BetMGM promoted Jarrod Schwarz, its chief product officer for nearly five years, to the newly created chief operating officer role, the company said. Schwarz will oversee product, customer operations, technology and trading; the company also moved strategy, corporate development and business development under CFO Gary Deutsch.
The appointment places several core operating functions under a newly created senior role at BetMGM.
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The IBJR said its monitoring had identified 60,477 suspected betting addresses in Brazil since it began tracking them after the betting prohibition. Its LegitBet system found betting-operation indicators on 34,134 sites, while the IBJR noted that these were database entries, not necessarily newly created sites, and did not replace authority reviews.
The Brazilian Responsible Gambling Institute (IBJR) said its monitoring had identified 60,477 addresses suspected of offering betting since it began tracking them after betting was prohibited in Brazil. In 34,134 of those sites, the institute's LegitBet system found elements characteristic of betting operations, such as bonus offers, Pix payments and registration forms, according to the institute. The data was updated to Tuesday 27 October.
Nebraska voters are due to decide on 3 November 2026 whether to approve two initiatives covering online sports betting, according to reports. The supporting campaign has received almost $21.7 million, with FanDuel and DraftKings each contributing nearly $10.3 million during the election year. Both proposals must pass for mobile betting to become legal; the proposed framework would apply a 20% tax to gross gaming revenue.
MGM Resorts International reported consolidated revenue of $4.21bn for the third quarter of 2026, down 1% year on year, according to its financial results published on 28 October. Net loss attributable to shareholders narrowed to $17m from $285m, while adjusted consolidated EBITDA fell to $403m from $506m. MGM China revenue rose 5%, and the company said its digital businesses also recorded revenue growth.
New York sports bettors wagered more than $2.4bn in September, up 5% from September 2025, according to the New York State Gaming Commission. Handle for the first six months of the state's 2026/2027 fiscal year reached nearly $12.6bn, up 6.9% year on year, while sportsbook revenue fell 5.8% to $1.1bn. Prediction-market platforms dispute the gaming industry's claim that their trading diverts business from state-regulated sportsbooks.
New York sports bettors wagered more than $2.4bn in September, the New York State Gaming Commission reported. That was 5% more than in September 2025, an increase of nearly $114m in wagers.
US iGaming revenue grew 12% year on year in Q3 2026, according to a Citizens Equity Research report cited in the report, down from 16% in Q2 and 19% in Q1. The report said sports betting handle rose 7% in Q3 despite one fewer week of NFL play, while same-store September handle increased 1% year on year.