promotions, payment methods, and mobile options that suit you.

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Feeling Lucky? Here Are The Top Rated Online Casino Games In 2021 – Inspired Traveler

Posted: at 9:18 am

The first casino game entered the world as the craps we know today. Its the oldest known casino game out there, dating back to the 12th century. The first casino opened in 1636 known back then in Italy as a Ridotto and the journey to online casinos began. Online casinos have transformed the way people gamble, making it more accessible than ever to go to the casino without going to the casino and have access to the same games.

There are so many casino-style games to play online if youre feeling lucky, below youll find three of the best games to play online.

Online slots are the fastest-growing sector of online casinos. There are now thousands of websites worldwide dedicated to hosting an array of slot games. There are no complicated rules, risky decisions, or a ton of money to lose. Thats the beauty of online slot games. Youll find hundreds of themed slot games, most of them based on films, TV shows, and sports. Online slots have grown insanely popular over the years because of the high return to player (RTP) something keen gamblers look out for when choosing their slot game.

The higher the RTP, the more money youll make. Some slot games will have a 90% and above RTP. To understand that, lets imagine youre playing an online slot game with a 90% RTP. If you spend $1 and win, you can expect a return of $90.

RTP is not the only appeal for online slots. Theyre easy to access, theres a small deposit requirement, and theyre fun to play. The rules are always simple and explained well, and the simplicity makes it easier to play time and time again. It is much more frustrating to play a game if youre constantly losing and dont understand the rules.

Baccarat is an old-school casino game that is more popular now thanks to the rise of online casinos than it has ever been. They created baccarat in the 1400s in Italy and soon became one of the most popular games of its time. When it first originated, and for long after that, baccarat was the game of choice for many royal dignitaries around the world. You could say it is one of the classier casino games, thanks to its history.

Whats the aim of the game? First, all betting on any hand has to finish before the hand begins. Two cards are dealt to each of the two hands, known as the player and bank hand. Players then have to predict which of those hands will accumulate a total closest to 9 betting on either the bank hand or the player hand.

Nearly every online casino has some form of baccarat, but the most fun is live versions of the game. Live games put you against players from around the world, betting real money that makes you feel youre in a casino. Still, computer-simulated baccarat games are just as fun. Baccarat always appears on the list of top casino games, so it definitely is worth a go.

Poker has and always will be one of the most popular online casino games. Video poker has revolutionized the way people worldwide play the game allowing people to feel as though theyre playing a live game without having to find a group of people to do it with. Poker is very much a game to be played with a group of people but again, computer-simulated games work just as well.

The history of poker is traced back to a 10th-century domino-card game; played by a Chinese emperor. It quickly became the most famous and popular poker game and the most glamourised. Many people associate poker with James Bond or underground Mafia poker nights. Theres just something so classy about it.

Is it easy to play? Not exactly, but once you know what youre doing, youll clear out the table in no time. Texas hold em is the most popular style of poker game, although there are now multiple versions that make the game seem more complicated than it is.

The way to play the game and the various rules are lengthy, so you might find it easier to watch this YouTube tutorial instead. Every single online casino platform will have some form of poker, typically always Texas hold em. Whether youre playing live or against a computer, theres typically good money to be won playing poker.

Online casino games have made it easier than ever to go to the casino while being at home, in the car, on the train, or wherever it is youre going. Whether playing for money or playing for free, online casinos are a great way to pass an hour or two of your time. Check out some of the big online casinos for welcome bonuses and enticing incentives.

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Online Gaming With Progressive Jackpots And Secured Payment Options; All You Need To Know – – Woman’s Era

Posted: at 9:18 am

If youre looking for a safe online casino site, dont wait, go for play Amo casino online. Why is PlayAmo different from regular casino sites? The answer is it has a team of experienced casino players and enthusiasts with vast experience in both playing at and running online casinos. It is a high-end casino with games provided by the simplest developers within the industry, support service always able to assist you in any situation, and in fact big wins and progressive jackpots are just a couple mouse-clicks away.

Progressive jackpots are amounts offered because the highest payouts for particular casino games that continue climbing until a player wins. They are available on a good range of games, but the foremost common ones are tied to fit machines. They tend to run from thousands of dollars all the high to many dollars.

Most progressive jackpot games require maximum wagers to giveaway for the jackpot amount. So, if you hit regardless of the required combination or hand is to win the progressive but havent wagered the right amount you wont win the progressive.

This would need to be one among absolutely the worst feelings within the world so confirm you both understand the minimum wagering requirements to be eligible for the progressive and are always betting at that level or higher once you play on a progressive game.

PlayAmo is a web platform which offers unique features to its customers. They handle customers of different online casinos for a lot of years and have a perfect understanding of what the customer expects the most.

Everyone encounters the issues that trouble a lot of gamers worldwide. The presence of exclusive features is often felt altogether aspects of the web site from a huge selection of online casino games to innovative payment platforms. PlayAmo strive to establish an environment where every player will enjoy the gaming experience to its fullest.

Its features that makes it outstanding. Check them out here:

Once youve won, the primary thing you would like to try to is withdraw your winnings. No need to wait, withdraw and spend the money you won fair and square. You can even deal in crypto currency. Dealing in this amazing crypto currency definitely has some advantages. In addition to full anonymity and security for all Bitcoin users, all of your payments are processed instantly. You can deposit and withdraw in just seconds.

We live during a digital world, where everything is developing very rapidly. Almost monthly, we encounter something new, a replacement discovery or invention. These changes apply to various industries. The same might be said about online casinos: theyre characterized by research and a drive for further innovation. There are tons of online casinos that claim to provide the best services. So, choose your gaming platform wisely!

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How Free Spins, Bonuses, and Promotions impact the casino industry Harrogate Informer – Harrogate Informer

Posted: at 9:18 am

The online casino world is growing at lightning speed attracting players from all around the globe daily. Its undoubtedly an exciting world, but this has not been the case from its earlier days.

Online casinos are rapidly growing, especially over the last year where people had find commodity in the digital environment. But even before that, the online casino industry had been a rider to the sky.

So why do people prefer online casinos over physical ones even now when restrictions are slowly getting removed? The answer is shockingly simple!

There are some online casinos that offer a vast variety offree spins no depositbonuses, promotions, and a significant number of free vouchers and upgrades, which let players get massive benefits out of playing casino games. It attracts players worldwide and allows them to win real money. So, lets look at the impact offree spins, no deposit,promotions, and bonuses on the online casino industry.

What are Free Spins?

Free spins no depositare the most popular offers online casino slot games offer. It is designed for new players and mostly comes along in the welcome package, which a new customer avails in most online casino sites.

Free spins stand for a chance where you can spin the reels of a slot game without having to pay for it. It is a virtual reward that makes your gaming journey more thrilling and enjoyable.

Free spin no depositpromotes casinos, but it also provides value to the user. On the other hand, it allows every customer to test a slot game in an online casino site for its truthfulness and to know if you like that game. The best part is, free spins do not take a deposit amount. They are absolutely free. A particular slot game can also include future bonuses, which may present you with free spins.

Numerous online slot games are offering free spins. For example, in winkslot.com, you can get up to 30 free spins without any deposit. Slot games like Starburst, Burning Star 3, Fluffy Favourites, Fishing Frenzy, Big Bass Bonanza, Eye of Horus, and many others offer you up to 30free spins with no deposit.

What are Bonuses and Promotions?

In online casino gaming sites, bonuses and promotions are the prevalent things. Various slot games offer their players outstanding bonuses, including welcome bonus, deposit and non-deposit bonus, cashback bonus, loyalty bonus, and a lot more. Similarly, they include promotions like upgrading players to a new level or providing them with added benefits.

Benefits of Free Spins, bonuses, and promotions

Free spins, no deposit,offers, bonuses, and promotions have become the main reason why players prefer online casino gaming more.

Involves Zero or less Deposit

The fundamental reason behind the popularity of free spins is that it does not require any deposit from players. So, you get a chance to spin reels for entirely free. All you need to do is register to play an online slot game and avail benefecial free spins. You get some excellent deposit bonuses after depositing a certain amount of money into the game.

Easy to Claim

The offers prevailing in online slot games are many, and they are usually effortless to claim.Free spin, no deposit,bonuses, and promotions are elementary to claim by anyone regardless if he is an expert gamer or just has started out. You need to simply create an account providing personal details to avail free spins and many other offers. You can avail bonus whenever you create an account, deposit an amount, or even win a level.

Chance to win real money

Most of the top online casinos offerfree spins, no deposit.This presents a chance in front of you of winning real money without actually depositing any from your pocket. On the flip side, online slot games offer cashback within terms and conditions, so you can receive additional benefits.

The impact of free spins, offers, bonuses, and promotions in the online casino industry

Lets take a couple seconds to think about the last time you got a free bonus or promotion in a casino? That never happened, right? Thats why the popularity of online gaming is increasing day by day.

The most significant impact offree spins, no deposit,various offers, bonuses, and promotions is that they all contributed hugely to making the industry of online casino gaming more prominent than ever!

People are getting attracted because of the fantastic free spins offers and bonuses online casinos offer. They are getting a chance to avail offers for free, and they can also win real money without having to pay for using it.

The offers, free spins, and bonuses are attracting more customers every day. Thats why online casino sites are constantly developing new ways to provide value to their customers to make them love the website. So the value of bonuses,free spins, no deposit,and promotions are getting higher.

Another significant impact of bonuses and free spins is that they made the online casino games more secured in customers eyes. Players get to know if that site is legit before depositing any amount for playing there. So, needless to say, the advent of bonuses, free spins, and several offers have an incredible impact on making online casinos more near and dear to us.

Wrapping Up

The online casino industry has become the biggest and the most lucrative industry in the world. So, the impact of bonuses,free spin, no deposit,and promotions are incredibly poignant. Consider this article as a guide if you want to know anything about the advantages of free spins and bonuses

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How Free Spins, Bonuses, and Promotions impact the casino industry Harrogate Informer - Harrogate Informer

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Ohio Gambling Law: What Casinos Are Legal to Play in Ohio – Ohionewstime.com

Posted: at 9:17 am

As some of you may know, US gambling laws are complicated. They are covered by federal law and therefore are not illegal. However, each state can apply specific and one of a kind laws regarding the matter.

Even if you find a licensed online casino, it might be illegal to play exactly on this website in a certain state. As US gambling laws are quite different, its best to find out what casino providers are allowed in your state and gamble there only. Various lists of online casinos for real money in US are available for players online, and you can scroll through and choose a reliable website that wont get you in trouble. Such lists usually include license information or at least casino providers as well.

Now we are going to take a deep look into the Ohio law and online gambling activity in this particular state.

Laws about betting in the US are the most complex there are. On the other side, players in Ohio are allowed to play at online casino sites that are not located on US soil. It is safe to play in this way as long as you are not a professional gambler. But, there are no rules that will define you as a professional player.

Telling you that playing roulette or gamble in general here wont be very accurate. The state has 4 real world casinos known as Hollywood Casino Columbus, Jack Cincinnati Casino, Jack Cleveland Casino, and also Hollywood Casino Toledo. Here you can play slots and also table games. These are all casinos based on Las Vegas style so you can imagine the overall appeal and the details. We can see a massive similarity as with gambling in LA laws and regulations, especially in this case scenario.

The previous state-related gambling restrictions have been adjusted and changed many times in the past. This means that now players can enjoy racinos. These are race tracks where you can play slots as well. A free bonus may be available at some of them. This is perfectly legal and there are no related issues.

DFS stands for daily fantasy sports and this type of betting in the state is perfectly legal. Keep in mind that an operator must be licensed in order to allow players and the licensing fee is around $10.000. On the other hand, there are no other fees the operators must pay to the state. And yes, all games and platforms here are available and supported.

Playing slots, craps, or betting on dog fights is illegal in Ohio. It is also illegal to play poker in unregulated poker rooms. This means that playing these games at your home is not allowed and you can be fined. There are places where you can play these games and these are considered as legal. This also means that office pools and similar types of betting on Ohio are not allowed.

You can place most kinds of allowed bets at age 18. Yes, you can use spins at racinos at this age and you can place bets on horse races. But, you can play bingo at age 16. In order to visit a casino and play you must be 21 years of age or older.

Yes, there are legal casinos in Ohio and you can gamble here. You can play other games as well. If you like online gambling, make sure to do that at offshore sites. Check a review first to see which site offers the best perks. Dont forget about the age limit that is mandatory to comply with and will have a huge effect on the overall experience and legality of the matter.

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Plea to stop casino construction in Boracay – Gambling Insider – In-depth Analysis for the Gaming Industry

Posted: at 9:17 am

Diocese of Kalibo Bishop Jose Corazon Tala-oc has made an appeal to Philippines President Rodrigo Duterte to put a stop to the national governments plans that permit the establishment of casinos on Boracay Island.

The Kalibo Bishop claims the island to be a gift from God, and that the people are responsible to take care of and protect Boracay. He also argues gambling in the area would have a negative impact on the residents.

This gradual takeover of the human psyche by gambling is a big personal liability that can become no less than a socio-affective disorder. It will slowly weaken and eventually destroy the moral fibre of the people.

But why do we need to put up a gambling casino? Gambling is a game of chance which foments a culture contrary to the demands of sound reason. I am appealing to the President of the Republic not to allow casino operations on Boracay Island.

President Duterte believes the funds brought in by gambling are important and of necessity for the government, which is why he decided to lift the ban on casinos from 2018. The Newcoast casino is expected to generate around 10,000 jobs, bring in up to 3,000 foreign tourists weekly and help further the development of the island.

Despite the Presidents decision, Tala-oc is not the first person to stand against the new resort; residents, local businessmen and environmental activists have also been opposing the establishment of casinos in Boracay, fearing the construction would have a negative impact on the environment.

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Rush Street Interactive Announces An Exclusive Partnership With Magic City Jai-Alai To Offer Sports Betting On The Fast-Action Sport – PRNewswire

Posted: at 9:17 am

CHICAGO, Sept. 20, 2021 /PRNewswire/ --The world's fastest sport is now being played in a new and electrifying head-to-head (H2H) format and only Rush Street Interactive's online sportsbooks are offering betting on it. Rush Street Interactive, Inc. (NYSE: RSI) ("RSI"),a Chicago based gaming and betting company which operates the BetRivers, PlaySugarhouse, and RushBet sportsbook brands, has been named the exclusive Official Sports Betting Partner of Magic City Jai-Alai. As part of this collaboration, BetRivers is now exclusively authorized to use Magic City Jai-Alai's official league data and streaming feeds for bettors to watch and bet during live games in real-time, which is vital for in-play wagering.

Magic City Jai-Alai, which has run over 4,000 matches since opening in 2018 under the regulatory oversight of the Florida Department of Business and Professional Regulation (DBPR), has taken a modern approach to protecting the integrity of its matches and improving the reputation of the sport. Beyond conducting training programs and background checks on the athletes, staff, and officials from the league's inception, the league has contracted with a third party integrity firm to independently monitor and analyze all wagering and event activity.

"The league's commitment to integrity and fair play impressed us from the outset," said Richard Schwartz, CEO of RSI. "At the end of the day, RSI wants to offer our players engaging and high integrity betting content and we're thrilled that Magic City's league is able to achieve both of these goals."

With the recent launch of Jai-Alai betting on RSI's BetRivers platform in Illinois and Iowa, bettors in those states became the first in the country to be able to legally wager online on the lightning fast action, with other markets to be added in the future.

"RSI is excited to partner with Magic City Jai-Alai to pioneer this new fast-paced format of play for Jai-Alai, a sport which has long been a betting favorite and has a storied history in Florida dating back to the 1930's," said Schwartz. "As a result of these modern H2H matches transitioning away from the traditional parimutuel style of play into a brand new fixed-odds betting format where every action-packed point matters, customers can wager directly on the head-to-head matchups, set-by-set or even point-by-point just like in the popular betting sports of tennis and table tennis. Jai-Alai is the fastest sport in the world, with ball speeds exceeding 150 mph, and with this new electrifying format, we are really excited to offer bettors a unique way to watch in real-time and bet in-play on a sport we know they will love."

"Working closely with the RSI team, we are excited to pioneer a new twist on an old favorite and offer fans exciting and different ways to engage with Jai-Alai while modernizing the sport to a whole new digital betting audience," said Scott Savin, Magic City COO."From day one we've made it our mission to create an innovative and modern-looking league where the integrity of the game and its athletes have been our focus to earn and retain our bettors' trust."

With BetRivers offering new exposure to Jai-Alai via its sportsbooks in Illinois and Iowa and more states on the horizon, Savin says he expects the sport to see a "major resurgence."To see the sport in action and for more insight, interested bettors can learn more at Jai-Alai TV and on Instagram at @jaialainetwork.

About RSI

RSI is a trusted online gaming and sports entertainment company focused on regulated markets in the United States and Latin America. Through its brands, BetRivers.comand PlaySugarHouse.com, RSI was an early entrant in many regulated jurisdictions and is currently live with real-money mobile, online and/or retail operations in ten U.S. states: Pennsylvania, Illinois, New Jersey, New York, Michigan, Indiana, Virginia, Colorado, Iowa and West Virginia. RSI is also active internationally, offering its online casino and sportsbook in the regulated gaming market of Colombia onRushBet.co. RSI offers, through its proprietary online gaming platform, some of the most popular online casino games and sports betting options in the United States. Founded in 2012 in Chicago by gaming industry veterans, RSI was named the 2020 Global Gaming Awards Digital Operator of the Year and the 2021 EGR North America Awards Casino Operator of the Year, Customer Services Operator of the Year and Social Gaming Operator of the Year. RSI is committed to industry-leading responsible gaming practices and seeks to provide its customers with the resources and services they need to play responsibly. For more information, visitwww.rushstreetinteractive.com.

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Analysis: Are Offshore Sportsbooks Thriving In Regulated Era? – Legal Sports Report

Posted: at 9:17 am

Getting solid information on the offshore betting market is not easy.

As one industry consultant told LSR: Those guys, they wont talk to you. They are terrified that if they get any media coverage, it will prompt a crackdown.

As a result, nobody is quite sure how big the offshore sports betting market is. Estimates from the American Gaming Association, Eilers & Krejcik, and H2 Gambling Capital peg it between $50 billion and $200 billion in annual wagers.

But how has that changed since the fall of PASPA in 2018? Has the explosive growth of regulated US sportsbooks hurt offshore rivals?

A scan of the headlines in recent years might suggest so. Bovada pulled out of New York this year, presumably to avoid irking state prosecutors. Fellow offshores BookmakerandBetOnlinewithdrew fromNew Jerseyback in 2019, a year after the state legalized sports betting.

Elsewhere, 5Dimes shut up shop entirely to try and make the switch onshore. Is that indicative of a wider decline?

Not so, according to search data and multiple sources with knowledge of the offshore world.

Benjie Cherniak, investor and former MD of Don Best, said his impression is that business was booming.

When PASPA was repealed, there was concern about how long they had, but business has never been better, Cherniak said.

The stats appear to back this up. Google search data for the year-to-date shows Bovada is the most-searched brand among US-facing books at a 19% share. DraftKings is a relatively distant second at 11%, with FanDuel at 9%.

Likewise, Similarweb data shows an upward trend for Bovada in the last six months compared to FanDuel. There is also an upward showing for offshore books like sportsbetting.ag and BetOnline.

Some of this is noise. Sources suggest there is click bait low-quality traffic in those numbers. However, there is also genuine growth in the offshore world.

The offshore market has taken off like a rocket since PASPA, said one Caribbean-based bookmaker who asked not to be named.

Brand confusion accounts for some of the issue.

The most important thing is that customers still have difficulties telling which bookmaker is licensed and which is not, said Manuel Stan, Kindred US senior vice president.

Penn CEO Jay Snowden said similar last year.

A lot of people just dont know, Snowden told analysts.

Some of that is deliberate subterfuge from offshore books. But the media also has a role to play.

To use one example from a regulated state, The Denver Post has a page titled Best gaming apps for real money gambling that directs to Bovada and offshore casinos.

Media overall is doing too little to separate the good from the bad, Stan said.

It is worth remembering too that sports betting is already part of mainstream sports coverage. MLB hosts sports betting shows on MLB.com. The NFL has hatful of official betting partners for the 2021 season.

But around 60% of US customers do not have access to legal betting options. They naturally turn to whatever sportsbooks they can find.

Another problem is the product itself. Offshores can offer markets on some funky stuff like push-up contests. They might also offer credit betting, lower vig and higher limits.

Ive heard from VIP managers that their players still have 80% of bankroll offshore due to a trash local product and restrictive betting, said the Caribbean bookmaker.

US books are trying to close the product gap although they face various restrictions. Offering 50+% tax to New York, for instance, might result in worse odds for the consumer.

In general, though, a regulating state does impact offshores.

Google Trends data in Pennsylvaniashows FanDuel attracts 96% of searches versus BetOnline. In California, it is much closer to a 50/50 split between the two.

But offshores are not disappearing in regulated states. As Cherniak explained it:

If an offshore firm has 1,000 customers in Illinois, do they lose half of them when it regulates? I dont think thats what we are seeing. A good chunk of those customers open regulated accounts but the vast majority keep their existing offshore accounts as well.

In addition, sports fans in states like Texas are seeing sports betting content everywhere.

And the only place they can bet is offshore. It is a similar story with online casino: banned in most states and generating boatloads of cash for illegal operators.

Until that changes, the cash will continue to go offshore.

So, the offshore industry appears stronger than ever. And it might not be going away anytime soon, even as regulation spreads across the US.

Other mature sports betting markets usually have a black market that persists in some manner.

Looking five to 10 years out, I dont envisage offshore disappearing, Cherniak said. They are benefiting indirectly from the regulated advertising spend and the cultural shift in attitudes towards sports betting.

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Analysis: Are Offshore Sportsbooks Thriving In Regulated Era? - Legal Sports Report

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