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New York Sports Betting Handle Grows Despite Prediction Market Competition
New York's sports betting handle rose 5% year-over-year in September to $2.4 billion, but operator revenue declined 5.8% as sportsbooks' hold weakened amid prediction market expansion.
Casino Advisor 
Mob Museum Acquires Bugsy Siegel's Personal Effects After Nearly 80 Years
The Mob Museum will display 22 items recovered from Benjamin Siegel's pockets following his 1947 murder, acquired through a legal battle by his granddaughter against the Beverly Hills Police Department.
Casino Advisor 
Powerball Jackpot Climbs to $716M as Two Players Win $1M Each
Monday's Powerball drawing produced two Match 5 winners in Florida and Georgia, each claiming $1 million prizes, while the jackpot remained unclaimed ahead of Wednesday's drawing.
Casino Advisor 
NetJets Opens 300,000 Sq Ft Private Aviation Hub at Las Vegas Airport
NetJets and Signature Aviation have launched a new private aviation facility at Harry Reid International Airport, capitalizing on nearly 45% growth in Las Vegas flight activity since 2022.
Casino Advisor 
Evolution Reports Modest Q3 Growth as Brazil Ban Threatens Latin American Expansion
Evolution's Q3 revenue climbed 3.7% to 526.1 million euros, but the company faces significant headwinds in Brazil following an abrupt government gambling ban that forced studio closures.
Casino Advisor 
DraftKings Reaches Third Place in Prediction Market Rankings as Volume Surges
DraftKings has climbed to third position in prediction market notional volume rankings just months after launching its exchange, surpassing $3 billion in weekly volume as regulatory scrutiny of insider trading intensifies.
Casino Advisor 
Alberta iGaming Market Generates $122.1 Million in First Three Months of Operation
Alberta's regulated iGaming market posted $122.1 million in revenue across its opening quarter, with monthly figures more than doubling as operator counts and player participation expanded rapidly.
Casino Advisor 
Balance Sheet Strength Emerges as Key Casino Stock Differentiator
Macquarie analysis shows investors increasingly favor casino operators with lower leverage and stronger balance sheets, rewarding debt-conscious players while penalizing highly indebted peers.
Casino Advisor 
Sports Betting Ad Spend Expected to Double to $7B in 2027, CEO Projects
Fanatics CEO Michael Rubin forecasts the U.S. sports betting industry will spend $7 billion on marketing next year, more than double 2025 levels, as competition intensifies among major operators.
Casino Advisor 
SportsGrid Seeks Buyer as Sports Betting Media Partnerships Lose Financial Appeal
SportsGrid, a 24-hour sports wagering media network, is reportedly exploring a sale through investment bank Telos Advisors after years of declining revenue and the loss of major sportsbook partnerships.
Casino Advisor 
Sports Dominate U.S. Prediction Markets as Awareness Gaps Persist
An S&P Global survey reveals that 70% of prediction market traders focus on sports contracts, while 44% of U.S. consumers remain unaware of prediction market platforms entirely.
Casino Advisor 
Illinois Study Reveals High Problem Gambling Rates Among Legal Profession
A landmark study by the Illinois Lawyers' Assistance Program found that 6% of lawyers and 13% of young attorneys meet criteria for gambling disorder, with significant impacts on mental health and job performance.
Casino Advisor 
Mega Millions Jackpot Surges Past $400M as Tuesday Drawing Yields No Winner
The Mega Millions jackpot has climbed to $403 million following a Tuesday drawing that produced no top-prize winner but awarded multiple five-figure prizes to secondary-tier players.
Casino Advisor 
NFL Week 4 Underdogs Deliver Sportsbook Wins, Patriots Upset Breaks Popular Parlays
NFL Week 4 saw underdogs go 8-4-2 against the spread with five outright upsets, headlined by New England's shocking victory over Buffalo that disrupted major parlay bets across Las Vegas sportsbooks.
Casino Advisor 
DraftKings Faces Stock Pressure as Prediction Market Investment Strategy Emerges
DraftKings stock has fallen 46% year-to-date amid broader gaming sector weakness, but the company's increased spending on prediction markets could reshape its competitive positioning ahead of a critical Supreme Court ruling.
Casino Advisor 
NFL Week 3 Upsets Expose Sportsbook Mispricing of Backup Quarterbacks
Backup quarterbacks went 7-3 straight up in Week 3, with Case Keenum's Chicago Bears stunning favored Philadelphia and Marcus Mariota's Washington Commanders upsetting Seattle, signaling persistent oddsmaker errors.
Casino Advisor 
UK EuroMillions Player Claims GBP 111M Jackpot, Fourth Major Win for British Players in 2026
A mysterious UK ticket holder has won GBP 111 million in Friday's EuroMillions draw, marking the fourth jackpot victory for British players this year and reinforcing the UK's dominance in European lottery markets.
Casino Advisor 
Illinois iLottery FastPlay Games Drive Continued Revenue as Six-Figure Winners Emerge
An Illinois iLottery player won $913,372 from a FastPlay Cash Castle game, underscoring the continued appeal of instant digital lottery products across the state.
Casino Advisor 
Las Vegas Family Appeal Strategy Succeeded Despite Popular Industry Narrative
Contrary to widespread industry belief, Las Vegas Strip casinos' 1990s pivot toward family-friendly attractions generated significant growth rather than failure, with family visitation rising from 7% to 21% over three decades.
Casino Advisor 
Ontario Sports Betting Revenue Falls 30% in August as Casino Segment Hits Record Market Share
Ontario's regulated iGaming market saw sports betting revenue plunge 30% month-over-month in August, while casino wagering reached an all-time 90% market share. Overall handle declined slightly to CA$9.74 billion.
Casino Advisor 
Diller Abandons MGM Takeover Bid After Four Months, Stock Plunges 8%
Barry Diller's People Inc. has withdrawn its $18 billion offer to take MGM Resorts private, citing deal complexity, as shares tumble in after-hours trading.
Casino Advisor 
Bills and Dolphins Shape Early NFL Betting Trends After Week 2 Volatility
Las Vegas sportsbooks report strong betting momentum behind the undefeated Bills and continued fading of the Dolphins, while Week 2 upsets created sharply different outcomes for operators compared to Week 1.
Casino Advisor 
Trump's July Stock Sales Include Gaming Holdings Amid Caesars Fertitta Buyout
President Trump's financial managers sold shares in Caesars Entertainment, Rush Street Interactive, VICI Properties, and Sphere Entertainment in July, according to financial disclosures filed this month.
Casino Advisor 
UK Gambling Market Expands 4.4% to GBP 17.5B as Online Sector Leads Growth
Britain's gambling industry reached GBP 17.5B in FY2026, driven primarily by strong online sector performance. The 4.4% year-on-year increase reflects sustained consumer engagement across digital platforms.
Casino Advisor 
New York Sportsbooks Post Record NFL Opening Week Handle Amid Prediction Market Competition
New York sportsbooks wagered $595 million in the first week of the 2026 NFL season, a 13% increase year-over-year, but profitability declined 44% as bettors capitalized on favorable odds and outcomes.
Casino Advisor 
NFL Week 1 Ignites Sports Betting Surge, GeoComply Records 99.8M Geolocation Checks
GeoComply data reveals a 176% spike in sports betting activity during NFL Week 1, with new account sign-ups surging over 310%. However, the rise of same-game parlays and player props is reshaping sportsbook economics.
Casino Advisor 
Buffett's Retirement Caps Decades-Long Critique of America's Gambling Culture
Warren Buffett stepped down as Berkshire Hathaway chairman at 96, ending a 65-year tenure marked by vocal opposition to the blurring of investing and gambling in American markets.
Casino Advisor 
Illinois Powerball Winner Claims $1.04B Jackpot, Opts for $261.5M Cash Payout
An Illinois lottery player who won the eighth-largest Powerball jackpot in history has come forward after a month, choosing anonymity while taking a lump-sum cash option worth $261.5 million after taxes.
Casino Advisor 
Traditional Sportsbooks Retain 80% of NFL Wagers as Prediction Markets Remain Niche
Research firm EKG projects sportsbooks will capture $31.7 billion in NFL handle this season, more than triple prediction market volume, maintaining industry dominance despite emerging competition.
Casino Advisor 