The North Carolina State Lottery Commission reported $42.2 million in gross sports betting revenue for July on Monday, as Tar Heel State sportsbooks combined for a double-digit hold for the fifth time in as many months. Since launching in March, the state’s eight sports betting apps have generated more than $2.5 billion in handle after accepting…

Less than two weeks after DraftKings announced it planned to impose a surcharge on winning bets for wagers placed in New York, Illinois, Pennsylvania, and Vermont starting in January, the mobile sports betting titan announced Tuesday it is standing down. The surcharge, announced by CEO Jason Robins on Aug. 1 as part of a letter to shareholders discussing quarterly performance, was…

DraftKings sent an email Tuesday night that caused some sports bettors to worry their accounts were hacked. The email, which explained why a dead-heat reduction was applied to golf bets from the past weekend, suggested every user receiving the email had recently placed a golf bet. Many had not, which sparked…

The Massachusetts Gaming Commission reported Bay State sportsbooks combined for a 10.3% hold in July on Thursday as handle soared nearly 40% to $411.8 million. The three retail and seven mobile operators collectively claimed $42.2 million in gross sports betting revenue, which was up just over 40% compared to July 2023. The win rate was nearly two…

If gambling operators could have set a line on the first question asked at Tuesday’s Flutter quarterly earnings call, one choice likely would have been the heavy favorite. As expected, an analyst opened the question-and-answer section by pressing Flutter CEO Peter Jackson on whether FanDuel planned to follow DraftKings‘ lead and institute a proposed…

On Thursday, Sports Illustrated reported that Notre Dame would be shutting down its men’s swimming program for at least the entire 2024-2025 season after an internal investigation found that the swimmers created their “own sportsbook” to bet the over/under on teammates’ times. This internal sportsbook would have been in the extreme minority of…

The Nevada Gaming Control Board filed a 12-count complaint Thursday against the operators and owners of Resorts World Las Vegas. The complaint stems from its purported anti-money laundering failures related to the gambling activities of Mathew R. Bowyer and several other illegal bookmakers. Bowyer, 49, pleaded guilty Aug. 9 to…

The Louisiana Gaming Control Board reported a statewide hold of 13.6% on gross sports betting revenue for July on Thursday as Pelican State sportsbooks continued to run roughshod on the betting public. It was the eighth consecutive month the statewide win rate reached double figures, and the fourth straight month it was 12.8% or…

Swift on the heels of Betfred’s decision to cease accepting mobile sports bets in Maryland, Ohio, and Colorado, the company’s U.S. CEO told EGR that “further downsizing” can be expected in the States. Once Betfred stops accepting wagers in Colorado on Aug. 31, its betting app will remain available for mobile wagering in four states: Arizona, Iowa, Pennsylvania, and Virginia. (Additionally, Betfred operates brick-and-mortar…

The rout is unofficially on. The New Jersey Division of Gaming Enforcement reported $80 million in sports betting revenue for July on Friday as operators posted their fourth-highest collective hold in state history at 12.3%. All 17 states, plus Washington D.C., that have published full commercial sports wagering reports have posted double-digit holds in July. The…