Our Writers:
Michael Savio

The Indiana Gaming Commission has reported a sports betting handle of over $350 million for June, which is a decrease of 19% compared to the month before. The number was still up year-over-year, thanks largely to the Pacers' run to the NBA Finals.

The North Carolina Lottery Commission has reported that the state saw over $6.4 billion in sports betting wagers in its first fiscal year. When the state legalized the industry in 2023, it was projected to take three years to surpass $6 billion.

FanDuel Sportsbook has applied for one of Missouri’s two direct mobile licenses, which allows it access to the new market without an in-state partnership. They join DraftKings, bet365, Underdog, and BetMGM in pursuing operating licenses ahead of the December 1 launch.

New Jersey Governor Phil Murphy has signed bill A4113 into law, which will ban 30 in-state colleges from partnering with sports betting operators. The ban comes as lawmakers also consider a bill to eliminate college player prop betting.

DraftKings has agreed to refund over $3 million to online casino users in Connecticut as part of a settlement for violating the state’s advertising laws. The deal doesn’t require the operator to admit guilt, as they are fighting similar allegations in other markets.

Bet365 Sportsbook has announced a new partnership with the WNBA’s Indiana Fever, just one month after reaching a similar deal with rival Chicago Sky. The deal will allow the sportsbook to advertise with the team and offer exclusive in-app content.

The sports betting industry is on edge after DC lawmakers approved a tax change and seem likely to protect controversial sports prediction markets. Industry proponents believe this will lead to irreversible damage to the industry, resulting in less tax revenue for states.

The MLB has suspended Cleveland Guardians pitcher Luis Ortiz amid an investigation into unusual betting patterns around two of his pitches this season. The investigation focuses on micro-betting, which allows bettors to wager on specific moments in a game or event.

The California Attorney General released his opinion on the DFS industry and found that all forms of these competitions violate the state's gambling laws. The opinion suggests that DFS operators will likely be excluded from the country’s largest market.

Underdog has filed a lawsuit to stop California Attorney General Rob Bonta from releasing an opinion on the legality of the daily fantasy sports industry. The operator claims they were not given enough time to prepare for the damaging fallout expected to follow.