Super Bowl Odds Week 1: Rams Stay Favorite at +575

Super Bowl Odds Week 1: Rams Stay Favorite at +575

The Rams remain the Super Bowl favorite at +575 despite a 27-7 loss to the 49ers, out from +450. San Francisco’s price fell from +2000 to +1400 after the win, the board’s biggest move of the week. Baltimore and Philadelphia shortened modestly after wins, while six other Sunday winners and losers saw no move at … Read more

Vermont Sportsbook Revenue Falls As Handle Jumps 16%

Vermont Sportsbook Revenue Falls As Handle Jumps 16%

Vermont sportsbooks took in $16.2 million in wagers during July, up 16% from June’s $14 million. Adjusted gross revenue fell to $1.52 million as the hold rate slipped to 9.36% from 11.96%. Out-of-state bettors nearly doubled their wagers to $6 million, or 37% of all handle. The state’s revenue share dropped to $480,141, a second … Read more

New Jersey Files Kalshi Supreme Court Petition

New Jersey Files Kalshi Supreme Court Petition

New Jersey filed its Kalshi Supreme Court petition Sept. 2, one day ahead of a twice-extended deadline. The Supreme Court docketed the case Sept. 8 as No. 26-299, with Kalshi’s response due Oct. 8. New Jersey warns that Kalshi’s legal theory would put state-licensed sportsbooks in violation of federal swaps law too. New Jersey counts … Read more

Underdog Ends Drafts In 7 States To Keep Prediction Markets

Underdog Ends Drafts In 7 States To Keep Prediction Markets

New Drafts entries stop in Massachusetts, Maryland, Michigan, Mississippi, New Jersey, Pennsylvania and Ohio once Wednesday’s NFL opener begins. The seven states told Underdog it could not run prediction markets and hold fantasy licenses at the same time. Drafts already entered in those states will continue and pay out normally, but no new entries will … Read more

New Jersey Online Casinos Close July Gap To $27 Million

New Jersey Online Casinos Close July Gap To $27 Million

New Jersey online casinos won $276.9 million in July, $27.3 million behind the nine Atlantic City casino floors. The same July gap ran $36.8 million a year earlier, when the floors won $284.1 million. Internet gaming win leads casino win $1.87 billion to $1.72 billion through seven months of 2026. Total gaming revenue rose 11.9% … Read more

West Virginia Sports Betting Dips As iGaming Climbs

West Virginia Sports Betting Dips As iGaming Climbs

West Virginia online sports betting revenue fell 15 percent to $2.5 million over the four reporting weeks through Aug. 22. iGaming produced $28.8 million on $706.6 million in wagers during the fiscal year’s opening four weeks through July 25. Each of the four August iGaming weeks topped every full July week, peaking at $9.6 million … Read more

DraftKings Leads Kentucky Sports Betting Handle For June

DraftKings Leads Kentucky Sports Betting Handle For June

DraftKings led Kentucky’s nine online betting apps with $85.1 million of June’s $219.3 million handle, a 38.8 percent share. Every Kentucky betting app operates on a horse track’s license, and eight tracks hosted nine apps in June. Churchill Downs hosted the smallest app, with Prime handling $1.6 million, under 1 percent of online wagers. Online … Read more

Kalshi Supreme Court Fight Hinges On Sept. 3 Deadline

Kalshi Supreme Court Fight Hinges On Sept. 3 Deadline

New Jersey has until Sept. 3 to ask the Supreme Court to review the Third Circuit ruling protecting Kalshi’s sports contracts. Justice Samuel Alito twice extended New Jersey’s time to file, moving the deadline from July 5 to Sept. 3. The Ninth Circuit’s Aug. 28 ruling for Nevada split the appeals courts on whether states … Read more

Nevada Gaming Revenue: Strip Gains Mask Wider Declines

Nevada Gaming Revenue: Strip Gains Mask Wider Declines

Nevada casinos won $1.39 billion in July, up 2.07% from a year earlier, the state gaming board reported. The Las Vegas Strip’s win rose 3.64% to $776.3 million while Downtown Las Vegas fell 8.64% and the Boulder Strip dropped 2.48%. Clark County’s overall win rose just 1.51% because the county’s combined win outside the Strip … Read more