Sports betting

Michigan Online Casinos Set $220.7M Revenue Record in October

Michigan’s online casino and sports betting market reached new heights in October 2024, setting a record with $220.7 million in gross receipts. This marks the state’s highest-ever monthly total for iGaming, sur...

Flutter Entertainment Unveils New Leadership and Organizational Design to Propel Global Growth

Flutter Entertainment, a leading name in the global gambling sector, has announced a significant restructuring of its organizational design to better position the company for future growth. This strategic shift...

New Jersey Online Gambling Revenue Hits Record $213.6M in October

New Jersey's online gambling sector achieved a significant milestone in October 2024, with revenues reaching an all-time high of $213.6 million. This figure surpasses the previous record of $208 million set in ...

New Jersey Weighs Ban on College Athlete Prop Bets

The state of New Jersey, a pioneer in legalizing sports betting across the United States, is now exploring new measures to restrict certain types of wagers. A proposed bill in the state legislature aims to proh...

Louisiana Lawmaker Postpones Controversial Bill to Raise Online Sports Betting Tax

A proposal to significantly increase the tax on online sports betting revenue in Louisiana has been deferred amid mounting opposition from the gaming industry. House Bill 22, introduced by Representative Roger ...

FanDuel Co-Founders Unveil BetHog, a New Crypto Casino and Sportsbook Platform

BetHog, a new crypto-based casino and sportsbook platform created by FanDuel co-founders Nigel Eccles and Rob Jones, has officially launched with an impressive $6 million seed funding round. The funding, spearh...

New York State Sports Betting Hits Record $2.3 Billion in October

In October 2024, New York State notched a historic milestone in sports betting, recording an unprecedented handle of $2.3 billion. This figure surpasses the previous high of $2.11 billion set in November 2023, ...

PENN Entertainment Reports Promising Q3 Results Amid Expansion and Innovation Plans

PENN Entertainment, Inc. recently released its financial results for the third quarter of 2024, showing steady revenue in both its retail and interactive segments despite challenges. Chief Executive Officer Jay...