Flutter Entertainment announced it will enter the event contract market, partnering with CME Group, a financially regulated, leading prediction market provider. FanDuel, the Flutter-owned US online gaming operator, will launch these products later this year and make them available to its US customer base. These contracts will allow FanDuel’s US customers to wager as little […]
FanDuel Going Into The Event-Contract Space Read More »
BetMGM has released its Q2 net revenue figures for 2025, showing a 36% increase year-on-year. Revenue for this quarter was $692 million, and EBITDA was $86 million, up from $78 million the previous year. Of the Q2 2024 net revenue, iGaming accounted for 69% of the total. In Q2 2025, that dropped to 66%, amounting
BetMGM Posts 36% Net Revenue Increase Year-on-Year in Q2 Read More »
US gambling company DraftKings and its partner, Resorts Atlantic City, have reached a confidential settlement in a civil lawsuit accusing them of enabling and exploiting a compulsive gambler. As per the lawsuit, the compulsive gambler, identified only as Mdallo1990, allegedly stole nearly $1 million from his family to fund his addiction. The civil case was
DraftKings Settles Nearly $1m Lawsuit With New Jersey Family Read More »
Louisiana mobile sports betting operators generated a $368.3 million betting handle in October 2024, a 33.3% increase year over year and a 15.1% jump month over month. The retail sports betting handle also rose by 6.1% month over month and 3.7% year over year. However, the Louisiana Gaming Control Board (LGCB) data showed that revenues
Louisiana October Betting Revenue Falls Despite Higher Handle Read More »
New Jersey is the first state in US history to launch a sports betting exchange. Prophet Exchange went live in the state in August 2022 and already has hundreds of users.
The US First Sports Betting Exchange Opens in New Jersey Read More »
On May 12, Governor Laura Kelly signed SB84 to legalize sports betting in Kansas. The US state is the second to do so this year, after a Maine bill was signed on May 2. By signing the bill, Kansas has overtaken Missouri in the so-called “Border War”, with the Show-Me State failing to take legal action towards sports wagering.
Kansas Sports Betting Preparing For Launch Read More »
Ontario became the first province in Canada to take advantage of the C-218 bill and legalize single-game wagering earlier this year. The province launched single-game wagering with government-backed sportsbooks in December 2021 and announced its intentions to welcome commercial sportsbooks in January 2022. The regulated sports betting market went live on April 4, 2022. More
Ontario Prepares for Betting Market Growth Read More »
Maine Governor Janet Mills signed LD585, the state’s sports betting bill, into law last Monday. After both the Maine House and Senate supported the bill last month, it picked up massive popularity within the Pine Tree State. This support culminated in Gov. Mills’ approval on 2 May, effectively legalizing sports betting within the state. While
Maine Becomes 2022’s First US State to Legalize Sports Betting Read More »
March Madness is one of the most popular sports events of the year for American bettors, where dozens of teams from the NCAA play games over an intensive month. There are plenty of shocks and surprises along the way, which is why sports fans love it so much.
March Madness Fuels Betting Growth Read More »
On April 4, 2022, Ontario became the first province in Canada to regulate online sports betting and gambling. From this date, players in ON can find dozens of licensed betting sites with guarantees of player safety. While it is very early for this new market, there are already signs that Ontario could become a massive market for online sports betting.
Strong Debut for Betting in Ontario Read More »