North America Gaming Revenues Rise in June 2026

North America Gaming Revenues Rise in June 2026 – Brand Expansion and Prediction Market Deals Reshape Competitive Landscape

Key Takeaways

• Arkansas recorded its first $100 million mobile betting month after FanDuel and DraftKings entered the market in March 2026.
• Rhode Island wagering surpassed $1 billion in the first half of 2026, driven primarily by iGaming growth.
• Delaware, West Virginia, and Maryland posted double digit increases in wagering in June.
• IG Group agreed to acquire Underdog for $1.3 billion, while several US states intensified scrutiny of prediction markets.

Arkansas Market Shifts After Entry of National Brands

Arkansas illustrates how quickly market dynamics can change when national operators enter a state. Mobile sports betting has been available through the state’s three casinos since 2022. In 2025, Saracen Casino led the market with a 52 percent share.

FanDuel and DraftKings entered Arkansas in March 2026 through partnerships with Oaklawn Casino and Southland Casino. The impact was immediate. In April, the state recorded its first $100 million month in mobile betting handle.

By the second quarter of 2026, Saracen’s position had shifted significantly. Its market share fell to 14 percent, down from 55 percent in the second quarter of 2025. Oaklawn and Southland now compete for the top position by handle.

Land based revenue in Arkansas also increased. The three casinos reported 8 percent year on year growth in June to $63.4 million. Sports betting revenue rose 18 percent to $5.8 million on a 92 percent jump in wagering to $72.1 million, with $5.6 million generated via mobile.

Rhode Island, Delaware and West Virginia Report Strong Online Growth

Rhode Island’s combined sports and iGaming wagering reached $1.09 billion in the first half of 2026. In June alone, total wagering rose 15 percent year on year to $173.0 million. Of that total, $141.6 million came from iGaming and $31.5 million from sports betting. Online sports wagers accounted for $27.6 million, while retail contributed $3.9 million.

In Delaware, June wagering increased 37 percent to $380.1 million. iGaming represented $361.5 million of that figure, up 37 percent, while sports betting rose 29 percent to $18.6 million. Monthly revenue climbed 46 percent to $13.8 million, driven by a 57 percent increase in iGaming revenue.

West Virginia posted a 20 percent rise in wagering to $881.1 million in June. iGaming generated $849.3 million of the total, while sports betting contributed $31.8 million. Combined monthly revenue from both segments increased 37 percent to $42.9 million.

Mixed Results Across Other State Markets

In Maryland, sports wagering grew 30 percent year on year in June to $523.3 million. Soccer betting rose 248 percent to $62.6 million during the FIFA World Cup. Despite higher wagering, gross betting revenue declined 4 percent to $54.6 million.

Oregon reported a 34 percent increase in sports wagers to $88.0 million. Soccer betting reached a record $28.1 million, up 422 percent year on year. However, overall gross win fell 21 percent to $7.8 million, producing a margin of 8.8 percent.

South Dakota’s combined gambling turnover rose 12 percent to $154.7 million in June, the first time in eight months it exceeded $150 million. Retail sports handle declined 16 percent to $427,086.

In Nevada, statewide casino revenue increased 3 percent in the first half of 2026 to $8.04 billion. June revenue reached $1.34 billion, up 1 percent year on year. Sports betting revenue rose 20 percent to $50.5 million.

Illinois recorded 7 percent growth in video lottery terminal wagering to $2.97 billion in June, with revenue up 9 percent to $275.5 million. However, May sports wagers declined 10 percent to $1.14 billion, the lowest monthly total of 2026 so far.

Corporate Earnings Reflect Online and Casino Growth

Several listed operators and suppliers reported quarterly updates. MGM Resorts International posted a 1 percent revenue increase to $4.45 billion in the second quarter of 2026, supported by higher casino and food and beverage revenue.

Rush Street Interactive reported a 46 percent rise in quarterly revenue to a record $393.8 million and raised its full year guidance. Caesars Entertainment grew net revenue 3 percent to $2.99 billion, while narrowing its net loss to $62 million.

BetMGM reported a 4 percent increase in total net revenue to $1.41 billion for the first half of 2026, with growth in both online sports betting and iGaming. Churchill Downs Incorporated achieved a 5 percent increase in net revenue to a record $980 million in the second quarter.

International suppliers also reported updates. BetMakers Technology Group posted 9 percent revenue growth for the final quarter of its financial year. Codere Online recorded a 20 percent increase in net gaming revenue to €133.8 million. Gaming Realms expects a 3 percent drop in first half revenue.

Prediction Market Sector Faces Expansion and Regulatory Pressure

Beyond traditional betting and casino operations, prediction markets remain active.

IG Group agreed to acquire Underdog for $1.3 billion, signaling continued investment in event based trading products. Fanatics will gain the ability to operate its own federally regulated prediction market exchange after acquiring Water Street Labs and CX Clearinghouse from BGC Group.

Regulatory scrutiny intensified in several states. New York Governor Kathy Hochul and Attorney General Letitia James initiated legal action seeking to bring Kalshi into compliance with state law. A federal judge in Wisconsin issued a setback to the Commodity Futures Trading Commission in its attempt to prevent state regulators from enforcing gambling laws against prediction market platforms.

A coalition of 44 state attorneys general sent a letter to the CFTC arguing that the agency lacks jurisdiction over sports related event contracts offered on prediction markets. In Nevada, Kalshi agreed with the Nevada Gaming Control Board to withdraw prohibited event contracts.

Minnesota Governor Tim Walz signed an executive order preventing state employees from using non public information for insider trading on prediction markets. Meanwhile, ProphetX raised $35 million to scale its sports focused prediction market and B2B platform.

Our Assessment

June 2026 data shows continued growth in online wagering across multiple US states, particularly in iGaming. Arkansas demonstrates how the entry of national brands can quickly alter market share. At the same time, corporate earnings reflect steady revenue expansion among major operators. In parallel, prediction markets are attracting significant investment while facing increasing legal and regulatory scrutiny at state level.