Polymarket has officially returned to the US after receiving approval from the CTFC. Four years ago, it was banned from operation by the CFTC; however, on Wednesday, it announced that the app had become available for the over 200,000 people who had signed up on its waitlist. Sports event contracts are the first to appear […]
Polymarket Officially Returns to the US Read More »
Hard Rock Bet has partnered with Island Resort & Casino and the Hannahville Indian Community to launch its online casino and sportsbook in Michigan. The launch marks Hard Rock Bet’s 10th sports betting market, and second state where it offers its online casino. Marlon Goldstein, Executive Managing Director-CEO of Hard Rock Digital, said, “This expansion
Hard Rock Bet Launches in Michigan with Island Resort & Casino Partnership Read More »
Ohio’s four casinos reported revenue of $87.2 million last month, up from the previous year’s figure of $83 million and representing a year-on-year increase of 5%. The figures, published by the Ohio Casino Control Commission, revealed that of this amount, slot games yielded $63.9 million, up 6.2% from $60.1 million recorded the previous year, and
Ohio Casinos Report 5% Revenue Growth in October Read More »
New York’s four commercial casinos generated $56 million in revenue for October, up from the previous year’s total of $53.7 million and representing a year-on-year increase of 4.3%. The figures, published by the New York State Gaming Commission, revealed that of the combined total, slot games produced $43.1 million in revenue, up 7.1% year-on-year from
New York Casino Revenue Rises 4.3% Year-on-Year in October Read More »
DraftKings’ Co-Founder and CEO, Jason Robins, underlined the potential for prediction markets to drive the legalization of iGaming and sports betting in the US in the company’s Q3 2025 earnings letter. The update discussed Robins’ plans to launch the new DraftKings Predictions platform “in the coming months”. The company’s expected sports events contracts platform will
DraftKings CEO Discusses Expansion Through Prediction Markets in Q3 2025 Update Read More »
Entertainment company and gambling operator PENN Entertainment and sports media conglomerate ESPN have announced a mutual decision to prematurely terminate their exclusive US online sports betting agreement, effective December 1 this year. The original commercial agreement, which was announced back in August 2023, carried an initial ten-year term and included a clause that enabled either
Sportsbooks have issued refunds for losing wagers on a Las Vegas UFC fight after detecting suspicious betting activity. Both William Hill and Caesars sportsbooks have issued refunds to bettors after Isaac Dulgarian saw his favourites drop from -250 to a less promising -150 in the hours leading up to his featherweight fight against Yadier de
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Sports betting, iGaming, and daily fantasy sports operator DraftKings has confirmed the acquisition of the federally regulated trading exchange Railbird. The events contracts exchange platform is designated by the Commodity Futures Trading Commission (CFTC), making it one of the few exchanges in the US authorized to offer trading on real-world outcomes under federal oversight. This
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Sportsbook and iGaming operator BetMGM has extended its partnership with the NFL’s Pittsburgh Steelers and will remain the official sports betting, online casino, and gaming partner through to the 2029 season. The agreement will also continue the Decade of Black & Gold Sweepstakes, a competition for Pittsburgh and West Virginia fans who can enter by
BetMGM Extends Partnership with Pittsburgh Steelers to 2029 Season Read More »
Prediction market platform Kalshi has raised $300 million in its Series D funding round, valuing the prediction site at $5 billion. Investors included venture firms Sequoia Capital, Paradigm, CapitalG, Coinbase Ventures, as well as a new investor in Andreessen Horowitz. The latest funding follows on from a Series C funding round in June, which granted
Kalshi Announces Global Launch as Valuation Hits $5 Billion Read More »