Delaware’s Appeal Gets Denied But Revenues are Up

Delaware has long since been hoping for their gambling industry to be like that of Las Vegas’, but it seems that fate or, the courts, for that matter, do not see eye-to-eye with what Delaware wants as the State was yet again dealt with a big blow when the federal appeals court denied their request for an appeal.

What Delaware Wants

Four states were given exemptions under the 1992 Professional and Amateur Sports Protection Act, and these were Las Vegas, Montana, Oregon, and Delaware. Read more

The Recession Continues to Bring the Gambling Industries to Its Knees

The recession is not done wreaking havoc to the gambling industry, and it proved false what the analysts say about the gambling industry being recession-proof.  In fact, news and reports continually show that the recession is doing much damage to this otherwise “recession-proof” industry as it has done great damages to the other types of businesses, most especially the real estate industry. Read more

Sports Betting – Advantageous or Not?

The recession is tightening its hold on most industries, and just like any good dominoes stacked one behind the other, when one tile fell against another tile, the rest tumbles.  This is what the economy is experiencing right now.  If one industry falls, then the rest of the industries that depend on the first will fall with it.

Nowadays, the States have to look at other venues to increase their state budgets, and this includes looking at sports betting to augment their loss. Read more