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Pennsylvania casinos are finally opening their doors to legalized sports gambling. It appears that five of the 13 Pennsylvania casino operators are willing to pay a higher premium than other states to get gamblers.
The National Basketball Association’s regular season is near and it appears the 30 owners are reasonably happy with the economics of the league and even if they are not, there is little they can do because the collective bargaining agreement with the players has at least another five years before they or the players can pull the plug on the pact.
The National Football League regular season is near and there is more gambling available to consumers during the 2018 season
College football remains enormously popular and that might grow as more states get into the legalized gambling game. Nevada, Delaware and New Jersey are up and going, West Virginia will start soon followed by Mississippi and Pennsylvania.
The July numbers are in from sports betting in New Jersey. Three casinos and two racetracks took more than $40 million in bets. Overall, $57 million has been wagered in the Garden State from June 14, when sports betting started in New Jersey, through July 31.
Sportsbooks have opened in Delaware and New Jersey is slowly expanding the availability of sports betting with another Atlantic City hotel offering the service starting on June 28 and the promise of sports betting at the Meadowlands racetrack about seven miles from midtown Manhattan by July 15th.
Right now only four states can legally offer sports gambling. Whether the National Football League decision makers like it or not, eventually there will be...