US Sports Betting Hits Record Revenue as Market Expansion Stalls

US sports betting reached unprecedented financial heights in 2025, with Americans legally wagering $166.94 billion on sports. The figure represents an 11.0% increase from the previous year, marking a new all-time high for the sector, according to data from the American Gaming Association. However, the numbers reveal a striking shift in market dynamics. More...

by Staff | Published 3 weeks ago
By Staff On Wednesday, June 24th, 2026
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DraftKings Captures Nearly Half of Massachusetts Market Share in May 2026

DraftKings Massachusetts market share May 2026 reached a commanding 49% as the operator settled $306.5 million in online wagers, nearly half the entire state’s handle. The performance solidified the operator’s More...

By Staff On Monday, June 22nd, 2026
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Maryland Sports Betting Hits Record $535.4M Handle in May

Maryland sports betting reached a record $535.4 million in wagers during May, marking a 6.14% increase from the previous year. The milestone represents continued growth for the state’s sports wagering market, More...

By Staff On Monday, June 22nd, 2026
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Pennsylvania Sports Betting Handle Drops for Second Consecutive Month

Pennsylvania Pennsylvania sports betting faced headwinds in May as the state’s handle declined for the second consecutive month. The downturn marks a concerning trend for one of the nation’s largest More...

By Debbie On Tuesday, June 16th, 2026
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Nevada Sports Betting Regulators Seek Contempt Ruling Against Kalshi

Nevada sports betting regulators have escalated their dispute with prediction market platform Kalshi by seeking a contempt of court ruling. The Nevada Gaming Control Board (NGCB) has filed a request with the First More...

By Staff On Monday, June 15th, 2026
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Arizona Sports Betting Revenue Surges 38% to $59.8M in April

Arizona sports betting revenue surged nearly 38% year-over-year in April 2026, reaching $59,766,869 despite a marginal decline in total wagers. The state’s impressive performance stemmed from a significant More...

By Staff On Monday, June 15th, 2026
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CFTC Sues New Mexico Over Prediction Market Regulations

The Commodity Futures Trading Commission is suing New Mexico over who regulates prediction markets in the state. The federal agency argues that federally regulated prediction markets fall under its exclusive authority More...

By Claire On Wednesday, June 10th, 2026
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Iowa Sports Betting May Revenue Climbs to $20.8 Million

Iowa sports betting May 2026 results revealed an unusual market dynamic, with revenue climbing despite a decline in wagering volume. Gross gaming revenue reached $20,785,835, up 3.62% year over year, even as operators More...

By Claire On Wednesday, June 10th, 2026
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2026 World Cup Betting Market to Hit $60 Billion, H2 Forecasts

H2 Gambling Capital projects that 2026 World Cup betting will generate a $60 billion handle globally through legal sports betting channels. This forecast represents a 71% increase from the 2022 Qatar tournament More...

By Staff On Tuesday, June 9th, 2026
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Betting Giants Reveal Shocking England World Cup Odds as Fan Confidence Drops

England World Cup betting data has revealed a surprising lack of confidence among domestic fans, with major betting operators reporting unexpectedly low support levels. Leading betting giants have disclosed that More...