Virtual Sports News

UK Gambling Commission Reports Record High Online Gaming Results

In a recent report published by the UK Gambling Commission, it was revealed that Q3 23-24 was a solid year for online betting. In the nation, which has long had its doors open to gambling practices, bettors spent more than £1.3 billion on online games in three months toward the end of 2023. It was […]

Ontario’s Betting Industry Is Skyrocketing in Revenue

On April 4, 2022, sports betting became legal in Ontario, Canada. Since then, the market has been on a constant upward trend, gathering steam and bringing in revenue-based boons for the operators granted licenses in the region, such as BetMGM, Caesars, and Bet365. A recent report revealed that Q3 of FY 2023 – 2024 was […]

Vermont’s Sports Betting Markets Are Live Now

In June 2023, a bill was signed that legalised sports betting in the state of Vermont. Now, that historical change has gone into effect and sports betting markets have been opened up across the region, permitting ‘up to six’ online sportsbooks to break into the new market. At present, the likes of FanDuel, DraftKings, and […]

North Carolina’s Sports Betting Scene Gathers Steam

As the year unfolds, North Carolina’s betting scene is set to explode, with eight licensed, top-tier operators moving into the space and picking up some profitable partnerships. It’s expected that things will start to heat up by March Madness, with betting sites and apps going live as 2024 unravels. In recent weeks, we’ve heard about […]

Ohio State Secures Huge Sports Betting Payday

It has been revealed that in the first year of the state accepting wagers, the sports betting market in Ohio raked in almost $1 billion in tax revenue. This monumental figure came following a year of excitement, with the markets opening up in January 2023. By November 2023, more than $848 million in tax revenue […]

Brazil Votes To Regulate Gambling and iGaming

Brazil’s Chamber of Deputies has approved a landmark ruling to regulate gambling and iGaming. This bill was introduced in July 2023, with the nation’s President, Lula da Silva, raising it with hte goal of legalising country-wide sports betting. This followed a previously unsuccessful attempt to under the former President. There are high expectations in store […]

New Jersey Smashes Online Betting and Sports Gambling Records

As the year comes to a close, it has been revealed that New Jersey has blasted several records through 2023. It’s an evolution of the Atlantic City gambling markets, and it’s seeing online gambling and sports betting markets undergo a boom that’s bringing in billions of dollars. As they grow alongside brick-and-mortar venues, the online […]

BetMGM Wants To Secure $500m EBITDA In 2026, Report Reveals

It has been revealed in a report by Entain that BetMGM endeavours to secure a $500 million EBITDA through 2026. This staggering figure comes off the back of a ‘rebound’ of the online sports betting industry that has seen record numbers appear across the United States. BetMGM is one of the most popular and valuable […]

Rivalry Reports Record Growth in Q3 2023

Rivalry, which is fast becoming an industry-leading betting platform, has reported record third-quarter results. In the latest financial update from the firm, it was reaffirmed that the organisation is on track for soaring profits in 2024. There were reports of a betting handle through Q3 2023 of a whopping $105.7 million, a 50% increase year-over-year. […]

ESPN Bet Wants 20% of the US Betting Market

ESPN Bet – Disney’s foray into the online gambling scene – is now live in almost twenty states. It launched last week to a relatively positive reception, soaking up around 2% of the US sports betting market. However, that number has been secured by ESPN Bet’s absorption of the Barstool Sportsbook, which has taken on […]