New Jersey Generates $3 Billion In Sports Betting

New Jersey Generates $3 Billion In Sports Betting

New Jersey’s retail and online sportsbooks have generated nearly $3 billion in bets and nearly $200 million in revenue in the 12 months since legal sports betting officially launched in June 2018. And by collecting $318.9 million in May bets, New Jersey appears poised to surpass Nevada in monthly handle for the first time, according to analysts for PlayNJ.com. “We knew that sports betting in New Jersey would be successful, […]

Apple (NASDAQ:AAPL) “Rolling the Dice” on New Products

Apple (NASDAQ:AAPL) “Rolling the Dice” on New Products

$AAPL FLASH: Apple gambling on new products to ‘Blow fans away” Apple’s (NASDAQ:AAPL) CEO Tim Cook said he has ‘never been more optimistic’ about where the company is today and where it’s heading. In a pep talk to investors. CEO Cook said the iPhone maker is “planting seeds” and “rolling the dice” on future products […]

Addiction, ‘a Disease of Extreme Behavior’

Addiction, ‘a Disease of Extreme Behavior’

Addiction, ‘a Disease of Extreme Behavior’ The strictest definition of addiction refers to a disease resulting from changes in brain chemistry caused by compulsive use of drugs or alcohol. The definition includes excessive use that damages health, relationships, jobs and other parts of normal life. Brain research supports that definition, and some imaging studies have […]

Legal Sports Betting Coming to the US Nationwide

Legal Sports Betting Coming to the US Nationwide

Legal Sports Betting Coming to the US Nationwide $PENN, $CZR Gambling market analysis reveals that the market for legal sports betting could be as much as $60-B annually nationwide. Analyst David Katz of the Jefferies & Company is projecting modest near-term positive effects on the gambling industry following Monday’s Supreme Court ruling. Mr. Katz’s analysis […]

Bitcoin Like ‘Monopoly Money’ and ‘Pure Gambling’

Bitcoin Like ‘Monopoly Money’ and ‘Pure Gambling’

Bitcoin Like ‘Monopoly Money’ and ‘Pure Gambling’ $BTCUSD $CME, $CBOE Investment guru Jim Cramer warns investors that the digital currency Bitcoin is like “Monopoly Money.” Currently Bitcoin is trading at 13,415.9951, +979.33, or +7.87% Vs the US Dollar. He said essentially that if you invest in the virtual money, you’re engaging in “pure gambling” and you have better odds […]

Casino Owners to Push for Overthrow of Sports Betting Ban

Casino Owners to Push for Overthrow of Sports Betting Ban

Casino Owners to Push for Overthrow of Sports Betting Ban Casino owners will renew their push to legalize sports betting at their properties, according to an executive with the gambling industry’s trade association. Industry lobbyists will be seeking a sponsor next year for legislation to overturn a Y 1992 ban on the betting, according to […]