While the company has been hemorrhaging cash for several years, Caesars sports betting is now expected to be generating a profit for the company by the fall of 2023. This according to their CEO, Tom Reeg . In a story reported on Yahoo! Finance, Caesars online gaming and sports betting lost over $550 million in just the first quarter of this year. But according to Reeg, the company has a plan. First up, they will cut their marketing spend, saving over $250 million. The second step in the recovery process is for Caesars to narrowly target their more “profitable customers”…
Nationwide commercial US gambling revenue totaled $14.81 billion in Q2 2022, according to the
The short answer is no, online gambling in Maryland is not legal, at least
For all the talk of sports betting in Massachusetts, it now looks like the
Hold your horses there, son! All those who had been hoping for the launch
Slot machines have been existing since the 19th century. They work on chance entirely.
So you like to gamble? Then what would you wager on the odds of