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Gambling Industry News

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Here at iGamblingNow, our team of gambling experts will bring you the latest updates in the industry. Our gambling industry news will give you insights and updates through gambling industry articles, gambling industry news highlights, reports, and analysis on the global gambling industry. Gain a better understanding of the gambling landscape as you get to know more about the industry- from news, reports, to the latest developments.

Get the latest updates on the gambling trends from the many iGaming markets from around the world. use the information to help connect to your sportsbook target market by offering more gaming options based on market demand.

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The Latest Gambling Industry News and Articles

Legislation to Modernize Paraguay Gambling Law Passes

Paraguay’s Chamber of Deputies has approved sweeping reforms to the Paraguay gambling laws, marking a significant shift toward market liberalization in a sector long dominated by monopolies. Regardless if you want to get into the sports betting business...

Record-Breaking Sports Betting in Indiana Despite Lower Profits

Sports betting in Indiana shattered its betting records in October as residents placed $537.9 million in bets, surpassing the previous high of the $513.7 million handle set back in November 2023. This 25.2% year-over-year increase marks the fifth time the...

Sports Betting in The US Thrives as Football Season Begins

The return of NFL and college football in September brought a significant boost to most, if not all, betting markets across the US. In our latest gambling update, let us take a look at the reports from several states as we look at how popular and lucrative sports...

Pennsylvania Gambling Market Jumps in August

The Pennsylvania gambling market experienced significant growth in August. Both sports betting and iGaming enjoyed a boost in handle and revenue.  Sportsbooks record a 48.4% increase in gross gaming revenue compared to the same month in 2023. Meanwhile, the total...

Pennsylvania Sportsbooks Record 12.7% Hold Rate in July

Sports betting in the Keystone State was very active for the month of July. It was also quite profitable, with Pennsylvania sportsbooks recording a 12.7% hold rate. Sportsbooks ideally should have a hold rate or win rate in the double-digit range. The higher the rate,...

New York Sportsbooks See Lowest Weekly Handle of the Year

If you read a lot of bookie news and updates, you will be getting a lot of reports on sports betting markets across the country. In recent weeks, you will have read about the drop in betting activity in most markets across the US. The Empire state is not exempt from...

US Gambling Industry Extends Quarterly Revenue Streak

In the first quarter of 2024, the US Gambling industry recorded $17.67 billion. This is the 13th straight month that the country has beat its previous record in gambling revenue. This includes all US retail casinos, sportsbooks, as well as online casinos and online...

Pennsylvania Gambling Market Sets Revenue Record

In the latest gambling news, the Pennsylvania Gambling Market shows us just how profitable it will be if you learn how to open an online casino and go live. Casinos in the state record a new monthly record in revenue at $554.6 million. The record month for iGaming in...

Gaming Industry Sets New Record with $5.6 Billion February Revenue

In the latest gambling industry news, the gaming industry has hit a new record, raking in a staggering $5.61 billion in revenue in the month of February. This impressive revenue comes from traditional casino games, sports betting, and iGaming. In fact, all of these...

Ontario Sports Betting and iGaming Industry Marks Two Years of Operations

In the latest gambling industry news, we are going further north to see how sports betting and online gambling is faring. In the US, there are 38 states that offer sports betting, while 7 states offer iGaming. Ontario, meanwhile, was the first province in Canada to go...

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Teams to Watch Out for in the NBA Restart

Teams to Watch Out for in the NBA Restart

After a long pause in sports, we are finally seeing our favorite professional sports leagues return. This time around, we’ll only be able to watch them, as live audiences are prohibited in almost all of the upcoming sports events. In the case of the NBA, its restart will be in a Bubble- all of its games up to the finals will be held in Florida. And if you are looking for software for sportsbooks so you can earn money from NBA betting, you better hurry, because the NBA restart begins July 30.

Louisiana Residents Will Now Be Able to Bet on Fantasy Sports

Louisiana Residents Will Now Be Able to Bet on Fantasy Sports

Governor John Bel Edwards signed a bill where Louisiana residents will now be able to bet on fantasy sports. Daily Fantasy Sports, or DFS, will have an 8% tax rate for the state. A lot of residents and sports bettors are relieved to see this finally be approved. Back in 2018, residents in 47 out of 64 parishes voted for DFS to be legalized. DFS is one of the growing betting industries that shows potential for good revenue, according to sportsbook pay per head experts.

Iowa Sports Betting Improves in June

Iowa Sports Betting Improves in June

It looks like sports betting is finally returning as Iowa sports betting improves in June. A lot of betting software development services are also getting a lot of new clients who want to get a share of players who are looking for online sports betting opportunities. And if Iowa’s handle is any indication, then we will be seeing better news for the industry in the next few weeks.