Betting

The British Horseracing Authority (BHA) is pointing fingers at the Gambling Commission’s financial risk checks for a sharp drop in betting turnover. The group claims punters are walking away from the sport or shifting their bets to unlicensed operators, raising concerns about the industry’s financial future. Betting Revenue Takes a Hit According to the BHA’s…

A bipartisan group of lawmakers is once again making a case for eliminating a decades-old tax on legal sports betting. Representatives Dina Titus (D-Nev.) and Guy Reschenthaler (R-Pa.), co-chairs of the Congressional Gaming Caucus, reintroduced legislation Tuesday to repeal the federal excise tax on sports wagering. It marks their fourth attempt to get rid of…

A New York Senate committee took a significant step Tuesday (Feb. 11), approving a bill that would expand the state's sports betting market. The legislation, SB 2616, sponsored by state senator Joseph P. Addabbo, Jr., would legalize season-long proposition bets and wagering on future award winners like the Heisman Trophy. It also includes a provision…

Two bills that could bring sports betting to Oklahoma have cleared an initial hurdle, passing unanimously out of a key House subcommittee. While the move signals progress, the real battle is just beginning. The state’s complicated relationship with tribal gaming operators—and Governor Kevin Stitt—could determine whether Oklahoma joins the growing list of states with legal…

Engagement in Super Bowl betting remained high this year, but according to Wall Street analyst Chad Beynon from Macquarie Equity Research, the final outcome wasn’t entirely in favor of sportsbooks. While prop bets and same-game parlays provided some upside, the overall hold rate hovered between 0% and 5%—a figure considered below average for the industry. Same-Game…

The Swinomish Indian Tribal Community has teamed up with Rush Street Interactive (RSI) to launch the BetRivers Sportsbook at the Swinomish Casino & Lodge in Anacortes, Washington. The new sportsbook, which opened on Tuesday, will allow customers to place wagers on a wide range of sporting events, both domestic and international. A New Betting Destination in…

Golden Nugget Atlantic City has announced the reopening of its sportsbook on 29 January. With a fresh update, including advanced technology and an expanded selection of betting markets, the casino aims to provide an enhanced wagering experience for its patrons. Enhanced Technology to Elevate the Betting Experience Tom Pohlman, general manager of the casino, expressed enthusiasm…

Las Vegas has a promising future despite facing headwinds like housing affordability, inflation, and rapid population growth, according to Jeremy Aguero, a leading economist. Speaking at Preview Las Vegas 2025, Aguero expressed optimism about Southern Nevada’s resilience and continued prosperity. Betting on the Power of Experience Las Vegas, often synonymous with reinvention, thrives on its ability…

Virginia Governor Glenn Youngkin has made his stance clear: skill games, often found in convenience stores and gas stations, are unlikely to make a comeback in the state under his watch. Despite recent efforts to loosen restrictions, Youngkin signalled his hesitancy to revisit the controversial machines. “I am not interested in progressing any of those kinds…

The president of the Rio de Janeiro State Lottery (Loterj), Hazenclever Lopes Cançado, has raised sharp concerns about the latest restrictions on state lottery operators in Brazil. He argues that the Supreme Federal Court’s (STF) decision to ban nationwide operations for Loterj licensees not only harms legal businesses but also fuels "unfair competition" from offshore…