Betting

J.P. Morgan analyst Joseph Greff has painted a mixed picture for the gaming industry as 2025 approaches. While traditional casino operators, particularly in Las Vegas, face headwinds, the online sports betting and iGaming sectors hold promising potential. His analysis highlights challenges for brick-and-mortar operations and excitement for digital platforms reshaping the future of gaming. Las Vegas…

Sports gambling has taken the United States by storm, but cracks are appearing in the foundation. While bettors chase their wins and operators strive to turn profits, the system’s reliance on credit cards has raised red flags. Could banning credit card funding be the most straightforward step toward a healthier gambling ecosystem? The Unchecked Growth of…

Maine’s sports betting industry has exceeded expectations, generating an impressive $6 million in tax revenue in its first full year. In its first full year of operation, Maine’s sports betting market has brought in about $6 million in tax revenue, according to the state’s Gambling Control Unit. With figures for December still coming in, the state…

The sports betting landscape in New York saw a noticeable dip in wagers last week, driven by the absence of college football action. Operators were left feeling the absence of major college football matchups, as NFL Week 15 took centre stage in the state’s sports betting scene. Sportsbooks See Major Decline in Handle for Week Ending…

Connecticut has shattered its sports betting revenue record with a remarkable $30.3 million in gross revenue for November, setting a new high just a month after breaking the wagering record. The state's three online sportsbooks and two retail wagering locations have proven their increasing success, marking a new milestone in the state's expanding sports betting…

Welcome to the Weekend Report, where we bring you key stories you might have missed from Friday through Sunday. This week, a former Premier League footballer faces 20 years in prison for match-fixing, Norway’s Norsk Tipping boosts sports funding, Veikkaus secures a fresh ice hockey deal, and Zeal Network celebrates a quarter-century milestone. Former Premier League…

Cypriot MPs have passed a contentious bill raising the betting levy from 3% to 4.5% of net earnings, aiming to funnel additional funds into football clubs and youth academies. The decision, approved by a narrow margin—27 votes for and 25 against—has ignited both support and sharp criticism across political and public circles. The additional levy revenue…

Matt Zarb-Cousin, the co-founder and director of external affairs at Gamban, has urged that horse racing be exempt from the UK’s newly introduced affordability checks, arguing that the sport is being unfairly grouped with higher-risk betting activities like online casinos and slots. Growing Tension Over Affordability Checks The UK Gambling Commission launched its financial risk checks…

Governor Kemp Celebrates Expansion of PrizePicks, a Company Operating in a State Where Sports Betting is Still Illegal Governor Brian Kemp officially inaugurated PrizePicks' expanded headquarters in Atlanta on Thursday. The event marked a significant milestone for the company, even as Georgia continues to hold firm against legalised sports betting. Despite the legal barriers, PrizePicks has…

Nevada gaming regulators are contemplating a significant shift in their oversight of sports wagering. At the heart of the discussion is whether third-party sports-data providers—entities increasingly vital to the betting ecosystem—should be licensed under state regulations. A recent workshop hosted by the Nevada Gaming Control Board sparked debate on the topic, with potential changes on…