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Massachusetts Breaks Sports Betting Revenue Record in January

Massachusetts Breaks Sports Betting Revenue Record in January

The Massachusetts sports betting industry achieved a record high of $94.4 million in gross gaming receipts in January. The industry also recorded its third-highest monthly handle since legalizing its gambling market in 2023. The $93.6 million sports betting revenues marked a 32.8% increase from the $71.1 million reported in January 2024. This also exceeds the previous high of $75.4 million, which was recorded in November 2024 according to data from …

by Vinolin Naidoo
Pennsylvania Gambling Revenue Up, But Sports Betting Down in January 2025

Pennsylvania Gambling Revenue Up, But Sports Betting Down in January 2025

The new year brought varying results for the Pennsylvania iGaming industry. While Pennsylvania gaming revenue continued its upward trajectory, taxable receipts generated from sports betting declined despite higher betting activity in the Keystone State. According to the data published by the Pennsylvania Gaming Control Board, total market revenue for gambling reached $529.1 million, which is a 10.9% increase of last year’s $477.2 million. This, however, wasn’t the case for sports …

by Vinolin Naidoo
Maryland Senator Files Bill to Shut Down Sports Betting

Maryland Senator Files Bill to Shut Down Sports Betting

The Free State may no longer be a free state for online sports betting next year. This after a Maryland lawmaker filed a bill to shut down the thriving Maryland sports betting industry starting January 1, 2026. Maryland Senator Joanne Benson filed Senate Bill 1033 earlier this year in the hopes of shutting down the legal online sports betting market. This marks the second legislative attempt in the country to …

by Vinolin Naidoo
Hawaii Moving Forward With Digital Sports Betting Bill

Hawaii Moving Forward With Digital Sports Betting Bill

Hawaiian sports fans might be able to bet on hometown hero Max Holloway the next time he steps into the Octagon. This came after the state’s House Finance Committee approved a bill legalizing Hawaii sports betting in the Aloha State. If approved, House Bill 1308 would regulate sports wagering operators should they obtain the necessary licensing requirements from the Department of Commerce and Consumer Affairs. HB 1308 advanced to the …

by Vinolin Naidoo
Mississippi Committee Approves Increase in Tax on Casinos

Mississippi Committee Approves Increase in Tax on Casinos

A Mississippi Bill that would increase the tax rate on casino revenue is making its way to a Full House hearing. This after the Ways and Means Committee approved HB 1881 on Tuesday 25 February in the hope of raising Mississippi casino taxes from 12% to 16%. Ways and Means Committee chairman, Trey Lamar, revealed that this move would allow Mississippi to recoup the millions of dollars lost by not …

by Vinolin Naidoo
Online Casino Legalization Unlikely in Indiana During 2025

Online Casino Legalization Unlikely in Indiana During 2025

The story of Indiana’s online casino aspirations just hit a rough patch after House Bill 1432 failed to get a Senate Committee hearing. Following this latest development, the state’s online casino industry potentially faces a long wait until the matter can be presented once again. If HB 1432 had succeeded, it would have paved the way for Indiana residents to legally play at online casinos and allowed the Hoosier Lottery …

by Vinolin Naidoo
Season-long Props & Awards Betting Could Be Available in New York

Season-long Props & Awards Betting Could Be Available in New York

Things seem to be looking up for fans of New York sports betting. A Senate Committee recently approved SB 2616 seeking to expand sports betting options throughout the Empire State. When this Bill comes into full effect, it will add season-long proposition bets and sports awards wagering to what is already a strong list of betting markets in New York state. The NY sports betting industry has welcomed this development, …

by Vinolin Naidoo
Tennessee Sees Sports Wagering Decline in January 2025

Tennessee Sees Sports Wagering Decline in January 2025

The Tennessee Sports Wagering Council (SWC) reported that January bettor spending at the state’s licensed sportsbooks reached $549 million, dropping 4.1% from December 2024. However, the consistently impressive Tennessee betting revenue and significant year-over-year growth indicate a robust market. This is probably why the reactions following this news have been more measured than concerned. Industry experts say the drop in January’s sports betting handle is not indicative of any particular …

by Vinolin Naidoo
Sports Betting Ammendment HB 134 Filed in Texas

Sports Betting Ammendment HB 134 Filed in Texas

The long road to legalize sports betting in Texas has reached a critical point with the recent filing of the sports betting amendment bill, HJR 134. For a very long time, a range of obstacles and bureaucratic issues have prevented Texas from joining the growing list of US states to legalize sports betting. This situation may change soon, thanks to a renewed push that has rallied more support and included …

by Vinolin Naidoo
Legal Sports Betting Unlikely to Progress in Minnesota

Legal Sports Betting Unlikely to Progress in Minnesota

At the latest Senate hearing for Bill SB757 on February 13, 2025, the Minnesota sports betting industry received a massive blow to its bid to become legalized. The Bill failed to rally sufficient support, ending in a 6 – 6 deadlock, and leaving no clear way forward. The last hearing marked the fifth consecutive session where Minnesota lawmakers attempted to legalize sports betting. As the dust settles on another failed …

by Vinolin Naidoo
New Jersey iGaming Revenue Tops $553 Million in January

New Jersey iGaming Revenue Tops $553 Million in January

As we head further into 2025, the latest gambling-related news from New Jersey points to a continued positive showing from the Garden State’s iGaming Industry. In January, the New Jersey gambling revenue hit a high of $553.9 million. While this figure represents a nominal 0.9% drop from the January 2024 numbers, it still marks a healthy 6% increase on December figures. Industry sources suggest the drop is due to a …

by Vinolin Naidoo
Illinois Making Another Attempt to Legalize Online Casinos

Illinois Making Another Attempt to Legalize Online Casinos

Illinois lawmakers are making their second bid to bring casino gaming online in a move that’s both bold and long overdue. The goal is to get online casinos in Illinois operating legally, and it promises to be an exciting journey. With a state senator and a representative backing this move via two carefully crafted bills, there’s hope that a favorable response is in the pipeline. As the state faces budget …

by Vinolin Naidoo

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Illinois Sees AGR Grow 21% Year on Year for January

Illinois Sees AGR Grow 21% Year on Year for January

2025 may still be relatively fresh, but it has surely brought up some interesting igaming-related news. One such report came from Illinois, and January’s Illinois igaming revenue figures are the subject of interest. Sixteen Illinois casinos reported adjusted gross receipts (AGR) of over $143.9 million in January 2025. Compare this with the $118.6 million generated in January 2024 and you’ll spot a massive 21.3% increase. Although this was still lower …

by Vinolin Naidoo
Hawaii Considering Legalizing Gambling and Building Casinos

Hawaii Considering Legalizing Gambling and Building Casinos

Hawaii, one of only two US states to block all forms of gambling, is currently debating whether to allow regulated casino gaming and sports betting. Several Bills are being lobbied to introduce Hawaii casinos to the general public. If these Bills pull through the legislative process, it would be historic. Those promoting the Bills argue for the various economic benefits that a legalized casino and online gaming market can fetch …

by Vinolin Naidoo
Maryland Casino Revenue Declines 0.9% Down to $151.8m in January 2025

Maryland Casino Revenue Declines 0.9% Down to $151.8m in January 2025

Maryland’s casino industry was greeted with news of a slight drop in gaming revenue for January 2025, with figures dropping 0.9% year-over-year to $151.8 million. Despite the hit to Maryland casino revenue, there was positive news elsewhere. State contributions from casino gaming gained 0.8% to $63.7 million, with the Education Trust Fund largely benefiting from this. MGM National Harbor recorded revenue growth, although many other casinos recorded declines. While these …

by Vinolin Naidoo
Wyoming Fails to Progress Legal iGaming Bill HB162 Forward

Wyoming Fails to Progress Legal iGaming Bill HB162 Forward

Wyoming’s bid to legalize online gaming hit a rough patch as House Bill 162 (HB 162) failed to garner support in a legislative committee hearing. The implications of this development for online betting in Wyoming will lead the discussions going forward. Due to the committee being unable to secure a second on a motion to consider the Bill, the future of the betting industry in Wyoming is in limbo. With …

by Vinolin Naidoo
Flordia Decoupling Bill Passes House Subcommittee by Wide Margin

Flordia Decoupling Bill Passes House Subcommittee by Wide Margin

Stakeholders in the Florida horse racing industry are bracing for a major shift as House Bill 105 progresses through the legislative process. The hotly-contested Florida decoupling bill seeks to separate casino operations from live horse racing at Thoroughbred tracks. The passing of HB105 has received mixed reaction, and sparked serious debate. While supporters of the Bill argue for flexibility and adaptation, opponents warn that this move could spell the end …

by Vinolin Naidoo
Vegas Strip Revenue Declines 2.7% in December

Vegas Strip Revenue Declines 2.7% in December

While the gaming industry in Nevada hit new single-month revenue records in December 2024, Vegas Strip casinos declined, with Vegas Strip revenue falling 2.7% to $881.2 million from the $905.3 million record it set in December 2023. The main area of revenue decline was for table games, with numbers falling 16% to $385.9 million from December 2023. While slot machines on the Strip set new revenue records, reaching $495.4 million, …

by Vinolin Naidoo
Mississippi Moves Forward with Mobile Sports Betting Bill

Mississippi Moves Forward with Mobile Sports Betting Bill

Mississippi is advancing with a mobile sports betting bill that will improve its gambling market. With this new legislation, the state hopes to improve its tax collection as well as modernize the gaming industry by legalizing Mississippi online betting. The state legalized sports betting in 2018, and it’s clear most bettors are willing to transition to online gambling. Mississippi recognises that revenue has been lost due to the absence of …

by Vinolin Naidoo
New Efforts to Legalise “Skill Games” in Pennsylvania

New Efforts to Legalise “Skill Games” in Pennsylvania

The skill games currently under scrutiny are similar to slot machines in that they offer players an opportunity to win money. However, unlike slots, players can influence the game’s outcome by completing a skill-based task, like memorizing a pattern. Pennsylvania skill games currently fall outside the realm of normal gambling laws since their mechanic is not based on chance alone. Skill game manufacturers claim that this element permits them freedom …

by Vinolin Naidoo
Ohio Governor Looking to Double Sports Betting Tax

Ohio Governor Looking to Double Sports Betting Tax

Two years ago, Ohio sports betting tax increased from 10% to 20%. Now, the rate could rise to 40% if Governor Mike DeWine’s proposal is accepted. His aim is to increase the state’s betting revenue to around $180 million annually. The move has raised many eyebrows, primarily because it could result in a decline in Ohio’s sports betting sector. There are also fears that a surge in betting costs could …

by Vinolin Naidoo
Connecticut Aims to Expand Sports Betting Legislation

Connecticut Aims to Expand Sports Betting Legislation

Sports betting in Connecticut was legalized in 2021, making it one of the 39 states to permit gambling. Since then, the Connecticut sports betting industry has grown significantly, offering more than $98 million in revenue over the last fiscal year. Now, with the steady growth of the state’s sports betting industry, a few changes are being proposed. Representative Tony Scott has introduced five new bills to expand the Connecticut sports …

by Vinolin Naidoo
Michigan Online Gambling Revenue Tops $2.9 Billion in 2024

Michigan Online Gambling Revenue Tops $2.9 Billion in 2024

2024 was a record-breaking year for the Michigan online gambling market. Revenues in the state’s online casino and sports betting sectors hit an astonishing $2.9 billion. This figure indicates a year-on-year increase of 23.8%, cementing Michigan as an online gambling hotspot. Online casino activities led the charge with a revenue total of $2.4 billion. While the online sports betting arm of the market contributed $460.5 million. Online casino gaming activities …

by Vinolin Naidoo
New Hampshire Rules Out Raising Legal Sports Betting Age

New Hampshire Rules Out Raising Legal Sports Betting Age

New Hampshire is one of only four US states that allow sports betting for bettors from 18 years old. However, a recent bill was proposed to raise the New Hampshire legal betting age to 21 years. After a meeting by the House Ways and Means Committee, it was voted 11-7 against advancing the bill, determining it was “inexpedient to legislate.” Due to this decision, the bill failed, as the majority …

by Vinolin Naidoo

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December Sees Lowest Hold in North Carolina Since Launch

December Sees Lowest Hold in North Carolina Since Launch

December 2024 saw the lowest hold rate for North Carolina sports betting, since online betting was legalized in the state during March 2024. It is likely that a confirmed win rate of 5.8% is responsible for the low hold rate. The hold rate dipping below 10% had a knock-on effect which impacted on the estimated tax revenues for sportsbook sector, which posted the month, posting the second lowest figure for …

by Paul Skidmore
Pennsylvania Continues to Break iGaming Revenue Records

Pennsylvania Continues to Break iGaming Revenue Records

Gambling operators in PA saw a strong end to 2024, as they notched up another excellent month of Pennsylvania betting revenue following November’s figures. The gambling sector overall brought in $533.1 million in revenue to close out the year. The Pennsylvania Gaming Control Board (PGCB) confirmed the news in a recent press release. This confirmed that iGaming had seen the biggest jump in the sector, with online slots, table games, …

by Paul Skidmore
Circus Circus Casino Could be Sold – Phil Ruffin

Circus Circus Casino Could be Sold – Phil Ruffin

Phil Ruffin, the billionaire behind Circus Circus Las Vegas, has announced plans to sell the iconic property. With the casino on the market, rumors are rife, as the deal could be worth somewhere in the region of $5 billion. Ruffin plans to focus on fresh opportunities, including acquiring a larger property on the Las Vegas Strip. However, he is also open to exploring potential investments beyond Las Vegas. One thing …

by Paul Skidmore
BetMGM Acquires IP Rights Including Price is Right and Family Fued Games

BetMGM Acquires IP Rights Including Price is Right and Family Fued Games

BetMGM has started 2025 off with a bang by acquiring the intellectual property rights for two iconic TV shows. You can expect to see slot game releases for The Price is Right and Family Feud at some point later this year. BetMGM’s deal with Fremantle allows the brand to develop slots, table games, and other content for both online and retail casinos. By combining these popular TV game shows with …

by Paul Skidmore
Kentucky Considering Casinos and Fantasy Sports in HB33

Kentucky Considering Casinos and Fantasy Sports in HB33

The Bluegrass state has been long associated with horse racing, but could legal Kentucky casinos finally be on their way? In the second week of January 2025, House Representative Thomas Huff introduced House Bill 33 (HB33). HB33 proposes legalizing land-based and river casinos, plus the regulation of fantasy sports. It also proposes the implementation of a 21% tax levy on casino revenue, which is towards the high end compared to …

by Paul Skidmore

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