Sports Betting Industry News for June 2025

Sports Betting Industry News for Jun. 2025

Fans watch a game between the Chicago Cubs and Pittsburgh Pirates during the first inning at Wrigley Field. Kamil Krzaczynski-Imagn Images

Will a 50-Cent Fee Stop Sports Bettors From Betting?

An online survey conducted by Covers suggests the decision by DraftKings and FanDuel to impose a 50-cent fee on all bets starting in September, in response to a new per-bet tax by Illinois lawmakers, could prompt punters to rethink their wagering habits.

Geoff Zochodne, Covers Sports Betting Journalist

Geoff Zochodne

Jun 16, 2025 • 10:14 ET • 4 min read

BetMGM Increases Revenue Projection to $2.6B After Strong Start to 2025

Brad Senkiw - Covers

Brad Senkiw

Jun 16, 2025 • 11:23 ET • 4 min read

BetMGM Increases Revenue Projection to $2.6B After Strong Start to 2025

Brad Senkiw

Jun 16, 2025 • 11:23 ET • 4 min read

PointsBet Turns Down Betr Takeover in Favor of MIXI Proposal

Ziv Chen

Ziv Chen

Jun 16, 2025 • 14:07 ET • 4 min read

PointsBet Turns Down Betr Takeover in Favor of MIXI Proposal

Ziv Chen

Jun 16, 2025 • 14:07 ET • 4 min read

Industry Must Reads

Michigan Continues Unlicensed Internet Gambling Crackdown with Five Cease-and-Desist Orders

Ziv Chen

Jun 16, 2025 • 17:51 ET • 4 min read

General view of FIBA basketball during a stoppage in play.

Six Former British Basketball League Players Face Fines, Sanctions for Match-Fixing

Jori Negin-Shecter

Jun 16, 2025 • 17:38 ET • 4 min read

Nevada Gambling Regulator Gives Green Light to IGT-Everi Merger

Ziv Chen

Jun 16, 2025 • 16:47 ET • 4 min read

Indiana Sportsbook Revenue Up 12% Year-Over-Year

Grant Mitchell

Jun 16, 2025 • 15:53 ET • 4 min read

General Sports News

General view of FIBA basketball during a stoppage in play.

Six Former British Basketball League Players Face Fines, Sanctions for Match-Fixing

Jori Negin-Shecter - Covers

Jori Negin-Shecter

Jun 16, 2025 • 17:38 ET • 4 min read

Six Former British Basketball League Players Face Fines, Sanctions for Match-Fixing

Jori Negin-Shecter

Jun 16, 2025 • 17:38 ET • 4 min read

The Elizabeth Tower with the Big Ben bell

15 to Face Trial in UK Election Betting Scandal

Alexandra Griffiths - Covers

Alexandra Griffiths

Jun 16, 2025 • 15:06 ET • 4 min read

15 to Face Trial in UK Election Betting Scandal

Alexandra Griffiths

Jun 16, 2025 • 15:06 ET • 4 min read

Rafael Devers Trade Leads to Influx of Futures Wagers on Giants

Brad Senkiw - Covers

Brad Senkiw

Jun 16, 2025 • 14:54 ET • 4 min read

Rafael Devers Trade Leads to Influx of Futures Wagers on Giants

Brad Senkiw

Jun 16, 2025 • 14:54 ET • 4 min read

PointsBet Turns Down Betr Takeover in Favor of MIXI Proposal

Ziv Chen

Ziv Chen

Jun 16, 2025 • 14:07 ET • 4 min read

PointsBet Turns Down Betr Takeover in Favor of MIXI Proposal

Ziv Chen

Jun 16, 2025 • 14:07 ET • 4 min read

BetMGM Increases Revenue Projection to $2.6B After Strong Start to 2025

Brad Senkiw - Covers

Brad Senkiw

Jun 16, 2025 • 11:23 ET • 4 min read

BetMGM Increases Revenue Projection to $2.6B After Strong Start to 2025

Brad Senkiw

Jun 16, 2025 • 11:23 ET • 4 min read

JJ Spaun celebrates after putting on the 18th green to win during the final round of the U.S. Open golf tournament. Bill Streicher-Imagn Images

J.J. Spaun Becomes Largest Underdog Champion to Win U.S. Open Since 2009

Grant Mitchell - News Editor

Grant Mitchell

Jun 16, 2025 • 10:42 ET • 4 min read

J.J. Spaun Becomes Largest Underdog Champion to Win U.S. Open Since 2009

Grant Mitchell

Jun 16, 2025 • 10:42 ET • 4 min read

State News

Michigan Continues Unlicensed Internet Gambling Crackdown with Five Cease-and-Desist Orders

Ziv Chen

Ziv Chen

Jun 16, 2025 • 17:51 ET • 4 min read

Michigan Continues Unlicensed Internet Gambling Crackdown with Five Cease-and-Desist Orders

Ziv Chen

Jun 16, 2025 • 17:51 ET • 4 min read

Nevada Gambling Regulator Gives Green Light to IGT-Everi Merger

Ziv Chen

Ziv Chen

Jun 16, 2025 • 16:47 ET • 4 min read

Nevada Gambling Regulator Gives Green Light to IGT-Everi Merger

Ziv Chen

Jun 16, 2025 • 16:47 ET • 4 min read

Indiana Sportsbook Revenue Up 12% Year-Over-Year

Grant Mitchell - News Editor

Grant Mitchell

Jun 16, 2025 • 15:53 ET • 4 min read

Indiana Sportsbook Revenue Up 12% Year-Over-Year

Grant Mitchell

Jun 16, 2025 • 15:53 ET • 4 min read

New York Sports Betting Operators Produce Big Holds Despite Drop in Weekly Action

Brad Senkiw - Covers

Brad Senkiw

Jun 13, 2025 • 11:55 ET • 4 min read

New York Sports Betting Operators Produce Big Holds Despite Drop in Weekly Action

Brad Senkiw

Jun 13, 2025 • 11:55 ET • 4 min read

A sign welcoming motorists to Connecticut at the New York border in Pound Ridge. Tania Savayan/The Journal News / USA TODAY NETWORK

Connecticut the Latest State to Ban Sweepstakes Gambling

Amy Calistri - Covers.com

Amy Calistri

Jun 12, 2025 • 18:41 ET • 4 min read

Connecticut the Latest State to Ban Sweepstakes Gambling

Amy Calistri

Jun 12, 2025 • 18:41 ET • 4 min read

Close view of a horse's hoof (Photo by Bradley Collyer/PA Images/Alamy Images/Sipa USA)

Nevada Trainer Fined, Banned for Drugging Racehorses

Jori Negin-Shecter - Covers

Jori Negin-Shecter

Jun 12, 2025 • 17:51 ET • 4 min read

Nevada Trainer Fined, Banned for Drugging Racehorses

Jori Negin-Shecter

Jun 12, 2025 • 17:51 ET • 4 min read

iGaming News

Nevada Gambling Regulator Gives Green Light to IGT-Everi Merger

Ziv Chen

Ziv Chen

Jun 16, 2025 • 16:47 ET • 4 min read

Nevada Gambling Regulator Gives Green Light to IGT-Everi Merger

Ziv Chen

Jun 16, 2025 • 16:47 ET • 4 min read

Hard Rock Digital Signs Content Agreement with Bragg Gaming

Ziv Chen

Ziv Chen

Jun 14, 2025 • 09:00 ET • 4 min read

Hard Rock Digital Signs Content Agreement with Bragg Gaming

Ziv Chen

Jun 14, 2025 • 09:00 ET • 4 min read

Louisiana Gov. Jeff Landry

Louisiana Governor Vetoes Anti-Sweepstakes Gaming Bill

Brad Senkiw - Covers

Brad Senkiw

Jun 13, 2025 • 13:27 ET • 4 min read

Louisiana Governor Vetoes Anti-Sweepstakes Gaming Bill

Brad Senkiw

Jun 13, 2025 • 13:27 ET • 4 min read

Contributors

Geoff Zochodne, Covers Sports Betting Journalist

Geoff Zochodne, Senior News Analyst

gzochodne@covers.com

Ryan Butler - Covers

Ryan Butler, Senior News Analyst

editorial@covers.com

Michael McClymont - Senior News Editor at Covers.com

Michael McClymont, Senior News Editor

mmcclymont@covers.com

James Bisson

James Bisson, Contributor

jbisson@sbrmail.com

Brad Senkiw - Covers

Brad Senkiw, News Editor

editorial@covers.com

Amy Calistri - Covers.com

Amy Calistri, News Editor

editorial@covers.com

Ethan Matthew - Covers

Ethan Matthew, News Editor

editorial@covers.com

Alexandra Griffiths - Covers

Alexandra Griffiths, News Editor

editorial@covers.com

Jori Negin-Shecter - Covers

Jori Negin-Shecter, News Editor

jori.negin.shecter@gmail.com

Ziv Chen

Ziv Chen, News Editor

editorial@covers.com

Industry Resources

Legal Betting States Legal Betting Provinces Betting Revenue Tracker Best Sports Bettors by State Betting Incidents Tracker

All Industry news

Michigan Continues Unlicensed Internet Gambling Crackdown with Five Cease-and-Desist Orders

Ziv Chen

Jun 16, 2025 • 17:51 ET

Six Former British Basketball League Players Face Fines, Sanctions for Match-Fixing

Jori Negin-Shecter

Jun 16, 2025 • 17:38 ET

Nevada Gambling Regulator Gives Green Light to IGT-Everi Merger

Ziv Chen

Jun 16, 2025 • 16:47 ET

Indiana Sportsbook Revenue Up 12% Year-Over-Year

Grant Mitchell

Jun 16, 2025 • 15:53 ET

15 to Face Trial in UK Election Betting Scandal

Alexandra Griffiths

Jun 16, 2025 • 15:06 ET

Rafael Devers Trade Leads to Influx of Futures Wagers on Giants

Brad Senkiw

Jun 16, 2025 • 14:54 ET

PointsBet Turns Down Betr Takeover in Favor of MIXI Proposal

Ziv Chen

Jun 16, 2025 • 14:07 ET

BetMGM Increases Revenue Projection to $2.6B After Strong Start to 2025

Brad Senkiw

Jun 16, 2025 • 11:23 ET

J.J. Spaun Becomes Largest Underdog Champion to Win U.S. Open Since 2009

Grant Mitchell

Jun 16, 2025 • 10:42 ET

Will a 50-Cent Fee Stop Sports Bettors From Betting?

Geoff Zochodne

Jun 16, 2025 • 10:14 ET

Six Men Charged in $1.5 Million Baccarat Cheating Scheme

Ziv Chen

Jun 15, 2025 • 09:00 ET

Hard Rock Digital Signs Content Agreement with Bragg Gaming

Ziv Chen

Jun 14, 2025 • 09:00 ET

Show more Industry News

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