North American markets report Q3 wagering and September gaming results

Indiana reported $1.27 billion in online sports betting handle for Q3 2026, narrowly ahead of Michigan's $1.23 billion, according to market data reported for the quarter. Indiana's wagering rose 10 per cent year on year, against a 7 per cent increase in Michigan.

In the third quarter, Michigan's sportsbooks achieved a win margin of 10.8 per cent, while Indiana's stood at 9.7 per cent. Each state nonetheless saw its margin decline relative to Q3 2025. Gross win climbed 5 per cent in Michigan to $133.4 million, and Indiana's gross win was 8 per cent higher at $123.5 million.

Ontario's iGaming and sports betting operators together took C$9.71 billion in wagers during September, 14 per cent more than a year earlier. Online casino drove the increase, climbing 16 per cent to C$8.50 billion, or 88 per cent of all wagering. Sports betting edged up 1 per cent to C$1.07 billion, whereas online poker declined 10 per cent to C$130 million. At C$416.3 million, monthly iGaming revenue was 26 per cent higher and the strongest figure recorded in 2026 to date, with all three sectors posting double-digit gains.

Alberta has published the inaugural figures for its regulated iGaming sector, showing C$2.89 billion wagered in total across three verticals. Online casino accounted for 79 per cent of quarterly wagers, at C$2.28 billion. Online sports wagering brought in C$325.8 million, and live casino gaming contributed C$284.1 million.

Nevada's gaming revenue for September totalled $1.28 billion, matching the figure from a year earlier. Slots produced $948.9 million, up 1 per cent on September last year, and sports betting revenue held steady at $54.1 million. Among table games, Twenty One generated the most at $94.0 million, with Baccarat second at $58.6 million.

Delaware's combined iGaming and sports wagers in September increased 20 per cent to $373.8 million. iGaming wagers grew 23 per cent to $348.7 million, while sports wagering fell 9 per cent to $25.1 million. Delaware Park led operators with wagers of $181.4 million, ahead of Harrington Raceway on $102.1 million, and monthly net revenue from sports and iGaming was $15.5 million, up 30 per cent.

Gambling turnover in South Dakota reached $171.9 million in September, an 11 per cent gain on the prior year. Casino slot wagering climbed 11 per cent to $162.8 million, and table game wagers were 9 per cent higher at $8.4 million. Sports betting, by contrast, dropped 31 per cent to $774,837, with American football supplying $534,142 of that amount.

Michigan's online sports betting and iGaming operators together generated $355.7 million in September, 18 per cent more than a year before. iGaming contributed $300.2 million, up 16 per cent, while online sports betting revenue climbed 27 per cent to $55.5 million as wagers rose 4 per cent to $544.8 million. Adjusted revenue across both verticals was $313.0 million, 22 per cent higher, and tax collected improved 21 per cent to $62.5 million.

Wagers placed with New York's mobile sportsbooks in September came to $2.40 billion, 5 per cent more than a year earlier. FanDuel remained the largest brand, its monthly wagers rising 14 per cent to $904.7 million, while DraftKings was second despite a 4 per cent decline to $840.1 million. With a margin of only 6.6 per cent, the second weakest of 2026 to date, mobile gross revenue dropped 18 per cent to $159.4 million. Revenue from the state's land-based casinos jumped 220 per cent to $184.3 million, led by Resorts World NYC at $126.7 million, far ahead of Rivers Casino at $20.1 million and del Lago Casino at $15.0 million. Table games brought in $53.6 million and slots $129.3 million, while poker contributed $798,510 and retail sports betting in the casinos $641,480.

Combined wagering at Wyoming's five online sportsbooks dropped 14 per cent in September to $23.4 million. DraftKings saw its wagers decline 30 per cent to $11.1 million, FanDuel grew 8 per cent to $6.5 million, and BetMGM's wagering slipped 5 per cent to $3.1 million. Gross revenue for the month was $2.5 million, 6 per cent higher, with DraftKings taking 54 per cent of the total.

Massachusetts online sports wagers for the first nine months of 2026 reached $5.92 billion, 2 per cent above the same period last year, even though September's figure slipped 3 per cent to $766.0 million. DraftKings remained the market leader at $389.4 million in wagers, a 5 per cent decrease, while FanDuel's wagers grew 3 per cent to $199.2 million. A 9.4 per cent margin lifted monthly gross win 34 per cent to $72.2 million.

Tennessee took $591.9 million in sports wagers during September, 5 per cent more than a year earlier and the state's largest monthly figure so far in 2026. Adjusted wagers after deductions came to $588.8 million, also 5 per cent higher year on year. The state's sportsbooks paid $10.9 million in privilege fees for the month, up 5 per cent.

Illinois sportsbooks handled $1.03 billion in wagers in August, level with a year earlier and the smallest monthly amount recorded in 2026 to date. Online betting supplied $1.01 billion of the total, with the retail sector contributing $15.8 million. Adjusted gross revenue fell 29 per cent to $76.3 million, of which online betting accounted for $75.2 million and retail $1.1 million.

On the corporate side, MGM Resorts International's consolidated revenue for Q3 2026 slipped 1 per cent to $4.21 billion, with weaker US operations offsetting a record performance at MGM China. Caesars Entertainment lifted quarterly revenue 2.5 per cent to $2.94 billion even as Las Vegas remained soft. Gaming and Leisure Properties posted record quarterly figures, revenue rising 9.5 per cent to $435.4 million, and Rush Street Interactive grew revenue 39 per cent to $385.9 million, helped by record monthly active users in North America.

Konami Group lifted its full-year guidance after first-half FY27 revenue climbed 37 per cent to ¥307.98 billion (about $1.95 billion), of which ¥25.11 billion came from Gaming & Systems. Churchill Downs Incorporated booked record third-quarter revenue of $696 million, helped by gaming and live and historical racing. VICI Properties posted a 6 per cent rise in third-quarter revenue while net income fell 55 per cent.

PointsBet Holdings' revenue for the half-year to 30 September 2026 fell 16 per cent to A$112.7 million, a figure that includes $20.9 million from Canada. BetMakers Technology Group grew revenue 16 per cent to A$24.7 million in its fiscal first quarter to 30 September and recorded adjusted EBITDA of $5.9 million. Monarch Casino & Resort lifted third-quarter revenue 2 per cent to a record $146.3 million. GiG Software's quarterly revenue dropped 12 per cent to €8.5 million, a period in which it launched three brands in Alberta. Betty Canada set a third-quarter net revenue record of CA$111 million, aided by its first Alberta contributions.

Ontario wants to create a competitive land-based gaming market in the Niagara Region, initially limited to no more than three new operators. New Brunswick's government has tabled legislation to authorize and regulate live casino gaming. Polymarket is pulling its sports-related event contracts out of Michigan under a deal with the state's gambling regulator, and the Commodity Futures Trading Commission has sued to block Utah from banning certain prediction market event contracts. Kalshi, meanwhile, has sued Louisiana officials in federal court to stop the state's gambling regulators from acting against its event contracts.

The NBA has signed deals with the CFTC, Kalshi and Polymarket, a strong commitment to prediction markets. Peter & Sons has launched in Alberta's regulated iGaming market alongside BVGroup's BetVictor brand. Gaming and Leisure Properties is moving beyond gaming for the first time, investing in industrial and logistics. Resorts World New York City has added a high-limit gaming destination as it develops into a full casino.

The Atlantic Lottery Corporation delivered CA$492 million in net profit to the four Atlantic provinces for its 2025/26 financial year. Charles H. Jeffers II has been named interim executive director of the National Council on Problem Gambling. Station Casinos, a Red Rock Resorts subsidiary, opened North Fork Mono Casino in California's Central Valley. BetMGM will keep serving as an official sports betting partner in Canada after renewing its NFL deal, Crypto.com named Mohammed Mortajine chief compliance officer, and Catena Media is investing in B2B collectibles platform Repackz as part of a push to diversify revenue.