DraftKings, FanDuel, Fanatics pull back from Utah prediction markets after Kalshi felony charges
Utah filed 14 criminal charges, 13 of them felonies, against Kalshi, prompting major sportsbook operators to retreat from the state's prediction market business
Sbcamericas · +6 outlets
Kalshi sues Missouri over state attempts to regulate prediction markets
The suit escalates the prediction market operator's multi-state legal fight over whether its contracts fall under gambling regulation.
KCUR · +14 outlets
Michigan regulators add fixed-odds horse racing to online sports betting
The expansion adds a new vertical to Michigan's regulated online betting market, where horse racing is typically handled by separate pari-mutuel systems.
CDC Gaming · +5 outlets
Nevada sports betting handle dips to $713 million in September
Mobile channels continued to take a larger share of Nevada wagering even as the state's overall September handle declined.
TheLines.com · +1 outlets
New Jersey September sports betting handle reaches $1.09B, revenue $77M
New Jersey remains one of the largest US sports betting markets by handle, with September revenue of $77 million.
RG.org
North Carolina September sports betting numbers put state on record pace
The state's September figures suggest North Carolina's first full year of legal online sports betting is tracking above prior expectations.
WRAL · +3 outlets
New York September sports betting sees bettors wager more and win more
New York's September revenue report shows higher wagering volume alongside improved bettor returns versus prior months.
RG.org · +14 outlets
Rush Street Interactive says US online casino growth is cooling, eyes 2027 legalization
RSI reported Q3 revenue up 39% year over year to $385.9 million but said the online casino expansion engine is slowing.
Sbcamericas
Illinois sports betting handle tops $1 billion in August as revenue hits two-year low
Illinois posted billion-dollar handle while operator revenue fell to its lowest level in two years, reflecting unfavorable hold for sportsbooks.
Legal Sports Betting · +11 outlets
NCAA becomes first US sports governing body to join IC360 Bad Actor Program
The NCAA joins sportsbooks and prediction markets in an integrity database aimed at curbing betting-related abuse of college athletes and staff.
Sbcamericas · +14 outlets
MGM Resorts CEO says takeover talks with Barry Diller's People Inc. are over for good
Bill Hornbuckle ruled out a deal in either direction, closing off speculation that had circulated about consolidation between the two companies.
Sbcamericas · +14 outlets
South Dakota sports betting declines again in September
The state's wagering slide continued in September, extending a downward trend for South Dakota's legal sports betting market.
Legal Sports Betting · +5 outlets
Yahoo Finance report: 73% of Americans have considered risky bets like sports wagering and crypto
The survey framing ties growth in sports betting and crypto speculation to broader consumer risk appetite and GLP-1 weight-loss drug adoption.
Yahoo Finance · +4 outlets
Deadwood gaming revenue rises 11% to $16.9M in September
Deadwood's September gaming revenue grew double digits year over year, a bright spot in a state where sports betting has been sliding.
RG.org
How DraftKings and FanDuel generate billions in revenue from bettors
The piece examines the hold rates and economics that drive profitability for the two largest US sportsbook operators.
KNSI · +14 outlets
In-game report: New York bettors wagered more and had better results in September
New York September data shows increased wagering with improved bettor outcomes relative to earlier months.
https://www.ingame.com/ · +14 outlets
Michigan joins fixed-odds horse racing to online sportsbooks
Michigan regulators cleared fixed-odds horse racing for online sports betting platforms, adding a new product category for licensed operators.
MLive.com