Responsible Gaming Week just passed and one big story that we’re tracking will highlight just how important it is to play within your limits. Let’s start off with some news updates involving Evander Kane and his betting scandal, then we’ll touch on the August revenue numbers from the state of New Jersey.
NHL Determines That Kane Didn’t Intentionally Lose Games
NHL forward Evander Kane has admittedly not had the best year or two, but at least he’s been cleared of a crime that could have cost him his NHL career. An NHL investigation examining accusations that Kane was purposefully losing games for his team in order to fund his gambling addiction has been completed.
After a deep dive, the league determined that there wasn’t any evidence to support that he was doing this.
Kane isn’t out of the woods just yet, though, as he is still sidelined from training camp while the team handles other accusations made by his wife about sexual and physical abuse.
Gambling has been a big problem for him as he is currently in tons of debt right now due to that his addiction and currently faces an unbelievable $26.8 million hole. What is even more shocking is that he compiled those charges less than three years from when he signed a massive seven-year, $49 million extension with the San Jose Sharks.
New Jersey Revenue Reaches $426 Million During August
The gambling market in New Jersey is showing strong signs of recovery right now. Their revenue totals from August have been reported and the numbers are impressive. They wound up being $426.7 million, a 31 percent increase in year-over-year. However, those numbers are a bit of a decline from July when they brought in $450.6 million in total.
Atlantic City was a massive part of last month’s success, bringing in $262.4 million of the $426 million that they earned. In July, Atlantic City only brought in $199.1 million. Although, iGaming has taken a giant leap in the last couple of months.
In July, all online casinos were able to total $118.7 million, a state record. The previous record was set earlier this year in March when they got $113.7 million. Sportsbooks were also critical to New Jersey’s recent success, accounting for $52.03 million from bettors in August.