MonkeyF0cker Posted November 1, 2018 Author Report Share Posted November 1, 2018 Anyone know what the MGM limits are on the app in NJ? That alone would probably tell you For sure. I'll see if I can find out. I know someone that was making plays in Mississippi as well. I'll see if I can find out what they're doing there too. Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted November 1, 2018 Author Report Share Posted November 1, 2018 John Avello and Mark Dufty hired...…….recent managers of Wynn and Jerry's Nugget here in Vegas. So they almost certainly won't take sharp action. Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted November 1, 2018 Report Share Posted November 1, 2018 So they almost certainly won't take sharp action. Quote Link to comment Share on other sites More sharing options...
KingRevolver Posted November 1, 2018 Report Share Posted November 1, 2018 Most of the sportsbook hubs are and will be run out of Vegas. And the others have been hiring Vegas staff. So it will always be important. Agree. Quote Link to comment Share on other sites More sharing options...
Bfo Posted November 1, 2018 Report Share Posted November 1, 2018 I don’t know all that much about Dufty other than he’s been around forever. Obviously Avello not taking any type of sharp action for any real money. Unlike most at Draft Kings he’ll at least know what it is when he sees it though. Quote Link to comment Share on other sites More sharing options...
Bfo Posted November 1, 2018 Report Share Posted November 1, 2018 Agree. Most of the bigger names aren’t going to be leaving Vegas imo. I think most are happy to live in Vegas with the weather and lifestyle, unless the money is overwhelming they ain’t going back East. Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted November 1, 2018 Report Share Posted November 1, 2018 I don’t know all that much about Dufty other than he’s been around forever. Obviously Avello not taking any type of sharp action for any real money. Unlike most at Draft Kings he’ll at least know what it is when he sees it though.Dufty was manager at the Sands, Avello and myself were the supervisors at the time. Quote Link to comment Share on other sites More sharing options...
Bfo Posted November 1, 2018 Report Share Posted November 1, 2018 Dufty was manager at the Sands, Avello and myself were the supervisors at the time.That I actually knew from you posting about it. Other than that I’m only familiar with him at Jerry’s Nugget. I was also a coworker with Avello under the Caesars umbrella, not a bad guy but certainly has an overinflated opinion of himself. Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted November 1, 2018 Author Report Share Posted November 1, 2018 Jerry's takes no action either. I got the "one trip to the counter per day" talk two weeks after betting there then limited to $100 the next week. Never went back. Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted December 15, 2018 Author Report Share Posted December 15, 2018 MGM is using Ladbrokes for their non-nevada betting. I don't know how that's going to work, but if ladbrokes is running it it will be a 100% opposite how the book in LV. Just posted this across the street and remembered that I never updated this thread... MGM deals different numbers between Las Vegas, New Jersey, and Mississippi but they all originate from Las Vegas. Due to legal issues, they are not able to offer their Nevada PlayMGM app in the other states. The other states want to create jobs. So they force them to house servers in their state and formed a partnership with GVC to do so. The numbers are sent from the MGM control room in Las Vegas and the GVC people in each of the other states set them accordingly. Quote Link to comment Share on other sites More sharing options...
rito Posted December 15, 2018 Report Share Posted December 15, 2018 Any idea if they open at the same time on east coast as in Vegas or earlier, since cbb lines are all gone by time they open in vegas Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted December 16, 2018 Author Report Share Posted December 16, 2018 Any idea if they open at the same time on east coast as in Vegas or earlier, since cbb lines are all gone by time they open in vegasStill the same time as far as I'm aware. I think they have plans to change that though. They were talking about the possibility of going 24x7 a couple of months ago. Quote Link to comment Share on other sites More sharing options...
TobyTyler Posted January 14, 2019 Report Share Posted January 14, 2019 http://www.espn.com/chalk/story/_/id/25126270/nevada-sportsbooks-record-septemberI haven't seen dec #s but November increase was huge as everybody got set up on mobile "Garden State operators generated $21.2 million in revenue on a whopping $330 million in overall handle. That represents by far the most money wagered in a single month to date in the nascent NJ sports betting market. That win resulted in $2.45 million in tax revenue from New Jersey sports betting. More than 72 percent of money wagered on sports in New Jersey in November came via mobile and online platforms. Of the $330 million total, more than $238 million came via those channels." https://www.google.com/url?sa=i&source=undefined&cd=&ved=0ahUKEwij_N_H7e3fAhWvhOAKHf_7DqEQzPwBCAM&url=https%3A%2F%2Fwww.legalsportsreport.com%2F26689%2Fnew-jersey-sports-betting-revenue-november-2018%2F&psig=AOvVaw0vgqh4xM2QfhckbUeDaCot&ust=1547575347128788 Quote Link to comment Share on other sites More sharing options...
TobyTyler Posted January 14, 2019 Report Share Posted January 14, 2019 just found Dec for NJ December’s total ($319 million) was down slightly from what New Jersey saw in November ($330.7 million). In December, 75 percent of the money wagered in the state was done so on an app or a website. That number was 62 percent since New Jersey took its first bet on June 14. A total of $1.24 billion was bet in the first six-and-a-half months of legal sports gambling in New Jersey, as the December handle was published Monday by the state’s Division of Gaming Enforcement. https://www.actionnetwork.com/news/new-jersey-sports-betting-revenue-december-2018 Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted January 15, 2019 Author Report Share Posted January 15, 2019 I haven't seen dec #s but November increase was huge as everybody got set up on mobile "Garden State operators generated $21.2 million in revenue on a whopping $330 million in overall handle. That represents by far the most money wagered in a single month to date in the nascent NJ sports betting market. That win resulted in $2.45 million in tax revenue from New Jersey sports betting. More than 72 percent of money wagered on sports in New Jersey in November came via mobile and online platforms. Of the $330 million total, more than $238 million came via those channels." https://www.google.com/url?sa=i&source=undefined&cd=&ved=0ahUKEwij_N_H7e3fAhWvhOAKHf_7DqEQzPwBCAM&url=https%3A%2F%2Fwww.legalsportsreport.com%2F26689%2Fnew-jersey-sports-betting-revenue-november-2018%2F&psig=AOvVaw0vgqh4xM2QfhckbUeDaCot&ust=1547575347128788Wow. There are some awful gamblers in NJ if they are holding $21 million off of $330 million in handle at -110. Quote Link to comment Share on other sites More sharing options...
TobyTyler Posted January 15, 2019 Report Share Posted January 15, 2019 Wow. There are some awful gamblers in NJ if they are holding $21 million off of $330 million in handle at -110. What does that say about Vegas gamblers then? 6% vs 10% using vegas numbers in first post. Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted January 15, 2019 Author Report Share Posted January 15, 2019 $24 million off of $183.9 million in NJ in the first post. Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted January 15, 2019 Author Report Share Posted January 15, 2019 $27 million off of $581 million in Nevada for November. Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted January 15, 2019 Author Report Share Posted January 15, 2019 NJ holding a lot more than Nevada. 3% more every month. Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted January 15, 2019 Author Report Share Posted January 15, 2019 Probably has something to do with the outs available in NJ. No South Point or Westgate type of outs in NJ like Nevada has. Instead, they have Euro books which will hold higher and generate less revenue. Would be nice if you could see breakdowns of individual books. Might lead to some of these dumb books to realize that sharp action and increased volume/revenue isn't a detriment to their bottom line. Quote Link to comment Share on other sites More sharing options...
TobyTyler Posted January 15, 2019 Report Share Posted January 15, 2019 Monkey what is about avg take in Vegas per month? 5-10% range? I never paid attn before. Quote Link to comment Share on other sites More sharing options...
TobyTyler Posted January 15, 2019 Report Share Posted January 15, 2019 Trop nj is William Hill also but they were slow to get set up picture sharing Quote Link to comment Share on other sites More sharing options...
TobyTyler Posted January 15, 2019 Report Share Posted January 15, 2019 Monmouth shows both William Hill and Sugarhouse, but I've only seen William Hill there Quote Link to comment Share on other sites More sharing options...
Bfo Posted January 15, 2019 Report Share Posted January 15, 2019 The hold in NV was 5.1 in 2017, which seems pretty typical to me. Take away the parlay cards and that obviously goes down. I don’t think those hold percentages in NJ are sustainable. They were obviously going to get a lot of newer square type bettors come out of the woodwork due to the initial excitement, but they will generally fade away as they keep losing. Will be interesting to see how the books there react when their margins get a little thinner. Especially at the brick and mortar shops when the crowds inevitably get much much smaller this summer. Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted January 15, 2019 Author Report Share Posted January 15, 2019 Trop nj is William Hill also but they were slow to get set up picture sharingNice. Wish they had their hold on there. Quote Link to comment Share on other sites More sharing options...
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