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

Ninth Circuit Kalshi Ruling Backs Nevada Sports Ban

Ninth Circuit Kalshi Ruling Backs Nevada Sports Ban

A Ninth Circuit panel ruled 3-0 that Nevada can enforce its gambling laws against Kalshi’s sports event contracts. Sports contracts made up more than 90% of Kalshi’s trades and 95% of its revenue in 2025, the court noted. The ruling conflicts with a Third Circuit decision favoring Kalshi, splitting the federal appeals courts on the … Read more

Connecticut Sues Kalshi Over Illegal Sports Bets

Connecticut Sues Kalshi Over Illegal Sports Bets

Connecticut’s complaint accuses Kalshi of letting minors open accounts and paying underage promoters on TikTok and X. The suit cites Kalshi’s own federal court filing that put sports contracts at 80% to 90% of its offerings in February. A Connecticut federal judge rejected Kalshi’s derivatives defense on Aug. 7, a ruling the new state complaint … Read more

Kalshi MLB Partnerships Span Five Teams Amid Legal Fights

Kalshi MLB Partnerships Span Five Teams Amid Legal Fights

Kalshi announced multiyear partnerships Tuesday with the Red Sox, Braves, Dodgers, Padres and Giants. Four of the five teams play in California or Georgia, where no state-licensed sportsbook can legally operate. Massachusetts won a January injunction against Kalshi’s sports contracts, now on hold while the state’s highest court hears the appeal. Kalshi said baseball trading … Read more

Honda Manufacturer Odds -240 For DC Grand Prix

Honda Manufacturer Odds -240 For DC Grand Prix

Bovada has Honda manufacturer odds at -240 and Chevrolet at +180 for Sunday’s Freedom 250 Grand Prix in Washington. Honda engines won all five 2026 street races and took every podium spot at Arlington, Long Beach, Detroit and Markham. Chevrolet’s best street result this year is Scott McLaughlin’s second place at St. Petersburg in March. … Read more

Proposed CFTC Gaming Rule Sets State Bans Aside For Sports

Proposed CFTC Gaming Rule Sets State Bans Aside For Sports

The proposed rule defines gaming to capture professional sports, keeping sports contracts inside the term rather than outside it. A state gambling ban would not count as unlawful activity, because the contract settles on the game itself. Final scores, point differentials, win-loss results and season-long statistics weigh against a public interest ban on sports contracts. … Read more

Mississippi Casino Revenue Falls 0.9% To $208.7 Million

Mississippi Casino Revenue Falls 0.9% To $208.7 Million

Mississippi casinos won $208,698,868 in July, down 0.9% from $210,673,266 a year earlier. Slot win rose 0.4% to $177.3 million while table hold fell 7% to $26.3 million. Northern region revenue has fallen 7.8% through July while the Coastal region has gained 1.8%. Retail sportsbooks kept $1,625,020 of $12,998,850 wagered, down from $2,625,779 a year … Read more

Florida Sues Sweepstakes Casinos And Five Payment Firms

Florida Sues Sweepstakes Casinos And Five Payment Firms

Attorney General James Uthmeier filed two complaints Aug. 19 in Hillsborough County Circuit Court over unlicensed online casinos. Worldpay, Trustly, Yodlee, Praxis Tech and Breeze Labs face the money-forfeiture count but not the deceptive-practices count. The VGW complaint puts the company’s 2025 revenue above $5 billion, with $3.7 billion attributed to Chumba Casino. Both suits … Read more