Kalshi's valuation surpasses $2 billion, igniting a new trend in the "prediction market" with its fundraising.

The American prediction market platform Kalshi recently completed a new Series C funding round, raising a substantial $185 million, which boosted its valuation to $2 billion, making it one of the most notable "unicorns" in the field. This funding round was led by Paradigm, a venture capital firm foc

Octoplay partners with BetMGM to launch in New Jersey, USA, taking a crucial step in North American expansion.

Game content provider Octoplay has announced a partnership with BetMGM, officially introducing its gaming products to the New Jersey market in the United States. This marks Octoplay's first content launch in the US, signifying a key breakthrough in its North American expansion strategy.This collabor

The physical industry continues to decline! Las Vegas is hit by the reduction of international tourists!

Massachusetts sports betting revenue reached $80.7 million in May, marking the second highest level of the year.

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

Delta Airlines explores in-flight sports betting options, leveraging DraftKings to test passenger interest.

Delta Airlines recently conducted an in-flight entertainment survey to assess passengers' interest in a potential future sports betting service. This is the latest development following the company's partnership with renowned operator DraftKings earlier this year.The survey covered a variety of ente

DraftKings and Underdog take the lead in applying for Missouri sports betting licenses, showing early signs of market competition.

The legalization of sports betting in Missouri is just getting started, with two well-known operators taking the lead. In June, the Missouri Gaming Commission (MGC) confirmed that DraftKings and Underdog Fantasy were among the first to submit operational applications, marking the official opening of

2025 Overview and Potential of Legalized Online Casinos in the United States by State

As of 2025, the legalization process of online casinos in the United States remains slow, although 40 states have opened up sports betting, only seven states have truly legalized real money online casinos. Leading global gambling operators such as FanDuel, DraftKings, and BetMGM have established spo

Michigan Gaming Control Board issues a ban to severely crack down on unlicensed online casinos!

Greentube partners with Caesars Entertainment to enter the Pennsylvania online gambling market.

Greentube has officially announced a partnership with Caesars Entertainment to launch a selection of its premium online casino games in Pennsylvania, further expanding its market footprint in North America.This partnership marks Greentube's first entry into the regulated iGaming market of Pennsylvan

Michigan Gaming Control Board issues a ban to severely crack down on unlicensed online casinos!

Michigan's online gambling revenue surpassed $300 million in May, setting a new historical record.

Michigan's online gambling revenue hit a record in May, totaling $301.4 million, breaking the state's previous monthly revenue record, mainly due to the continued growth of internet slots and table games as well as the impressive performance of the mobile sports betting market.This new peak is 15.8%

VGW and lottery platforms are hit hard by multiple US states, a regulatory storm is sweeping the online gambling market.

For VGW and other lottery activity operators, it's a time of both challenges and changes. Regulatory bodies in Louisiana and Mississippi, two major gambling hubs, have issued cease and desist orders to several online gambling and lottery websites suspected of illegal operations, totaling over 50 ord

New York State sets licensing fees and capital requirements for southern casinos, with bidding thresholds reaching up to $1 billion.

The New York State Legislature recently finalized the key financial terms for three casino licenses in the southern part of the state, marking the beginning of a new round of casino bidding.According to a meeting on Monday that lasted about 10 minutes, the New York State Gaming Commission's Gaming F

New Jersey's gambling revenue reached a historic high of $615 million in May, with iGaming and sports betting leading the surge.

In May 2025, the gambling industry in New Jersey experienced robust growth, with total monthly revenue reaching $614.7 million, a year-over-year increase of 20.5%, setting a new historical high. This growth was driven by strong performances across iGaming, sports betting, and physical casino operati

EveryMatrix Enters West Virginia, Launches SlotMatrix Aggregator Platform in Collaboration with Betly

EveryMatrix has officially launched its aggregation platform SlotMatrix into the West Virginia market in the United States, partnering with the local licensed operator Delaware North's Betly iGaming brand.This marks EveryMatrix's second content aggregation deployment in the U.S., following a previou

Pennsylvania's gaming revenue surpassed the $600 million mark in May, with strong growth in iGaming and sports betting.

Pennsylvania set a new monthly gambling revenue record in May 2025, totaling $601.8 million, a 4.8% increase from the previous record of $574.5 million set in March. This also represents a 15.5% increase from May 2024 and a 7.7% increase from April of this year, mainly due to the continued expansion