PointsBet reported revenue of $267.1m for fiscal 2024, a 16% rise, after selling its US business to Fanatics Betting and Gaming for $225m. Chief executive Sam Swanell said the company would invest its remaining $28.1m cash reserves in growth in Australia and Canada.
Investors can assess PointsBet’s growth priorities in Australia and Canada after its US business sale.
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The Massachusetts Gaming Commission recommended Fanatics Betting and Gaming as suitable to progress to a full five-year sports betting licence after an adjudicatory hearing on 30 April. The recommendation is conditional, including on updates to the regulator’s understanding of the platform’s cybersecurity policy and continued reporting on Fanatics’ gaming compliance committee; the suitability process remains ongoing.
The New York State Gaming Commission reported $140.9 million in sports betting revenue from mobile operators in July, with a combined hold of 11.1%. Mobile handle reached $1.27 billion, while the state reported $71.6 million in total tax revenue for the month.
Five prediction market operators have withdrawn or limited some event contracts in Utah as state authorities pursue criminal charges against Kalshi and its co-founders. DraftKings, FanDuel and Fanatics introduced restrictions between 28 October and 4 November; Robinhood and PrizePicks have also restricted access, with measures varying by operator.
Voters in Nebraska, Virginia and Indiana are considering gambling measures in the 2026 US midterm elections, according to the report. Nebraska Initiatives 440 and 441 would together allow regulated online sports wagering tied to licensed racetracks; Virginia measures concern local horse-racing venues, while votes in three Indiana counties concern eligibility to pursue a casino licence.
Voters in Nebraska, Indiana and Virginia are deciding gambling measures on 3 November 2026, according to reports. Nebraska voters are considering two measures required to permit mobile sports betting, while voters in three Indiana counties are deciding whether to allow a casino development requiring at least $500 million in investment. The source text also refers to a Virginia measure but provides no details about it.