Fresh August data from Pennsylvania, Virginia and Tennessee shows a US gambling market moving in several directions at once, with online casino revenue holding up better than some retail segments while sports betting activity continues to expand. Pennsylvania’s Headline Decline Hides an Online Casino Gain Pennsylvania’s total gaming revenue slipped 2.16% year over year in […]
US Gambling
Texas Takes a Hard Look at Prediction Markets as Sports Contracts Blur the Betting Line
Texas lawmakers are weighing whether prediction-market sports contracts belong under state gambling rules, putting one of the fastest-growing alternatives to sportsbooks under fresh scrutiny. Lawmakers Question the Sports Betting Divide Texas still does not permit regulated online sports betting, yet residents can trade contracts tied to NFL, college football and other sporting outcomes through federally […]
Rhode Island Gambling Wagers Hit $177.5M as iGaming Drives July Growth
Rhode Island bettors wagered $177.5 million across online casino games and sports betting in July, with iGaming once again supplying most of the action. Online Casino Wagers Climb 27% Combined sports betting and iGaming wagers increased 24% year over year in July, according to Rhode Island market figures, with online casino play accounting for $152.6 […]
Bally’s Revenue Jumps 20% to $792M as Online Business Gathers Pace
Bally’s delivered a sharp rise in second-quarter revenue, with its online operations doing much of the heavy lifting while the casino floor produced steadier growth. Online Growth Pushes Revenue Higher Bally’s Corporation generated $792.2 million in revenue during Q2 2026, up 20.5% from $657.5 million a year earlier. The company’s Casinos & Resorts arm remained […]
IG Group Bets $1.3bn on Underdog and the Prediction Market Boom
The proposed takeover would push IG Group deeper into US sports and event contracts while leaving Underdog’s brand and app operating on their own. Cash, Shares and a Very Large Incentive Pot IG Group has agreed to acquire daily fantasy sports and prediction market operator Underdog in a deal worth up to roughly $1.3bn. The […]
Pennsylvania’s Online Casino Boom Is Colliding With a Bonus Reckoning
Pennsylvania‘s iGaming market has never had more money flowing through it — and that’s exactly the problem for players hunting a good deal. After a 2025 that closed out at roughly $3.46 billion in online casino revenue, the state has kept smashing its own records through 2026, with monthly hauls repeatedly topping $300 million and […]
Polymarket Faces CFTC Heat as U.S. Comeback Gets Messy
A reported CFTC investigation has put Polymarket back under the regulatory microscope just as prediction markets are pushing deeper into the U.S. mainstream. A Probe at the Worst Possible Time The U.S. Commodity Futures Trading Commission (CFTC) is reportedly taking a broad look at Polymarket, the prediction market platform where users trade contracts tied to […]
