Sportsbooks recovered from a tough NFL season with a successful Super Bowl, driven by the Eagles’ win and underperforming stars. Meanwhile, New York shattered its own sports betting records in January, with $2.48 billion wagered and $247 million in gross gaming revenue.
Industry News
-
-
Digital Wager Wire covers key developments in sports betting, including Massachusetts’ iGaming bill and Ohio Governor Mike DeWine’s proposal to raise sports betting taxes. As states look for new revenue sources, these initiatives could reshape the landscape of U.S. gambling regulations.
-
Kalshi introduces Super Bowl contracts, letting bettors trade outcomes like MVP. Despite accurate election predictions, Texas faces divided views on casino legalization.
-
Penn’s ESPN BET launches in D.C., its 20th market, partnering with local teams. Meanwhile, NY’s iGaming bill faces hurdles amid casino expansion.
-
Missouri targets a summer 2025 sports betting launch. Meanwhile, Maryland eyes higher sportsbook and casino taxes to cut a $2.7B deficit.
-
Virginia’s sportsbooks set a new record in November with a $760.9M handle, while Sporttrade expands in the state. New Hampshire’s gambling age bill may impact DraftKings.
-
Nevada leads in per capita sports betting while Louisiana debates iGaming to tackle a budget deficit. Catch up on this week’s top stories in the gaming world.
-
Gaming is set to thrive in 2025, with sportsbooks continuing to expand and reach new heights. Sphere in Las Vegas smashed records, bringing in $420.5M in 2024.
-
NBA expansion rumors include Vegas and Seattle as potential destinations. Meanwhile, Hard Rock Bristol sets a new revenue record with $18.1M in its first month.
-
New York’s sports betting revenue hit a record $231.7 million in November, fueled by a 10.2% hold. FanDuel led, while debates on federal regulation continue.