WASHINGTON – On the morning of May 14, 2018, the Supreme Court of the United States handed down Murphy v. NCAA and ended Nevada’s 26-year monopoly on legal sports betting. Eight years later, questions surrounding who would profit and under what rules have been answered… … Read more
LINCOLN, Neb. – Major US sports betting operators are financially supporting an online sports betting push in Nebraska. Big players like DraftKings, FanDuel, Fanatics, and BetMGM have sent millions towards a legal sports betting initiative in Cornhusker State. More than $2.6 million was contributed towards … Read more
NEW YORK – Credit card delinquencies have increased and have ties to the expansion of legal sports betting. Overall household credit scores are also down, as gamblers are paying off their sports betting debt later and later. The Federal Reserve Bank of New York found … Read more
CHAPEL HILL – When a major sportsbook posts something that looks exactly like breaking news, people are going to believe it. That’s just how the internet works. In just two hours, more than 600,000 people viewed a post from BetMGM’s verified account stating that UNC … Read more
The Massachusetts Gaming Commission approved first-in-the-nation rules requiring sportsbooks to notify players of account restrictions and explain why. MGC research found roughly 13,400 accounts had been limited, with bettors reporting restrictions consistently followed winning streaks. The commission voted 5-0 to approve a June 1, 2026 … Read more
Arizona Governor Katie Hobbs proposed a sports betting tax rate increase from 10% to 45% in the state’s proposed budget for fiscal year 2027. Hobbs believes the increase will generate an additional $150 million annually. The tax hike impacts AZ sportsbook operators handling over $75 … Read more
You may be leaving money on the table if you’re not taking the best odds for Super Bowl 60 based on what the sportsbooks are offering. SANTA CLARA, Calif. – With the Super Bowl only four days away, the time to get in wagers is … Read more
Bally’s Chairman Soo Kim argues that high tax rates benefit operators by limiting competition, citing Rhode Island’s monopoly model as proof. New York’s 51% tax rate hasn’t helped Bally’s gain traction, as the company holds just 1.1% market share compared to FanDuel’s dominant 65.8%. Bally’s … Read more
Rhode Island is adding a second online sportsbook by November 2026 after six years of having only one operator, with applications due February 19. New York Assemblywoman Carrie Woerner wants to expand the state’s market from 8 to 16 operators while lowering the current 51% … Read more
New York’s sports betting market hit $26.3 billion in handle for 2025, bringing the state $1.32 billion in tax collections. Operators earned $259.7 million in December, with FanDuel and DraftKings combining for 76% of total market revenue. While New York remains the country’s top sports … Read more
New Jersey gambling had a big November, earning $636.2 million as sportsbooks and online casinos stayed strong year over year. During a busy football and basketball stretch, sports betting generated $146.3 million in revenue from $1.28 billion in wagers. Online betting was dominated by FanDuel … Read more
Missouri launched eight mobile sports betting apps on Monday. State voters approved Amendment 2 over a year ago to bring legal sports betting to Missouri. The Kansas City Royals are looking for a new sports betting partner after Underdog withdrew their license days before launch. … Read more