Michigan Sportsbooks Post 5.63% Hold Rate in June 2026
Michigan sportsbooks took $372,480,495 in wagers in June 2026 while recording a 5.63% hold rate, a modest improvement from May’s 5.17% hold. The June handle represented a decline of $92.3 million, or 19.9%, from the previous month. In spite of the monthly drop, the market demonstrated year-over-year growth of 20.2% against a soft 2025 base. More...
Independent Watchdog Identifies 7 FIFA World Cup Betting Issues FIFA Overlooked
FIFA World Cup betting oversight faced unexpected challenges when an independent watchdog identified seven potential irregularities during the 2026 tournament, directly contradicting FIFA’s claim of zero suspicious More...
Lawmakers Push Facial Recognition Age Checks for Sports Betting & Prediction Markets
Americans wagered approximately $160 billion on sports betting last year, generating roughly $16 billion in industry revenue. For this reason, lawmakers have introduced bipartisan legislation requiring facial recognition More...
Arizona Announces Limited Sports Betting Licenses, Only 10 Available
Arizona sports betting is expanding with a new licensing opportunity as the Arizona Department of Gaming opens applications for 10 limited event wagering operator licenses. The application window begins on August More...
World Cup Drives $100 Million Surge in Tennessee Sports Betting
Tennessee sports betting defied conventional market patterns by posting record-breaking numbers during June 2026, traditionally the slowest betting month of the year. Bettors wagered more than $460 million on sports More...
Illinois Sports Betting Handle Drops 10% in May
Illinois sports betting handle dropped 10% in May, the decline represents part of an ongoing trend affecting the state’s sports betting landscape. The May figures raised questions about market sustainability More...
Rio Sports Betting Ban Blocks Ads in Public Spaces
The Rio sports betting ban marks a significant regulatory shift as the city becomes the first Brazilian state capital to prohibit gambling advertisements in public spaces, from Monday 13th July. The decree specifically More...
Iowa Sports Betting Hits $185.4 Million as Retail Doubles During World Cup
Iowa sports betting retail operations more than doubled during June 2026, posting a 154% increase that defied the channel’s nationwide decline. The state recorded $185,417,064 in total wagers during the month, More...
Alberta Online Sports Betting, Casino Gambling Market Opens
Alberta Alberta online sports betting operators began accepting wagers after midnight Monday as the province launched its competitive iGaming market, marking the culmination of years of regulatory preparation. The More...
North Carolina Governor Signs New Sports Betting, Prediction Market Taxes Into Law
North Carolina sports betting operators will face higher tax obligations after Governor Josh Stein signed the state’s $34 billion budget into law. The legislation increases the sports betting tax rate from More...
