Ontario Sports Betting Revenue Surges in September Driven by NFL Season Start

Ontario Sports Betting Revenue Surges in September Driven by NFL Season Start

Key Moments: Ontario sports betting revenue increased by 27% month-over-month in September, according to iGaming Ontario Total wagering volume reached CA$9.71 billion ($6.94 billion), while non-adjusted gross gaming revenue climbed 5% to $416.3 million ($297.7 million) Active player accounts hit a record high of 1.413 million, marking a 17% increase month-over-month Football Season Kickoff Energizes Wagering Activity The onset of the football season spurred a significant increase in sports betting across Ontario in September. Sportsbook cash wagers rose by 27% from the prior month to $1.074 billion ($768 million), boosting…

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Nebraska Voters Shut the Door on Online Sports Betting

Nebraska Voters Shut the Door on Online Sports Betting

Key Moments Nebraska voters rejected proposals to legalize statewide online sports betting. Supporters raised nearly $22m by October to try and secure voter approval for two ballot initiatives. Online sportsbook revenue would have faced a 20% tax rate, with around 70% directed to property tax relief. Online Expansion Thwarted at the Ballot Box Efforts to introduce online sports betting across Nebraska have stalled after voters declined to approve the necessary ballot measures during the midterms. As a result, the state’s legal sports wagering remains confined to in-person betting at racetrack…

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