Missouri sports betting records $325.2m in wagers in September
Regulation1 min read
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West Virginia reports $962.6m in September sports and iGaming wagers
West Virginia's combined sports and iGaming wagering rose 21% in September to $962.6 million, according to the report. The source does not identify the reporting authority or provide further market details.
Combined wagering in West Virginia grew by 21 per cent in September, reaching $962.6 million.
Delaware iGaming and sports wagers reach $373.8m in September
Delaware’s combined iGaming and sports wagers rose 20% year on year to $373.8 million in September, reportedly.
Missouri sportsbooks record $207.5m in August wagers
Reportedly, Missouri sportsbooks accepted $207.5m in wagers during August. That marked the lowest monthly betting total since the market opened.
Two prediction-market operators sue Missouri over sports event contract rules
North American Derivatives Exchange, which operates Crypto.com's OG prediction market, and Ludlow Exchange, Novig's operator, filed separate lawsuits on 16 October challenging Missouri's 21-year age minimum and 10% tax on sports event contracts. Both argue that federal commodities law gives the CFTC authority over their contracts, pre-empting state gambling rules, after a 30-day compliance period following cease-and-desist notices expired. Missouri Attorney General Catherine Hanaway's office maintains that labelling a sports bet an event contract does not remove it from state law.
North American Derivatives Exchange, which operates Crypto.com's OG prediction-market platform, and Ludlow Exchange, the operator behind Novig, filed separate lawsuits on 16 October challenging Missouri's sports event contract rules. The filings followed the expiry of a 30-day compliance period set out in cease-and-desist notices. Both companies argue that federal commodities law gives the Commodity Futures Trading Commission authority over their contracts, putting them outside Missouri's gambling requirements.
Washington DC sportsbooks record $80.2m in September wagers as bet365 launches
Reportedly, Washington DC sportsbooks handled $80.2m in September wagers, an increase of 4%. bet365 began operating in the market during the month.