Vice President, iGaming Operations - iGaming Revenue Operations

New York sportsbooks generate highest weekly gross revenue of football season. Brad Senkiw - News Editor 16+ years betting experience Empire State sportsbooks posted $52.1 million in gross revenue on $581.2 million in wagers, while the overall handle fell from the previous week. Photo By - Reuters Connect. New York Giants quarterback Jameis Winston (19) celebrates with Giants wide receiver Malik Nabers (1) after connecting on a touchdown pass against the Washington Commanders at Northwest Stadium. Geoff Burke-Imagn Images Despite a 6% week-over-week decline in handle, New York online sportsbooks generated their highest gross revenue of the NFL season. Key Takeaways * New York operators fall short of a double-digit hold again. * The weekly handle excludes wagers placed on Monday's Bills-Rams game. * FanDuel kept 9% of over $200 million in wagers. The New York State Gaming Commission reported on Friday that eight mobile operators won back $52.1 million of a $581.2-million handle during the NFL's Week 5. The period that ended Oct. 11 also featured a full slate of college football and the second round of the MLB postseason. The latest gross revenue haul was up 6.1% from the previous week and a significant increase from the $30.2 million generated during the same period last year. Operators still fell short of the first double-digit hold of the fall, but the 9% win rate was up over a point from the previous week. The latest handle failed to reach $600 million in consecutive weeks and fell by more than $9 million year over year, but there was one less game played in the NFL, as the Chiefs and Panthers were on a bye. The amount wagered for the week also didn't take into account the full betting picture for last Monday's Bills-Rams showdown. FanDuel, DraftKings surpass $200M. FanDuel continued its streak of five consecutive $200-million handles and led all New York sports betting operators with $209 million in handle, good for a 9.1% hold. The operator won $19.1 million, dipping below $20 million in gross revenue for the first time in three weeks. DraftKings wasn't far behind in handle, generating $203 million in wagers. The online operator also used a 9.2% win rate to keep $18.6 million in gross revenue, DraftKings' best week of the NFL season. Other operators. Fanatics produced a 9.7% hold on $68.4 million in wagers during the week ending Oct. 11 to generate the third-most revenue. BetMGM won back just 5.3% on a $40.1-million handle, while Caesars nearly reached 9% on $39.4 million in bets. theScore Bet finished third in New York for the week with a 10.1% hold, while BetRivers won 9.2% on $10.3 million in wagers. Bally Bet reached second place with a 10.6% hold for the week, but generated a modest $3.2-million handle.

Event wagering handle in Arizona falls 4.6% to $582.8m for August. FanDuel led all licensed operators in Arizona with just over $12.1m of online revenue during August but decreased 14.3%, while DraftKings followed with $11.3m and fell 11.2%. Key Points Only three operators in Arizona reported retail event wagering revenue for August, including DraftKings which generated $123,644 Total online revenue for Arizona operators decreased 12.6% to $35.9m, while retail revenue fell 33.5% to $254,704 The Arizona Department of Gaming (ADG) has reported the state's event wagering activity for August 2026, as licensed operators combined to generate $582.8m in total handle, representing a decrease of 4.6% year-over-year. Online operations accounted for the vast majority of handle during the monthly period, totaling $581.2m but decreasing 4.5%. Retail event wagering produced just over $1.6m of handle, equating to a fall of 7.8%. FanDuel led all licensed operators in Arizona with just over $12.1m of online revenue during August and decreased 14.3%, while DraftKings followed with $11.3m and fell 11.2%. Only three operators in Arizona reported retail event wagering revenue for August, including DraftKings which generated $123,644, BetMGM with $38,816 and Caesars totaling $92,242. BetMGM followed the two sports betting goliaths with nearly $3.8m of online event wagering revenue for August and fell 36.3%, while Fanatics Sportsbook accounted for $3.5m and managed to increase revenue 34.4%. Arizona event wagering handle history - August. Caesars Sportsbook and bet365 generated online event wagering revenues of $1.6m and $2m during August, respectively, equating to a decrease of 36% for the Caesars-ran platform but an increase of 166.1% for the latter. The state collected approximately $3.6m in event wagering privilege fees for the month of August, while regulated event wagering and fantasy sports have generated $11.8m in privilege fees for fiscal year 2027 up to this point. Since the launch of legal sports betting in Arizona, residents have wagered approximately $37.1bn, generating close to $202.5 million in event wagering privilege fees for the state. On August 4, the ADG allocated an event wagering operator license to Circa Sports - in partnership with the San Juan Southern Paiute Tribe - allowing the operator to offer sports betting across the state. Circa Sports and the ADG collaborated to determine the next steps for operational launch, as the license was still pursuant to the state's Revised Statutes and Administrative Code at the time of announcement. Good to know Arizona Secretary of State Adrian Fontes introduced a new internal policy which prohibits event wagering or prediction market engagement related to elections during July

The gambling wire: FTC eyes sportsbooks as Kalshi tribal deal faces dispute. Federal regulators reportedly examine sportsbook advertising practices. Meanwhile, conflicting reports have emerged over Kalshi's tribal partnership. Updated on 14 October 2026 Global Wire Editor Fact checked Managing Editor DraftKings and FanDuel continue to draw scrutiny over their marketing practices, as the Federal Trade Commission (FTC) is reportedly investigating online sports betting. Meanwhile, competing leadership factions within the Alabama-Quassarte Tribal Town have issued conflicting statements about a partnership with Kalshi. Elsewhere, Pennsylvania begins enforcing its skill-game restrictions, and BetMGM reports sharply higher quarterly earnings. Also in the news, an NCAA point-shaving organizer receives a six-year prison sentence, while the NBA and WNBA announce a responsible gaming campaign addressing both sports betting and prediction markets. The big story: FTC reportedly begins sportsbooks review. The FTC is probing the online sportsbooks industry, reportedly in response to allegations of deceptive or misleading advertising, The Washington Sun reported. Citing three people familiar with the matter, the publication said both political appointees and career staff were involved in the preliminary evaluation. The Sun reported that prediction markets were not expected to be included in the review, which remains in its early stages. DraftKings told the Sun that it had not received a civil investigative demand from the FTC, while FanDuel and the agency declined to comment. Sports Betting Alliance President Joe Maloney pointed to the Responsible Online Gaming Association's marketing standards in defending the industry's consumer protection commitments. The reported probe arrives as both DraftKings and FanDuel face growing pressure over their marketing practices. A New York Times investigation last month alleged that DraftKings used AI to identify customers likely to lose more money through promotions. The report prompted investigations by regulators in Massachusetts, Michigan, and Maine, as well as a class action lawsuit. FanDuel, meanwhile, has faced scrutiny from federal lawmakers for using personalized messages to VIP customers. During the summer, a personalized video featuring Bryce Harper was sent to a customer with a gambling addiction who had lost $1.5 million on the platform, drawing national attention. The daily wire. Kalshi tribal partnership faces questions amid leadership dispute. A week after Kalshi partnered with four Native American tribes to launch prediction market apps, conflicting statements have emerged over one of those agreements. CNN updated its reporting to describe the app as having been launched by a faction of the Alabama-Quassarte Tribal Town. Another faction subsequently opposed the agreement, arguing that prediction markets constitute illegal gambling and threaten tribal gaming revenue. CNN reporter Marshall Cohen described the development as part of a longstanding leadership dispute. A statement shared by Indian Gaming Association conference chair Victor Rocha denied that the Tribal administration, governing committee or its representatives had entered into an agreement with Kalshi. It identified Samuel Marshall Jr. as chief and a media contact. The denial contrasts with statements provided to Gambling Insider by a spokesperson for the Oklahoma tribe. The spokesperson outlined a transaction-based revenue-sharing arrangement with Kalshi and said the tribe intended to launch PokkeTrades in November. "Through our agreement with Kalshi, we anticipate earning a share of transaction revenue generated through the platform," the spokesperson told Gambling Insider. The spokesperson also acknowledged the outstanding legal questions surrounding sports event contracts. "We recognize that federal regulation does not, by itself, resolve every question about the application of state and tribal gaming laws," the spokesperson said. NCAA point-shaving organizer sentenced to six years. Jalen Smith, a key figure in an NCAA basketball point-shaving scheme, was sentenced to six years in prison. Smith also received three years of supervised release, approximately $1.1 million in restitution and $75,000 in forfeiture. Smith pleaded guilty in March to bribery in sporting contests, conspiracy to commit wire fraud, wire fraud and possession of a firearm by a felon. According to prosecutors, between 2022 and 2025, Smith and co-conspirators recruited, managed and paid players to underperform. They targeted players who earned relatively little through name, image, likeness (NIL) compensation and players on underdog teams. Bribes typically ranged from $10,000 to $30,000 per game. The broader NCAA scheme involved more than 39 players across more than 17 Division I teams and efforts to fix more than 29 games. Prosecutors said the scheme involved more than $3 million in fraudulent wagers and caused over $1.1 million in losses to sportsbooks. Pennsylvania skill games face enforcement as deadline passes. Skill games in Pennsylvania are officially subject to enforcement action after lawmakers failed to establish a regulatory framework before the Oct. 13 deadline. In June, the state Supreme Court ruled that the devices qualify as slot machines under Pennsylvania law. The court delayed enforcement for 120 days, giving lawmakers time to establish a regulatory framework. Restaurants, bars, convenience stores, American Legion posts, and veterans' organizations must now remove the machines or face sanctions. State Police guidance says establishments possessing, operating or maintaining the machines outside Pennsylvania Gaming Control Board-licensed locations are subject to criminal prosecution and immediate seizure beginning Oct. 14. Potential enforcement actions include confiscation of machines, related equipment and proceeds, as well as criminal charges. Businesses with liquor licenses could also face administrative citations, fines or license suspensions. Simply turning the machines off is not enough. BetMGM Q3 adjusted EBITDA doubles as revenue rises 7%. BetMGM reported third-quarter adjusted EBITDA of $86 million, up 112% year over year, while net revenue increased 7% to $710 million. The company reported iGaming revenue of $483 million, up 6% year over year. Meanwhile, online sports betting revenue increased 7% to $216 million. Sportsbook handle grew 3% to $3.24 billion. BetMGM reiterated its full-year guidance but said it expects results to fall toward the lower end of the range. The company also reported a successful launch in Alberta, with per-player metrics trending above those recorded during its Ontario launch. CEO Adam Greenblatt said during Tuesday's investor call that customer acquisition costs had fallen. He said the company had scaled back marketing in sportsbook-only states and was targeting high-spending customers, a strategy he said was working. NBA and WNBA campaign includes prediction market risks. The NBA and WNBA will launch a responsible gaming campaign in partnership with the National Council on Problem Gambling (NCPG) during the upcoming season. It will cover both sports betting and prediction markets. The campaign will include advertising across social media and television through league and partner channels. The initiative aims to "educate fans, particularly young adults, about the risks associated with sports betting and prediction markets." The campaign will also encourage fans to set spending limits, recognize potentially harmful gambling behavior and avoid spending money they cannot afford to lose. Treasury sanctions cartel-linked horse racing network. The U.S. Treasury sanctioned four individuals and 11 entities connected to Cartel del Noreste, including a Mexican racetrack that the department says generates revenue for the criminal organization. The Office of Foreign Assets Control (OFAC) action targets businesses spanning quarter horse racing, construction, trucking and the oil and gas sector. Among the designated businesses is Club La Molienda, a racetrack near Nuevo Laredo, Mexico. Treasury said cartel leaders and associates use the venue to race horses, including many purchased in the United States. The latest action follows Treasury sanctions in April against Casino Centenario and Diamante Casino over their alleged cartel connections. Treasury said Casino Centenario was used to launder illicit proceeds through gambling operations and store fentanyl and cocaine. Connections Stay updated with GI Follow Gambling Insider for independent news, analysis and industry expertise. Chavdar Vasilev Global Wire Editor Chavdar Vasilev is the Global Wire Editor at Gambling Insider, overseeing first-day coverage of breaking developments across the global gambling industry. His work focuses on regulation, enforcement actions, earnings, market activity, and emerging sectors, including prediction markets and sweepstakes casinos. Previously, Vasilev reported for publications including CasinoBeats and Bonus.com, covering industry-shaping stories across the U.S. and beyond, from legislative debates and market expansion to financial performance and operator strategy. Gambling Insider delivers the latest industry news, in-depth features, and operator reviews that you can trust. 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