NY sportsbooks post record $214.4M July revenue on 11.4% hold as World Cup results favor operators
New York mobile sportsbooks generated a record $214.4 million in July revenue, driven by an 11.4% hold rate as World Cup outcomes favored the books, with tax re
Times Of Casino · +14 outlets
Congress demands MLB, FanDuel answers after Bryce Harper video sent to problem gambler
Three members of Congress are demanding Major League Baseball and FanDuel explain how a personalized Bryce Harper video was used as an incentive for a VIP gambl
Legal Sports Report · +14 outlets
CFTC warns prediction markets against using sportsbook-style odds, Kalshi gets emergency order in NY
The CFTC told prediction markets that displaying American sportsbook-style odds may violate regulations, while Kalshi received an emergency CFTC order to contin
Legal Sports Report · +8 outlets
Maryland sports betting handle approaches $500M in July, generates $8.45M in tax revenue
Maryland's sports betting industry approached $500 million in handle for July, with operators generating $8.45 million in state tax revenue as contributions exc
gamingintelligence.com · +5 outlets
Colorado enacts new sports betting rules limiting deposits to 6 per day
Colorado's new law restricting credit card funding and capping daily sports betting deposits took effect, limiting bettors to six deposits within 24 hours.
Legal Sports Report · +9 outlets
Iowa sports betting handle hits record $182.9M in July
Iowa posted a record sports betting handle of $182.9 million in July, reflecting a busy summer for wagering.
Focus Gaming News
Kalshi rejected in Connecticut court as judge rules contracts are sports wagers
A Connecticut judge denied Kalshi and Coinbase's motions for preliminary injunction, ruling the contracts are at bottom sports wagers subject to state law.
SBC Americas · +14 outlets
Conservative groups sue to block Wisconsin tribal online sports betting
Two conservative organizations in Wisconsin filed a lawsuit against Governor Tony Evers and state officials to block tribal online sports betting in the state.
SBC Americas · +14 outlets
Penn Entertainment sits out sportsbook spending war as Wall Street backs strategy
Penn Entertainment will not participate in heavy sportsbook promotional spending this football season, a strategy analysts largely endorsed after the company's
Legal Sports Report · +4 outlets
FanDuel fined by Iowa regulator for soccer, basketball betting errors
Iowa's Racing and Gaming Commission fined FanDuel for sports betting infractions related to soccer and basketball wagers, adding to the operator's recent compli
SBC Americas · +5 outlets
World Cup drove significant handle increases in betting states in June
The FIFA World Cup drove significant handle increases across legal sports betting states in June, though tax revenue in some states decreased.
Yahoo Sports · +14 outlets
DraftKings Sportsbook goes live in Alberta
DraftKings launched its sportsbook in Alberta, with analysts projecting Alberta NFL betting could exceed $350 million in the open market's first season.
Bookies.com · +14 outlets
Nevada Council on Problem Gambling cuts ties with NCPG over Kalshi deal
The Nevada Council on Problem Gambling formally severed ties with the National Council on Problem Gambling over the NCPG's new relationship with prediction mark
Legal Sports Report · +11 outlets
Fanatics Sportsbook and Casino launching in Ontario
Fanatics Sportsbook and Casino is entering the Ontario market, expanding its Canadian presence.
Canadian Gaming Business · +14 outlets
DraftKings predictions lawsuit seeks refunds for illegal sports betting losses
A lawsuit filed against DraftKings seeks refunds for customers who lost money on predictions products, alleging the offerings constituted illegal sports betting
AboutLawsuits.com · +13 outlets
DAZN Bet launches in Ontario and Alberta with Altenar technology
DAZN Bet has gone live in Ontario and Alberta using Altenar's sportsbook platform, further expanding Canada's competitive betting market.
Yogonet · +1 outlets
Mississippi State football players caught gambling on NFL, NBA
Two Mississippi State football players were caught placing sports wagers on NFL and NBA games, in violation of NCAA rules.
The Clarion-Ledger · +14 outlets
NFL betting handle projected to hit record $32.3B as prediction markets near $37B
Industry projections estimate NFL betting handle will reach a record $32.3 billion this season, while prediction markets could approach $37 billion.
The Manila Times · +1 outlets