New Jersey sportsbooks have kept more than $5 billion all-time from bettors – the second state (New York) to cross that threshold. TRENTON, N.J. – The all-time sports betting revenue total in New Jersey grew past $5 billion per the latest financial report, on the … Read more
New York lawmakers are weighing a bill to eliminate state-level gambling loss tax deductions following recent federal changes. Meanwhile, Missouri and New Jersey continue reshaping their legal sports betting markets with new restrictions and licensing rules. ALBANY, N.Y. – From tax reform in New York … Read more
New Jersey hiked its online gambling tax to 19.75%, up from 13% for sports betting and 15% for iGaming. Operators tied to low-revenue casinos like Caesars Atlantic City, Ocean Casino, and Monmouth Park may face an existential threat. Rising costs and shrinking margins could push … Read more
Merab Dvalishvili is a -275 favorite to beat Sean O’Malley for a second time and retain his Bantamweight Title Sean O’Malley has not fought since losing the title to Dvalishvili in September of 2024 NEWARK, N.J. – UFC 316 on Saturday features a loaded card … Read more
There are -600 odds for a Democratic nominee to be the Governor of New Jersey. Mikie Sherrill is favored to win the Democratic Primary with -350 odds. TRENTON, N.J. – Things are heating up in New Jersey ahead of November’s governor election with the primaries … Read more
PASPA was repealed seven years ago, with legal sports betting having transformed from a curiosity into a half-trillion-dollar industry. What began as a fight over states’ rights has gone from taboo to mainstream, reshaping how Americans watch, bet, and engage with sports. With $50 billion … Read more
Kalshi is suing multiple states, arguing its event contracts are federally regulated derivatives, not gambling. Federal judges in Nevada and New Jersey have sided with Kalshi in early rulings. The CFTC dropped its appeal over Kalshi’s election markets, signaling a regulatory shift. States like Illinois … Read more
Bettors in New York, New Jersey, and Nevada have won more than $160 billion combined, nearly 35% of all legal sports betting payouts. Nevada boasts the highest win rate in the country at 94.2%, while Delaware ranks last with just 84.3%. LAS VEGAS – The … Read more
The U.S. has officially surpassed $500 billion in the amount of money bet at sportsbooks both in person and online since 2018. $149.6 billion was wagered in 2024 alone, reflecting 3,100% growth since PASPA’s repeal. New York leads all states with $69.13 billion in wagers … Read more
Caesars Sportsbook app now offers integrated horse race wagering in Kentucky and Colorado with live streaming and shared wallet functionality. WSOP Online expands to Pennsylvania, creating the first four-state shared player pool for online poker in the U.S. Both updates launch ahead of key events: … Read more
New York Assembly Bill A7962 proposes strict limits, including daily betting and deposit caps, and tight advertising restrictions. The proposal aims to curb problem gambling, but could drive high-volume bettors back to New Jersey. ALBANY, N.Y. – A new proposal from the New York State … Read more
Nebraska’s mobile sports betting expansion clears a major hurdle in the legislature. March Madness bettors beat the books, causing big Q1 losses for DraftKings and FanDuel. North Carolina moves to double its sports betting tax rate, eyeing major revenue gains OMAHA, Neb. – From statehouse … Read more