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State of the Union: Drama in Texas, Alberta opening, Missouri applications soon available, more
Welcome to iGB’s State of the Union, a look at the biggest North American sports betting stories we’ve covered over the week and briefs on others we found interesting.
Texas GOP group: Wagering “dead on arrival”
The recent elections in Texas have led to a shift in legislative attitudes towards gambling. A group of newly elected anti-gambling Republican lawmakers has replaced some proponents of gambling expansion. As a result, the future of gambling, particularly sports betting and casino development, appears bleak.
Alberta market to open early next year?
Alberta is poised to be the next Canadian province to launch digital sports betting and igaming, with an anticipated opening in early 2026, following Ontario’s lead.
Missouri applications available from 15 April
The Missouri Gaming Commission will begin accepting sports betting applications from 15 April, ahead of a projected launch of live digital sports betting by 1 December.
Another Southern California sports bettor indicted
A Southern Californian has been indicted for tax evasion related to sports betting, allegedly misusing corporate funds for personal gambling debts.
DraftKings getting into prediction market?
DraftKings has registered a name indicating interest in developing a prediction market product, which CEO Jason Robins has hinted could expand beyond election betting.
Americans to wager $3.1 billion on March Madness
The American Gaming Association projects that Americans will wager $3.1 billion on March Madness this year, a notable increase from the previous year.
Could Rhode Island open its market?
A new bill in Rhode Island seeks to end IGT’s monopoly on sports betting, potentially opening the market to multiple operators before IGT’s contract renewal in July 2026.
In other news…
Penn Entertainment has launched its standalone Hollywood Casino igaming app in New Jersey, following similar releases in Pennsylvania and Michigan.
ICYMI on iGB
- Hawaii digital betting begins its march in senate
- Mississippi legislature makes digital wagering a political football
- In Maryland, no vote on sweeps ban and HHR bills
- SAFE Bet Act updated, introduced again
- Opponents of digital sports betting come out in force in Nebraska
- A year in, NC wagering in line with similar-sized states
Key Points
- Texas anti-gambling sentiment has grown, making expansion unlikely in the near future.
- Alberta is expected to open its digital sports betting market in early 2026.
- Missouri will start accepting sports betting applications on 15 April, ahead of a late 2025 launch.
- A man in Southern California faces charges for tax evasion linked to sports betting.
- DraftKings is exploring a prediction market product, tapping into new opportunities.
- The NCAA March Madness tournament is projected to generate $3.1 billion in bets this year.
- Rhode Island may open its sports betting market to competition by not renewing IGT’s contract.
Why should I read this?
This article provides a comprehensive update on critical developments in the North American sports betting landscape, reflecting legislative changes and market openings. It offers insights into regional trends that may impact operators and bettors alike, spotlighting the ongoing evolution of gambling laws and industry dynamics.
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