Sports Betting Industry News & Market Updates

A conservative Wisconsin group has filed a lawsuit challenging Wisconsin’s proposed online sports betting market. It alleges that the state violated several laws by expanding gambling without a public vote and handing sole licensing rights over to the tribes.

Delta and DraftKings have launched a new SkyPicks game where players can make predictions on games by answering a series of “yes/no” questions for a chance to win Delta gift cards. However, critics fear it could fuel problem gambling.

A North Carolina poll conducted by Meredith College found that residents were happy with regulated sports betting, but support a ban on prediction markets. It also showed growing concern over how sports betting is impacting underage bettors and college athletes.

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.