Missouri's first month of legal sports betting saw $543 million in wagers but only $521,200 in tax revenue. Sportsbooks gave away $125 million in promos and posted negative adjusted gross revenue.
BetMGM crushed expectations in 2025 and projects $3.1-3.2 billion in revenue for 2026. The sportsbook is finally returning cash to its parent companies.
Ontario's regulated online gambling market has generated over $10 billion in total revenue since launching in April 2022. December 2025 set a new monthly record.
The gambling giant's revenue grew 9% to £4 billion but operating profit fell from £116 million to a £43 million loss. US expansion and regulatory costs bite hard.