Sports Betting Industry News for May 2025

Sports Betting Industry News for May. 2025

Gaming Execs Remain Unfazed by Economic Fears

Gambling company executives are still upbeat amid economic unease, touting iCasino and betting growth as key revenue drivers despite - or because of - global tariffs and market uncertainty.

Ryan Butler - Covers

Ryan Butler

May 1, 2025 • 17:42 ET • 4 min read

bet365 Reportedly Considering Potential Sale

Ziv Chen

May 1, 2025 • 11:54 ET • 4 min read

bet365 Reportedly Considering Potential Sale

Ziv Chen

May 1, 2025 • 11:54 ET • 4 min read

Sporttrade Seeks Federal Prediction Market Regulation from CFTC, Argues Competitive Disadvantage

Brad Senkiw - Covers

Brad Senkiw

May 1, 2025 • 13:44 ET • 4 min read

Sporttrade Seeks Federal Prediction Market Regulation from CFTC, Argues Competitive Disadvantage

Brad Senkiw

May 1, 2025 • 13:44 ET • 4 min read

Industry Must Reads

Gaming Execs Remain Unfazed by Economic Fears

Ryan Butler

May 1, 2025 • 17:42 ET • 4 min read

Ohio Accepts Nearly $1 Billion in March Bets, Fourth-Busiest Sports Betting Month Ever

Grant Mitchell

May 1, 2025 • 15:49 ET • 4 min read

Sporttrade Seeks Federal Prediction Market Regulation from CFTC, Argues Competitive Disadvantage

Brad Senkiw

May 1, 2025 • 13:44 ET • 4 min read

Betr Increases Bid to Complete PointsBet Acquisition

Ziv Chen

May 1, 2025 • 12:46 ET • 4 min read

General Sports News

Gaming Execs Remain Unfazed by Economic Fears

Ryan Butler - Covers

Ryan Butler

May 1, 2025 • 17:42 ET • 4 min read

Gaming Execs Remain Unfazed by Economic Fears

Ryan Butler

May 1, 2025 • 17:42 ET • 4 min read

Sporttrade Seeks Federal Prediction Market Regulation from CFTC, Argues Competitive Disadvantage

Brad Senkiw - Covers

Brad Senkiw

May 1, 2025 • 13:44 ET • 4 min read

Sporttrade Seeks Federal Prediction Market Regulation from CFTC, Argues Competitive Disadvantage

Brad Senkiw

May 1, 2025 • 13:44 ET • 4 min read

Betr Increases Bid to Complete PointsBet Acquisition

Ziv Chen

May 1, 2025 • 12:46 ET • 4 min read

Betr Increases Bid to Complete PointsBet Acquisition

Ziv Chen

May 1, 2025 • 12:46 ET • 4 min read

Robinhood Continues to Break Records as Revenue Soars by 50%

Alexandra Griffiths - Covers

Alexandra Griffiths

May 1, 2025 • 08:30 ET • 4 min read

Robinhood Continues to Break Records as Revenue Soars by 50%

Alexandra Griffiths

May 1, 2025 • 08:30 ET • 4 min read

Rush Street Interactive Enjoys 21% Year-Over-Year Revenue Growth in Q1 2025

Brad Senkiw - Covers

Brad Senkiw

Apr 30, 2025 • 20:27 ET • 4 min read

Rush Street Interactive Enjoys 21% Year-Over-Year Revenue Growth in Q1 2025

Brad Senkiw

Apr 30, 2025 • 20:27 ET • 4 min read

A view of a Nike basketball. Jerome Miron-Imagn Images

IBIA Flags 63 Suspicious Betting Alerts in Q1 2025

Jori Negin-Shecter - Covers

Jori Negin-Shecter

Apr 30, 2025 • 17:49 ET • 4 min read

IBIA Flags 63 Suspicious Betting Alerts in Q1 2025

Jori Negin-Shecter

Apr 30, 2025 • 17:49 ET • 4 min read

State News

Ohio Accepts Nearly $1 Billion in March Bets, Fourth-Busiest Sports Betting Month Ever

Grant Mitchell - News Editor

Grant Mitchell

May 1, 2025 • 15:49 ET • 4 min read

Ohio Accepts Nearly $1 Billion in March Bets, Fourth-Busiest Sports Betting Month Ever

Grant Mitchell

May 1, 2025 • 15:49 ET • 4 min read

March Marks Kentucky’s 3rd-Highest Sports Betting Handle on Record

Brad Senkiw - Covers

Brad Senkiw

May 1, 2025 • 09:35 ET • 4 min read

March Marks Kentucky’s 3rd-Highest Sports Betting Handle on Record

Brad Senkiw

May 1, 2025 • 09:35 ET • 4 min read

A general overall view of Bourbon Street prior to Super Bowl LIX. Kirby Lee-Imagn Images

Louisiana Senate Unanimously Passes Bill Banning Sweepstakes Gambling

Amy Calistri - Covers.com

Amy Calistri

Apr 30, 2025 • 17:21 ET • 4 min read

Louisiana Senate Unanimously Passes Bill Banning Sweepstakes Gambling

Amy Calistri

Apr 30, 2025 • 17:21 ET • 4 min read

Nevada Casino Win Drop Associated with Declining Tourism to Las Vegas

Ziv Chen

Apr 30, 2025 • 16:46 ET • 4 min read

Nevada Casino Win Drop Associated with Declining Tourism to Las Vegas

Ziv Chen

Apr 30, 2025 • 16:46 ET • 4 min read

FanDuel Picks Launches Peer-to-Peer DFS Contests in Five U.S. States

Brad Senkiw - Covers

Brad Senkiw

Apr 30, 2025 • 13:38 ET • 4 min read

FanDuel Picks Launches Peer-to-Peer DFS Contests in Five U.S. States

Brad Senkiw

Apr 30, 2025 • 13:38 ET • 4 min read

Caesars Brings Poker Liquidity and the WSOP Online to Pennsylvania

Ziv Chen

Apr 30, 2025 • 11:54 ET • 4 min read

Caesars Brings Poker Liquidity and the WSOP Online to Pennsylvania

Ziv Chen

Apr 30, 2025 • 11:54 ET • 4 min read

iGaming News

Gaming Execs Remain Unfazed by Economic Fears

Ryan Butler - Covers

Ryan Butler

May 1, 2025 • 17:42 ET • 4 min read

Gaming Execs Remain Unfazed by Economic Fears

Ryan Butler

May 1, 2025 • 17:42 ET • 4 min read

Betr Increases Bid to Complete PointsBet Acquisition

Ziv Chen

May 1, 2025 • 12:46 ET • 4 min read

Betr Increases Bid to Complete PointsBet Acquisition

Ziv Chen

May 1, 2025 • 12:46 ET • 4 min read

bet365 Reportedly Considering Potential Sale

Ziv Chen

May 1, 2025 • 11:54 ET • 4 min read

bet365 Reportedly Considering Potential Sale

Ziv Chen

May 1, 2025 • 11:54 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, 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

Gaming Execs Remain Unfazed by Economic Fears

Ryan Butler

May 1, 2025 • 17:42 ET

Ohio Accepts Nearly $1 Billion in March Bets, Fourth-Busiest Sports Betting Month Ever

Grant Mitchell

May 1, 2025 • 15:49 ET

Sporttrade Seeks Federal Prediction Market Regulation from CFTC, Argues Competitive Disadvantage

Brad Senkiw

May 1, 2025 • 13:44 ET

Betr Increases Bid to Complete PointsBet Acquisition

Ziv Chen

May 1, 2025 • 12:46 ET

bet365 Reportedly Considering Potential Sale

Ziv Chen

May 1, 2025 • 11:54 ET

March Marks Kentucky’s 3rd-Highest Sports Betting Handle on Record

Brad Senkiw

May 1, 2025 • 09:35 ET

Robinhood Continues to Break Records as Revenue Soars by 50%

Alexandra Griffiths

May 1, 2025 • 08:30 ET

Rush Street Interactive Enjoys 21% Year-Over-Year Revenue Growth in Q1 2025

Brad Senkiw

Apr 30, 2025 • 20:27 ET

IBIA Flags 63 Suspicious Betting Alerts in Q1 2025

Jori Negin-Shecter

Apr 30, 2025 • 17:49 ET

Louisiana Senate Unanimously Passes Bill Banning Sweepstakes Gambling

Amy Calistri

Apr 30, 2025 • 17:21 ET

Nevada Casino Win Drop Associated with Declining Tourism to Las Vegas

Ziv Chen

Apr 30, 2025 • 16:46 ET

MGM Resorts Not Responsible in $25 Million Gambling Addiction Suit

Ziv Chen

Apr 30, 2025 • 15:47 ET

Show more Industry News

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