Vertical: Sports Betting
Fitch: Tax hikes could stunt sports betting’s growth
16 June 2025 at 4:41pm UTC-4
“Recent and proposed state sports betting tax hikes could dampen the online gaming sector’s positive growth momentum,” Fitch Ratings Associate Director David Lowenstein ...
BetMGM upgrades financial outlook for 2025
16 June 2025 at 9:00am UTC-4
MGM Resorts International and Entain co-owned BetMGM has upgraded its financial outlook for 2025, citing a sustained positive momentum from the first to the second quarter.
The ...
Wyoming draft bill to double online gambling tax
16 June 2025 at 8:55am UTC-4
Wyoming lawmakers have drafted a bill that, if passed, will increase the state tax on online sports wagering from 10% to 20%.
During a meeting of the legislature’s select ...
Games Global Chief Financial Officer Tim Mickley resigns
16 June 2025 at 8:41am UTC-4
Games Global Chief Financial Officer Tim Mickley has resigned after more than four years in the role.
Mickley joined Games Global’s executive leadership team in January 2021 ...
West Virginia launches gambling addiction app
16 June 2025 at 7:54am UTC-4
The Problem Gambling Help Network of West Virginia has launched a new app that will support people dealing with gambling addiction.
The app, developed in conjunction with ...
DraftKings imposes Illinois levy
13 June 2025 at 1:30pm UTC-4
Following the example of FanDuel this week, DraftKings says it will levy a US$0.50 surcharge on bets placed in the Illinois. In-person wagers will be exempt from the fee, which ...
US lawmaker proposes gambling taxes pay for ICE funding reserve
13 June 2025 at 7:24am UTC-4
US Representative Michael Rulli is introducing legislation to create a reserve of money for Immigration and Customs Enforcement from gambling taxes.
The GAMBLER Act will create ...
Sportradar signs FIFA Club World Cup rights deal with DAZN
13 June 2025 at 7:13am UTC-4
Sports data and integrity technology provider Sportradar will supply ultra-low latency betting data and non-exclusive media content from the FIFA Club World Cup 2025 to 800 ...
Australian government gives green light for PointsBet takeover
13 June 2025 at 6:51am UTC-4
The Australian government has given the go-ahead for the takeover of Australian sportsbook operator PointsBet by the Japanese entertainment group Mixi.
According to a holding ...
Kalshi director and CFTC nominee advocates for prediction markets
12 June 2025 at 8:19am UTC-4
President Donald Trump’s nominee to lead the Commodity Futures Trading Commission, Brian Quintenz, was questioned about his links to trading platform Kalshi in front of a Senate ...
Scottie Scheffler closes Venmo account following harassment by sports bettors
12 June 2025 at 8:07am UTC-4
The world’s top golfer, Scottie Scheffler, recently closed his Venmo account after being constantly bothered by bettors.
In a pre-2025 US Open interview with The Athletic ...
Bet365 joins Sports Betting Alliance to combat unregulated gaming
12 June 2025 at 7:26am UTC-4
Bet365 has joined the Sports Betting Alliance to support its fight against unregulated online betting.
The Sports Betting Alliance advocates for legal and competitive sports ...
Survey bodes well for sports betting, Jefferies analyst says
11 June 2025 at 4:21pm UTC-4
Proposition bets are on the rise. That is one of the findings of a Jefferies Equity Research survey of sports bettors, released 11 June.
Writing for Jefferies, analyst David ...
NFL, Genius renew association through 2030
11 June 2025 at 4:15pm UTC-4
The National Football League has renewed its association with Genius Sports through the end of the decade. The British-based company will disseminate NFL data to sports betting ...
March Madness sports betting abuse down 23%, according to NCAA
11 June 2025 at 7:40am UTC-4
The NCAA has released data from this year's March Madness that shows a significant decrease in social media abuse directed at athletes regarding sports betting, with abuse down 23 ...







