Jared is back with his favorite plays on PrizePicks today for today’s MLB slate. Make sure to drop into our discord for the rest of the plays!
The team at Win Daily has hand-selected some of the best minds in the industry who have built their own systems and have access to the suite of tools Win Daily has at its disposal to provide picks for our community. Each pick gets timestamped and tracked through our portal and our pros provide the specific bet along with the best #sportsbook to place the wager on at the time of post. We display the unit size for each bet and have all of our past and current plays displayed for you to review. Each pro has its own page so if you would like to trail only one pro who matches your style you can with the ease of a few clicks.
Jared is back with his favorite plays on PrizePicks today for today’s MLB slate. Make sure to drop into our discord for the rest of the plays!
The team at Win Daily has hand-selected some of the best minds in the industry who have built their own systems and have access to the suite of tools Win Daily has at its disposal to provide picks for our community. Each pick gets timestamped and tracked through our portal and our pros provide the specific bet along with the best #sportsbook to place the wager on at the time of post. We display the unit size for each bet and have all of our past and current plays displayed for you to review. Each pro has its own page so if you would like to trail only one pro who matches your style you can with the ease of a few clicks.
The commercial gambling industry in the United States is growing constantly. This February, revenue expanded 9% compared to the previous year, marking 36 months of consecutive growth. Total revenue for the first two months of 2024 was $11.46 billion, up 6.8% from last year’s results, which also marked a record high.
After revenues fell 5.9% in January, revenues from land-based casinos rebounded in February. The comeback was driven by strong table game performance. So, for the period, table games and retail sports betting generated $4.16 billion, a 3.7% increase from the following year.
The interesting new kids on the block are sports betting and igaming (online casinos).
The more mature, traditional casino segments, including land-based slot-machine cabinets and physical table games (e.g., roulette, blackjack, etc.), remain the most dominant revenue generators of the commercial gaming industry in the US. In February, these verticals accounted for revenues of $4.13 billion, up 4% from the previous corresponding period. Slot machines generated most of this revenue at $2.91 billion for the period, up 1.8%, while table game revenues traditionally fulfilled a smaller portion of the total share at $916.2 million. However, table games showed a significant increase year-over-year, jumping up 12.8% from the previous period.
Ziv Chen, contributing writing to “The Solitaire” said: “Physical, land-based slot cabinets have always been the flagship of commercial gambling in America and beyond and will continue to be the major driver of revenues for many years to come. However, although the total numbers are still huge in proportion to other segments (e.g., igaming and sports betting), the growth in percentages is much lower. This is natural for a more mature product in the market.”
In January, igaming revenues in the US broke a record, generating $648 million, an increase of 30.9% year-over-year, with all six legal states showing an increase, led by New Jersey with $559.1 million, followed by Pennsylvania with $215.3 million, and Michigan with $188 million. Year-to-date revenues for igaming were $1.26 billion, up 25.7% from the previous corresponding period. These numbers are still missing Rhode Island, which is the latest regulated state.
With strong growth in the gambling sector, which keeps going year to year, it is worth looking at gambling stock that combines both traditional commercial gaming, as well as igaming and sports betting. For example, MGM Resorts International [NYSE: MGM], main stakeholder and operator of BetMGM, Caesars Entertainment [NASDAQ: CZR], owner of Caesars Interactive Entertainment, and Rush Street Gaming, owner of the digital arm Rush Street Interactive.
SOURCE www.rizeandreactmedia.com
Jared is back with his favorite plays on PrizePicks today for today’s MLB slate. Make sure to drop into our discord for the rest of the plays!
Jared is back with his favorite plays on PrizePicks today for today’s MLB slate. Make sure to drop into our discord for the rest of the plays!
Jared is back with his favorite plays on PrizePicks today for today’s MLB slate. Make sure to drop into our discord for the rest of the plays!
Jared is back with his favorite plays on PrizePicks today for today’s MLB slate. Make sure to drop into our discord for the rest of the plays!
Jontay Porter, a professional basketball player, was always known for his potential and skill, despite facing setbacks due to injuries. However, in 2024, his legacy for unfortunate reasons, will now live forever. Porter, who was on a two-way contract with the Toronto Raptors this season, has been banned from the NBA, the league announced in a press release (via Twitter).
“A league investigation found that Porter violated league rules by disclosing confidential information to sports bettors, limiting his own participation in one or more games for betting purposes, and betting on NBA games,” the league said in a statement.
According to the NBA, its investigation is ongoing and could result in additional findings. The league had discovered enough to this point to make the decision not to allow Porter to play in the NBA again. The league also stated …….
“There is nothing more important than protecting the integrity of NBA competition for our fans, our teams and everyone associated with our sport, which is why Jontay Porter’s blatant violations of our gaming rules are being met with the most severe punishment,” commissioner Adam Silver said in the release. “While legal sports betting creates transparency that helps identify suspicious or abnormal activity, this matter also raises important issues about the sufficiency of the regulatory framework currently in place, including the types of bets offered on our games and players. Working closely with all relevant stakeholders across the industry, we will continue to work diligently to safeguard our league and game.”
Patrick Rishe, Washington University in St. Louis director of sports business program and Sports impacts founder and President, joins ‘Squawk Box’ to discuss news of NBA banning Toronto Raptors Jontay Porter from the league for life, the hazards of gambling to sports leagues, and more.
SOURCE CNBC NEWS & www.rizeandreactmedia.com
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