LEXINGTON, Ky. – DraftKings and FanDuel still own Kentucky sports betting. But in August, they were not the reason it grew. The Kentucky Horse Racing and Gaming Corporation’s August 2026 sports wagering report shows $206.3 million bet across the state, up 6.8% from August 2025. … Read more
COLUMBUS, Ohio – August Ohio sports betting revenue totaled $58.3 million, with online sportsbooks carrying the bulk of it at $57.3 million. While August 2026 was the second-best August in Ohio sports betting history, it’s the weakest revenue month of the year. August marks eight … Read more
Revenue fell 19.9% to $58.3 million as hold dropped from 11.0% to 9.1%, with gross receipts down 3.8%. All seven operators with more than $20 million in gross receipts posted a lower hold than in August 2025. FanDuel posted the most revenue at $20.7 million, … Read more
LINCOLN, Neb. – Measures to legalize and regulated online sports betting in Nebraska will be on the Nov. 3 ballot. The Secretary of State certified that both online sports betting petitions will appear on the 2026 general election ballot after receiving the required number of … Read more
BROOKLYN, N.Y. – IG Group acquired daily fantasy sports and prediction market operator Underdog for up to $1.3 billion on Thursday. The move marks a big push for the UK-listed IG Group to join the American trading market currently under fire in state courts. Underdog … Read more
The deal covers Water Street Labs and CX Clearinghouse, two CFTC-registered entities BGC Group is selling. Water Street Labs lists contracts and CX Clearinghouse settles them, neither licensed nor overseen by state gaming regulators. Fanatics Markets launched in December 2025 through a Crypto.com partnership and … 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
RALEIGH, N.C. – Sports betting companies are pouring millions into a new advertising push, and women have emerged as their most pursued demographic yet. This March Madness, major sportsbooks have adopted a new strategy by producing advertising centered around identifiable female faces. Fanatics Sportsbook is … 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
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
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
The Louisiana Gaming Control Board sent a letter to licensed sports betting sites in the state stating that it views sports prediction markets as illegal. In the letter, the board stated that licensed operators who are partnered with prediction services may have their licenses rescinded. … Read more