Sports Betting Industry News for July 2025

Sports Betting Industry News for Jul. 2025

Gambling Loss Deduction Tax Change: What Comes Next?

A new tax cap on gambling loss deductions could raise costs for high rollers and shift bettors toward prediction markets and unregulated alternatives.

Ryan Butler - Covers

Ryan Butler

Jul 7, 2025 • 16:37 ET • 4 min read

Super Group Plans to Exit U.S. iGaming Markets

Brad Senkiw - Covers

Brad Senkiw

Jul 8, 2025 • 12:11 ET • 4 min read

Super Group Plans to Exit U.S. iGaming Markets

Brad Senkiw

Jul 8, 2025 • 12:11 ET • 4 min read

New Jersey Fines Tipico 12 Months After it Left the U.S.

Grant Mitchell - News Editor

Grant Mitchell

Jul 8, 2025 • 11:26 ET • 4 min read

New Jersey Fines Tipico 12 Months After it Left the U.S.

Grant Mitchell

Jul 8, 2025 • 11:26 ET • 4 min read

Industry Must Reads

Ukrainian President Volodymyr Zelensky at a press conference at Marselisborg Castle in Aarhus on Thursday, July 3, 2025. Denmark officially takes over the EU presidency. (Photo: Ida Marie Odgaard/Ritzau Scanpix) (Photo by Ritzau Scanpix/Sipa USA)

Zelenskyy's Wardrobe Causes Polymarket Betting Malfunction

Ziv Chen

Jul 8, 2025 • 13:40 ET • 4 min read

BetMGM, TAPPP Team Up to Release Gaming Cards in Ontario

Grant Mitchell

Jul 8, 2025 • 13:05 ET • 4 min read

Super Group Plans to Exit U.S. iGaming Markets

Brad Senkiw

Jul 8, 2025 • 12:11 ET • 4 min read

New York Teachers Fund Cuts MGM Resorts Stake by 16%

Ziv Chen

Jul 8, 2025 • 11:35 ET • 3 min read

General Sports News

bet365 Becomes Official Sportsbook Partner of Indiana Fever

Amy Calistri - Covers.com

Amy Calistri

Jul 8, 2025 • 08:14 ET • 3 min read

bet365 Becomes Official Sportsbook Partner of Indiana Fever

Amy Calistri

Jul 8, 2025 • 08:14 ET • 3 min read

OpenAI Disavows Robinhood's Stock Tokens Tied to Its Equity

Charlotte Capewell

Charlotte Capewell

Jul 7, 2025 • 22:22 ET • 4 min read

OpenAI Disavows Robinhood's Stock Tokens Tied to Its Equity

Charlotte Capewell

Jul 7, 2025 • 22:22 ET • 4 min read

MLB Network broadcaster Bob Costas answers questions during an interview prior to the game between the Houston Astros and the New York Yankees at Minute Maid Park in August 2019. Erik Williams-Imagn Images

Legendary Broadcaster Bob Costas ‘Refused to Read Gambling Promos’

Brad Senkiw - Covers

Brad Senkiw

Jul 7, 2025 • 16:46 ET • 4 min read

Legendary Broadcaster Bob Costas ‘Refused to Read Gambling Promos’

Brad Senkiw

Jul 7, 2025 • 16:46 ET • 4 min read

Gambling Loss Deduction Tax Change: What Comes Next?

Ryan Butler - Covers

Ryan Butler

Jul 7, 2025 • 16:37 ET • 4 min read

Gambling Loss Deduction Tax Change: What Comes Next?

Ryan Butler

Jul 7, 2025 • 16:37 ET • 4 min read

GOP Big Beautiful Bill Raises Gamblers’ Concerns

Ziv Chen

Ziv Chen

Jul 7, 2025 • 15:45 ET • 4 min read

GOP Big Beautiful Bill Raises Gamblers’ Concerns

Ziv Chen

Jul 7, 2025 • 15:45 ET • 4 min read

Ohio State Buckeyes wide receiver Jeremiah Smith (4) holds the trophy following the 34-23 win over the Notre Dame Fighting Irish to win the College Football Playoff National Championship at Mercedes-Benz Stadium in Atlanta on Jan. 21, 2025.

College Football '26 Predicts Best Bets for 16-Team Playoff

Grant Mitchell - News Editor

Grant Mitchell

Jul 7, 2025 • 13:15 ET • 4 min read

College Football '26 Predicts Best Bets for 16-Team Playoff

Grant Mitchell

Jul 7, 2025 • 13:15 ET • 4 min read

State News

Super Group Plans to Exit U.S. iGaming Markets

Brad Senkiw - Covers

Brad Senkiw

Jul 8, 2025 • 12:11 ET • 4 min read

Super Group Plans to Exit U.S. iGaming Markets

Brad Senkiw

Jul 8, 2025 • 12:11 ET • 4 min read

New York Teachers Fund Cuts MGM Resorts Stake by 16%

Ziv Chen

Ziv Chen

Jul 8, 2025 • 11:35 ET • 3 min read

New York Teachers Fund Cuts MGM Resorts Stake by 16%

Ziv Chen

Jul 8, 2025 • 11:35 ET • 3 min read

New Jersey Fines Tipico 12 Months After it Left the U.S.

Grant Mitchell - News Editor

Grant Mitchell

Jul 8, 2025 • 11:26 ET • 4 min read

New Jersey Fines Tipico 12 Months After it Left the U.S.

Grant Mitchell

Jul 8, 2025 • 11:26 ET • 4 min read

GOP Big Beautiful Bill Raises Gamblers’ Concerns

Ziv Chen

Ziv Chen

Jul 7, 2025 • 15:45 ET • 4 min read

GOP Big Beautiful Bill Raises Gamblers’ Concerns

Ziv Chen

Jul 7, 2025 • 15:45 ET • 4 min read

Nevada Congresswoman Introduces Fair Bet Act to Reverse Trump Bill’s Gambling Tax Provision

Brad Senkiw - Covers

Brad Senkiw

Jul 7, 2025 • 11:20 ET • 4 min read

Nevada Congresswoman Introduces Fair Bet Act to Reverse Trump Bill’s Gambling Tax Provision

Brad Senkiw

Jul 7, 2025 • 11:20 ET • 4 min read

Louisiana Attorney General Declares Sweepstakes Casinos Illegal

Grant Mitchell - News Editor

Grant Mitchell

Jul 4, 2025 • 11:43 ET • 4 min read

Louisiana Attorney General Declares Sweepstakes Casinos Illegal

Grant Mitchell

Jul 4, 2025 • 11:43 ET • 4 min read

iGaming News

Ukrainian President Volodymyr Zelensky at a press conference at Marselisborg Castle in Aarhus on Thursday, July 3, 2025. Denmark officially takes over the EU presidency. (Photo: Ida Marie Odgaard/Ritzau Scanpix) (Photo by Ritzau Scanpix/Sipa USA)

Zelenskyy's Wardrobe Causes Polymarket Betting Malfunction

Ziv Chen

Ziv Chen

Jul 8, 2025 • 13:40 ET • 4 min read

Zelenskyy's Wardrobe Causes Polymarket Betting Malfunction

Ziv Chen

Jul 8, 2025 • 13:40 ET • 4 min read

BetMGM, TAPPP Team Up to Release Gaming Cards in Ontario

Grant Mitchell - News Editor

Grant Mitchell

Jul 8, 2025 • 13:05 ET • 4 min read

BetMGM, TAPPP Team Up to Release Gaming Cards in Ontario

Grant Mitchell

Jul 8, 2025 • 13:05 ET • 4 min read

Super Group Plans to Exit U.S. iGaming Markets

Brad Senkiw - Covers

Brad Senkiw

Jul 8, 2025 • 12:11 ET • 4 min read

Super Group Plans to Exit U.S. iGaming Markets

Brad Senkiw

Jul 8, 2025 • 12:11 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@covers.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

Lou Monaco - Contributor to Covers.com

Lou Monaco, Contributor

lmonaco@covers.com

Grant Mitchell - News Editor

Grant Mitchell, 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

Zelenskyy's Wardrobe Causes Polymarket Betting Malfunction

Ziv Chen

Jul 8, 2025 • 13:40 ET

BetMGM, TAPPP Team Up to Release Gaming Cards in Ontario

Grant Mitchell

Jul 8, 2025 • 13:05 ET

Super Group Plans to Exit U.S. iGaming Markets

Brad Senkiw

Jul 8, 2025 • 12:11 ET

New York Teachers Fund Cuts MGM Resorts Stake by 16%

Ziv Chen

Jul 8, 2025 • 11:35 ET

New Jersey Fines Tipico 12 Months After it Left the U.S.

Grant Mitchell

Jul 8, 2025 • 11:26 ET

UFC’s Dana White Scores $1.2M Baccarat Win at Fontainebleau in Las Vegas

Charlotte Capewell

Jul 8, 2025 • 09:29 ET

Hard Rock Hotel & Casino Ottawa Officially Opens Its Doors

Ziv Chen

Jul 8, 2025 • 08:53 ET

bet365 Becomes Official Sportsbook Partner of Indiana Fever

Amy Calistri

Jul 8, 2025 • 08:14 ET

OpenAI Disavows Robinhood's Stock Tokens Tied to Its Equity

Charlotte Capewell

Jul 7, 2025 • 22:22 ET

Legendary Broadcaster Bob Costas ‘Refused to Read Gambling Promos’

Brad Senkiw

Jul 7, 2025 • 16:46 ET

Gambling Loss Deduction Tax Change: What Comes Next?

Ryan Butler

Jul 7, 2025 • 16:37 ET

GOP Big Beautiful Bill Raises Gamblers’ Concerns

Ziv Chen

Jul 7, 2025 • 15:45 ET

Show more Industry News

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