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Gambling in the USA

New Jersey Sportsbooks Accepting Legal Oscars Bets for First Time in U.S. History

Zoltan Tundik

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Academy Awards should generate interest from bettors, according to PlayUSA.com analysts

For movie lovers in and around New Jersey, there has never been a better time to have a strong opinion on this year’s Oscars. New Jersey sportsbooks are the first in United States history to legally accept bets on the Academy Awards — which are set for Feb. 24 — breaking new ground on the rapidly expanding legal sports betting market, according to analysts at PlayUSA.com.

PlayUSA.com’s complete rundown of the Oscars — including odds on every major category, a pick sheet, what sites are accepting bets, and analysis on the races — can be found at www.playusa.com/sports-betting/oscars.

“This is an incredibly exciting opportunity for American movie lovers to bet on the Academy Awards — legally — for the first time ever,” said Jessica Welman, betting analyst for PlayUSA.com and a movie historian who earned a bachelor’s in Cinema-TV Critical Studies from the University of Southern California, and a master’s in Film and Media Studies from Indiana University Bloomington. “Oscars betting has been popular overseas for years, so it will be intriguing to see what the reaction here is. We suspect interest will be relatively high during a typically slow month for sportsbooks.”

In late January, New Jersey regulators opened the door to legal Oscars betting, though it is possible that this is the only year that it is offered. New Jersey sports betting operators have responded, with nine online sites currently offering odds on the Academy Awards.

Odds and contests vary by sportsbooks, and betting limits are relatively low compared with mainstream sporting events. Most books are simply offering odds on the winners of the big six Academy Awards categories: best picture, director, actor, actress, supporting actor, and supporting actress.

“The novelty alone should pique interest of bettors,” said Dustin Gouker, lead sports betting analyst for PlayUSA.com. “People already love to try to predict who will win the Oscars, and now they can actually put their money where their mouth is. Do you think Black Panther, Roma, or A Star Is Born can win it all? You can bet on it in New Jersey.”

As an event that has never been offered before, the handle for legal Academy Awards betting is difficult to predict. But this year could be ideally situated. Odds for a tight Best Picture race range from the favorite, Roma (odds are as low as 1 to 2), to the dark horse, Vice (as high as 800 to 1).

Without a clear favorite, the Best Picture race could generate significant interest.

“This is a fun year, especially for bettors, because there is no heavy favorite,” Welman said. “Looking at the classic indicators of who will win Best Picture, the results are all over the map. While Roma may be the frontrunner, it is far from a guaranteed winner, which means one of these underdog winners could result in big payday for those who back them. Take Black Panther, for example. There is a scenario that the box office smash could win Best Picture. And with some books offering +2,500 odds, a small $10 bet could result in $250 profit.”

For more information, visit www.playusa.com/sports-betting/oscars.

About The PlayUSA Network:
The PlayUSA Network and its state-focused branches (including PlayNJ.com and PlayPennsylvania.com) is a leading source for news, analysis, and research related to the market for regulated online gaming in the U.S.

After starting out as an affiliate in 2009 and developing some recognized review portals, I have moved deeper into journalism and media. My experience has lead me to move into the B2B sector and write about compliance updates and report around the happenings of the online and land based gaming sector.

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Gambling in the USA

GAN Partners with Agua Caliente Band of Cahuilla Indians

Niji Narayan

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GAN Partners with Agua Caliente Band of Cahuilla Indians
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GAN plc has partnered with the Agua Caliente Band of Cahuilla Indians. As per the deal, GAN will supply its Simulated Gaming software to the Agua Caliente Band of Cahuilla Indians.

The Agua Caliente Band of Cahuilla Indians owns and operates three locations: Agua Caliente Casino in Palm Springs, Agua Caliente Resort Casino Spa in Rancho Mirage and Indian Canyons Golf Resort in Palm Springs. The agreement with GAN will enable the Client to provide an expanded suite of online gaming and services throughout the region and beyond.

“We are enormously privileged to bring one of America’s largest and most vibrant Native American casino resort operators online with our Simulated Gaming solution. Southern California is a significant regional US gaming market, with the largest population concentration in the US, reinforcing GAN’s market position as the leading B2B enterprise software solution provider to ‘brick and mortar’ US casinos,” Jeff Berman, CCO of GAN said.

“We selected GAN for its proven success in helping casino properties launch online gaming and for its ability to embed our on-property rewards programme into an online experience. Equipped with GAN’s Simulated Gaming, we will now introduce our casino properties online to a wider audience of casino enthusiasts located in adjacent regional markets,” Bill Oliver, CIO of the Agua Caliente Band of Cahuilla Indians said.

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Gambling in the USA

ARB Labs to Launch ChipVue 2.0 at Global Gaming Expo 2019

Niji Narayan

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ARB Labs to Launch ChipVue 2.0 at Global Gaming Expo 2019
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ARB Labs is going to launch a new technology named ChipVue 2.0 at the G2E show in Las Vegas on October 15–17. The Company will be demonstrating its proprietary technologies in booth #3833 at the Sands Expo and Convention Centre.

ChipVue 2.0 is a groundbreaking technology for automatically recording all gaming activities at live tables. This fully GLI certified system has the easiest installation process on the market, without needing RFID chips, special tables, or extensive hardware reconfiguration from casinos. ChipVue 2.0 enables additional hardware, software and casino operations optimisation features.

ChipVue 2.0 provides casinos with real-time data on a table-by-table, player-by-player, and dealer-by-dealer basis—at a level of detail that has never been made possible in the gaming industry.

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Gambling in the USA

New Report Reveals Americans View Casino Industry More Favorably Than Ever

George Miller

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New Report Reveals Americans View Casino Industry More Favorably Than Ever
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Americans Associate Gaming Industry with Job Creation, Innovation

A record 49 percent of American adults have a favorable view of the casino gaming industry, up four percentage points from 2018, according to new research from the American Gaming Association (AGA). The research was unveiled today at the Global Gaming Expo (G2E), the premier gathering of the global gaming industry presented by the AGA and organized by Reed Exhibitions.

The increase in favorability coincides with a surge in casino visitation and a widespread perception that the industry provides innovative, high-quality entertainment while supporting economic growth.The share of American adults that visited a casino in the last year jumped to 44 percent in 2019, up nine percentage points from 2018. This trend looks to continue as almost half of all Americans (49%) say they will visit a casino to gamble over the next 12 months, up from 41 percent in 2018.

“The favorability of our industry has never been higher,” said Bill Miller, president and CEO of the American Gaming Association. “As gaming expands across the U.S. and more Americans engage with our industry’s offerings, they see firsthand gaming’s positive impact on local economies and its value as a community partner. I’m committed to continuing the association’s work to translate gaming’s vast popularity into political capital, one of my top priorities for AGA.”

 

Additional highlights from the survey include:

  • Nearly half of Americans (49%) say that casinos help the communities where they are located, while clear majorities say that casinos specifically help local economies (57%) and create jobs (71%).
  • Two-in-three Americans (67%) think the gaming industry provides high-quality entertainment and 63 percent believe casino entertainment options are innovative.

These results come at a time of unprecedented growth for the gaming industry. With the spread of legal, regulated sports betting, 43 states plus the District of Columbia will soon have some form of casino gaming or sports betting. Gaming revenue for the U.S. casino industry reached an all-time high of $75.4 billion last year according to AGA’s annual State of the States report and National Indian Gaming Commission data. Today’s findings are consistent with previous AGA research showing nearly nine out of 10 Americans view gaming as a mainstream form of entertainment.

Methodology
The Mellman Group conducted this survey of Americans’ attitudes on behalf of the American Gaming Association between Sept. 13-19, 2019 among a national sample of 1,000 registered voters. The interviews were conducted both online and via phone. Results from the full survey have a margin of error of +/- 3.1 percent.

About AGA:
The American Gaming Association is the premier national trade group representing the $261 billion U.S. casino industry, which supports 1.8 million jobs nationwide. AGA members include commercial and tribal casino operators, gaming suppliers, and other entities affiliated with the gaming industry. It is the mission of the AGA to achieve sound policies and regulations consistent with casino gaming’s modern appeal and vast economic contributions.

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