According to the latest market analysis report, the Mexican gambling industry is experiencing an unprecedented transformation period.By 2024, the market size has reached 11.37 billion USD, and it is expected to soar to 40.64 billion USD by 2033, with a compound annual growth rate of 15.71%.This grow
Bettors will no longer be able to place bets in person on various sporting events as Churchill Downs racetrack closes its sportsbook.“With 98% of sports betting made on mobile platforms such as FanDuel, there simply isn’t a profitable path forward for us to sustain profitability as a retail operator
Kansas, US, set a new record for sports betting handle in January. The Kansas Lottery, the state’s gambling regulator, reported the latest total at US$301.8m, the first time the figure has breached the $300m mark in a single month. Year-on-year, the figure was up 26 per cent from January 2024’s $
The Churchill Downs Racecourse in Louisville, Kentucky, United States, has shut down its on-site sports betting operations.Kentucky legalized sports betting in March 2023, with live and only betting following in June. This means that the Churchill Downs Racecourse could partner with online betting o
The UK Government’s Secretary of State has appointed Charles Counsell as interim Chair of the UK Gambling Commission (UKGC).Serving a nine-month term as interim Chair from 1 February 2025, Counsell will be replacing Marcus Boyle, who will be stepping down as Chair at the end of January next year.Cou
The New York State Gaming Commission has released the financial data for sports betting and commercial casino gambling for November in the state.Mobile Sports BettingDuring November (which includes Thanksgiving), the NFL games on that day had high viewership, and the total gaming revenue (GGR) for
Data shows that sports betting in Arkansas reached a new historical high in October.According to data from the Department of Finance and Administration, in October, the sports betting amount at the state's three casinos was about $60 million. This made October the month with the highest betting amou
It’s been a year since the Seminole Tribe slowly started to roll out mobile sports betting in the state, making the practice of placing wagers on teams more accessible via a smartphone app starting November 2023.The rollout wasn’t without challenges, as lawsuits over the Tribe’s agreement with the s
The US state of new York set a new monthly record for mobile sports betting handle in October of US$2.3bn. The figure rose 12 per cent month-on-month from September’s $2.07bn. Year-on-year, sports betting handle was up 15.7 per cent from October 2023’s $2bn. As for the Empire State’s latest reven
Philadelphia-based sports betting operator Sporttrade has launched this iOS app in its fifth state, Virginia. Players can place their bets immediately through iOS, and there are plans to launch it on Android later this year. "We are incredibly proud to keep the Fall 2024 momentum going with our l
The first anniversary of legal, regulated sports betting in Kentucky was recently celebrated in the state, and numbers recently released by the Kentucky Horse Racing Commission, which oversees sports wagering in the Commonwealth, suggests sports betting has been a success.Over the last year mobile s
The Arizona Department of Gaming has reported that bettors wagered $410.1 million in July, a 26.9 percent year-over-year growth but a drop of 9.7 percent compared to the $454.1 million reported in June .Revenue before deductions was $41.5 million, up 20.1 percent from the $34.6 million generated in
Sports betting revenue in North Carolina, US, climbed by over 100 per cent from August to September. The North Carolina State Lottery Commission reports that mobile betting revenue hit US$70.1m in September, up 107.6 per cent from August’s $33.8m. Sports betting handle, excluding promotions and bo
ESPN BET made a strong entrance into New York’s burgeoning sports betting market, generating $3 million in wagers during its first three days of mobile operations, according to data released by the New York State Gaming Commission on Friday. The platform amassed $165,673 in revenue with a 5.4% hold
ESPN Bet generated a $3 million handle in its first three days of accepting mobile wagers in New York, part of a Top 10 overall week of action ending [September 29] according to figures released by the state’s Gaming Commission on Friday.ESPN Bet’s much-anticipated entrance had been expected since l
Mobile sports betting revenue fell 21.6 per cent month-on-month in Kentucky, US, in August, despite a rise in the online handle. Revenue in the Bluegrass State in the latest reporting period hit US$11.5m, down from $14.7m in July. That was despite a rise in handle of 17.3 per cent, from $125.4m in