New York State Gaming Commission's latest data shows that in July 2025, the state's total sports betting revenue reached $155.9 million, a year-on-year increase of 10.7%. The total betting amount was $1.41 billion, an increase of 11.1% from the previous month, with an average hold rate of 11.08%. Th
In May, sports betting revenue in Massachusetts reached $80.7 million, a 41.6% increase year-over-year, marking the second highest monthly record since 2025, only behind January's $94.4 million. This performance also represents a 22.5% increase from April, highlighting the stable expansion of the st
Recently, Flutter and its FanDuel platform, followed by DraftKings, have caused a stir in Illinois by announcing plans to charge a "transaction fee" of $0.50 on every bet placed on their platforms. This decision has not only shaken the entire industry but also sparked intense discussions about the d
The American gambling operator Fanatics Betting & Gaming has recently officially entered the Philippine market, partnering with Claymore Solutions, marking a key step for the Philippines in promoting legal and regulated gambling support services. This partnership not only injects vitality into the P
Sports merchandise giant Fanatics is accelerating its expansion into the gambling landscape, launching standalone online casino apps in four US states, officially entering the realm of traditional casino games such as slots and blackjack. This move marks a critical step for the company from sports b
During the NCAA "March Madness" basketball tournament, sports betting companies face unprecedented challenges. The fast pace and rapidly changing situations of the games make platform stability and risk control capabilities key competitive factors.According to the latest report from data analysis ag
Greentube has solidified its position in North America through a partnership with Fanatics Sportsbook and Casino, expanding its gaming portfolio in New Jersey and Michigan.As part of this collaboration, select games from Greentube such as "A Fistful of Wilds," "Apollo God of Sun," and "Dynamite Fort
Hold percentages returned to 10 percent for New York state’s online sports betting providers last month. This brought about a 27 percent rebound in revenue, according to numbers released by the New York Gaming Commission.Sportsbooks realized $247 million of revenue on almost $2.5 billion in money wa
DraftKings has reached a settlement with a former executive that the sports betting company had accused of stealing trade secrets before he quit his job to help build out rival Fanatics’ nascent team catering to “VIP” clients.Lawyers for DraftKings, Michael Hermalyn and Fanatics said in a court fili
DraftKings and Fanatics Sportsbook have settled their high-profile legal battle over former DraftKings executive Michael Hermalyn’s move to the rival sportsbook. The confidential settlement, as reported by Reuters, finalized on December 22, brings an end to the litigation. The U.S. District Court fo
According to the latest data from the Wyoming Gaming Commission (WGC), online sports betting in Wyoming exceeded $22.8 million in November.However, November was not all bad news for sports betting operators in the state, as revenue grew by approximately 78% month-over-month. This figure rose from $1
Online sportsbooks in Wyoming brought in a sports betting handle of $22.8 million in November, generating revenues of $3.4 million, according to a report from the Wyoming Gaming Commission. While the sports betting handle fell by almost 6.7 percent from October, revenues increased by nearly 77.6 per
Challengers in sports bettingOn November 22, analyst Barry Jonas of Truist Securities, with the help of HoldCrunch, a specialist analytics company founded by ex-FanDuel VP Tom Johnson, looked at the challengers to DraftKings and FanDuel in the online sports betting realm.“BetMGM was on the outer edg
Wyoming’s online sportsbooks collected $1.9 million in revenue in October, the Wyoming Gaming Commission has reported, marking a 15.2 percent decline from $2.3 million last October.This comes despite the addition of Fanatics, which contributed $78,613 to October’s revenue total after launching in Ma
The long-running legal battle between DraftKings and a former executive could be nearing an armistice.Attorneys for Michael Hermalyn and DraftKings noted in a Tuesday court filing that the two sides “are negotiating a potential resolution” of a federal lawsuit that began days after Hermalyn left for
In May 2024, Flutter reported that its sports betting business FanDuel has become the largest iGaming operator in the United States, further consolidating its leading position in the sports betting sector.At the 2024 G2E exhibition, Flutter CEO Peter Jackson reflected on this and discussed with Gamb
