Recently, there has been new progress regarding the proposal for the legalization of online sports betting in Wisconsin, which was originally scheduled for a vote this year but has been postponed to the legislative session in early 2026. This matter involves multiple interests including tribal casin
Arizona's sports betting market saw a surprising turn in September, with a significant increase in betting volume year-over-year, but adjusted revenue slid to its lowest point in over three years. Data shows that while consumer spending rose, operator revenue did not increase but instead declined, r
Recently, Michigan's online gambling market performed exceptionally well in October, setting a new historical revenue high, mainly due to the growth of both mobile casinos and sports betting. Data shows a significant year-over-year increase in overall revenue, with intensifying competition among ope
Recently, the New York State Gaming Commission has intensified its scrutiny of licensed operators, mainly targeting the participation in prediction markets, as this could affect their qualifications in the strictly regulated sports betting environment. The chairman, Brian O'Dwyer, emphasized in the
The Massachusetts Gaming Commission has issued a notice to sports betting license holders, prohibiting them from offering or facilitating sports event-related transactions in the state, either directly or through affiliates. Previously, the state's Attorney General had sued the prediction market ope
Flutter Entertainment's brand FanDuel announced that it will launch a prediction market service in states where sports betting has not yet been legalized in the US, following a similar move by competitor DraftKings. CEO Peter Jackson noted that this strategy aims to tap into new user groups while ad
Recently, FanDuel and DraftKings announced their withdrawal from the regulated sports betting market in Nevada, shifting their focus to the prediction market business, a move that directly conflicts with the state gaming regulatory authorities. The Nevada Gaming Control Board has explicitly opposed
In October, the online sports betting stakes in New York State reached $2.64 billion, setting a new historical record, and state revenue also increased to $238.7 million, showing the active market situation. Compared to the same period last year and last month, the betting amount has significantly i
DraftKings recently announced senior management changes, with co-founder Matt Kalish planning to leave in March 2026. The company also launched the prediction market product DraftKings Predict and reached new partnerships with media such as ESPN. The third-quarter financial report showed revenue gro
Arizona's Gaming Department data shows that in August 2025, the total sports betting handle in the state reached $610.7 million, a year-over-year increase of 23.0% and a month-over-month increase of 31.7%. The adjusted revenue was $41.5 million, a significant year-over-year increase of 85.3%. Online
Data from the Massachusetts Gaming Commission shows that in September 2024, the total sports betting handle in the state reached $800.3 million, setting a new monthly record since the regulated market was established, with a 1.5% increase from the previous record in January and a year-over-year inc
DraftKings announces the acquisition of Railbird Technologies, officially entering the prediction market domain, and plans to launch the DraftKings Predictions app for users to trade regulated event contracts on real-world outcomes in finance, entertainment, and popular culture. This acquisition sup
E Jun, an early member of Sportybet✅.A deep researcher in the gambling industry, currently dedicated to the integration of AI and gambling services and game development.Contact him: @davidhou27 On October 21, 2025, the American online sports betting platform DraftKings (NASDAQ: DKNG) announced the a
Data from the New Jersey Division of Gaming Enforcement shows that the state's total gaming revenue reached $563.7 million in September 2024, a 1% increase from the same period last year, but a 12.2% decrease from August. Despite growth in both online casinos and physical gaming markets, sports bett
Rhode Island regulators are actively considering ending the state's online sports betting market monopoly, currently operated exclusively by International Game Technology (IGT) through the state lottery's Sportsbook RI application. The state's Department of Revenue Lottery Division has issued a requ
According to data released by the New York State Gaming Commission, the total online sports betting revenue in New York State for September 2023 was $193.8 million, a 5.3% decrease from the same period last year, but an 8.8% increase from August this year. Despite the decline in revenue, the total s
