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
Missouri opened sportsbook pre-registration ahead of its Dec. 1 launch, allowing residents to sign up and secure bonuses early. Major operators rolled out competitive promotions as the state enters the legal sports betting market with a low 10% tax rate. Bettors will have a full … Read more
Senate Bill 592 was discussed by the Wisconsin Senate Committee on Agriculture and Revenue today. The group favors the hub-and-spoke sports betting model that the bill establishes over other sports betting models because it allows the tribes of Wisconsin to secure a high revenue share. … Read more
September 2025 marked New York’s highest monthly sports betting handle since March 2025 New York’s sports betting handle hit $2.29 billion, driven by the return of the NFL season, up 10.4% from September 2024. NEW YORK – New York’s legal sports betting market experienced a … Read more
Playtech entered into a partnership with MSC Cruises to bring its retail sports betting offerings aboard cruise ships. An initial trial period will include sports betting services on eight ships. If the trial is successful, sports betting services will be offered across all 24 ships. … Read more
Kansas sportsbooks have collected $1.5 billion in wagers over the first seven months of the year. Consistently bringing in tax revenue, Kansas has seen over $1 million come in from sportsbooks in 8 of the last 11 months. TOPEKA, Kan. – Kansas is marking the … Read more
A 300-year-old British law is the basis for a $300 million lawsuit against sportsbooks in Washington, D.C. The law, known as the Statute of Anne, allows gamblers to sue to recover losses over $25. Mayor Muriel Bowser has moved to retroactively exempt sports betting from … Read more
In July 2025, Washington DC hit an all-time handle of $1,546,702,720, increasing 71% year-over-year from July 2024. New sportsbooks in the Capital City will help the handle and future revenue grow. WASHINGTON — Washington DC achieved a historic milestone, surpassing $1.5 billion in the amount … Read more