Sports betting

Pennsylvania Gaming Revenue Hits Record $601.8 Million in May 2025

Vanja Mitic
U.S.A., Online gaming software, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases, Pennsylvania
In May 2025, Pennsylvania's gaming industry achieved a historic milestone, surpassing $600 million in total revenue for the first time ever. According to the Pennsylvania Gaming Control Board (PGCB), the state'...

Surrey Scorchers Players Banned Following Match-Fixing Investigation

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Mobile gaming, Sports betting, Online Gambling News, Crime, Fines, Lawsuits & Litigation, United Kingdom
A significant scandal has rocked British basketball as five former players of the Surrey Scorchers have been banned following a comprehensive investigation into match-fixing within the 2022-2023 British Basketb...

Wyoming Legislature Proposes Significant Tax Increases on Gambling Industries

Vanja Mitic
Gaming Law & Legislation, Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Horse Racing, Sports betting, Taxation, Online Gambling News, Taxes, Wyoming
A legislative committee in Wyoming has proposed sweeping tax hikes targeting the state's gambling sector, signaling a move to tighten regulations and capture a larger share of the growing revenue from gaming ac...

FanDuel Explores Partnership with Kalshi to Enter the Prediction Market Space

Vanja Mitic
Latest Casino and Gambling News, U.S.A., Online gaming software, Online gambling regulation, Gaming Industry News, Mobile gaming, Licensed online casinos in USA, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships
In recent months, Kalshi has garnered significant attention in the sports betting world, especially after its successful legal battles to offer prediction markets, including sports event contracts. As sports pr...

Entain Increases BetMGM 2025 Revenue Forecast Following Strong US Performance

Vanja Mitic
Latest Casino and Gambling News, U.S.A., Online gaming software, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Sports betting, Financial Press Releases
Entain plc, the renowned global sports betting and gaming company, has raised its full-year 2025 revenue forecast for its joint venture with MGM Resorts International, BetMGM. This update comes as a result of c...

DraftKings to Charge Per-Bet Fee in Illinois Starting September

Johnny K.
Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Taxation, Sports betting, Online Gambling News, Illinois
DraftKings has announced that it will begin charging Illinois customers a 50-cent fee on every online and mobile sports wager starting September 1, 2025. This new charge comes in response to a recently passed t...

Churchill Downs to Withdraw Fair Grounds License Over Legislative Impasse

Johnny K.
U.S.A., Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Horse Racing, Licenses, Sports betting, Fines, Lawsuits & Litigation, Louisiana
Churchill Downs Inc. (CDI) has officially announced plans to withdraw from Louisiana’s historic Fair Grounds Race Course and its associated gaming operations, citing an untenable economic environment driven by ...

NFL Extends and Broadens Partnership with Genius Sports Through 2029

Johnny K.
U.S.A., Online gaming software, Latest Casino and Gambling News, NFL, World Casino News, North America Casino News, Gaming Industry News, Technology, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships
The National Football League (NFL) has officially announced an expanded and extended strategic partnership with Genius Sports, solidifying their collaboration through the conclusion of the 2029 season. This dea...

US Gambling Industry Needs National Standards, Warns Massachusetts Regulator

Vanja Mitic
U.S.A., Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Licensed online casinos in USA, Sports betting, Online Gambling News, Massachusetts
As the US gambling industry continues to expand rapidly, Jordan Maynard, Chair of the Massachusetts Gaming Commission (MGC), has raised concerns about the lack of national oversight. Maynard compared the indust...

FanDuel to Introduce Per-Bet Fee in Illinois Following New State Tax

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Online Gambling News, Taxation, Sports betting, Illinois, Taxes
Flutter Entertainment, the parent company of FanDuel, has announced a new transaction fee that will impact sports bettors in Illinois later this year. Beginning September 1, 2025, customers placing bets on FanD...

X and Polymarket Join Forces to Revolutionize Prediction Markets

Vanja Mitic
Cryptocurrency, Online gaming software, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Technology, Newest casino games, Mobile gaming, Licensed online casinos in USA, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships
X, formerly known as Twitter, has officially partnered with Polymarket, the popular prediction market platform, to provide a unique service that allows users to bet on real-world events such as elections and sp...

New York Sets New Sports Betting Record with $248.9M in May

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Sports betting, Financial Press Releases, New York
New York's mobile sportsbooks achieved their highest-ever monthly gross gaming revenue in May 2025, generating $248.9 million. According to data released by the New York State Gaming Commission, this total surp...

Hong Kong Eyes Legal Basketball Betting with 50% Tax on Net Profits

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Gaming Industry News, Hong Kong, Online Gambling News, Asian Casino News, Sports betting
Hong Kong is preparing to introduce legalized basketball betting, backed by overwhelming public support and a proposed 50 per cent tax on the operators’ net earnings. The initiative, currently under legislative...

Crypto.com Takes Nevada Gaming Regulators to Court Over Block on Sports Event Contracts

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Online gaming software, Online gambling regulation, Gaming Industry News, Mobile gaming, Online Gambling News, Sports betting, Fines, Lawsuits & Litigation, Nevada
Crypto.com, the digital asset exchange, has escalated a legal battle against the Nevada Gaming Control Board (NGCB) by filing a lawsuit in federal court. The company is contesting the NGCB’s decision to block i...