Fanatics Helps Drive Record D.C. Sports Betting Handle in October
D.C. reported a record-breaking $65.8 million betting handle for October, up 13.5% from the previous record of $58 million set in September.
5 Plead Guilty to Illegal Gambling Operation in Michigan
Operators of Flint, Michigan business face 10-year felony sentence for allowing slot-style gambling without a gaming license.
Iowa Sports Betting Handle Continues to Grow Year-on-Year in October
Sportsbooks in Iowa continued to see rises in year-on-year revenue, with a 15.5% jump in October.
Billionaire Tilman Fertitta Becomes Largest Shareholder in Wynn Resorts
Following the purchase announcement, Wynn Resorts stocks increased in value by 9%, hitting $93.22 at closing after starting the day at $87.40.
Record $551M Bet by Tennessee Sports Gamblers in October
If trends follow last year's, the handle could surpass $600 million in November.
Jake Paul Bets $40M on Himself Winning Boxing Match Against Mike Tyson
YouTuber-turned-boxer goaded into betting entire fight purse on victory over boxing legend at press conference.
Maryland Sports Betting Handle Rises to Record $593M in October
Handle was also up 11.3% month-on-month, compared to the $532.9 million reported in September 2024.
Formula 1 Las Vegas Grand Prix Set to Drive Revenue Beyond the Strip
Tourism officials and local businesses are working to drive traffic not just to the race track properties but also to the downtown and the southern Strip areas.
Endeavor Sells OpenBet, IMG Arena in Management Buyout Deal
The sale comes as Endeavor prepares for its $13 billion acquisition by private equity firm Silver Lake, which is expected to close in the first quarter of 2025.
Bitcoin Value Reaches Record-High Amid Trump’s Election Victory
The cryptocurrency reached a record high of $75,000 on election night and has continued to grow since.
PointsBet Shuts Down Takeover Rumors
A MarketScreener report suggested PointsBet could be subject to a takeover worth over $300 million AUD, or approximately $197 million USD.
BetMGM Receives Approval For Multi-State Poker in New Jersey, Michigan
Shared liquidity for multi-state internet poker games between New Jersey and Michigan approved.
French Regulators Look to Ban Polymarket After Election Betting Surge
French ¡°Trump Whale¡± collected around $48 million in profits from this year¡¯s election alone.
Trump Talks Corruption in Sports Betting: 'When You Have Gambling, You Have a Lot of It'
Trump appeared on the SiriusXM podcast ¡°Let¡¯s Go!¡± and the interview featured a broad discussion on the state of sports in America, including how to fight corruption in sports gambling.
AGA CEO Applauds Missouri Voters for Legalizing Sports Betting
Bill Miller commends Missourians for landing a "knockout punch to illegal sportsbook operators in their state" after approving sports betting on election night.
Election Betting Takes Kalshi, Polymarket To Top of App Store Charts
Users holding Trump contracts stand to receive $1 per contract upon settlement, which could be as early as this week for Polymarket users, while Kalshi pays out on Inauguration Day on Jan. 20.
Lady Gaga, Madonna, Other Celebs Weigh In on 2024 Presidential Race
The celebrity endorsements for Kamala Harris are piling up, with Lady Gaga and Madonna throwing their weight behind the Democratic Presidential nominee.
Harris Campaign Targets Young Male Voters Ahead of Election Day
Kamala Harris is stepping up her efforts to win over young male voters in the leadup to Election Day ¡ª and the key demographic is responding well to those efforts.
Arizona Sports Betting Handle Rises to $497M in August
DraftKings took the top spot in August with almost $170.3 million in handle, while FanDuel also reported an impressive $145.8 million.
Legal Gambling Receives Support From Trump and Harris Supporters
Around three-quarters of voters support casino gambling, and close to 70% approve of sports betting, no matter party allegiances.