Stay up to date with the latest sports betting news, market trends, and expert insights. Discover guides, analysis, and key updates from the global sports betting industry, covering platforms, strategies, and major events.
The latest figures reveal a significant rise in New York's mobile sports betting revenue, climbing 21% in the fiscal year ending March 2026. The state reported a gross gaming revenue of $2.6 billion, up from $2.1 billion the previous year. In March alone, the handle reached $2.3 billion, marking a month-on-month increase despite a slight year-over-year dip.
BC.GAME has made significant strides in the African market by securing a sports betting and casino license in Nigeria. This move is part of their strategy to expand into regulated markets, following their recent license in Kenya. The new platform, available at bcbet.ng, aims to provide a user-friendly experience, tapping into Nigeria's vibrant sports culture and growing mobile usage.
LiveScore Group has announced a 15% increase in turnover, reaching £206.3 million for the fiscal year ending March 2025, driven primarily by growth in the UK. However, this success is shadowed by an anticipated tax burden of up to £25 million starting in April due to new regulatory changes. The company is also facing challenges in European markets, particularly after exiting the Netherlands.
Robinhood has limited its prediction market offerings amid rising concerns about insider trading. The platform's president emphasized a commitment to market integrity while navigating regulatory challenges. As the US grapples with these issues, Europe adopts a more restrictive stance, with some countries blocking access to prediction markets. The evolving landscape raises critical questions about compliance and user protection.
Bally's Chicago casino project, initially set for a grand debut in 2026, is now mired in delays and regulatory hurdles. As the deadline approaches, concerns about compliance with its Host Community Agreement and legislative support for extensions grow. The project's future hangs in the balance, with potential economic impacts for the city and stakeholders involved.
Genting Singapore, operator of Resorts World Sentosa, is optimistic about securing a renewed gaming licence by 2027. The company is also monitoring global tourism impacts due to geopolitical tensions. The Singapore Gambling Regulatory Authority has provisionally renewed its licence for two years, prompting the resort to accelerate a significant expansion project. Despite recent financial challenges, Genting remains focused on enhancing its offerings to attract more visitors.
Wisconsin has officially joined the ranks of states regulating online sports betting after Governor Tony Evers signed a new law. This legislation will model its framework after Florida's tribal-focused approach, ensuring that local tribes have a significant role in the process. While the approval marks a significant step forward, the journey towards implementation will require careful negotiation and collaboration among the state's tribes.
Matt Bowyer, former bookie for Shohei Ohtani's ex-interpreter, reflects on his challenging time in prison and his recovery. Now out, he plans to educate others about gambling pitfalls while rebuilding his life and family connections.
