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Sports betting a financial winner for NY
New York state has generated more than $267 million in tax revenues from mobile sports betting in the five months since it became legal, with $263 million coming from bets made on mobile devices and the rest coming from sports wagering at casinos. Assemblyman Gary Pretlow of Mount Vernon, who is chairman of the Assembly Committee on…
Analysts optimistic after casino companies’ solid earnings
A festive mood permeated MGM Resorts International’s recent second-quarter earnings call, with President and CEO Bill Hornbuckle saying the results were “nothing short of spectacular.” MGM Resorts reported $3.26 billion in total revenue and $1.78 billion in net income for the three months ending June 30, including a record $825.3 million in pre-tax earnings at…
Field of Dreams Game: What to know about MLB’s movie-inspired matchup in an Iowa cornfield
After a one-year delay due to the COVID-19 pandemic, MLB is set to stage its Field of Dreams Game this week in Dyersville, Iowa.The special event will drop a major league game into the famed expanse of cornfields at the site where the 1989 film starring Kevin Costner was filmed. It was originally slated to…