Toronto-based operator generates net revenue of C$1.3m while betting handle also takes a 39% hit, but CEO insists that new approach will pay dividends in the future The post Rivalry reports 71% revenue slump for Q1 first appeared on EGR North America.
Operator to roll out closer integration between ESPN Bet and ESPN following initial efforts in November, as new feature offers customers “a more personalized betting experience” The post PENN Entertainment expands ESPN Bet account-linking with Mint Club debut first appeared on EGR North America.
Proposal to hike rate from 18% to 36% has breezed through Senate committees, which would put the state among the heaviest taxed jurisdictions in the US The post North Carolina budget includes plan to double online sports betting tax rate first appeared on EGR North America.
Sports Wagering Council asks Commodity Futures Trading Commission to respect state law and prevent the proliferation of sports event contracts across the US The post Tennessee joins growing list of states to hit out at prediction markets first appeared on EGR North America.
Eliot Bostar’s proposed legislation passes with a 27-16 vote, with two further hurdles left to clear before state residents are given the chance to vote for legalization The post Nebraska online sports betting bill passes first approval stage following Senate vote first appeared on EGR North America.
Australia-based firm disagrees with accusations made by the state’s Division of Gaming Enforcement, claiming the regulator previously acknowledged the sweepstakes operator’s activities “had caused no harm to Delaware residents” The post VGW left “deeply disappointed” following Delaware cease-and-desist order first appeared on EGR North America.
Monthly wagering volume in range of January’s record $2.5bn, but revenue down due to below-average hold in the Empire State The post March Madness spurs New York sportsbooks to $2.4bn in monthly handle first appeared on EGR North America.
State lawmakers approve a budget provision that prevents sports betting operators from negotiating or extending their current licenses in 2025 or 2026 The post Kansas sports betting market in jeopardy following budget vote first appeared on EGR North America.
State gaming authority describes the product as “unlicensed sports betting” and outlines its concerns over lost tax revenue and lack of consumer protections The post Michigan regulator: Sports event contracts “undercut the integrity” of legal market first appeared on EGR North America.
DraftKings, Flutter, and fellow public businesses experience whipsaw price movements during the week, with the worst of the sell-offs now seemingly in the rear-view mirror The post Rollercoaster week for US-listed firms following Trump’s tariff plans first appeared on EGR North America.