Sports Betting Industry News & Market Updates

North Carolina’s sports betting market saw a drop in tax revenue in June, one month before the state’s recently approved tax hike goes into effect. The drop was attributed to high bettor win rates during the World Cup and NHL Playoffs.

The Delaware Lottery has launched 89 new self-service sports betting kiosks at official retailers across the state. They will offer more wagering options, giving many residents far easier access to sports betting, despite concerns about problem gambling.

Illinois per-wager tax just celebrated its first anniversary since launching last summer. While fewer bets are being placed, the revenue for sportsbooks and the state continues to rise. Will that success lead more states to follow Illinois’ lead?

Missouri’s sports betting market delivered strong numbers in June, setting a record handle. The success comes after months of disappointing revenue for the state, prompting calls to raise taxes on sportsbooks. Will May’s numbers be enough to end that effort?

The Colorado Division of Gambling’s May revenue report shows that table tennis saw more wagers than soccer and hockey. We dug into the numbers to find out why the niche sport is so popular among bettors in the Centennial State.

Tax Relief Nebraska has submitted signatures to put online sports betting on the ballot this November. The effort comes after years of legislative deadlock over the issue, and amid growing concerns over the impact of sports prediction markets.

Sportsbet has successfully completed a major anti-money laundering remediation programme, marking an important milestone for Australia's largest online bookmaker. The development highlights the growing focus regulators are placing on compliance and financial crime prevention across the gambling sector.

The CFTC has opened an investigation over social media ad campaign from Polymarket. The move comes after the Wall Street Journal released a report showing the operator was asking social media influencers to promote fake wins on its sports markets.

Australia's proposed gambling advertising reforms could dramatically change the relationship between sports betting companies and professional rugby league clubs. Several NRL teams may be forced to remove betting sponsors from jerseys and other club assets as the government moves to tighten gambling advertising rules.

New Mexico Rep. John Block has asked the tribes to open talks over legalizing mobile sports betting. He cited the growth of federally regulated sports prediction markets, which offer residents a legal way to wager on sports.