New York Casino Revenue Rises 4.3% Year-on-Year in October
2025-11-11
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 $40.2 million. In contrast, table…
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DraftKings CEO Discusses Expansion Through Prediction Markets in Q3 2025 Update
2025-11-07
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 complement DraftKings’ existing sportsbook offerings,…
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PENN Entertainment and ESPN Reach Early Termination Agreement for US Online Sports Betting Agreement
2025-11-06
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 party to end the agreement…
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Suspicious Odds Activity Leads to Losing Bettors Receiving Refunds
2025-11-05
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 Valle. The fight was removed…
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DraftKings Expands into Prediction Markets with Acquisition of Railbird
2025-10-22
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 move marks the gambling operator’s…
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BetMGM Extends Partnership with Pittsburgh Steelers to 2029 Season
2025-10-20
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 opting in weekly through January…
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Kalshi Announces Global Launch as Valuation Hits $5 Billion
2025-10-14
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 unicorn status after it…
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New York Casinos Generate $57.6 Million in September, NYC License Battle Heats Up
2025-10-13
New York commercial casinos generated $57.6 million in September, a 3.1% increase from the $55.9 million generated in 2024. The figures, published by the New York State Gaming Commission, revealed that of this total, slots generated $40.7 million, a 3.5% increase year-on-year, and table games also saw a 5.9% rise, generating $15.2 million. Rivers Casino & Resort recorded the highest…
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Kansas Raises $26M Professional Sports Fund, Driven by Sports Gambling
2025-10-07
Kansas has amassed over $26 million in a fund, built from sports gambling revenue, dedicated to attracting professional sports teams to the Sunflower State. The Attracting Professional Sports to Kansas Fund aims to draw in sports teams, particularly those located in Missouri, including the Kansas City Chiefs and Kansas City Royals. Kansas lawmakers have been trying for years to move…
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FanDuel Becomes Official Odds Provider for NBA, WNBA in Amazon Partnership
2025-10-02
FanDuel has announced its partnership with Amazon, becoming the official odds provider for the NBA and WNBA on Prime Video. The deal is an effort to increase viewership from basketball fans. The new bet tracking feature provided by FanDuel will keep fans informed about all live odds for games. It will also allow fans who have linked both accounts to…
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Underdog Announces Responsible Gaming Partnership with Sportradar
2025-09-29
Daily fantasy sports (DFS) operator Underdog has partnered with sports data and technology group Sportradar to incorporate the responsible gambling tool Bettor Sense in an effort to identify those who show signs of gambling addiction. Launched in July of this year, Sportradar’s AI-powered tool identifies excessive gambling through client activity. Care services through the addiction counseling group Birches Health are…
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Allwyn to Acquire Majority Stake in PrizePicks for $1.6B
2025-09-23
European lottery and gaming entertainment company, Allwyn International, has agreed to acquire 62.3% of US daily fantasy sports (DFS) operator PrizePicks, in a deal that values PrizePicks at $2.5 billion. The transaction, announced on September 22, discloses that Allwyn will pay $1.6 billion in cash, with additional performance-based payments that could raise the DFS operator's valuation to $4.15 billion. PrizePicks,…
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Wynn Resorts Puts Guests First, Removes Triple-Zero Roulette
2025-09-17
Wynn Resorts has eliminated triple-zero roulette from its casino floor, responding to criticism over the higher house edge tied to the game. The triple-zero formats, which added an extra slot beyond the standard single- and double-zero wheels, gave the house an advantage of 7.69% compared with 5.26% on double-zero roulette. Many gamblers and analysts believed this version was not favoring…
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Gambling Tax Bills Stall In Wyoming Committee
2025-09-11
Wyoming lawmakers adjourned a committee meeting early after disagreeing on a series of gambling taxation bills. The Select Committee on Capital Financing and Investments had been scheduled to review four draft bills, but House-Senate divisions halted progress. The first bill for a central monitoring system passed the Senate but was blocked by House Freedom Caucus members. A second proposal to…
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Hard Rock Bet Replaces DraftKings as The Volume Partner
2025-09-05
The Volume, founded by Colin Cowherd, has signed a multimillion-dollar deal making Hard Rock Bets not just their new presenting sponsor, but also their exclusive sportsbook partner, thus replacing DraftKings. The new agreement between The Volume and Hard Rock Bets will integrate Hard Rock branding across all of The Volume's 20+ podcasts, YouTube shows, and social media channels, including The…
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Virgin Hotels Las Vegas Teams Up With William Hill For Enhanced Sports Betting
2025-09-03
Virgin Hotels Las Vegas has entered into a new partnership with William Hill Nevada to oversee its sportsbook operations. The deal, announced in time for the start of the NFL season, will see William Hill take over both in-person and mobile sports betting at the property later this year. The arrangement significantly expands the sports betting options available at its…
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NCAA and Venmo Join Forces to Shield College Athletes from Gambling Harassment
2025-08-28
Venmo and the NCAA have launched a partnership to combat the harassment of college athletes linked to sports betting. The initiative includes a dedicated reporting hotline, enhanced monitoring of athlete accounts, and educational resources for students. The partnership addresses a growing concern for the betting industry, where athletes receive unwanted payment requests and abusive messages from disgruntled bettors after lost…
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Product Madness Launches NFL-Themed Social Casino App
2025-08-22
Product Madness, Aristocrat Leisure’s social casino division, launched NFL Super Bowl Slots, its first free-to-play mobile game licensed by the NFL. Developed with the NFL and the NFL Players Association, the app allows players to select any of the 32 teams and play branded slot games featuring NFL footage, bonus features, and seasonal content. "With NFL Super Bowl Slots, we…
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FanDuel Going Into The Event-Contract Space
2025-08-22
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 as $1, selecting ‘yes’ and…
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Novig Pulls All Operations In New Jersey After Sweepstakes Ban
2025-08-21
Prediction market operator Novig has left New Jersey after new legal restrictions were introduced, just days after announcing its Series A funding round, which raised $18 million. In an email to New Jersey customers, Novig declared that platform usage would be “required to restricted platform usage for users located in the state of New Jersey.” New Jersey's Governor Phil Murphy…
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Kalshi Introduces New Contracts in Time for NFL, Despite State Controversy
2025-08-19
Prediction-market exchange platform Kalshi has informed the Commodity Trading Futures Commission (CFTC) that it has introduced new sports event contracts for the upcoming NFL season. The newly introduced contracts, which are currently limited to football, give users the opportunity to trade based on points totals, overall scores, and the number of touchdowns a player will score in a game. In…
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Maine Casinos Report 1.5% Revenue Increase Year-on-Year in July
2025-08-15
Maine commercial casinos generated just over $15 million in revenue in July, up 1.5% from the $14.8 million generated in July 2024. The latest report from the Maine Gambling Control Unit, the state's gambling regulator, shows that of the total revenue, slots accounted for 86%, generating $12.7 million, up 1.9% from the $12.5 million generated the year prior. Table games…
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Indiana Casinos Generate $192.9 Million in July, up 0.4% Y-o-Y
2025-08-14
Indiana casinos generated $192.9 million last month, up from the previous year’s figure of $192 million, recording a minor rise of 0.4% year-on-year. The figures, published by the Indiana Gaming Commission, report that this total slot revenue is $173.5 million, up 1.7% year-on-year from $170.6 million. Table games also recorded a minor year-on-year revenue increase of 0.1%, rising from $35.4…
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FanDuel Ceases Operations on Tribal Land After Cayuga Nation Request
2025-08-13
The Cayuga Nation, an alliance of New York Native American tribes, has said mobile sportsbooks, including FanDuel, have ceased operations on its reservation after it was informed that such activity violates federal and tribal gaming laws. Class III games, including mobile sports betting, are allowed on tribal lands under the Indian Gaming Regulatory Act, with both a federally approved gaming…
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DraftKings CEO Criticizes Trump Changes to Gambling Tax
2025-08-08
The CEO of sportsbook and Daily Fantasy Sports (DFS) platform DraftKings, Jason Robins, has criticized President Donald Trump’s One Big Beautiful Bill Act and its decrease in gambling loss deductions from 100% to 90%. In an interview with CNBC, Robins told Jim Cramer that it was a “very strange change.” Previously, if a gambler won $1,000 gambling through the year,…
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ESPN BET Launches FanCenter Fantasy Sports Integration
2025-08-07
ESPN BET has introduced a new feature called FanCenter, which integrates ESPN Fantasy rosters directly into its betting app. By linking their ESPN accounts, users can now access personalized betting insights through the “For You”, with personalized betting options based on players' favorite teams, fantasy rosters, and previous wagers. The system also includes the Fantasy Bet Builder, which will let…
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Wyoming Skill-Based Game Revenue Increases 1.1% Year-over-Year in June
2025-08-04
Wyoming skill-based games generated revenues of $12.3 million in June 2025, a 1.1% increase compared to $12.2 million generated in June 2024. The Wyoming Gaming Commission reported that while revenues increased, net proceeds decreased 5.4% year over year, with players receiving $9.5 million in payouts in June 2025, compared to $9.2 million in June 2024. Five of the fourteen vendors…
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Evolution Gaming Renews Agreement as Live Casino Provider For PokerStars
2025-08-01
Live casino software provider Evolution Gaming announced that it had renewed its partnership with PokerStars. The new agreement gives Evolution exclusivity as the provider of live casino games for PokerStars in the US. PokerStars, part of Flutter Entertainment, can offer players in New Jersey, Michigan, Pennsylvania, and Ontario access to Evolution's portfolio of live dealer casino games and game shows.…
Read More BetMGM Posts 36% Net Revenue Increase Year-on-Year in Q2
2025-08-01
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 to $891 million in net…
Read More Ohio Governor Hardens Opposition to Legalization of Online Casinos
2025-07-25
Ohio Governor Mike DeWine has said he does not support the legalization of online casino gambling in the state. Speaking at his annual visit to the Ohio State Fair, DeWine said that the state probably has enough gambling as it is and would not support bills put forward by the state Senate and House to expand gambling further. While the…
Read More Hard Rock Bet Launches its Colorado Sportsbook
2025-07-24
Sports betting site Hard Rock Bet has expanded to Colorado, which is the ninth US state where Hard Rock Bet is live. Hard Rock Bet becomes the 13th online sportsbook operational in the state, which hasn't debuted a new sportsbook since 2024. The online sportsbook will offer several features to players in Colorado, including the Unity by Hard Rock loyalty…
Read More DraftKings Settles Nearly $1m Lawsuit With New Jersey Family
2025-07-22
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 filed by Lisa D’Alessandro on…
Read More Kalshi Lawyer Claims “Odds” and “Bets” Advertising Don’t Make it a Sports Betting Platform
2025-07-21
A lawyer working for a company representing Kalshi has claimed that the sports predictions platform Kalshi's use of odds and advertising bets does not make the site a sports betting platform. Josh Sterling, who works for Milbank, argues that while Kalshi presents bettors with the option to change pricing to American odds, Kalshi does not set the odds. Market fluctuations…
Read More New Jersey Gaming Revenue Increases Over 18% Year-on-Year in June
2025-07-18
The New Jersey Division of Gaming Enforcement has released its overview of gambling revenues in the state for June 2025. It shows that casinos and online partners generated $581.6 million in gaming revenue, an 18.4% increase from the $491 million generated in June 2024. Land-based casino gambling led the way with $259 million in revenue, with Borgata Hotel Casino &…
Read More NBA Board of Governors Authorizes Formal Expansion Study
2025-07-17
NBA Commissioner Adam Silver said Tuesday that the NBA Board of Governors has formally instructed the league office to review potential expansion thoroughly. The directive, provided at meetings in Las Vegas, is the first formal league-wide move toward considering adding teams. No timeline has been established, but the study will concentrate on essential business considerations, talent imbalance, and competitive balance.…
Read More Game Changer: Judge Approves $2.8B Deal to Pay College Athletes
2025-06-09
College athletics has reached a turning point, when on Friday, June 6, a federal judge approved an unprecedented $2.8 billion settlement that will, for the first time, enable U.S. colleges to compensate student-athletes directly, putting an end to the amateur system that has dominated college athletics for over 100 years. For centuries, NCAA rules banned universities from paying athletes anything…
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Flutter First Quarter Results Hindered by March Madness, Despite 8% Year-on-Year Rise
2025-05-08
Global sports betting company Flutter has announced its 2025 first quarter results, which showed both earnings per share and revenue figures falling short of analysts’ expectations. The company recorded an adjusted earnings per share figure of $1.59, which was up 51% on a year-on-year comparison but was significantly lower than the $1.89 Wall Street consensus had predicted. Quarterly revenue for…
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Texas Lottery Commission Bans Online Courier Sales
2025-05-01
The Texas Lottery Commission has voted to ban third-party couriers' online sale of lottery tickets, reversing its long-standing position on the issue. The ban, passed unanimously on Tuesday, means that the Texas Lottery Commission has the power to remove the lottery license of any business that works with couriers. Couriers have operated in Texas for around a decade. These are…
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Caesars Entertainment Partners with AGS to Launch Exclusive Slot Title
2025-04-17
Casino entertainment company Caesars Entertainment has announced that it will extend its partnership with slot developer AGS to become the first online casino to host the Triple Coin Treasures brand of slot games. The launch is set to happen later in 2025, with a rebooted Caesars-themed title. Before that, AGS and Caesars will release Shamrock Fortunes as part of the…
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NFL Draft Betting Guide: How and Where to Bet Legally
2025-04-17
The NFL Draft is one of the most exciting times for football fans, as they get to see their favorite College Football athletes join the professional league. However, the 2025 NFL Draft is also fun for bettors, who rely on talent evaluations and value differences between players to find valuable bets instead of focusing on game outcomes. If you want…
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Incentive Games and Light & Wonder partner to distribute content across North America and Europe
2025-04-15
Online gaming provider Incentive Games has revealed its new distribution deal with the online casino game developer Light & Wonder to distribute Incentive Games pay-to-play games across three continents. As part of the new deal, Incentive Games can distribute its online games, including its new arcade-style games, with help from Light & Wonder across several regulated markets, including North America,…
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Lawmakers in South Carolina Propose Horse Betting Bill
2025-04-08
South Carolina lawmakers in the Senate Judiciary subcommittee have discussed a proposal led by Senator Michael Johnson, dubbed the Equine Advancement Act, to revive the state’s horse racing industry. The proposed legislation would legalize online horse betting through mobile apps, which South Carolinians could use to bet on horse racing. Proponents of the bill believe that legalizing online horse gambling…
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Massachusetts Lawmakers Propose Stricter Limits on Sports Gambling
2025-03-28
Senator John Keenan has pitched a new bill, SD 1657, also known as the Better Health Act, to Massachusetts lawmakers. The bill's key components include an increased sports betting tax for operators from 20% to 51%, a ban on sports gambling-related advertisements on broadcasts, and a requirement that sportsbook operators contribute more to the state’s Public Health Trust Fund. If…
Read More BetMGM Canada Hit with CA$110,000 Fine for Inducement Marketing
2025-03-27
Ontario’s gaming regulator, the Alcohol and Gaming Commission of Ontario (AGCO), has fined online operator BetMGM Canada CA$110,000 for allegedly offering cash to get new customers to sign up to its platform. The news broke on Wednesday when the Gaming Commission disclosed that BetMGM had offered cash and rewards to players who opened new accounts on three occasions between January…
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Nebraskan Sports Betting Bill Advances from Legislative Committee
2025-03-26
A sports betting bill allowing Nebraska residents to vote to legalize sports betting in the state has advanced from a Nebraska Legislative Committee with a six-two vote. Legislative Resolution 20CA, introduced by Senator Eliot Bostar, would authorize online sports betting at licensed racetracks and require Nebraskans to be in the state when placing a bet. Potential revenue would go towards…
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Michigan Gaming Control Board Continues Efforts to Ban Offshore Operators
2025-03-25
The Michigan Gaming Control Board has revealed that it has sent cease-and-desist letters to a further ten unregulated operators in its efforts to protect lawful gaming in the state. Following its investigation, the Michigan regulator found that ten online gaming platforms, owned by Belize-based company Apex Dynamics Ltd., had been offering casino-style games to Michigan players. The offshore operators included…
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Maryland Sportsbooks Affected by Potential Tax Hike in 2026 State Budget
2025-03-24
Maryland’s mobile sportsbooks may soon be affected by a tax increase introduced in the state budget for 2026. Governor Wes Moore and the Maryland General Assembly have agreed upon a framework for the state budget, which aims to tackle the state’s $3 billion budget deficit. Maryland lawmakers would introduce new taxes and significant cuts to state spending in the proposed…
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Poker Player Abby Merk Becomes BetMGM Poker Ambassador
2025-03-20
Sports betting and online casino operator BetMGM has partnered with professional poker player and content creator Abby Merk. She will become an ambassador and content partner for the BetMGM Poker brand. As part of the agreement, Merk will participate in in-person poker events and create content for BetMGM across major social media platforms. BetMGM wants to expand its BetMGM Poker…
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Maryland Regulator Sends Cease-and-Desist to Australian Sweepstakes Casino
2025-03-18
The Maryland gaming regulator, Maryland Lottery and Gaming Control Agency, issued a cease-and-desist letter to Virtual Gaming Worlds, an offshore sweepstakes casino, after it was found that it had been operating unlawfully in the Old Line State. The cease-and-desist letter was sent to the Australian operator after a Virtual Games World lobbyist testified against a sweepstakes ban hearing the day…
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Hawaii Digital Sports Wagering Bill Advances from Senate Committee
2025-03-17
Hawaii’s online sports wagering and fantasy sports contest bill, House Bill 1308, progressed from the Senate Committee on Commerce and Consumer Protection and Economic Development and Tourism last Thursday with a mixed reception from lawmakers and lobbyists. The latest amendment to the House Bill specifies that sports wagering and fantasy sports contests would not be considered contests of chance or…
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North Carolina Celebrates First Year of Online Sports Betting
2025-03-12
The North Carolina State Lottery Commission has released a report celebrating the state’s first year of online sports betting. The framework for legal online sports betting in the Tar Heel State began in 2023, when the North Carolina General Assembly passed HB347. Over the next six months, the Commission created the sports wagering program currently in place, and in December…
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Nebraska Lawmakers Consider Allocating Online Sports Betting to Electoral College Vote
2025-03-11
In a three-hour hearing, Nebraska lawmakers from its legislature General Affairs Committee listened as proponents and opponents of its online sports betting bill LR20CA said their piece as lawmakers consider implementing a winner-take-all system by adding it to the next electoral ballot, leaving it up to Nebraskans to vote on the bill’s outcome. Currently, bettors from the Cornhusker State have…
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Mississippi Sports Betting Bill Faces Roadblock in Senate
2025-03-10
Mississippi House lawmakers have endeavored to legalize mobile sports betting with SB2381 and SB2510. However, SB2510 did not have the support required to pass in the Senate, with David Blount, Senate Gaming Chairman, stating that he did not support the measure. House Gaming Chairman Casey Eure expressed frustration, commenting, “This shows how serious we are about mobile sports betting. I’ve…
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Hawaii Sports Betting Bill Progresses to Senate
2025-03-07
Hawaii is one step closer to legalizing sports betting in the Aloha State. House Bill 1308, pushed by Representative Daniel Holt, has passed in the House of Representatives with a 35-15 vote, moving on to the Senate. Hawaii is one of two states that have no form of regulated gambling, the other being Utah. HB1308 would introduce the regulation of…
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Nevada Regulator Directs Kalshi to Close Sports and Election Prediction Markets
2025-03-06
The Nevada Gaming Control Board (NGCB) has ordered Kalshi to stop providing sports and election markets in the state because it lacks a license. According to the board, event-based contracts on sports and elections are not allowed in Nevada without the permission of the Nevada Gaming Commission.Kalshi has been trading under the Commodity Futures Trading Commission (CFTC) for over four…
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Flutter Entertainment reports Q4 revenue up 14% year-on-year
2025-03-05
The online sports and igaming operator Flutter Entertainment has revealed its fourth-quarter revenue for the 2024 financial year, producing US$3.8 billion, a rise from US$3.3 billion reported the previous year. In addition to revenue, net income loss was also down this year from US$902 million to US$156 million, and adjusted EBITDA was up 4% year-over-year, increasing from US$632 million to…
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Kip Levin Appointed as GeoComply CEO
2025-03-04
GeoComply, a geolocation security and fraud prevention service provider, has announced that Kip Levin will become its new Chief Executive Officer, effective March 4. Levin brings over a decade of experience to the role, most recently working for FanDuel as its CEO of US business. Before that, he was Senior Vice President at Ticketmaster and oversaw Ticketmaster’s expansion into mobile…
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Georgia Senate Cease Online Sports Betting Bill
2025-03-03
Last Thursday, the Georgia senate voted overwhelmingly against bill SR 131, which would have placed legalizing sports betting and casinos on the ballot for November. If the bill had passed and been approved by voters, it would have legalized online sports betting and casino gambling in Georgia, with a 20 percent taxation rate. The tax revenue would have been evenly…
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Jackpot Digital Granted Maine Gambling License
2025-02-28
Electronic table poker provider Jackpot Digital has extended its operations into Maine after being granted a gaming license from the Maine gambling regulatory body, Maine Gambling Control Unit (MGCU). The license marks the first US state-issued license given to Jackpot Digital, allowing the group to source its electronic poker tables and casino machines in the Pine Tree State. "Receiving approval…
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Kambi Group Reports €44.5M in Fourth-Quarter Earnings
2025-02-27
B2B sports betting service provider Kambi Group has reported its 2024 Q4 and full-year revenue. Kambi made €44.5 million and €176.4 million in revenue, respectively. Kambi Group reported that adjusted EBITA for Q4 was €7.1 million, representing a margin of 16% but down 6% year-over-year, and €25.3 million for the 2024FY, a margin of 14.3%, up 5% year-over-year. Operating profit…
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Caesars Entertainment Reports $2.8 Billion in Revenue in 2024 Q4
2025-02-26
Casino and entertainment company Caesars Entertainment has reported its Q4 and FY2024 revenue, producing $2.8 billion and $11.2 billion, respectively, slight decreases compared to the previous year. Caesars Entertainment also reported the net revenues for its individual branches. Caesars Las Vegas earned $1.1 billion in revenue during its fourth quarter, Caesars Regional produced $1.3 billion, and Caesars Digital produced $302…
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4 Nations Face-Off Breaks Sports Betting Records
2025-02-25
On February 20, Canada faced the United States in the finals of the 4 Nations Tournament, defeating Team USA 3-2. This made the hockey game the most-bet-on hockey event for online operators, with DraftKings recording its highest-ever handle for a hockey game. "Handle for the 4 Nations Final surpassed last year's World Series games and was on par with Sunday…
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Fresno State Men’s Basketball Team Investigated for Gambling Activities
2025-02-24
Two men’s basketball student-athletes on the Fresno State basketball team have been accused of placing bets on games they had participated in. According to ESPN sources, junior forward Mykell Robinson has been removed from the team for placing bets on the Bulldog men’s basketball team that they would score lower points and rebounds in matches. ESPN also reports that Guards…
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US Gaming Revenue Hits Record $71.92 Billion in 2024
2025-02-21
The American Gaming Association released its report on US gaming in Q4 2024 and 2024 as a whole, revealing operators generated gross gaming revenue of $71.92 billion across all verticals. Most of this came through land-based gambling operations, including land-based casinos and retail sportsbooks, providing 70% of the total through $50.32 billion. Online gaming through sportsbooks and casinos added the…
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Light & Wonder Agrees to $1.05 Billion Acquisition of Grover Charitable Gaming
2025-02-20
Charitable gaming operator Grover Gaming has announced it will sell its charitable gaming assets under the Grover Charitable Gaming name to game developer and technology provider Light & Wonder for $1.05 billion. The deal will include $850 million in cash which will be paid at the close of the transaction and another $200 million in cash based on financial targets…
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PlayStar Announces New Advisory Board
2025-02-19
New Jersey iGaming operator PlayStar has formed a new advisory board. The board will back the company’s initiatives to maintain growth in the Garden State while seeking additional expansion opportunities. The Advisory board brings together six figures from within the iGaming and investor communities: John Finamore, Jai Maw, Carl Sottosanti, Alison Digges, Richard J. St. Jean, and Terrence Gray. The six…
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New Jersey Hits $553.9 Million in Gaming Revenue in January
2025-02-18
The New Jersey Division of Gaming Enforcement has released the gambling figures for the Garden State in January 2025, revealing online casinos collected $221.6 million. That was a 20.9% increase compared to the total collected in January 2024. Meanwhile, land-based casinos generated revenues of $210.1 million in January 2025, a year-on-year increase of 2.6%. January 2025 was the second month…
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Colorado, New Hampshire, and Oregon Release Super Bowl LIX Betting Numbers
2025-02-17
Colorado, New Hampshire, and Oregon have released details on sports betting figures for Super Bowl LIX, in which the Philadelphia Eagles defeated the Kansas City Chiefs 40-22. The Colorado Division of Gaming revealed a record-breaking handle of $48.2 million on the game, with $47.2 million of those wagers coming from online sportsbooks. $29.8 million was placed on February 9, the…
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Lawmakers File Bill to Legalize Online Sports Betting in Texas
2025-02-14
Representative Sam Harless submitted House Joint Resolution 134 on Wednesday, which if it passes, will legalize online sports betting in Texas. However, the change would require an amendment of the Texas constitution, with voters ruling on that in a November ballot. Another bill was introduced with House Joint Resolution 134, House Joint Resolution 137, which proposes bringing online sports betting…
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IC360 and Pennsylvania Partner to Provide Collegiate Gambling Education Program
2025-02-13
Integrity Compliance 360 (IC360), a global technology and consultancy group, has partnered with the Commonwealth of Pennsylvania, a non-profit organization affiliated with the National Council on Problem Gambling, to provide the Pennsylvanian Collegiate its gambling education program. The collaboration aims to educate Pennsylvanian student-athletes on the harms of gambling, either online or land-based, and how to stop them from developing…
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New York Online Sportsbooks Rise by 64.3% Month-on-Month in January
2025-02-12
Mobile sports wagering reached new records in New York in January. Bettors in the Empire State wagered over $2.48 billion, the highest amount in NY history and the fifth consecutive time players have wagered more than $2 billion during the month. This was a 64.3% month-over-month increase, with December only generating a handle of $2.28 billion. In addition to New…
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GeoComply Reports a 14% Increase in Active Accounts for Super Bowl LIX
2025-02-11
Geolocation compliance technology provider GeoComply reported a 14% increase in active players over the Super Bowl LIX weekend compared to Super Bowl LXIII weekend. During Super Bowl LIX, the Philadelphia Eagles beat the Kansas City Chiefs 40-22. GeoComply recorded nearly 535,000 geolocation transactions from over 60,000 active accounts in New Orleans over the Super Bowl weekend. Active users within the…
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Sportradar extends its partnership with MLB until 2032
2025-02-10
Swiss sports technology company Sportradar has announced that it will extend its partnership with American sports league Major League Baseball (MLB) until 2032. As part of the collaboration between the two organizations, MLB will receive an equity stake in Sportradar. In contrast, Sportradar will become the exclusive distributor of MLB’s ultra-low latency official data, media content, and audiovisual content. Sportradar…
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Super Bowl LIX Odds
2025-02-07
With Super Bowl LIX edging closer, more fans are putting some skin in the game and placing bets on it. As the Kansas City Chiefs take on the Philadelphia Eagles on February 9, a rematch of Super Bowl LVII, it looks like sportsbooks are favoring the reigning champs, the Chiefs, at the moment. The Chiefs are favorites to win on…
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Animals Predict Super Bowl LIX
2025-02-06
Animals predicting Super Bowl winners is absurd, but every year, these feathered and furry fellows steal the show with their unusual forecasting methods. Take Fiona the Hippo of the Cincinnati Zoo - she's enjoyed quite the following after correctly predicting the Kansas City Chiefs' victory at Super Bowl LIV. Then there's Ozzy the Grizzly Bear from ZooMontana, who has been…
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The Weirdest Super Bowl LIX Prop Bets
2025-02-05
One of the many standard traditions accompanying the Super Bowl returns this year: utterly bizarre prop bets. Yes, betting on the game’s outcome is classic, but getting creative with the bets makes it more fun. There are prop bets regarding how often certain people, like NFL Commissioner Roger Goodell or celebrities like Taylor Swift, appear during the broadcast. Other wagers…
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Before 30: Patrick Mahomes vs Tom Brady
2025-02-04
Tom Brady is widely considered the greatest quarterback of all time, if not the best NFL player ever. He won seven Super Bowls in his career, more than any NFL franchise. His career stretched into his 40s and saw success from start to finish. Meanwhile, Patrick Mahomes is indisputably the best quarterback in the NFL at the moment and already…
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Super Bowl LIX Halftime Show Brings Entertainment and Betting Opportunities
2025-02-03
The Super Bowl halftime show is more than a break between halves; it's a cultural event that commands its own audience. From Prince's legendary, rain-soaked performance in 2007 to Lady Gaga's aerial entrance in 2017, these shows are nothing short of iconic. There’s plenty of anticipation for the Super Bowl LIX Halftime Show on February 9 at Caesars Superdome in…
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Illinois and Maryland Reviewing DFS Legalization Bills
2025-01-30
Lawmakers in Illinois and Maryland have introduced bills legalizing against-the-house Daily Fantasy Sports (DFS) contests. In Illinois, Senator Lakesia Collins has introduced the Fantasy Sports Consumer Protection Act, SB 1224, to legalize all DFS contests, both peer-to-peer and against the house. The bill places the Illinois Gaming Board as the regulatory authority over DFS activity. SB 1224 also amends the…
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Indiana iGaming Bill Receives First Approval
2025-01-29
Indiana is one step closer to legalizing iGaming, where online casino and lottery games could start as early as September. House Bill 1432, which would legalize both, passed the House Public Policy Committee by a vote of 9-2 after a contentious debate. Bill sponsor Representative Ethan Manning described the proposal as a way of modernizing Indiana's gaming sector while incorporating…
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Vermont’s Sports Betting Revenue Hits $1.6 Million in December
2025-01-16
The Vermont sports betting market recorded an adjusted gross revenue (AGR) of $1.6 million off a total handle of $24.4 million in December last year. According to the Department of Liquor and Lottery, those figures show the continuing upward trajectory for sports betting in the state. American football was the top sport of the month regarding betting, having a handle…
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Casino Revenue Weekend Round-up
2025-01-13
Four states, Indiana, Iowa, New York, and Delaware, announced their casino revenue for December over the weekend. Indiana casinos reach $198 million in gross revenue for December The Indiana Gaming Commission reported that its casinos generated more than $198 million in assorted gross revenue, with table wins reported at $36.4 million for the month and slot wins at $173 million. …
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Online Sports Betting Delivers $4.5 Million to New Hampshire Education in Record-breaking Month
2025-01-08
November 2024 was a historic month for the state. The New Hampshire Lottery announced that it had generated more than $4.5 million in direct support for public education. Bettors wagered $75 million for online sportsbooks in November, an 8% month-on-month increase compared to October, generating a handle of $69.5 million. Since mobile sports betting was launched in 2019, New Hampshire…
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December Sports and Casino Revenue Recap
2025-01-03
Colorado November Sportsbook Revenue Totals $55 Million According to a new report from the Colorado Department of Revenue (CDOR), the state generated a combined handle of $55.6 million, a 41.5% month-on-month increase for gross gaming revenue, making $38 thousand in retail sportsbooks and $55.6 million for online. Total net sports betting proceeds for the month came in at $40.5 million,…
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Bill Introduced to Ban Election Betting in the US
2024-12-24
Late last week, Representatives Jamie Raskin and Andrea Salinas introduced a new bill that seeks to prohibit betting on US elections. The Ban Gambling on Elections Act would amend the Commodity Exchange Act, enacted in 1936, to ban political wagering of any kind. It is the companion to Senator Jeff Merkley’s legislation and responds to concerns that election betting could…
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Massachusetts November Casino Revenue Above $100 Million
2024-12-24
According to a new report from the Massachusetts Gaming Commission (MGC), the state’s three casinos generated over $100.8 million in revenue in November. This includes $63.1 million from Encore Boston Harbor, $23.1 million generated by MGM Springfield, while Plainridge Park brought in the remaining $14.6 million. The latest figure is the highest since around $103 million collected in August and…
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Louisiana Riverboat Casino Revenue Increases By 8% Year-on-Year
2024-12-24
The fourteen riverboat casino licensees in Louisiana collected $151.8 million in revenue in November, according to a new report from the Louisiana Gaming Control Board. The figure marks an 8% increase from $140.5 million collected in the same month last year, with ten venues reporting higher revenues this November. One casino drove the year-over-year growth. That was Treasure Chest Casino,…
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Mississippi Casino Revenue Rises to $207 Million for November
2024-12-20
Magnolia State casinos earned $207.5 million in revenue in November 2024, according to new data from the Mississippi Gaming Commission. The total marks an increase from $191.6 million last November and is also up month-on-month. In October, casino revenue came to $193.4 million. A separate report reveals that Mississippi sportsbooks generated over $8.0 million in monthly revenue, up 159% year-over-year.…
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Wyoming Sports Betting Revenue Rises in November Despite Lower Handle
2024-12-19
More than $22.8 million was wagered with Wyoming online sportsbooks in November, according to a new Wyoming Gaming Commission (WGC) report. This figure represents a 7% drop from October’s $24.5 million handle. However, it wasn’t all bad news for the state’s sports betting operators in November, as revenue increased by around 78% month-on-month. The figure rose from $1.9 million in…
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Pennsylvania Gaming Hits a Record $562.3 in Revenues in November
2024-12-18
The Pennsylvania Gaming Control Board has announced its gaming revenues for November 2024, revealing that all verticals collected a combined amount over $562.3 million, a 26% increase compared to the year prior. The $562.3 million broke the record for the most revenue collected in a month in the Keystone State, with the PGCB taking over $232.9 million in taxes. Here’s…
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Michigan Online Casinos Break Record with $226 Gross Receipts in November
2024-12-18
The Michigan Gaming Control Board (MGCB) has released its gambling report for November 2024, revealing gross receipts from online casinos broke the record set the month prior, with casinos collecting $226 million. The previous high from October was $220.7 million. Sports betting gross receipts brought the total gaming total to $284.3 million, a 12.1% increase month-on-month. Monthly adjusted gross receipts…
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New Jersey Online Casino Revenues Breaks Record in November with $214 Million
2024-12-17
October 2024 saw mixed results for New Jersey gaming. Online casino revenues broke a record, but sports betting revenues fell 16% year-on-year, and land-based casino revenues dropped by 8.5%. However, November 2024 brought strong performances across all gaming verticals in New Jersey. Online casino revenues reached a new record, with operators collecting $214 million, an increase of 24.7% year-on-year. FanDuel…
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Indiana Reports a Record-Breaking November For Sports Betting
2024-12-16
A report from the Indiana Gaming Commission (IGC) reveals a record-breaking monthly sports betting handle. Operators collected $614 million in bets in November, marking a 14% increase from the previous record set just a month earlier. In October 2024, handle reached close to $538 million. Handle was also up around 20% year-on-year, compared to $514 million in November 2023. Following…
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Michigan Land-Based Casinos Collect $108 Million in November Revenue
2024-12-16
Detroit’s land-based casinos collected more than $108 million in revenue in November, a new report from the Michigan Gaming Control Board (MGCB) reveals. The total includes around $106 million from slots and table games and just under $2 million generated by retail sports betting at the casino’s sportsbooks – BetMGM at MGM Grand Detroit, FanDuel at MotorCity, and ESPN BET…
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North Carolina Reports in November Second-Highest Sports Betting Record
2024-12-10
Following a resettlement and payouts of $576.8 million, NC sports betting revenue came to $78.1 million for the month. This also represents the state’s second-best monthly revenue. Its current record stands at $105.3 million, set in April 2024. The North Carolina State Lottery Commission has updated its sports betting revenue report with the state’s latest figures for November 2024. During…
Read MoreIowa Racing and Gaming Commission Releases November Sports Betting and Casino Revenues
2024-12-09
The Iowa Racing and Gaming Commission has updated its revenue reports to include new numbers from November 2024, revealing that state-wide sportsbooks handled $315.2 million. Meanwhile, sports betting operators collected revenues of almost $30.1 million, resulting in state taxes of over $2 million. Meanwhile, casino numbers showed that land-based operations collected revenues of $140.3 million. Admissions hit almost 1.4 million,…
Read MoreMissouri Sports Betting Amendment Officially Passes By 2,961 Votes
2024-12-06
Missouri sports betting votes have been finalized ahead of the deadline, which was set as Tuesday, December 10. The Board of State Canvassers confirmed this week that Amendment 2 passed by 2,961 votes, legalizing sports betting in the state. A total of 2,954,343 Missourians cast their votes on election day, including 1,478,652 in favor of sports betting and 1,475,691 against.…
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Ohio Casino Control Commission Releases October Sports Betting and Casino Results
2024-12-04
The Ohio Casino Control Commission has released its revenue figures for legal sports betting and casino gaming in October 2024. The sports betting handle reached $901.4 million, its second-highest total since online sports betting launched in January 2023. This marks a 20.6% increase year-on-year and a jump of 4.5% from September 2024. Meanwhile, casino operators generated over $83 million in…
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NJ Lawmakers Introduce Bill to Seize Inactive Online Gambling Accounts
2024-11-28
Lawmakers in New Jersey have proposed a bill that would allow the state to seize funds in inactive iGaming accounts for its unclaimed property program. The account must have been inactive for a minimum of three years, during which the casinos would be required to contact the account owner by mail, phone, and email. If the casinos are unable to…
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Louisiana October Betting Revenue Falls Despite Higher Handle
2024-11-25
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 took a big hit across…
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