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Gambling in the USA

Legal Sportsbooks Set To Spend Another Night At The Movies With Odds On 92nd Academy Awards

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Sportsbooks in New Jersey are the first offering movie buffs the opportunity to join their favorite actors, actresses, and directors as big winners from the 92nd Academy Awards. A year after New Jersey’s retail and online sportsbooks broke new ground in the United States by offering legal betting on the Academy Awards for the first time, the Garden State is once again offering odds on the Oscars, which is set for Sunday, Feb. 9.

To prepare for the movie industry’s star-studded night, PlayUSA has created a complete rundown of the Oscars at www.playusa.com/sports-betting/oscars, including odds on every major category, a pick sheet, what sites are accepting bets, and analysis on the races.

“Oscars betting was a hit in its first year in New Jersey, and we suspect that interest will only grow,” said Jessica Welman, betting analyst for PlayUSA.com and a movie historian who earned a degree in Cinema-TV Critical Studies from the University of Southern California, and a master’s in Film and Media Studies from Indiana University Bloomington. “We saw last year that bettors were less motivated by the favorites and more interested in backing their favorite films and movie stars. This year’s field of nominees has star power in front of and behind the camera, so that should help drive interest.”

New Jersey sportsbooks accepted an estimated $1 million in bets in the first year that it was offered, according to PlayUSA. And the Garden State is the only legal jurisdiction so far offering odds in 2020.

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DraftKings became the first sportsbook to post the Oscars, followed by FOX Bet, and more are expected soon. DraftKings is offering odds on all 24 categories at the Academy Awards. In 2019, most books limited action to the six major Oscars categories, including best picture, director, actor, actress, supporting actor, and supporting actress.

“The top categories will undoubtedly draw the most interest,” Welman said. “This year, in particular, is shaping up to be a controversial one. Again, critics can point to a lack of diversity in nominations and some films, such as Joker, have received polarized audience reactions. But instead of fighting with friends about a movie’s merits, New Jersey movie buffs can quietly put their money where their mouth is.”

The four major acting categories all feature prohibitive favorites. Joaquin Phoenix (-1,667), for Joker, and Renee Zellweger (-1,000), for Judy, are the clear frontrunners for Best Actor and Best Actress, respectively. Brad Pitt (-1,000), for Once Upon a Time in Hollywood, and Laura Dern (-1,000), for Marriage Story, are the favorites for Best Supporting Actor and Best Supporting Actress, respectively. Sam Mendes (-134), for 1917, and Bong Joon Hoo (+225), for Parasite, are leading a tight race for Best Director.

The closest major race appears to be for Best Picture, led by Once Upon a Time in Hollywood (+160) and 1917 (+200).

“Best Picture seems like a two-horse race between the two Golden Globe picture winners, 1917 and Once Upon a Time in Hollywood,” Welman said. “While no one is arguing that Once Upon a Time in Hollywood is Quentin Tarantino’s best film, the Academy is typically concerned with ensuring deserving nominees get rewarded. This could be the Academy’s last chance to give Tarantino the top prize, and that often carries a lot of weight.”

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For more information and analysis on regulated online gaming in New Jersey, visit PlayUSA.com/news. For more Oscars information, visit www.playusa.com/sports-betting/oscars.

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Major Casino Operators Ready to Invest if Georgia Lifts Casino Ban

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As discussions about legalizing gambling in Georgia gain momentum, major casino operators like Wynn Resorts and Boyd Gaming are poised to lead the charge if the state changes its restrictive laws.

During a recent Georgia House study committee meeting, Christopher Gordon, president of Wynn Resorts’ development arm, expressed keen interest in building a multibillion-dollar casino should legal barriers be removed. Similarly, Boyd Gaming’s government affairs vice president Ryan Soultz highlighted Georgia’s market attractiveness.

Wynn’s model would be similar to its $2.6 billion Encore Boston Harbor, suggesting that a new Georgia casino could employ up to 4000 workers and contribute substantial gaming tax revenue.

Although specific locations have not been chosen, both companies have indicated they would need constitutional changes to move forward. Their willingness to invest heavily in the Peach State demonstrates a strong belief in the untapped potential of the state’s gambling market.

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Such developments offer a compelling argument for lawmakers to consider gambling expansion, marking a shift toward economic incentives as a primary motivator for legislative change.

Should Georgia proceed with legalizing casino gambling, the legislative language will be crucial in shaping the industry’s landscape. Key proposals may include requiring casino companies to invest at least $1.2 billion per resort and generate a minimum number of jobs, often set at around 10,000 per license. This ensures that any developments bring tangible benefits to the local economy.

Additional legislative demands include rigorous background checks for key personnel, proven industry experience, and adherence to strict technical and financial standards. Only companies with substantial capital and robust infrastructure, like Wynn Resorts and Boyd Gaming, are likely to meet these stringent requirements.

The post Major Casino Operators Ready to Invest if Georgia Lifts Casino Ban appeared first on Gaming and Gambling Industry in the Americas.

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Gambling in the USA

Plaza Hotel & Casino to welcome the U.S. National Champions Summerlin South All Stars to be TNT Ignitors for Welcome to the Weekend Friday Fireworks, next Friday, Sept. 5

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The Plaza Hotel & Casino will welcome the U.S. National champions, the Summerlin South All Star team to be the special guest TNT Ignitors of the property’s Welcome to the Weekend Friday Fireworks show, next Friday, Sept. 5 at 9:15 p.m., taking place on the Plaza’s rooftop pool deck.

“Getting to ignite the Plaza’s amazing fireworks show is a great honor for the team,” said Chris Mallory, president of Summerlin South. “And we thank the Plaza and Jonathan for the warm welcome and fun celebration planned for the team, including a pizza party for them and their families.”

“All of Las Vegas is proud of the accomplishments that the Summerlin South team made in the All Star postseason,” said Jonathan Jossel, CEO of the Plaza Hotel & Casino. “We look forward to hosting the team and their families, and we hope all of their fans come out to celebrate with them and enjoy the fireworks show.”

The summer fireworks shows are staged from the top of the Plaza’s South Tower every Friday at 9:15 p.m. from May through September.

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The public can watch the Welcome to the Weekend Friday Fireworks Show for free at the rooftop pool, at Carousel Bar under the Plaza’s iconic dome, and from in front of the Plaza on Main Street, which will be closed to vehicular traffic during the show for viewing the fireworks from Carson Avenue to Ogden Avenue.

The Plaza’s fireworks will be dependent on weather conditions and are subject to change or cancellation. Updates will be available on the Plaza’s social media channels, including Facebook, Instagram and Twitter.

The post Plaza Hotel & Casino to welcome the U.S. National Champions Summerlin South All Stars to be TNT Ignitors for Welcome to the Weekend Friday Fireworks, next Friday, Sept. 5 appeared first on Gaming and Gambling Industry in the Americas.

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Gambling in the USA

New Hampshire Charitable Gaming Revenue Hits $24.8M in July

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New Hampshire charitable gaming revenue has reached $24.8 million last month, up from the previous year’s figure of $14.5 million, boosted by the opening of new casinos.

The latest figures come from the New Hampshire Lottery and Gaming Commission, which shows that of the 15 casinos, only four saw losses, while four others were not in operation last July.

The Nash Casino, which opened in March, generated the highest revenue of all the casinos – $5.8 million.

The highest year-over-year increase was seen by the Revo Casino Lebanon, which opened in a new location in December, and saw revenue rise by 321% from $387,836 to over $1.6 million.

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Other notable rises were seen from the Lakes Region Casino, which generated an increase of 24% year-over-year and The Brook, which saw a 17% rise from $4.7 million to $5.5 million.

The biggest declines came from The Lucky Moose Casino, where profits dropped by 79% from $666,454 to $139,748, and the Gate City Casino, which saw profits fall by 16% from $2.7 million to $2.3 million.

Historic horse racing revenue rose by 85% year-over-year, from $10.6 million to $19.7 million, while games of chance revenue increased by 53% from $3.3 million to $5.1 million.

The post New Hampshire Charitable Gaming Revenue Hits $24.8M in July appeared first on Gaming and Gambling Industry in the Americas.

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