Maryland Sports Betting Tax Drove 90% Of Gaming Gain

Maryland Sports Betting Tax Drove 90% Of Gaming Gain

Maryland’s Lottery, casinos and sportsbooks sent $1.637 billion to the state in fiscal 2026, up $48 million. Sports wagering supplied $43.4 million of the year’s $48 million gain, leaving about $4.6 million from everything else. Handle rose 11.1% to $6.91 billion while the state’s take rose 48.8% after the mobile tax went from 15% to … Read more

FanDuel Predicts Moves Sports Contracts Off CME Group

FanDuel Predicts Moves Sports Contracts Off CME Group

All FanDuel Predicts sports and novelties contracts move to Crypto.com’s exchange, Flutter said Wednesday. CME Group keeps its 51% stake in the venture but will clear only financial contracts. FanDuel Predicts trades under federal commodities rules rather than state gaming licenses and now runs nationwide. Flutter posted a $296 million net loss as group revenue … Read more

Powerball Jackpot Rolls To $856 Million, Eighth Largest

Powerball Jackpot Rolls To $856 Million, Eighth Largest

Saturday’s drawing is the 42nd of a run that began after the jackpot was last won May 2. The advertised $856 million is an annuity estimate; the cash option is $372.0 million. At true odds, a $2 ticket on a 1-in-292.2-million outcome would return about $584 million. The run has produced 36 Match 5 winners, … Read more

Colorado Casino Tax Hits Record $185M As Slot Play Falls

Colorado Casino Tax Hits Record $185M As Slot Play Falls

Colorado casinos generated a record $185,178,613 in gaming taxes in fiscal 2026, up 4.27% from fiscal 2025. June slot coin-in fell 5.24% year over year to $994.25 million while slot hold rose to 8.22%. Taxes grew faster than adjusted gross proceeds, lifting the state’s effective take to 16.07% from 15.95%. Colorado limited gaming paid nearly … Read more

Lucas Jumalon, 22, Wins WSOP Main Event, $10 Million

Lucas Jumalon, 22, Wins WSOP Main Event $10 Million

Lucas Jumalon, 22, of Spokane, Wash., won $10 million and became the second-youngest World Series of Poker champion. The 9,208 entries put up $92.08 million, and $85,634,400 of that went back to the field as prize money. Cashing paid at least $15,000, one and a half times the buy-in, and everyone out earlier lost the … Read more

Wisconsin Mobile Sports Betting Hits a Legal Wall | Act 247

Suit Seeks To Void Act 247, Halt Wisconsin Compact Talks

Act 247 adds one paragraph to state law, exempting mobile sports wagers from Wisconsin’s criminal definition of a bet. The three-count complaint asks the court to bar Gov. Tony Evers from negotiating compact amendments implementing the law. A third count calls the law’s tribal-server requirement a racial classification barred by the 14th Amendment. Each defendant … Read more

Light & Wonder Sent 34 Slots To New North American Floors

Light & Wonder Sent 34 Slots To New North American Floors

Just 34 of the 4,973 machines Light & Wonder shipped in the U.S. and Canada went to new or expanding casinos. Replacements made up 4,939 of those shipments, and new-opening units fell from 293 in the first quarter. Overseas casinos took 342 new-opening units, up from 74, so the construction slowdown is American rather than … Read more

Two Of Three Ohio Governor Nominees Back Online Casinos

Two Of Three Ohio Governor Nominees Back Online Casinos

Democrat Amy Acton and Libertarian Don Kissick back online casino legalization; Republican Vivek Ramaswamy did not respond. Acton would direct new gambling tax revenue to public schools, childcare and property-tax relief. Ohio’s two iGaming bills have sat in committee since May 2025 without reaching a floor vote. House Bill 971 would go the other way … Read more

New Hampshire Gaming Hits $42.4M, Half From Video Terminals

New Hampshire Gaming Hits $42.4M, Half From Video Terminals

New Hampshire’s charitable game rooms reported $42,374,820 in June revenue, up 31% from a year earlier. Video lottery terminals generated $21,643,774, more than half the total, in their first June in service. Historic horse racing revenue fell 56% to $10,343,417, losing its place as the state’s top machine game. State revenue rose 51% to $7,143,220, … Read more

Judge Won’t Freeze New York’s Gambling Case Against Kalshi

Judge Won't Freeze New York's Gambling Case Against Kalshi

A federal judge denied the CFTC’s emergency bid to halt New York’s gambling case against prediction market Kalshi. The order reached the docket Aug. 3 and found the agency showed neither likely success on the merits nor irreparable harm. New York seeks $100,000 for each unauthorized sports wagering offer plus a penalty of three times … Read more