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Colorado Sports Betting Changes To Take Effect

Colorado Sports Betting Changes To Take Effect

Changes to Colorado sports betting are set to take effect on August 12th. This comes after Gov. Jared Polis signed SB 131 into law back in June. The goal is to create a safer environment for Colorado sports bettors by prioritizing responsible gaming. In a recent public statement, Gov. Polis said, “Pernicious algorithms and advertisements are increasingly preying on online sports bettors.” He added that they “must ensure there are …

by Frank Ammirante
Members of Congress Demand Changes to MLB Gambling Policy

Members of Congress Demand Changes to MLB Gambling Policy

U.S. Congress members Sen. Richard Blumenthal, along with U.S. Reps. Paul D. Tonko and Valerie P. Foushee have urged MLB and MLBPA to prevent athletes from participating in sports betting VIP program promotions. This comes after an incident with FanDuel, where a VIP host sent a personalized “Cameo” video from Bryce Harper to a user who was dealing with problem gambling. According to the Philadelphia Inquirer, these three members of …

by Frank Ammirante
Bally’s Chicago Expansion Faces Fresh Uncertainty Amid Gaming Dispute

Bally’s Chicago Expansion Faces Fresh Uncertainty Amid Gaming Dispute

Bally’s has paused construction on several parts of its permanent Chicago casino development as tensions continue to rise over the future of video gambling terminals within the city. The decision marks a significant development in one of the largest gaming projects currently under construction in Illinois. While Bally’s says the casino itself remains on schedule to open in early 2027, the company has confirmed that work is being scaled back …

by Ian Valentino
July Delivers Record Revenue Month for New York Sports Betting Operators

July Delivers Record Revenue Month for New York Sports Betting Operators

New York’s online sports betting market produced a historic July, setting a new revenue record for the month despite the industry’s traditionally slower summer period. According to figures released by the New York Gaming Commission, the state’s eight licensed online sportsbooks generated $214.4 million in gross gaming revenue from $1.88 billion in wagers during July. The total marked the first time monthly July revenue surpassed $200 million since mobile sports …

by Ian Valentino
Genius Sports Exceeds Expectations in Q2 2026

Genius Sports Exceeds Expectations in Q2 2026

Genius Sports exceeded expectations with its Q2 2026 results. The company reported group revenue of $196 million, eclipsing its guidance of $185 million. Growth was supported by continued adoption of its GeniusIQ platform and the acquisition of Legend, which expanded the company’s media business. As a leading supplier of official sports data and betting technology, Genius Sports plays an important role on the backend for sportsbooks. Continued investment in its …

by Frank Ammirante
PENN Entertainment Q2 Report Shows Positive Results

PENN Entertainment Q2 Report Shows Positive Results

PENN Entertainment Inc. released Q2 results earlier this week, which included record-setting growth from its retail segment along with continued improvement from iGaming. These were driven by a launch in a new market, increased engagement from the World Cup, and the opening of new properties. The results highlight how PENN’s pivot to a focus on online casino over sports betting has been highly beneficial for the company. Jay Snowden, CEO …

by Frank Ammirante
Bettors’ Hot Streak Leaves DraftKings’ Q2 Revenue In The Red

Bettors’ Hot Streak Leaves DraftKings’ Q2 Revenue In The Red

DraftKings closed the second quarter of 2026 with a familiar mismatch between growth and profitability. The Boston-based operator reported that customers wagered $13.1 billion through its sportsbook and Predictions products between April and June, a 15% jump from the $11.5 billion handled during the same stretch of 2025. Yet that surge in activity did not translate into stronger earnings. Revenue for the quarter came in at $1.44 billion, down 5% …

by Ian Valentino
Fanduel’s Sportsbook Revenue Slides In The Second Quarter

Fanduel’s Sportsbook Revenue Slides In The Second Quarter

FanDuel’s sports betting arm saw revenue drop 15% year over year in the second quarter of 2026, as bettor-friendly outcomes tied to the FIFA World Cup and the New York Knicks’ NBA Finals win cut into the operator’s profits. Parent company Flutter Entertainment disclosed the figures in its Q2 earnings release, which also detailed the sportsbook and iGaming leader’s combined revenue for the period. FanDuel and Flutter reported that overall …

by Ian Valentino
Arizona Division of Problem Gambling Expands Access to Financial Counseling

Arizona Division of Problem Gambling Expands Access to Financial Counseling

The Arizona Division of Problem Gambling recently announced that it has expanded access to financial counseling for problem gambling. The goal is to make their responsible gaming tools more accessible for individuals dealing with gambling addiction. With this move, Arizona is setting the tone for other states to take a proactive approach to addressing this major issue. With this announcement, Arizona residents who have enrolled in voluntary self-exclusion from sports …

by Frank Ammirante
Wisconsin Institute for Law & Liberty Files Lawsuit Aiming to Overturn Sports Betting Law

Wisconsin Institute for Law & Liberty Files Lawsuit Aiming to Overturn Sports Betting Law

The Wisconsin Institute for Law & Liberty (WILL) has recently filed a lawsuit that challenges Wisconsin Act 247, which legalizes Wisconsin online sports betting through the tribal compacts. The bill would enable users to place wagers that are processed through servers on tribal lands. WILL argues that Wisconsin Act violates the state constitution. WILL Associate Counsel Kirsten Atanasoff stated that “Wisconsinites expressed through a constitutional amendment that the Legislature may …

by Frank Ammirante
Churchill Downs Bets on Racing Future With Nine-Casino Exit Strategy

Churchill Downs Bets on Racing Future With Nine-Casino Exit Strategy

Churchill Downs Inc. is making a significant strategic shift that could reshape its business for years to come. The company, best known for owning the iconic Churchill Downs Racetrack and hosting the Kentucky Derby, has announced plans to sell nine casino properties spread across multiple states. The move signals a renewed emphasis on horse racing and online wagering operations, areas the company believes offer stronger long-term opportunities. While casino gaming …

by Ian Valentino
Sen. Britt Emphasizes Need to Address Gambling Ads

Sen. Britt Emphasizes Need to Address Gambling Ads

On a recent episode of “Keeping It Real: Conversations with Jillian Michaels,” Sen. Katie Britt discussed the effects of gambling ads on youth, along with the issue of children circumventing age restrictions to access sports betting sites. She outlined The GAME Act, which is recent legislation introduced to put restrictions on sports betting advertisements towards youth. Sen. Britt mentioned how it’s not just teenagers actively searching for betting sites. Children …

by Frank Ammirante

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FanDuel Issued Fine by Iowa Racing and Gaming Commission

FanDuel Issued Fine by Iowa Racing and Gaming Commission

FanDuel was fined $95,000 by the Iowa Racing and Gaming Commission for allowing wagers that aren’t permitted in Iowa. One of the violations was on a soccer game, while the other came in basketball. The goal here is for Iowa to set an example, showing that violations will be met with consequences, even for the top operators within the state. The violation in a soccer game was on betting on …

by Frank Ammirante
Ohio Governor Nominees Have Varying Opinions on Sports Betting Expansion

Ohio Governor Nominees Have Varying Opinions on Sports Betting Expansion

According to a recent report, candidates for Ohio governor support iGaming expansion within the state. This includes Democratic nominee Amy Acton and Libertarian candidate Don Kissick. However, Republican nominee Vivek Ramaswamy has remained silent on the issue, so Ohio iGaming expansion could be determined by the results of the upcoming election. Ohio is a market that generates approximately $3.5 billion in revenue in 2025, according to the American Gaming Association. …

by Frank Ammirante
Exclusive: Vegas Club Casino Executive Shares Details of Newest NJ iGaming App

Exclusive: Vegas Club Casino Executive Shares Details of Newest NJ iGaming App

Vegas Club Casino is one of the newest brands to join the extremely mature New Jersey iGaming market this summer. The platform from G2 Digital launched on June 25 via a market access deal with Caesars Atlantic City. Co-founders Greg Carlin and Dan Alexander are leading the team. Deadspin spoke exclusively with Carlin, who previously served as CEO and co-founder of Rush Street Gaming and Rush Street Interactive, on a …

by Bill Gelman
Arizona Sports Betting Market Expands With 13th Online Sportsbook Approval

Arizona Sports Betting Market Expands With 13th Online Sportsbook Approval

Arizona’s online sports betting market is set to grow again after state regulators approved a new operator license, paving the way for another sportsbook to enter one of the country’s most competitive wagering landscapes. The Arizona Department of Gaming (ADG) announced that Circa Sports has been awarded an event wagering operator license through a partnership with the San Juan Southern Paiute Tribe. The approval makes Circa Sports the state’s 13th …

by Ian Valentino
Flutter Finalizes Delisting from London Stock Exchange, Prioritizes U.S. Market

Flutter Finalizes Delisting from London Stock Exchange, Prioritizes U.S. Market

Flutter Entertainment (NYSE: FLUT), which operates FanDuel, has delisted from the London Stock Exchange, making it only available on the New York Stock Exchange. The move signals Flutter’s intention to prioritize the U.S. market amid rising operational costs in maintaining a listing on the London Stock Exchange. The move could result in enhanced features at FanDuel. It comes at a time when FanDuel faced public scrutiny related to its VIP …

by Frank Ammirante
50 Cent Backs Bally’s Louisiana Growth With Shreveport Casino Deal

50 Cent Backs Bally’s Louisiana Growth With Shreveport Casino Deal

Bally’s Corporation has completed its acquisition of Sam’s Town Shreveport from Boyd Gaming, marking a significant expansion of the company’s presence in Louisiana. The transaction adds another gaming and hospitality property to Bally’s growing portfolio and strengthens its position in the Shreveport-Bossier market. The deal is part of Bally’s broader effort to expand in regional gaming markets across the United States. With the acquisition finalized, the company said the property …

by Ian Valentino
Deleted WNBA Social Media Post is a Bad Look for the League

Deleted WNBA Social Media Post is a Bad Look for the League

The WNBA recently deleted a social media post that showed a video of Dallas Wings guard Paige Bueckers and Atlanta Dream forward Angel Reese talking about a bet they made on their upcoming game at All-Star Weekend. The video not only went against the league’s gambling policy, but it had bad optics considering recent gambling scandals across sports. This comes after recent complaints from players that the league needs to …

by Frank Ammirante
California Sports Betting Effort Remains Focused on 2028 Vote

California Sports Betting Effort Remains Focused on 2028 Vote

California’s long-running sports betting debate appears unlikely to return to voters before 2028, according to tribal gaming leaders who continue to view that year as the most realistic timeline for a statewide online sports betting initiative. The latest comments from tribal representatives suggest the state’s largest gambling stakeholders are taking a measured approach after voters overwhelmingly rejected competing sports betting proposals in 2022. While four years may seem like a …

by Ian Valentino
Players Concerned MLB is Not Doing Enough for Integrity Protection

Players Concerned MLB is Not Doing Enough for Integrity Protection

A recent survey conducted by The Athletic showed that nearly one-fifth of respondents feel like MLB is not doing enough to protect against players collaborating with gamblers to manipulate game results for potential gambling profits. Despite these survey results, recent developments suggest MLB is being proactive in ensuring that betting scandals don’t happen again. The Athletic surveyed 100 MLB players from 23 teams from February to May 2026. The question …

by Frank Ammirante
Hard Rock Bet Bans Credit Card Deposits

Hard Rock Bet Bans Credit Card Deposits

Hard Rock Bet is the latest operator to remove credit cards as a deposit method on its sports betting platform. The goal is to enhance consumer protections, aligning with the industry trend of preventing players from funding their accounts on credit. The move is the latest example of Hard Rock Bet demonstrating its commitment to responsible gaming. Sportsbooks have decided to remove credit cards as a deposit method to prioritize …

by Frank Ammirante
Illinois Law Redefines Problem Gambling as a Public Health Issue

Illinois Law Redefines Problem Gambling as a Public Health Issue

Illinois has taken a significant step in reshaping how problem gambling is addressed by state agencies and healthcare providers. Gov. J.B. Pritzker recently signed Senate Bill 2749 into law, officially recognizing gambling disorder under Illinois’ Substance Use Disorder Act. The move places compulsive gambling in the same legal framework as alcohol and drug addiction, a change supporters say modernizes state policy as legal gambling continues to grow.  The legislation arrives …

by Ian Valentino
Caesars Revenue Climbs to $3 Billion as Fertitta Deal Nears

Caesars Revenue Climbs to $3 Billion as Fertitta Deal Nears

Caesars Entertainment reported nearly $3 billion in revenue during the second quarter of 2026, providing a snapshot of the casino operator’s financial position as it moves toward a planned acquisition by Fertitta Entertainment. The company generated $2.99 billion in revenue for the three months ending June 30, representing a 3% increase from the same period a year earlier. The earnings report arrives as Caesars prepares for a significant corporate transition. …

by Ian Valentino

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VGW is Shutting Down LuckyLand Slots

VGW is Shutting Down LuckyLand Slots

VGW is a popular sweepstakes operator, running platforms such as Chumba Casino, Global Poker, and LuckyLand Slots. However, the company has decided to shut down LuckyLand Slots. It will be a phased shutdown, starting on August 3rd and ending on September 14th, allowing users some time to redeem their rewards. The goal for VGW here is to focus on its other brands. VGW has started informing players of the shutdown. …

by Frank Ammirante
Pennsylvania Gaming Revenue Reaches Historic $7 Billion Milestone as Online Betting Fuels Growth

Pennsylvania Gaming Revenue Reaches Historic $7 Billion Milestone as Online Betting Fuels Growth

Pennsylvania’s regulated gaming industry reached a major benchmark during the 2025-26 fiscal year, generating more than $7 billion in revenue for the first time. According to figures released by the Pennsylvania Gaming Control Board (PGCB), total gaming revenue climbed above $7 billion during the 12 months ending June 30, highlighting the continued growth of online gambling and sports betting across the state. The revenue milestone reflects gains across several gaming …

by Ian Valentino
Illinois Updates Senate Bill 2749 to Address Problem Gambling

Illinois Updates Senate Bill 2749 to Address Problem Gambling

Illinois has made changes to state law to help take a proactive approach to addressing problem gambling. Governor JB Pritzker recently signed Senate Bill 2749, which changes the Substance Use Disorder Act to help with those dealing with gambling addiction. The updated language to Senate Bill 2749 will facilitate a more coordinated statewide effort for problem gambling, whether that’s through early intervention strategies or treatment programs. The bill states that …

by Frank Ammirante
Crown Coins Introduces Trading Card Element to Platform

Crown Coins Introduces Trading Card Element to Platform

Crown Coins is a popular sweepstakes casino that has made changes in its offerings in light of the recent nationwide crackdown on these types of platforms. Users can now engage in online card trading. It’s a strategy that Crown Coins seems to be employing to stay operational in a U.S. market where several states have issued cease-and-desist letters or issued outright bans on sweepstakes casinos. The trading card element featured …

by Frank Ammirante
Michigan Sportsbooks Avoid World Cup Hold Collapse as Handle Drops

Michigan Sportsbooks Avoid World Cup Hold Collapse as Handle Drops

Most states spent June blaming the FIFA World Cup for shrinking sportsbook profits. Michigan found itself in a different position. According to figures released by the Michigan Gaming Control Board, sportsbooks in the state accepted $372.5 million in wagers during June and generated nearly $21 million in revenue. While those numbers reflected significant year-over-year changes, Michigan’s betting market produced an unusual result compared to many other legal sports betting jurisdictions. …

by Ian Valentino