Big Revenue Streak Finally Runs Out for New York Online Sportsbooks
New York's online sportsbooks posted their worst revenue week since mid-April, ending a five-week hot streak as MLB bettors cooled operator profits and brought hold rates below 10% for the first time in nearly two months.
Joey Chestnut Dominates Betting Markets in Return to Nathan’s Hot Dog Eating Contest
The competitive eater is back at Nathan’s Hot Dog Eating Contest on Friday after a one-year ban. Oddsmakers reacted strongly to the event’s 16-time winner.
Las Vegas Expects Downward Visitor Trend During Fourth of July Weekend
The Las Vegas Convention and Visitor Authority (LVCVA) believes year-over-year Sin City visits should drop 1.16% during the July 4th holiday weekend.
BetMGM Bettor Takes Massive Shots on Three College Football Teams in Outright Winner Market
One college football bettor is hammering the futures market, dropping hundreds of thousands on Texas, Penn State, and Clemson. Meanwhile, longshots like Arizona State and Colorado still attract action.
Virginia Sports Betting Action Rises 18% in May, Hold Tops 12%
The Old Dominion’s sportsbooks generated $595 million in wagers and $72 million in gross revenue during a high win rate month for operators.
Heavy Favorite Jessica Pegula Knocked Out in First Round of Wimbledon
No. 3 seed Jessica Pegula was upset in straight sets by Elisabetta Cocciaretto, stunning bettors who placed over 96% of wagers on Pegula and marking the biggest betting surprise of the Wimbledon tournament so far.
Ohio Sportsbooks Surpass $80 Million in May Revenue
The Buckeye State’s online and retail sportsbooks used a 12% hold on a $741 million handle to produce 2025's best profit month yet.
Nevada Sports Betting Operators Make $46.8 Million in May as Bettors Go Big on MLB
The Silver State’s online and retail sports betting operators hauled in $46.8 million in revenue from a $576.7 million handle, a 30% increase year-over-year.
New York Online Sportsbooks Match Best-Ever Revenue Streak with Another Dominating Week
Empire State bettors continued to take a beating as mobile operators produced the fifth consecutive $50 million profit week for just the second time ever.
Lawsuits Continue to Attack Sweepstakes Gaming Companies Operating in Alabama
Class action suits against online sweepstakes gaming operators are piling up in the Yellowhammer State.
Maine’s Legalized iGaming Bill Faces Last Major Obstacle
The Pine Tree State inched closer to legalizing online casino gaming, but a crucial hurdle remains.
Kalshi Receives $185 Million in Funding, Increases Valuation to $2 Billion
The prediction trading platform aims to become “the most important financial market on the planet”
California Tribal Leader Says Anti-Sweepstakes Bill Can Pass During Current Legislative Session
California Nations Indian Gaming Association supports the legislative effort to make online sweepstakes gaming illegal.
Joe Asher Returns to Nevada Sports Betting Scene with Independent Operation
A Las Vegas sportsbook veteran takes a maverick route with a new venture.
New Jersey Governor, Legislature Reportedly Settle on Sports Betting, iGaming Tax Hike
A tax increase on online sports wagering and mobile casinos is coming to the Garden State, but it’ll likely be less than Gov. Phil Murphy originally proposed.
Cooper Flagg Dominates Sportsbooks’ Handle in NBA Draft’s No. 1 Overall Market
Duke’s star is getting massive amounts of handle to go No. 1 overall at several sportsbooks.
Online Sweepstakes Company ARB Interactive Acquires Publishers Clearing House
Two months after filing for bankruptcy, PCH sells for $7.1 million.
Multiple Sportsbooks Void Tyrese Haliburton Bets After Early Game 7 Injury
While the Pacers guard hit the over on 2.5 three-pointers, the early exit also led Haliburton to not have a shot at reaching 6.5 assists, 4.5 rebounds, and combination markets.
Massachusetts Sportsbooks Produce 40% Increase in Revenue During May
The Bay State’s online and retail sportsbooks generated $655.8 million and $82.5 million in revenue, the second-highest of 2025.
New York's Weekly Sports Betting Handle Drops Below $400M
It’s the first handle below $400 million since the last week in August 2024, right before the start of football season.