PENN Entertainment loses ground with identity crisis; US tribal gaming revenue hits record $46.2 billion; Pennsylvania lawmakers introduce bill to regulate prediction markets; plus the week’s other news from North America.
PENN loses ground with identity crisis
PENN Entertainment continues to lose market share to its rivals in the US online sports betting sector, and its multiple changes of brand cannot have helped.
In the last three years PENN has operated sports betting under the Barstool, ESPN BET and now theScore Bet brands.
The deal with ESPN saw its market share enjoy a brief marketing-induced peak at the end of 2023 but monthly share has been below 3 per cent since that deal came to an end in December 2025.
US online sports betting is a competitive market and both Fanatics and bet365 have overtaken PENN by market share, having been behind PENN at the start of 2023.
Michigan
Michigan’s revenue from online sports betting and iGaming topped $340 million in June, increasing by 20 per cent to $341.4 million. Monthly iGaming revenue grew by 25 per cent to $301.2 million, marking four months in a row in which the iGaming market has been above $300 million. Online sports betting revenue fell by 10 per cent to $40.1 million on a 21 per cent rise in wagering to $366.1 million. Adjusted gross revenue across both sectors was $309.4 million in June, up by 21 per cent.
New Hampshire
The New Hampshire Lottery has reported a 41 per cent increase in sports wagering for June to $71.1 million, the highest total for the month of June since launch. Mobile betting increased by 42 per cent to $67.2 million, while retail betting had 14 per cent growth to $3.8 million. The overall betting margin slipped by 4 percentage points to 9.8 per cent and gross win was up by just 1 per cent on June 2025.
Wyoming
Wyoming’s sports wagering neared $17 million in June, growing by 18 per cent year-on-year to $16.9 million. DraftKings accounted for more than half of all wagering on $8.3 million, a rise of 28 per cent, and was nearly double that of its rival FanDuel on $4.2 million. Gross revenue from sports betting dropped by 30 per cent to $1.4 million and was the lowest total of 2026 so far.
Massachusetts
Massachusetts’ online sports wagers rose above $600 million in June and was up by 16 per cent to $608.9 million. DraftKings took 50 per cent of the market with wagers of $302.0 million, almost double that of its rival FanDuel on $154.6 million. Fanatics held third place on $65.9 million, up by a strong 74 per cent year-on-year. The growth in wagers was not matched by gross win, which fell by 12 per cent to $55.1 million.
In the state’s land-based gaming market, Massachusetts’ three casinos reported a 3 per cent decrease in June revenue to $94.9 million. Revenue from slot machines fell by 2 per cent to $67.1 million and table gaming win had a fall of 7 per cent to $27.2 million. Retail sports betting did show growth with revenue up by 18 per cent to $711,946. Encore Boston Harbor held 61 per cent of the market on monthly revenue of $57.4 million, ahead of MGM Springfield on $23.0 million.
Louisiana
Louisiana’s sports wagers climbed by 25 per cent in June to $306.1 million and took wagers for the first half of 2026 to $2.04 billion. Despite the strong wagering growth in June, wagers in the first half of the year was down by 0.2 per cent on H1 2025. Mobile betting was up by 1 per cent to $1.94 billion but retail betting fell by 23 per cent to $97.1 million. For June, the split of wagers was $294.7 million from mobile and $11.4 million from retail.
In the state’s land-based and riverboat sector, Louisiana’s 16 casinos saw a 5 per cent increase in gaming revenue for June to $190.2 million, as admissions climbed 3 per cent during the month to 1.65 million. L’Auberge Lake Charles was the leading casino on revenue of $27.9 million, while Golden Nugget Lake Charles was just ahead of Caesars New Orleans on revenue of $25.8 million versus $25.2 million.
Pennsylvania
Pennsylvania’s licensed gambling operators have generated $7.01 billion in revenue for the fiscal year ended 30 June 2026, a new annual record for the state. Revenue from iGaming increased by 18 per cent to a new high of $2.93 billion, while sports betting revenue was up by 36 per cent to a record $662.9 million. Land-based gaming revenue fell by 1 per cent to $3.35 billion, with slot machine win unchanged on $2.44 billion. Table gaming revenue was down by 2 per cent in FY2026 to $908.9 million.
Connecticut
Connecticut’s sports betting and iGaming wagers surpassed $2 billion in June, growing by 17 per cent to $2.01 billion. iGaming wagers increased by 15 per cent to $1.81 billion, while the state’s sports betting market climbed by 45 per cent to $204.0 million, spurred by the World Cup. Gross win from iGaming rose by 14 per cent to $62.5 million, but sports betting win dropped by 63 per cent to $6.7 million, at an overall margin of just 3.3 per cent.
Maine
Maine’s sports wagers jumped by 29 per cent in June to $44.8 million, as online wagering grew 28 per cent to $44.3 million, while betting in the smaller retail sector surged by 160 per cent to $585,845. DraftKings took online bets of $35.9 million and Caesars $8.4 million, for shares of 81 per cent and 19 per cent respectively. Monthly gross win was $5.1 million, at a margin of 11.3 per cent (June 2025: 13.6 per cent).
In the state’s land-based gaming market, Maine’s two casinos won $13.8 million in gaming revenue for June, a rise of just 1 per cent. Slot machine revenue increased by 2 per cent to $12.0 million, which partly offset a 6 per cent decrease in table gaming win to $1.8 million.
North Carolina
North Carolina’s sports wagers showed 36 per cent growth in June to $589.6 million, as the World Cup began. Real-money wagers were up by 36 per cent to $570.8 million and the state’s sportsbooks used 51 per cent more in promotions than the same month last year at $18.7 million. Monthly gross revenue fell by 7 per cent to $54.1 million, with the margin falling by 4 percentage points to 9.2 per cent.
Vermont
Vermont’s sports wagers were unchanged versus a year ago in June at $14.0 million, despite soccer betting soaring by 206 per cent to $3.3 million, due to the impact of the World Cup. Baseball betting fell by 22 per cent to $3.0 million, while basketball betting increased by 25 per cent to $1.8 million. Monthly gross win increased by 16 per cent to $1.8 million, at a margin of 12.7 per cent.
New Jersey
New Jersey’s gambling market managed revenue growth of just 1 per cent in June, taking it to $585.6 million. Monthly iGaming revenue increased by 18 per cent year to $271.0 million, while sports betting saw a 38 per cent decline in revenue to $57.3 million. In the state’s land-based sector, casino gaming revenue was down by 1 per cent to $257.3 million. This total included 2 per cent growth in slot machine win to $186.0 million and a 6 per cent drop in table gaming win to $71.3 million.
Mississippi
Mississippi’s casinos reported gross revenue of $194.6 million in June, a year-on-year fall of 1 per cent. Slot machine revenue declined by 2 per cent to $162.4 million, while table gaming revenue was up by 1 per cent to $26.1 million. Retail sports betting in the casinos grew by 8 per cent to $19.7 million but adjusted gross win decreased by 14 per cent to $2.4 million.
Boyd Gaming has reported flat revenue of $1.03 billion for the second quarter of 2026, as growth in gaming revenue offset other declines.
Las Vegas Sands has reported a dip in net revenue for the second quarter of 2026, as lower casino revenue offset growth in other segments.
A strong World Cup performance helped Kambi grow revenue by 13 per cent to €45.9 million in the second quarter of 2026.
Monarch Casino and Resort grew second-quarter net revenue by 4.2 per cent year-on-year to $142.6 million, with net income for the period surging 20.4 per cent.
Hacksaw has reported a 29 per cent increase in revenue to €116.9 million for the first half of 2026, benefiting from a strong second-quarter performance.
Pennsylvania is weighing a new path for regulating prediction markets, one that skips taxation and instead sets ground rules for how the industry can operate in the state.
Nevada Congressmen Steven Horsford (NV-04) and Mark Amodei (NV-02) have introduced a bipartisan bill to ban sports prediction market contracts.
Tribal gaming revenue across the United States hit a record high of $46.16 billion in FY 2025, according to latest figures from the National Indian Gaming Commission (NIGC).
Michigan Governor Gretchen Whitmer has appointed James Townsend as the new chair of the Michigan Gaming Control Board (MGCB).
Aristocrat Interactive has launched a new iLottery platform for the Michigan Lottery under a new six-year agreement.
Industry veterans Greg Carlin and Dan Alexander have joined forces to establish G2 Digital, which has launched its first iGaming brand on White Hat Gaming’s PAM platform.
This week’s games and platform integration round-up features Play’n GO, Playtech’s Origins, Yggdrasil, Galaxsys, Bragg Gaming and 1spin4win.
Hard Rock Digital has launched its Hard Rock Bet brand in Ontario, marking the brand’s debut outside the United States.
Bragg Gaming Group is positioned to expand its presence in the United States after completing its acquisition of Drayton International.
Washington has become the latest state to temporarily halt Kalshi from offering its sports-event contracts to residents.
The NCAA has provided written testimony during a congressional hearing, arguing that unregulated sports prediction markets threaten athletes and sports integrity.
Hard Rock Bet has agreed a new multi-year agreement to serve as the official sportsbook of the Miami Marlins.
Yggdrasil has entered the United States for the first time through a partnership with Caesars Entertainment.
Electronic table games provider Interblock has appointed Kay Oswald as its new chief executive officer.
Evolution is paying a termination fee of $5.2 million to Galaxy Gaming after ending their merger agreement.
Accel Entertainment is expanding its Nevada operations with a new route agreement with Green Valley Grocery Convenience Stores.
IGT has secured a new deal with Western Canada Lottery Corporation (WCLC) to deploy additional video lottery terminals across Saskatchewan.
The UAE’s first licensed iGaming platform has expanded its online gaming portfolio through new collaborations with IGT and Endorphina.
OpenBet has reported record wagering during the World Cup with over $3 billion generated in betting stakes.
Resorts World New York City (RWNYC) has opened the first floor of its commercial casino, adding 1,400 slot machines to its gaming floor.
France’s national gambling regulator has ordered French internet service providers to block access to the prediction market platform Polymarket.
Underdog has launched an in-house prediction market platform following its acquisition of Aristotle Exchange.
Aristocrat Interactive has signed an agreement to launch its content with Loto-Québec, expanding its presence to every regulated lottery and gaming market in Canada.
Gambling.com Group has changed its corporate name to Grandstand to draw a clear distinction from its leading comparison and reviews website.