PointsBet reportedly engaged Moelis & Company to seek potential buyers for its North American sports betting operations. The report said the company had not identified any bidders and was active in 14 US states; it also said PointsBet had withdrawn its Massachusetts licence application.
A potential sale could alter ownership of PointsBet’s North American operations, although no bidders were identified.
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North Carolina recorded sports wagers exceeding $500m for a 12th consecutive month. Citing Spectrum News, it said treatment providers were receiving more sports betting enquiries. Advocates argued that the state’s mandated $2m annual allocation from digital sports betting taxes was insufficient for gambling addiction education and treatment.
North Carolina has recorded a 12th consecutive month in which more than $500m was wagered on sports bets, according to a report. The figure was reported by Spectrum News, which also said treatment providers are receiving more sports betting-related enquiries.
Five North American professional leagues and their player associations asked state gaming regulators to coordinate action against betting-related athlete abuse. Their letter, dated 15 September, called for bans on abusive sports bettors.
North Carolina recorded sports betting of $566.3m in July. The outlet reported growth of 53% and attributed the increase partly to continued FIFA World Cup betting.
North Carolina lawmakers have approved a budget that allocates part of sports betting tax revenue to university athletic departments. Legislative analysts project revenue of US$206 million in 2026–27 under an increase in the tax rate on licensed operators from 18% to 23%. Nine UNC System schools are projected to receive $3 million each next year.
It was reported that NASPL asked lawmakers and regulators to clarify their approach to sports-related event contracts. The lottery association’s statement joins the US debate over prediction markets.