DraftKings launched its online sportsbook in Puerto Rico, roughly four months after announcing an in-person sportsbook at the Foxwoods El San Juan Casino. DraftKings is also expected to layoff between 2% and 15% of the employees. BOSTON – DraftKings launched its online sportsbook in Puerto … Read more
DraftKings and FanDuel applied to offer mobile sports betting in Arkansas, with a decision potentially coming next week. Arkansas requires third-party sportsbooks to give 51% of revenue to their casino partner, keeping major operators out for years. Approval would mark the first time nationally recognized … Read more
Oregon brought in $8.4 million in Super Bowl handle, a figure that grew year over year but did little to lift sports betting revenue given how the game played out. Ohio’s $1 billion revenue year in 2025 was built almost entirely on the back of … Read more
Adam Silver & the NBA fined the Utah Jazz and Indiana Pacers in relation to tanking. The NBA has partnerships with multiple sports betting companies. NBA teams that tank play a role in team total wins from sportsbooks. NEW YORK – Tanking in the NBA … Read more
DraftKings and Flutter are experiencing their lowest stock price in roughly three years despite showing growth in the US gambling sector. NEW YORK – DraftKings and FanDuel’s parent company have seen their stock prices drop heavily over the last month and the last six months. … Read more
FanDuel is ending credit card deposits nationwide on March 2 across all betting products. The move follows DraftKings and growing state regulatory pressure against credit-funded wagering. NEW YORK – FanDuel announced Tuesday that it will stop accepting credit card deposits across all its platforms starting March … 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
Rep. Joseph Elison filed House Bill 243 to outlaw prop betting in Utah even though gambling is already banned. The bill updates state law to define prop bets as illegal and lets the Attorney General go after platforms breaking the rules. The bill reflects nationwide … Read more
Rep. Marc Malon has introduced a bill in Maine that would prohibit the use of credit cards for online sports betting. Eight other states have already taken similar measures in an effort to reduce gambling addiction and debt. AUGUSTA, Maine – A new bill has … 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